Assignment
Case Analysis
As a manager, you will usually not prepare financial statements. Your expertise will, instead, be valuable in reading, analyzing, and interpreting them. However, as a learner, preparing such statements will help you to understand them in better detail.
For this Assignment, read the chapter case study "Cash Flows and Financial Statements at Sunset Boards, Inc."at the end of Chapter 2 of your course text. The case deals with cash flows and financial statements at Sunset Boards, Inc.
Part 1:
Prepare the following financial statements using the Financial Statements Template in this week's Learning Resources:
• An income statement for 2013 and 2014
• A balance sheet for 2013 and 2014
• Operating cash flow for each year (Ross et al., 2014)
Part 2:
Write a 250-word paper using the Assignment Template in this week's Learning Resources that addresses the following questions:
• How would you best describe Sunset Boards' cash flows for 2014? Write a brief discussion.
• In light of your discussion in the previous question, what do you think about Tad's expansion plans?
Below are three UNRELATED EXAMPLES of how to cite within a paragraph in APA format. You need to cite resources in your Assignment to support and justify your thinking:
Haag and Cummings (2003) base their information on their experience and concepts of IT at the time, and...
The authors base their information on their experience and concepts of IT at the time, and... (Haag & Cummings, 2003).
The authors base their information on their experience and concepts of IT at the time. They stated that "...IT is the most important aspect that needs attention by upper management" (Haag & Cummings, 2003, p. 89).
Do not forget to include your references in APA format. You will need to write the references to any resources that you cite in your Assignment. Below are examples of references, including your course texts.
References
Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2012). Essentials of corporate finance. New York, NY: McGraw-Hill/Irwin.
Below are UNRELATED REFERENCES from a journal, a newspaper, and Web site. These references are only intended to illustrate correct APA formatting:
Ismail, A., Mohamad, M. H., Mohamed, H. A.-B., Rafiuddin, N. M., & Zhen, K. W. P. (2010). Transformational and transactional leadership styles as a predictor of individual outcomes. Theoretical and Applied Economics, 17(6), 89-104.
Porter, E. (2014, May 13). The politics of income inequality. The New York Times. Retrieved from
http://www.nytimes.com/2014/05/14/business/economy/the-politics-of-income-inequality.html?module=Search&mabReward=relbias%3Ar%2C%7B%222%22%3A%22RI%3A18%22%7D
Walmart. (n.d.) Our business. Retrieved from: http://corporate.walmart.com/our-story/our-business/