Please note that if you edit your initial response (Original Post), you will not

Please note that if you edit your initial response (Original Post), you will not get  credit for the Original Post. The discussions are set up as “Must post first”.
The Role of Fiscal Policy in the Economy
Fiscal Policy: Economic Effects
https://fas.org/sgp/crs/misc/R45723.pdf
Fiscal Policy: Taking and Giving Away by Mark Horton and Asmaa El-Ganainy
https://www.imf.org/external/pubs/ft/fandd/basics/fiscpol.htm
In your initial response to the topic you have to answer all questions:
Discuss the effect of fiscal policy on interest rates and investment. Explain crowding out effect.
Discuss the effect of fiscal policy on inflation.
Discuss the effect of persistent fiscal stimulus on the economy in the long run.
Describe the mechanism how changes in fiscal policy affect output and prices in the economy.
Reflection – the students also should include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.
Please also note that your answers should be written in your own words. Don’t use quotes from the articles to answer the questions.
You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

 

 

Scenario You are interested in a position managing the front-end operations of C

Scenario
You are interested in a position managing the front-end operations of Costco, a publicly traded company. Whenever you interview for a new position, experts suggest you do research to make sure you understand all the components of the position, as well as the company. As part of the interview process you need to demonstrate competencies in both financial and managerial accounting. In order to prepare for your upcoming interview, you decide to demonstrate an understanding of the accounting components and uses of the balance sheet and income statement.
Instructions
In a written memo to the Human Resources department of Costco, demonstrate you researched the company by addressing the following:
Explain the different classifications of accounts contained in the balance sheet and the income statement and the process for the income to move from the income statement to the balance sheet.
Identify the different components on the balance sheet and income statement within the service, merchandising, and manufacturing industries, and which industry Costco would fall within.
Evaluate the different accounts on the balance sheet and the income statement as these relate to Costco.
Elaborate on whether Costco’s revenues are generated through providing a service, selling merchandise, or manufacturing operations or a combination of these processes.
Explain how the revenue and company operations in general affect various inventories on the balance sheet.
Analyze the financial position of Costco based on the 2018 financial statements.
Use Mergent Online to access financial statements.-
https://www.mergentonline.com/basicsearch.php

 

 

Answer one of the following questions regarding investments: Distinguish between

Answer one of the following questions regarding investments:
Distinguish between a debt security and an equity security.
Identify and explain the three types of classifications for investments in debt securities.
At what amount should trading, available-for-sale, and held-to-maturity securities be reported on the balance sheet?
Indicate how unrealized holding gains and losses should be reported for investment securities classified as trading, available-for-sale, and held-to-maturity.
Remember to use proper APA references and citations in all of your work. 

 

 

Research fair value reporting standards. Explain the difference between the old

Research fair value reporting standards. Explain the difference between the old reporting standards and the new fair value reporting procedures for trading securities, held-to-maturity, and available-for-sale securities. Give an example of how the new reporting standards potentially affect the balance sheet and the income statement. Discuss why the fair value standards were adopted and whether you agree or disagree with the benefits of the new reporting standards.

 

 

Accountants are counted on to provide management with analyzing data to determin

Accountants are counted on to provide management with analyzing data to determine best and worst-case scenarios. As future planning becomes more complex, these what-if analyses can increase in complexity and usefulness. Identify and discuss at least three types of what-if analyses that an accountant should be able to perform to measure a firm’s performance over a period. Be sure to include the type of data that will be needed to support this analysis. Justify your response.

 

 

Your client, Barbara, has just formed a new corporation that provides consulting

Your client, Barbara, has just formed a new corporation that provides consulting services to couples contemplating marriage. She has learned from her accountant that there will be items in her business that cause her financial accounting income to be different than her taxable income.
How would you explain to Barbara what these income and expense items are and how she will compute her corporation’s taxable income?

 

 

Instructions Think about your last trip to the grocery store or any retail on-gr

Instructions
Think about your last trip to the grocery store or any retail on-ground store. As you were walking up and down the aisles, what merchandising displays and brands positively drew your attention? Did you actually stop to look? Did it persuade you to buy? Include your rationale and thoughts through the process.
Your journal entry must be at least 200 words in length. No references or citations are necessary.