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(Solution) -Business Fianance FN 3000 Assignments LP3 Assignment: Construct financial forecasts for an organization.


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The Question

Business Fianance FN 3000

 

Assignments

 

LP3 Assignment: Cost of Goods Sold & Cash Budgeting

 

This assignment will assess the competency 3. Construct financial forecasts for an organization.

 


 

Directions: Chapter 4 ? Problems 6, 11, 13, 24

 


 

These assigned problems are located in your Foundations of Financial Management textbook. Follow the instructions printed for each problem and submit this assignment in a Microsoft Excel or Word document.

 


 

Submit this assignment to your instructor via the dropbox, ?LP3: Assignment: Cost of Goods Sold & Cash Budgeting.? This assignment is worth 80 points and will be graded according to the following scoring guide.

 

Scoring Guide (80 Points)

 

Rating Scale

 

8 Work meets or exceeds criterion at a high level of competence.

 

7 Work reflects an understanding of criterion with minor misunderstandings/misconceptions.

 

6 Criterion partially met, but one or more important concepts/skills are missing or flawed.

 

5-4 Work reflects an attempt to meet criterion, but significant misunderstandings/misconceptions are apparent.

 

3-0 Criterion not met or work is absent.

 

Criteria - Problem 6

 

1. Net dollar sales projection was calculated correctly.

 

Criteria - Problem 11

 

2. Total cost of goods sold was calculated correctly.

 

Criteria - Problem 13

 

3. Cost of goods sold was calculated correctly assuming LIFO inventory accounting.

 

4. Cost of goods sold was calculated correctly assuming FIFO inventory accounting.

 

Criteria - Problem 24

 

5. Cash receipts schedule was prepared correctly.

 

6. Cash receipts for November were calculated correctly.

 


Solution details

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(Solution) -Business Fianance FN 3000 Assignments LP3 Assignment: Construct financial forecasts for an organization..zip

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