see the attachments (4 different assignments)

Strategic Financial and Accounting Management

Part 1: Working Capital Assignment

Assume that you recently accepted a position with Five Star National Bank & Trust as an assistant loan officer. As one of your first duties, you have been assigned the responsibility of evaluating a loan request for $300,000 from West Gate Auto Co., a small corporation. In support of the loan application, Joan Whalen, owner, submitted a Statement of Accounts (trial balance) for the first year of operations that ended October 31,2023.

West Gate Auto co statement October 31, 20y3

Cash 5k

Billings due 40k

Supplies 7,500

Building 222,300

Equipment 50k

Amount owed 31k

Investment in business 179k

Service Revenue 215k

Wage revenue 75k

Utilities 10k

Rent 8k

Insurance 6k

Other expense 1,200

425k 425k

1. Explain to Joan Whalen why a set of financial statements (income statement, statement of stockholders’ equity, and balance sheet) would be useful to you in evaluating the loan request.

2. In discussing the Statement of Accounts with Joan Whalen, you discovered that the accounts had not been adjusted on October 31. Analyze the Statement of Accounts and indicate possible adjusting entries that might be necessary before an accurate set of financial statements could be prepared.

3. Assuming that an accurate set of financial statements will be submitted by Joan Whalen in a few days, what other considerations or information would you require before making a decision on the loan request?

This portion of your paper must be at least two full pages in length. Adhere to APA Style when creating citations and references for this assignment.

Part 2:

Select a public company that interests you. Obtain the company’s most recent annual report on Form 10-K. The Form 10-K is a company’s annually required filing with the Securities and Exchange Commission (SEC). It includes the company’s financial statements and accompanying notes. The Form 10-K can be obtained either (a) from the investor relations section of the company's website or (b) by using the company search feature of the SECs EDGAR database service.

1. Based on the information in the company’s most recent annual report, answer the following questions:

2. Give a brief overview of the company you chose, and why it interests you.

3. Describe the adjusting process for this business.

4. Explain how much cash the company has at the end of the most recent year.

5. What percentage of total current assets is cash during the most recent two years presented? Has this percentage increased, decreased, or remained the same during this period?

6. Review Management's Annual Report on Internal Control Over Financial Reporting. Based on this information, answer the following questions:

7. Illustrate the reporting of cash and cash equivalents in the financial statements.

8. Who has responsibility for establishing and maintaining adequate internal controls over a company’s financial reporting?

9. How is internal control over financial reporting defined in this report?

10. What is material weakness? 

11. Were any material weakness identified?

This portion of your paper must be at least four full pages in length excluding the title page and references. Adhere to APA Style when creating citations and references for this assignment. 

When submitting your assignment combine both parts of your assignment and upload it to Blackboard.