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In order to write this paper, read the article from the Issues in Accounting Education by Baily and Samuels provided to you as the primary reading for the Research Paper and find other relevant articles about two investment opportunities in cupcake businesses and write a paper so that you can identify and discuss the following issues:
1. How many companies exist? Will separate financial records be kept for each company or will the records be combined into one set of financial records? 2. Who owns the company or companies? 3. In what unit of currency should the financial statements be prepared? U.S. Dollars? Euros? 4. You live in the U.S. but the businesses are located in France. Which ‘‘accounting rules’’ would most likely be used? International Financial Reporting Standards (IFRS) or U.S. Generally Accepted Accounting Principles (GAAP)? 5. What should be considered when deciding who ‘‘did better’’? a. Since Jacques received more cash from customers and has more cash in the bank, does that indicate he did better than Gilles? b. How much revenue should each company report for 2018? c. Does the fact that Gilles may not collect all of the cash owed to him affect his reported revenue? d. How much interest expense should Jacques report for 2018? e. How much rent expense should Gilles report for 2018? f. Each company incurs costs for baking and other supplies. How much should Gilles report for these costs? What about Jacques? g. Are Jacques’ purchases of equipment, a building, furniture, and a delivery van reported as expenses in 2018? h. Is the dividend check for €5,000 that Jacques paid to you reported as an expense?
i. If one company reports more profit before tax than another, does that mean it did better? 6. How can ratio analyses help determine which company did better Length: Minimum of 6 pages (app. 350 words per page in an APA format apart from the title, abstract, and reference pages)
Layout:
1. The paper should have a title that relates to your paper; do not title it as “Paper 1”; be creative. The title should be between 10-12 words.
2. The paper should have an abstract of not more than 150 words, which provides a high-level summary of the paper (write this at the end). 3. The paper should have an introduction section of about half a page in which you will provide a general overview of the issues. You may start by saying, “I have described, in this paper, the basis for deciding on investment opportunities….
4. The paper will have a literature review section. This is the critical analysis and synthesis of the Internet sources that you have used to write this paper. The most important will be the primary reading provided to you, the other resources the paper suggests, and other authoritative sources you have identified related to the issues. You may use the textbook as a reference. Find another three authoritative sources apart from the primary reading and the textbook. This section is typically two pages long. Each source needs to be reviewed in about half a page. Do not just give a summary; synthesize the ideas. No bullet points, please.
5. The paper will have a discussion/findings section. This is where you will address the triggers. Typically, this section will be about 3-4 pages, excluding the tables, if any.
6. The paper will have a recommendation and a conclusion section. You need to build your recommendation from the discussion section and provide recommendations. A paragraph will be fine for the recommendation. The conclusion paragraph needs to tie back to your introduction, literature review, discussion, and recommendations. Essentially, this part should be what you learned from the readings and writing this paper, tied to the learning outcomes. It should also include your final decision in no uncertain terms.
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NB: We do not sell prewritten papers. All essays are written from scratch according to specific needs and instructions