PART 1: (Does NOT need to be very long)

Accounts Receivable Discussion post

Any time goods are sold or services are provided without an immediate payment in exchange, there is an account receivable created to record the amount due to the provider. While the intention is to collect 100% of these sales made on account, that isn’t always the reality. Companies have to be realistic in their collection expectations of their accounts receivable. Because of this, they often need to review and estimate their bad debt expense and their net realizable value of their accounts receivable, or in other words, what they really expect to collect of those accounts.

William Commerce, owner of Commerce Commercials, has some questions for you as the office manager of his company. For your initial post, draft a professional email to William Commerce to address the following questions:

Why do we as a company have to estimate and record anticipated uncollectible accounts? Can’t we just record the revenues earned when the cash comes in? Why would we even extend credit to customers who don’t pay their debts? What are these Generally Accepted Accounting Principles anyway, and which ones require this recording of revenues when earned and expenses when incurred, and the estimating of the bad debts?

Also, we don’t currently have a standard policy for credit management in our company. Please formulate a policy for granting, managing, and collection of accounts receivable for Commerce Commercials. This policy will go into the company handbook and on credit applications given to new customers seeking the option to make purchases on credit.

PART 2: (attached on bottom)

The Balance Sheet

Requirements:

1. Prepare the Statement of Retained Earnings for the period ending December 31, 20##.
2. Prepare the Balance Sheet as of December 31, 20##.
3. Calculate the current ratio for the year.

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Career: Accountant 

Who? What type of person is attracted to this career? introvert/extrovert? A think? Someone who enjoy detail? Need to be flexible? What specific skill are needed?

What? What are some of the day-to-day responsibilities? Work alone or with others?

Where? What is the work environment? Supervisor? Geographical location/ cost of living? Outside work or desk job? Travel? If travel, how much?

When? Hours/traditional 9-5 job? Evening and/pr weekends? Is job “event” driven? Vacation time?

Why? What is the purpose of job? Do you think will find it satisfying? What is about this career that is appealing to you? What do you want to pursue this particular career?

How? What are the educational requirements? Internships offered? What is the job outlook for this profession? Does this career provide for advancement?

Length: approximately 400 to 500 words 

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Read the Case “The Walt Disney Company: Its Diversification Strategy in 2012?” and perform the following analysis:

(This case is not in your textbook. You can access the case attached (it is also in the course materials tab for Module 3)).

1. What is the Walt Disney Company’s corporate strategy?
2. What is your assessment of the long-term attractiveness of the industries represented in Walt Disney Company’s business portfolio?
3. What is your assessment of the competitive strengths of Walt Disney Company’s different business units?
4. What does a Nine-cell Industry Attractiveness/Business Strength Matrix for Walt Disney Company look like?
5. Evaluate the financial and operating performance of the Walt Disney Company.

Chapters 8 in your textbook provide detailed discussion of the topic/tool (Portfolio analysis) that you would need to know in order to complete this assignment.

Save your work in Word (.doc). Upload and submit it via the link by the end of Week 6.

You must simply focus on answering the assignment question.

.

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Bob and Carol are planning for the birth of their first child exactly four year from today. They are now to start saving plan for the big event. The current hospital cost for having a healthy baby at the local hospital is $6500 after all insurance payments. Pre-natal care for the inmediate 12 months period prior to having the baby amounts to $2000 out-of-pocket costs. Carol’s best friend is planning a baby shower, so only a crib baby carrier, and other miscellaneous items will be needed, which all cost $1200 today. However, these items will be purchased and paid for the day of the child’s birth, and the items are expected to increase in costs by 10% each year over the next four years due the inflation.

Bob and Carol now have $500 in cash that they plan to put in the bank in order to cover the all the now costs. Also, uncle Ted has promised to contribute $1000 at the end of the year two, as a present to Bob and Carol for baby expenses.

Currently, Bob and Carol can earn 6% compounded annually on this money. In order to be able to pay cash for all expenses on the day baby born, how much will Bob and Carol have to save, assuming the baby born exactly four years from today.

Questions.

1. Draw the timeline that illustrates the timing of all the events of the situation describe above.

2. How much will Bob and Carol need to have in the bank on the day the baby born in order to achieve all their goals?.

3. What amount needs to be saved at the end of each year in order for Bob and Carol to reach their financial goals?.

Submit your 2 to 4 page paper to the week 3 assignment 2 dropbox by week 3 day 6.

Criteria.

Correctly constructed the timeline of the significant events.

Correctly itemized and total costs and contributions to the baby funds.

Correctly identified the correct total contributions needed to achieve the stated goals.

Properly identified the amount that must be saved each year, in order to reach the stated goals.

Work was clearly, written, with logical flow, with minimal errors (including APA format) and utilized appropriate citation/reference of sources.

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Imagine that you are a member of the HR department of a small retail company and upper management has asked you to create a new employee customer service training class for all new employees.  

Write a six to seven (6-7) pages paper in which you:

1. Justify the use of a needs assessment of your company’s proposed employee customer service training, stressing five (5) ways in which such an assessment would expose any existing performance deficiencies.
2. Develop a customer service training implementation plan and determine the method of training (i.e., presentation, discussion, case study, discovery, role play, simulation, modeling, or on-the-job training).  
3. Justify why you selected the training method that you did. 
4. Propose two (2) ways to motivate an employee who has no interest in attending a training class.
5. Develop a survey to collect feedback from the employees who attend the training.
6. Use at least three (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. 

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length

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