|
|
 |
|
  |
Sixteenth Edition College Accounting James A. Heintz, University of Kansas Robert W. Parry, Indiana University |
|
|
|
|
You're just a click away from the information about companies and concepts covered in the text.
Chapter 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 For the Inc. Online articles, go to the links at the end of this page! |
|
|
|
|
| Chapter 7 |
For some other views on accrual and cash accounting, check out these web pages. What are some differences between cash and accrual accounting? Can businesses use one method for internal record keeping and another method for tax reporting?
American Express offers a small business services page. Choose "Business Planning and Resources", and then "Managing Your Business". Small Office/Home Office also has information. top |
|
|
|
| Chapter 8 |
Your business will need to write a check at some point in time, to pay a vendor or an employee, or to cover an unforeseen expense. What do you need to do to open an account? What are some of the costs and restrictions a business owner needs to be aware of? Check out these sites for information on checking accounts:
Checking Accounts for the Needs of Small Businesses top |
|
|
|
| Chapter 9 |
Most people receive paychecks; they don't issue them. The bottom line and the benefits are noted and grumbled about, but what really goes into a person's paycheck? What are various benefits and compensation strategies?
For general compensation reviews across the nation, look at: JobSmart For an explanation of some benefits, check out: Best Jobs top |
|
|
|
| Chapter 10 |
How long are employers required to keep employment tax records? For this and other tax advice, go to the IRS business resource page. Choose Tax Topics for Business, then Recordkeeping.
top |
|
|
|
| Chapter 11 |
1. Not only is mail-order big business, but Internet retailing is expanding at a tremendous rate.
Companies like Sears, J. C. Penney, and L.L. Bean are on the Net, as are as millions of other retailers. How would their sales journals differ, if at all, for Internet sales versus mail order? What new challenges or problems might Internet sales present for record keeping? 2. E-business is not just for major players. See also Accounts Ledger top |
|
|
|
| Chapter 12 |
As mentioned in the chapter 11 question, many retailers are going on-line. More banks are on-line too, many paychecks are direct deposited, and people are seeing less and less physical currency. What happens to cash accounting when there is no more cash? If this sounds farfetched, look at the following site.
PNC Bank is only one of many banks that offers on-line banking.
top |
|
|
|
| Chapter 13 |
Vouchers are part of a system of checks and balances that reduce loss to employee theft and embezzling.
Where can loss occur, and what are possible preventative techniques? Check out the following Web pages for some answers:
Oregon Marketing Business Initiative Embezzlement in Small to Medium Sized Agencies top |
|
|
|
| Chapter 14 |
Many businesses sell a product before they have it, from ticket brokers to hotels to magazines subscriptions. What are some pricing strategies that mail order companies should keep in mind? Check out Home Business Resources for some suggestions.
top |
|
|
|
| Chapter 15 |
Annual reports show a variety of financial statements. Find two companies you are interested in, merchandising or otherwise, and study how they report their incomes. Be prepared to discuss your findings in class. As a starting point, go to the Report Gallery.
top |
|
|
|
| Chapter 16 |
Although all businesses that give credit should expect some uncollectible accounts, there are ways to cut down on the number of such accounts. What strategies can businesses employ to minimize the number of accounts that become uncollectible? Inc. Magazine offers some suggestions!
top |
|
|
|
| Chapter 17 |
How could promissory notes be used to finance the start-up or improvement of your business? Read the article at Nolo Press for some ideas.
top |
|
|
|
| Chapter 18 |
How big a difference in sales can a computerized inventory system make? These two articles offer some insight:
Inventory Control: High-Tech Salvage Yard Hidden Cash top |
|
|
|
| Chapter 19 |
Intellectual property is one of the most valuable resources a company can have. Whether it is the name "Coke," or the movie Star Wars, companies have many ways of using and protecting their properties. What problems come with the Internet and fair use policies? Check out Paramount's open letter to Star Trek Fans about Copyright. Also see replies and responses to Paramount and some wired news. top |
|
|
|
| Chapter 20 |
Partnerships that go bad have been a mainstay of American cinema, from "The Wild Bunch" to "Reservoir Dogs." What happens when your business partners go astray? Read On Your Own
to find out!
top |
|
|
|
| Chapter 21 |
What are some ways, other than the traditional, to raise money for a small business? SBRC Free Report has some suggestions.
top |
|
|
|
| Chapter 22 |
Wendy's International, Inc. went public in 1975 and since then has had seven stock splits. 1. Now you can read about the history of Wendy's stock! Choose "Investor Information", then "Stock Price Information". 2. If you purchased 100 shares of Wendy's stock in 1975, how many would you have today? top |
|
|
|
| Chapter 23 |
Bonds are commonly used to raise capital for expansion or to purchase new facilities. But what value do bonds offer investors? Why would an investor want a lower interest bond rather than a higher paying stock? For information on bonds and their uses, go to the Financial Pipeline Home Page and choose "Bonds".
top |
|
|
|
| Chapter 24 |
Cash flow is tricky to predict in the best of situations, and for a seasonal business like beekeeping it is even more difficult. Look at a beekeeper's cash flow statements. What problems can you foresee in managing the cash flow of a seasonal business?
top |
|
|
|
| Chapter 25 |
Look at the annual report for McDonald's. When you get to the site, choose "Corporate", then "Investor Info", and then "Financial Reports". Be prepared to discuss both horizontal and vertical analyses of McDonald's financial statements.
top |
|
|
|
| Chapter 26 |
Time Warner owns a vast array of cable networks, movie studios, publishers, and other businesses. The information about all of the businesses must be kept separately as well as viewed as one large unit. Look at Time Warner's annual report by visiting the Financial Information section of their homepage. Try to determine where most of their profit comes from.
top |
|
|
|
| Chapter 27 |
Think of a pair of manufacturing competitors (such as Ford and General Motors or Coke and Pepsi), then look up their annual reports. Find out who is more profitable and who spends more on overhead, labor, and materials. Use the Annual Report Gallery as a starting point.
top |
|
|
|
| Chapter 28 |
Find a major manufacturer (such as GE, Whirlpool, or General Dynamics) and determine what percentage of its assets are tied up in inventory. You can access the financial statements of many corporations from the Report Gallery.
top |
|
|
|
 |
Inc. Online linksChapter 23 Anatomy of a Deal: Finance Growth with DebtChapter 24 The Cash-Flow Quagmire Chapter 25 Growing by Numbers Chapter 26 Necessary Losses Chapter 27 Beat the Ratio, Get a Bonus top |
|
|
|
|
Return to College Accounting
Copyright © 1999 by South-Western. All rights reserved. @swlearning.com |
|