UOP ACC 291 Wk 1 DQ
1-2

Explain how companies recognize accounts
receivable. How would you describe the entries to record the disposition of
accounts receivables? What is their function? How are bad debts accounted for
under the direct write-off method? What are the advantages and disadvantages of
this method?
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UOP ACC 291 Wk 1 DQ
1-2
How
would you describe the entries to record the disposition of accounts
receivables?

What is their function?
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UOP
ACC 291 Week 3 DQ 2
? What are the different types of
dividends corporations may issue? When should a corporation pay dividends? Do
you prefer a stock dividend or a cash dividend? Why?

? Why do corporations buy back their own
stock? What does it tell you about the corporation? What effect does the
purchase have on the price of a company’s stock?

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UOP
ACC 291 Week 3 DQ 3

? Chen, Inc. purchases 1,000 shares of
its own previously issued $5 per common stock for $12,000. Assuming the shares
are held in the treasury, what effect does this transaction have on (a) net income,
(b) total assets, (c) total paid-in capital, and (d) total stockholders’
equity?

? The treasury stock purchased in the
above question was resold by Chen, Inc. for $15,000. What effect does this
transaction have on (a) net income, (b) total assets, (c) total paid-in
capital, and (d) total stockholders’ equity?

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UOP ACC 291 Week 4 DQ
1
? Why are companies required to prepare
a statement of cash flows? Why is the statement of cash flows divided into
three sections? What does each section tell you about the operations of a
company?

? What are some common ratios used to
analyze financial information? Which are the most important? What are some examples
of how ratios are used in the decision making process?
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UOP ACC 291 Week 4 DQ
3
? Why must preferred stock dividends be
subtracted from net income in computing earnings per share? Why is common stock
usually not issued at a price that is less than par value?

? What three conditions must exist
before a cash dividend is paid? Contract the effects of a cash dividend and a
stock dividend on a corporation’s balance sheet.

University of Phoenix
Acc 291 Week 5
Acc 291 Week 5
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