Assignment:Brief 4: TYVA
Purpose
To assess your ability to:
·
identify the relevant items
that could impact the ending cash balance of a company
·
discuss whether the product
sales mix will significantly impact the companyâs budgeted net income
·
compare budgeted monthly
balance sheets to determine if significant account changes are expected
·
recommend ways a company
can improve its net income
Action Items
1.
Read the Problem 12-36.
2. Download
the5-step
critical-thinking decision-making matrix. by filling all the information required
3. Complete
theP12-36
template worksheet by filling in the
shaded outlined cells; no modificationscan be made to the
worksheet. This information is one source for completing Step 2:
Obtaining Information on the matrix.
4.
Write a one-page analysis.
Your analysis must be written using a concise writing style. Your brief should incorporate
all of following instructions:
a.
An opening paragraph
briefly introducing the case situation.
Note: The
first half of the opening paragraph is to provide a synopsis of the company.
The second half of the opening paragraph is state the problem (From Step 1 of
the matrix).
b. Analysis
header â The analytical section should be based on your personal assessment of
the financial results from the worksheet. Develop your analysis using
percentages and/or relevant dollar totals/balances. This section has the
highest point value and should address the following:
i.
Based on the June cash
budget, what are the relevant items that could impact the ending cash balance?
ii.
Based on the June budgeted
income statement, could the product sales mix (i.e., sandals) significantly
impact the companyâs budgeted net income? Why or why not?
iii.
Compare Mayâs balance sheet
to Juneâs budgeted balance sheet and determine whether or not significant
account changes are expected.
Note: Avoid
the inclusion of calculations and/or explaining computations; instead refer to
Appendix A. Avoid duplicating information within this section. The information
for this section of brief should be derived from Steps 2 and 3 of the matrix.
c.
Conclusion header â This
section should include your opinion based on your analysis of the case
information and situation outcome. Your recommendation should address the
following question and provide only key relevant information and logical
discussion in support of your opinion:
i.
Based solely on the
worksheet information (Appendix A), how can TYVA improve net income? (From
Step 4 of the matrix)
d. APA
citation(s) and reference(s).
9. Attach
the appendices to your paper:
a.
Appendix A containing the
P12-36 worksheet.
b. Appendix
B containing the5-step
critical-thinking decision-making matrix.
c.
Appendix C containing the completedgrading rubricfor the
assignment.