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ACC 371 GCU Week 2 Complete Work
ACC 371 GCU Week 2 Discussion 1
Explore the FASB Codification sections related to investments (§320, 323, and 325). Identify a level of investment in equity securities (under 20%, 20%-50%, over 50% of outstanding stock) and explain how investments of that size should be treated. Justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates. Your initial post should be 250-500 words, and should demonstrate solid academic writing skills.
ACC 371 GCU Week 2 Discussion 2
Find a publicly traded company that has investments on its balance sheet. Provide a link to the balance sheet in your post, and explain the details of the investments based on the amounts and disclosures found in the financial statements. Why do you think the company acquired the investments? Do not choose a company that has already been reported on by one of your classmates. Participate in follow-up discussion by critiquing the posts provided by your classmates and defending their challenges to your post. All posts should be grammatically correct and proofread for spelling.
ACC 371 GCU Week 2 Assignment Latest
Details:
Please complete P17-7 and P17-10 from the textbook.
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
Save your workbook using the filename LastnameFirstinitial.ACC371.T#where the # represents the topic number. For example, John Doe would submit assignment #5 using the following name: DoeJ.ACC371.T5.
You are not required to submit this assignment to Turnitin, unless otherwise directed by your instructor. If so directed, refer to the Student Success Center for directions. Only Word documents can be submitted to Turnitin.
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