Needles/Powers 2002e Principles of Financial Accounting- Internet Research Activities

Needles Accounting Resource Center

Principles of Financial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College


	Internet Research Activities Chapter 5: Merchandising Operations Inventory Instructions: Use one of the following web search engines to search for merchandising businesses. Choose one and prepare a short report that identifies the name of the business, the product(s) it sells, and the type of inventory system it uses. Discuss whether you think the company would use a periodic or perpetual inventory system, and why. Include in the report the company’s sales, cost of goods sold, and gross margin figures. A linked web site is included below as an example. Web Search Engines: 1. Yahoo! 2. Excite 3. Lycos 4. Go.com 5. AltaVista Sample Site: Target Corporation Extended Research Activity Using the web search engines above, find a merchandising company that offers its own line of credit (proprietary credit) and answer the following questions: How much of the company’s total sales revenue is from credit operations? Does the company’s credit operations report revenues from merchant fees? If so, what is the amount? What are merchant fees and why would a company with a proprietary line of credit charge these fees? Either print out your answers for submission or email them to your instructor.





	ACE Practice Tests

	Chapter Summaries

	Check Figures

	Company Links

	Learning Objectives

	Business Readings

	Internet Research Activities

	Toys'R'Us Annual Report Activities

	Fingraph Financial Reporting and Analysis Cases Using CPAnalyst(r)



	SMARTHINKING

	Web Links