New! Google Sheets data analytics case for introductory accounting available – City of Magicville

This new case is designed to be completed using Google Sheets for an introductory financial accounting class. The case can be completed by students using Chromebooks. I am really excited to be able to share this case – it is the second one I have created that uses Google Sheets as the software (see this […]

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What information is provided in Chipotle’s basic financial statements?

Chipotle Mexican Grill, Inc. (NYSE: CGM) is a publicly held corporation with more than $5 billion in assets. To follow are Chipotle’s four basic financial statements for its most recent year, the year ending December 31, 2019.  Please note that all statements have been adapted and condensed for educational use and should not be used […]

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How does Kellogg’s dividend announcement impact its financial statements?

On October 23, 2020, the Kellogg Company (brands include Kellogg’s, Pringles, Eggo, Cheez-It, and many others) made the following dividend announcement: Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of the Company, payable on December 15, 2020, to shareowners of record […]

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New! Google Sheets data analytics case for introductory financial accounting available – Kent Cabinet Hardware

This new case is designed to be completed using Google Sheets. The case can be completed by students using Chromebooks. I am really excited to be able to share this case – it is the first one I have created that uses Google Sheets as the software. Read on for details…. Data set background This […]

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What are the relevant costs for AMC’s decision to offer to rent its theatres for $99?

The pandemic has greatly impacted movie theater operations. Some theater locations have been forced to close. Major film releases have been delayed or moved to a streaming platform. Moviegoers have been reluctant to share indoor space with strangers. All those factors have contributed to a challenging year for movie theaters. In response to the pandemic, […]

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How would the length of the Bespoken Spirits operating cycle compare to the length of the Jack Daniel Distillery operating cycle?

Whiskey is an alcoholic beverage that takes, on average, three to fifteen years to mature before it is ready for consumption. Typically, whiskey matures in oak barrels – that process helps to give each whiskey type its unique aroma, color, and taste. The Jack Daniel Distillery, for example, ages its Jack Daniel’s whiskeys in oak […]

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AICPA webinar on how to introduce data analytics in your course when your students have Chromebooks

Join Kimberly Swanson Church, PhD, Missouri State University, and me as we walk through how to introduce data analytics in your introductory accounting courses using Google Sheets in an AICPA webinar on Wednesday, November 4, 2020, from 4 – 5 pm Eastern. The discussion will include what data analytics is, the impact of analytics on […]

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How will the change in Chipotle’s sales mix due to the pandemic impact Chipotle’s profits?

Digital sales for Chipotle Mexican Grill Inc. (NYSE: CMG) grew 216.3% in the second quarter of 2020, accounting for 60.7% of sales for the quarter, as the effect of the pandemic for the entire quarter sent customers to online options rather than dining in. Many digital customers opted for delivery, viewing it as a safer […]

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Does GM have a contingent liability for its 2015 – 2019 Chevrolet Corvettes?

Recently, a class action lawsuit was filed against General Motors (GM) accuses GM of using inferior materials and a faulty manufacturing process that resulted in poor quality wheels on its 2015 – 2019 Chevrolet Corvette sport cars. The 18 parties who filed the lawsuit state that wheels on their Corvettes have bent or cracked even […]

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New webinars added for the next two weeks

We have just scheduled another series of webinars for the next two weeks to help with converting to remote teaching (Tracie Miller-Nobles, Jennifer Cainas, and me.) Most of these webinars are just 30 minutes. Go ahead and register even if you have a time conflict; we will be emailing out links to the recordings and […]

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