Explain how ABC Kitchens would use a balance sheet

Paper, Order, or Assignment Requirements


Activity four consists of one part, a word document. As you complete activity four, I recommend that you consider the guidelines below. In activity four, you should use the terms provided in the body of the email (and in your course room) to formulate a paper providing the ABC Company’s board of directors with information they need to allay their concerns. In developing your paper, keep these guidelines in mind:


1. Please arrange your paper as follows. Provide appropriate headings:

a. Introduction – Worth ½ point

i. Introduce the main points the paper will address and why they are important

b. Assets – Worth 1.5 points

i. Define assets

ii. Define the following:

· Cash

· Accounts receivable

· Inventory

· Plant and equipment

iii. Explain the relevance to ABC Kitchens

c. Liabilities – Worth 1.5 points

i. Define liabilities

ii. Define the following:

· Accounts payable

· Accrued liabilities

· Long-term debt

iii. Explain the relevance to ABC Kitchens

d. Owner’s Equity – Worth 1.5 points

i. Define owners’ equity

ii. Define the following:

· Paid-in capital

· Retained earnings

iii. Explain the relevance to ABC Kitchens

e. Balance Sheet – Worth 1.5 points

i. Define current assets

ii. Define current liabilities

iii. Explain how ABC Kitchens would use a balance sheet

f. Income Statement – Worth 1.5 points

i. Define revenues

ii. Define expenses

iii. Explain how ABC Kitchens would use an income statement

g. Current Ratio – Worth 1.5 points

i. Define it

ii. Explain how ABC Kitchens would use the current ratio

h. Conclusion– Worth ½ point

i. Briefly summarize the main points you made above

i. References– Worth 1 point

2. Go from the general to the specific

a. First define terms and concepts, properly cited, from the course textbook. Then apply these terms and concepts to ABC Kitchens

3. Cite your work.

a. You should paraphrase the definitions in your own words, but you still must cite it (It is not just quotations that you cite)

b. This is how you should cite the course textbook

i. In-text

(Pearson, 2011, p. 1099).

ii. Reference list

Pearson. (2011). SKS 5000-Business strategies for organizational effectiveness within the global perspective (VitalSource eBook for Northcentral University). Pearson Learning Solutions.

4. Resources. You only need to use the course textbook. Unlike other assignments, you do not need to provide outside sources for Activity 4

5. Length: 5-7 double spaced pages, not including title and reference page

1. Assets
2. Liabilities
3. Owner’s Equity
4. Balance Sheet
5. Income Statement
6. Current Ratio

Text book:Sullivan, D. (2011). Business strategies for organizational effectiveness within the global perspective. Pearson Learning Solutions.

Order a unique copy of this paper
(550 words)

Approximate price: $22

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

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

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

Order your essay today and save 7% with the discount code CPH7