Business Finance Homework Help

The Simulation consists of ten (10) Excel worksheets with each simulation worth 87.5 points. All questions are algorithmic, randomly selected, and scrambled, which limits the student’s ability to use unapproved tools to seek out the answers.

The Simulation covers the following chapter topics:

• Merchandising Activities
• Accounting for Merchandise Purchases
• Accounting for Merchandise Sales
• Adjusting and Closing for Merchandisers
• More on Financial Statement Formats
• Inventory Basics
• Inventory Costing under a Perpetual System
• Valuing Inventory at LCM and the Effects of Inventory Errors