Category: Accounting homework help

 The deliverable for this step is:
Identify economic questions that firms must address.,
Evaluate decision making, centered around the VBM, within a chosen industry. Prepare a problem statement within your specific industry.
In Week 1, we reviewed industrial organization, or market structure, which is the primary economic tool for industry analysis. It provides a framework for relating profitability to demand, level of competition, and firm behavior. Using the economic theory of market structure, identify a component of the market that is a threat to the health of the organization you are looking at.
Organizations face a multitude of challenges. You will find it helpful if you take one challenge and focus on it. For example, is it shifting demand? Or perhaps a new technology that is disruptive and changes the company’s cost structure? Another might be some legislation making its way through Congress that affects the organization’s ability to make certain decisions.
The Context of the Problem
For the problem statement, take the position of the person indicated in the problem scenario you have chosen. Place yourself in that person’s shoes. Given that person’s mandate, whether it be to increase share price, stabilize market share, increase cash flow, or any other goal, how would this leader perceive this challenge? Furthermore, how would a virtuous leader respond to the challenge? For example, the VBL approach talks about framing. How do you frame the problem statement so that it is ethically, as well as strategically, solid?
Investigating the Problem
The more specific the problem statement is, the easier it is to address it. In fact, half the battle is articulating the problem in a short statement. Express it as an “elevator speech,” that is, imagine you meet someone in an elevator and you have 60 seconds to explain your thought before the person reaches their floor. Often, simply thinking about how to put the problem succinctly in words suggest possible avenues for addressing it.

 After reading the material for this discussion on the degrees of competition, what are some of the major components in an analysis of the market structure a particular agricultural market is in? How does market structure affect the types of decisions a virtuous manager makes? How might these components be similar or different from the industry you currently work for or are familiar with?
After you answer the questions on your own, find a generative artificial intelligence program online and input this query, “What are some of the major components in an analysis of the market structure the [INSERT MARKET] market is in? How does market structure affect the types of decisions a virtuous manager makes?”
Some of the better known AI platforms are Viso Suite, ChatGPT, Jupyter Notebooks, and Google Cloud AI. Or you could submit your own Google search for an alternative AI platform.

How to cite AI(new tab) with The American Psychological Association
McAdoo, T. (2024, February 23). How to cite ChatGPT. APA Style Blog. https://apastyle.apa.org/blog/how-to-cite-chatgpt.

How to cite AI(new tab) with Purdue University
Purdue University Libraries and School of Information Studies. (nd). How to Cite AI-Generated Content. LibGuide. https://guides.lib.purdue.edu/c.php?g=1371380&p=10135074.

Scan how the AI’s response is similar or different from your own response. Were you surprised by anything in the AI generated response?

 After reading the material for this discussion on the degrees of competition, what are some of the major components in an analysis of the market structure a particular agricultural market is in? How does market structure affect the types of decisions a virtuous manager makes? How might these components be similar or different from the industry you currently work for or are familiar with?
After you answer the questions on your own, find a generative artificial intelligence program online and input this query, “What are some of the major components in an analysis of the market structure the [INSERT MARKET] market is in? How does market structure affect the types of decisions a virtuous manager makes?”
Some of the better known AI platforms are Viso Suite, ChatGPT, Jupyter Notebooks, and Google Cloud AI. Or you could submit your own Google search for an alternative AI platform.

How to cite AI(new tab) with The American Psychological Association
McAdoo, T. (2024, February 23). How to cite ChatGPT. APA Style Blog. https://apastyle.apa.org/blog/how-to-cite-chatgpt.

How to cite AI(new tab) with Purdue University
Purdue University Libraries and School of Information Studies. (nd). How to Cite AI-Generated Content. LibGuide. https://guides.lib.purdue.edu/c.php?g=1371380&p=10135074.

Scan how the AI’s response is similar or different from your own response. Were you surprised by anything in the AI generated response?

 
Locate the paragraphs you wrote for the earlier assessments.
Scenario: Your chosen organization has determined that its mission statement needs to be updated accurately to reflect its strategy for the upcoming year, so you are forming a small team to work through this problem. Which functions do you want to select team members from? Why? What ethical principles does your team need to consider when making updates to a mission statement? Finally, what critical thinking questions does your team need to ask to update the mission statement? (Note: You will not be creating a new mission statement for this assessment.)
 
Step 1: Download and save Assessment 4 Template [DOCX]. uploaded below
Step 2: Copy your paragraphs from Assessments 2 and 3 directly into the template.
Step 3: Write two paragraphs (additional paragraphs can be created as needed).

In the first paragraph, address which functions you want to select team members from to develop a new mission statement.

Why?
What skills and characteristics make a good team member?

In the next paragraph, what ethical principles does your team need to consider when making updates to a mission statement?

Also include what critical thinking questions your team needs to have answered to update the mission statement.

