some text

Financial Reporting

PAPER INSTRUCTIONS FROM CUSTOMER

Assignment topic: Financial Reporting
Format: APA
Number of pages: 1 page / 275 words

ourse – Financial Reporting – Check weekly folder and go to Week 5. You will get the simulation
On Fri, 19 Feb 2021 at 09:53, Dickence Abuka <abukadickence@gmail.com> wrote:
Complete the Financial Analysis Simulation found in the Week #5 folder. Upon finishing the simulation, write a reflection (600 words) summarizing lessons learned…specifically what did the results of your decisions help you learn about financial ratios and metrics concepts? You should not simply report the decisions you made; you may report those, of course, but do so in the context of what the results caused you to learn about financial ratios and metrics concepts.

ESSAY WRITTEN SOLUTION

View Sample Solution Pdf

Last week I took a simulation assessment which gave me a lot of insight. I made some wrong decisions but it helped me learn something essential in making financial decision making. In the simulation analysis I made my decision based on net income in the income statement. I related my rationale on the current affairs affecting the world right now, which is the Corona Virus Pandemic. This pandemic has greatly affected almost all the companies in the world either positively or negatively. I have come to learn that the financial statements and the financial ratios are interconnected. It is not good to use only one line to make a financial decision. In my decisions I only used net income to make decision and I believe that is why all of them were incorrect. I understand that the amount of profit a company generates is not enough to help me make decision. Besides, profit alone is not a guarantee that the company is financially healthy.

There are other factors that I should have considered before making the decision. . For instant I could have checked the ratios. My perception was that the amount of net income is a reflection of the financial health of a company. However, to determine that the company is financially healthy one needs to consider all the financial metrics by analyzing the balance sheet, income statement, cash flow statement and finally conduct a financial analysis. My concept about making decision based on company’s financial health was good because having a clear picture of financial health can help you make more informed decisions about your organization’s direction and how resources are allocated. However, my approach was wrong and that made my decision to be also wrong. It is now true that all the financial metrics are interrelated and you cannot use one statement without considering another financial statement.

View Sample Solution Pdf

We hope that the content above was helpful. In case you want your essay written by our experts, kindly feel free to place your order and get plagiarism-free content on any topic of your choice. We always deliver within the set deadlines. Thank you

Order a unique copy of this paper
(550 words)

Approximate price: $22

Place Order
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency