ACC 230
Axia College of University of Phoenix (UoP)
Financial Reporting: Peeking Under the Financial Hood
Fraser, L. M., & Ormiston, A. (2007). Understanding financial statements (8th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall.
ACC 230 Week Eight (Week 8) Solution
1. CheckPoint: Analyzing Financial Data
• Resource: Ch. 6 of Understanding Financial Statements
• Complete Problem 6.6 on p. 232 (Ch. 6).
• Submit your answers to questions A and B.
2. CheckPoint: Interpreting Financial Ratios
• Resource: Ch. 6 of Understanding Financial Statements
• Complete Problem 6.2 on p. 230 (Ch. 6).
• Submit your answer in 200 to 300 words.
3. Assignment: Presenting to Stakeholders
• Resource: pp. 192-193 (Ch. 6) of Understanding Financial Statements
• Read the scenario in Problem 6.9 on p. 234 (Ch. 6).
• Compose a 350- to 500-word response that includes a paragraph about the main ideas of the annual report and an explanation of how you might present these ideas to stakeholders.
• Refer to the questions in the Objectives of Analysis section on pp. 192-193 (Ch. 6) for guidance on tailoring ideas to present to stakeholders.
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