Addendum to seminar activity 2.2

Question One

Answer the following in written form (). Your answer must use correct sentence structure, spelling and grammar. The content of your answer must not be plagiarised (copied from any source).

You have already collected the following information from various sources. Discuss the usefulness of this information particularly in relation to the reliability, relevance, comparability, timeliness, verifiability and understandability criteria:

·         You receive detailed statements from the existing owner, signed off by that person’s accountant. The statements provide profit figures and net cash flows related to the flats for the last 5 years. The accountant notes that in order to provide the statements quickly the figures for the current year are based on a number of approximations.

·    You are given the audited financial statements of 3 other companies that specialise in the ownership and rental of flats. These are useful because they identify some of the costs involved in this sort of business activity, but because you have never studied the accounts of a company before you have difficulty interpreting many of the terms and figures that appear in the statements.

Question Two

Answer the following in written form . Your answer must use correct sentence structure, spelling and grammar. The content of your answer must not be plagiarised (copied from any source).

What is the purpose of an income statement for an entity? List typical items that you would see in the income statement for a logistics/freight company such as TT Line.

Al-Haddad & Kotnour (2015) describes the change models of Kotter and Lewin. In an essay, compare and contrast these change models or any other early research that focuses on individual behaviors and resistance to change.

1. Explain each step of the change model.

2. Compare and contrast each model of change.

3. Explain the impact of each model on implementing change and resistance to change.

Your essay should be three pages in length, not including the title page or reference page. Cite at least one scholarly article from the CSU Online Library (not including the referenced case study article). You must accompany all referenced, paraphrased, and quoted material and sources used with in-text citations in the proper APA format.

Kansas Enterprises purchased equipment for $77,000 on January 1, 2012. The equipment is expected to have a five-year life, with a residual value of $6,900 at the end of five years.Using the straight-line method, depreciation expense for 2013 and the book value at December 31, 2013 would be:

Using major mass media types; Newspaper, television, direct mail, radio, magazines, outdoors, yellow pages, newsletters, brochures, smart phone. Carefully consider these profiles and discuss the following questions:

• How has the advent of social media affected each of these media?
• If you were using one or more of these media how would you utilize the concepts of Integrated Marketing Communications in order to tie them all together?
• Detail how an appliance company might employ each of these media in their market communication activities? For example, given the strengths of each, how would you deliver or message an appliance company’s brand mantra and remain consistent with their messaging on social media?

Momber’s Flooring Company    

   2011 2012

Cash           500           800

Accounts receivable       1,400       1,200

Inventory       3,900       4,400

Net fixed assets       8,200       8,200

Land       1,000       2,000 

Total Assets     15,000     16,600           

 Notes payable       1,000           600

Accounts payable       3,000       2,000

Accruals           500           900

Long-term debt       3,600       5,400

Common Stock       2,500       2,200

Retained earnings       4,400       5,500

Total Liabilities and Equity     15,000     16,600

Given the Balance Sheets for Momber’s Flooring Company above for the years ending December 31, 2011 and 2012, find Net Cash Flows from Financing Activities