Step 5: Add an introduction paragraph.
Step 6: Add a conclusion paragraph.
Step 7: Include all reference list citations and in-text citations.
 
Your assessment should also meet the following requirements:

Font and font size: Times New Roman, not larger than 12-point font.

Organization: Your writing should be well-organized and written in clear, succinct language.

Template: Use the Assessment 4 Template [DOCX] to help you organize your paper.

Grammar: Your work should be free of grammar and punctuation errors that would distract the reader’s understanding of the content.

Length: 4–6 paragraphs, in addition to references, plus prior work from Assessments 2 and 3.
Resource

 
Locate the paragraphs you wrote for the earlier assessments.
Scenario: Your chosen organization has determined that its mission statement needs to be updated accurately to reflect its strategy for the upcoming year, so you are forming a small team to work through this problem. Which functions do you want to select team members from? Why? What ethical principles does your team need to consider when making updates to a mission statement? Finally, what critical thinking questions does your team need to ask to update the mission statement? (Note: You will not be creating a new mission statement for this assessment.)
 
Step 1: Download and save Assessment 4 Template [DOCX]. uploaded below
Step 2: Copy your paragraphs from Assessments 2 and 3 directly into the template.
Step 3: Write two paragraphs (additional paragraphs can be created as needed).

In the first paragraph, address which functions you want to select team members from to develop a new mission statement.

Why?
What skills and characteristics make a good team member?

In the next paragraph, what ethical principles does your team need to consider when making updates to a mission statement?

Also include what critical thinking questions your team needs to have answered to update the mission statement.

Step 5: Add an introduction paragraph.
Step 6: Add a conclusion paragraph.
Step 7: Include all reference list citations and in-text citations.
 
Your assessment should also meet the following requirements:

Font and font size: Times New Roman, not larger than 12-point font.

Organization: Your writing should be well-organized and written in clear, succinct language.

Template: Use the Assessment 4 Template [DOCX] to help you organize your paper.

Grammar: Your work should be free of grammar and punctuation errors that would distract the reader’s understanding of the content.

Length: 4–6 paragraphs, in addition to references, plus prior work from Assessments 2 and 3.
Resource

Participation  will consist of locating, submitting and commenting on current articles  related to real estate. Links to these articles are to be posted to  Article Participation under the Discussion Board. Do not post the  article itself, just its link. You are to read these articles and then  post your comments/thoughts about the article. When submitting an  article, YOU MUST begin your comment with the phrase “What I found  interesting about this article is…” If this is not the first sentence  in your comment, no credit will be given.DO NOT submit a summary of the  article. Summaries will not receive any credit. I am looking for your  comments / thoughts about the article. These articles must be current  and pertain to any aspect of real estate, or anything that impacts real  estate. These articles can be found online, in publications or any other  source you may uncover. To receive credit, comments must be  substantive, meaning not just a quick line or two. I am looking for at  least four (4) lines of meaningful, thoughtful commentary. Now, how many  articles do you need to submit in order to earn the full 10  participation points? two articles. 
DO NOT use the following articles: 
1. https://doi.org/10.1108/jpif-06-2023-0053 
2. https://doi.org/10.1080/02723638.2018.1524653 
3. https://research.skylineuniversity.ac.ae/id/eprint/34/ 
4. https://www.sciencedirect.com/science/article/pii/S2199853123001786 
5. https://doi.org/10.1186/s41937-023-00111-0 
6. https://doi.org/10.3390/land12040740 
7. https://academic.oup.com/rfs/article/34/8/3572/6187963 
8.  https://www.cnbc.com/2022/12/15/americans-say-real-estate-is-best-way-to-build-wealth.html
9. https://doi.org/10.1016/j.frl.2023.104299 
10. https://doi.org/10.1016/j.jbankfin.2023.106940 
11. https://www.imf.org/en/News/Articles/2024/02/02/cf-chinas-real-estate-sector-managing-the-medium-term-slowdown   
12. https://hbr.org/2024/07/u-s-commercial-real-estate-is-headed-toward-a-crisis 
13. https://www.nbcnews.com/business/real-estate/mortgage-refinance-demand-jumps-2-year-high-interest-rates-drop-rcna162390 
14. https://www.cnbc.com/2024/03/01/uk-europe-real-estate-to-surge-as-buyers-eye-investment-opportunities.html   

