COURSE BUS 1102 - Basic Accounting Discussion 2: External Use of Financial Statements, Importance Of Based on the analysis of transactions, state which financial statement Balance Sheet or Income Statement is more important to an outside investor when deciding to invest in a potential business. Explain your choice. SOLUTION   An outside investor relies heavily on a company's balance sheet and income statement to make investment decisions and obtain insight into the company's...

COURSE BUS 1102 - Basic Accounting The Learning Journal is a space where you should reflect on what was learned during the week and how it applies to your daily life and will help you with your life (career) goals. For this week’s reflection, explain how financial statements (Income Statement, Statement of Owner’s Equity, Balance Sheet, and Statement of Cash Flows) are helpful to the business owner, employees, and investors using a company in your local area. Be sure to begin by...

COURSE BUS 1102 - Basic Accounting Your Reading Assignment for this week presented resources that introduce different career paths in accounting. For this week`s written assignment, research the various career paths in accounting and compose a paper that addresses the following: State which career path would you chooses. Explain why you have chosen that career. Conduct research and provide information in the following arears based on your career path: Job descriptio...

COURSE BUS 1102 - Basic Accounting In Chapter 2 of the textbook (pages 90-91), there is a set of financial statements for the hypothetical firm, Cheesy Chuck’s Classic Corn. Suppose you have been approached with an offer to invest in shares of the firm. Based on the accounting information provided, would you invest? Why...or why not? Please explain in detail. SOLUTION   Financial statements provide investors with crucial data for company valuation and credit research purpo...