Accounting Assignment Restated Financial Statements - 2 days DUE

Estimated Time required 680-780 Minutes. Step 1: Analysing Financial Statements by reading chapter 4 and giving your own opinion on the chapter. Letting the lecturer know what the author is trying to say and your feeling of the key ideas and concepts being discussed. There is NO NEED to summarise the readings and this will be shown in the criteria sheet. Step 2: Restating Your firms financial Statements Go to the Restated Financial statements tab in your firms spreadsheet. You will need to make sure you restate your firm's financial statements for the most recent 4 years. You need to restate the firms financial statements based on material covered in chapter 4. Include in your assignment a brief commentary on any issues or concerns you had in restating your firm's financial statements and the results of your discussions with other students. Also submit online your firm's spreadsheet with your restated financial statements included. Step 3: We have got to make some decisions Identify five products or services of your firm. For each product or service of your firm, estimate its selling price, variable cost and contribution margin. Discuss why the contribution margins for each of your firm's five products or services might differ or be similar. Why might your firm produce a range of products or services with different contribution margins? Identify one or more resource constraints your firm may face, and also perhaps any market constraints you feel may impinge on your firm. In what ways might these constraints be relevant when deciding whether or not and how much of the five products or services of your firm that you hvae identified, your firm should produce and sell? Please submit step 3 as a word document. Please you must be LEGITIMATE and do it ASAP thanks~