Participation  will consist of locating, submitting and commenting on current articles  related to real estate. Links to these articles are to be posted to  Article Participation under the Discussion Board. Do not post the  article itself, just its link. You are to read these articles and then  post your comments/thoughts about the article. When submitting an  article, YOU MUST begin your comment with the phrase “What I found  interesting about this article is…” If this is not the first sentence  in your comment, no credit will be given.DO NOT submit a summary of the  article. Summaries will not receive any credit. I am looking for your  comments / thoughts about the article. These articles must be current  and pertain to any aspect of real estate, or anything that impacts real  estate. These articles can be found online, in publications or any other  source you may uncover. To receive credit, comments must be  substantive, meaning not just a quick line or two. I am looking for at  least four (4) lines of meaningful, thoughtful commentary. Now, how many  articles do you need to submit in order to earn the full 10  participation points? two articles. 
DO NOT use the following articles: 
1. https://doi.org/10.1108/jpif-06-2023-0053 
2. https://doi.org/10.1080/02723638.2018.1524653 
3. https://research.skylineuniversity.ac.ae/id/eprint/34/ 
4. https://www.sciencedirect.com/science/article/pii/S2199853123001786 
5. https://doi.org/10.1186/s41937-023-00111-0 
6. https://doi.org/10.3390/land12040740 
7. https://academic.oup.com/rfs/article/34/8/3572/6187963 
8.  https://www.cnbc.com/2022/12/15/americans-say-real-estate-is-best-way-to-build-wealth.html
9. https://doi.org/10.1016/j.frl.2023.104299 
10. https://doi.org/10.1016/j.jbankfin.2023.106940 
11. https://www.imf.org/en/News/Articles/2024/02/02/cf-chinas-real-estate-sector-managing-the-medium-term-slowdown   
12. https://hbr.org/2024/07/u-s-commercial-real-estate-is-headed-toward-a-crisis 
13. https://www.nbcnews.com/business/real-estate/mortgage-refinance-demand-jumps-2-year-high-interest-rates-drop-rcna162390 
14. https://www.cnbc.com/2024/03/01/uk-europe-real-estate-to-surge-as-buyers-eye-investment-opportunities.html   

Review your work (as an accountant) journal entries. Instruction is in the file.
With APA 7th edition references and no plagiarism.

Review your work (as an accountant) journal entries. Instruction is in the file.
With APA 7th edition references and no plagiarism.

 
Classification of Cryptocurrency Holdings Software Provider (the “Company”) supports and sells computer software. The Company accepts cryptocurrencies (e.g., Bitcoin, Ether, Ripple) as payment for the sale of its computer software. The Company holds its cryptocurrencies partially for investment (e.g., expectation that they will appreciate in value) and partially to use in the future to purchase goods or services.
Cryptocurrency is a new type of value and payment method that is different from fiat currency (e.g., U.S. dollars and foreign currencies). Presently, cryptocurrencies have no government backing or recognition by a central authority as legal tender. Their value is only supported by supply and demand.
Cryptocurrencies do not have a physical form but exist as immutable distributed ledgers (electronic records) maintained on public blockchains. They are different than electronic instances of cash, such as an online bank account, in that they are not linked to a physical currency.
Bitcoin and other similar “coins” use cryptography (e.g., use of codes to secure communications) to control the security and creation of these coins, which led to the term “cryptocurrencies.” There are other crypto-assets that are not cryptocurrencies, such as tokens. It is important to distinguish between cryptocurrencies and tokens.

Cryptocurrency is a unit of value that is native to a blockchain. It is a means of exchange within the blockchain to incentivize the network of participants to use the blockchain. The sole purpose of a cryptocurrency is for exchange of value, and it has limited functionality beyond that.
A token is a piece of business logic (i.e., “smart contract”) coded into an existing blockchain. A token can have a functionality beyond an exchange of value — it can represent any asset or functionality desired by the developer for use on a platform. Tokens may be an interest in an entity (e.g., security token), an interest in a specific asset (asset token), or a right to a future product or service (utility token).
Cryptocurrencies are usually obtained by purchasing or receiving them on a peer-to-peer basis. That is, they can be received directly from a counterparty in exchange for an asset or service or they can be purchased in exchange for a fiat currency, often from an exchange that specializes in cryptocurrencies.
For a cryptocurrency to function as a means of peer-to-peer exchange, a ledger needs to be maintained for tracking ownership of the cryptocurrency. For cryptocurrencies, this electronic ledger is maintained using blockchain. There are many copies of this ledger and many ledger keepers. Distributing the processing allows many users to each play a small part in the maintenance of the ledger system; this means that the security of the system does not rely on a few individuals. 
The amount of coins for a particular cryptocurrency that are in circulation is tightly controlled. For example, for Bitcoin there is a limit on the number of coins that can exist. New Bitcoins are only created as payment to processors (called “miners”) for providing the service of validating and distributing an electronic ledger of these transactions to those involved in maintaining the blockchain.
Required: Use the FASB ASC to answer the following questions. 
The current guidance in the FASB ASC (U.S. GAAP) does not directly address accounting for cryptocurrencies.  Assume the lack of guidance is not an oversight and you must select an asset category in which to report the corporation’s cryptocurrency holdings. How should the Company’s holdings of cryptocurrency be classified on the Balance Sheet under U.S. GAAP?
How did you derive your conclusion to question #1?
Would there be any exceptions to the asset category you selected?