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For this blog post, you will need the Win Ballada Answer Key.rar file. You can download it here: http://www.dropbox.com/s/2kqnkt4olx91bhd/Basic%20Accounting%20Practice%20Set%20Win%20Ballada%201062016-answerkey-v1.docx?dl=0 You can also find this answer key under Document Versions on the right side of the screen in Google Drive with an orange icon next to it with a green arrow pointing up (the newest version). https://docs.google. com/document/d/1iVA5ybAdgyyQN2yRn4x1KJ-rjTIy_fOyMhQxAqBqM/edit?usp=sharing This answer key is accurate to an extent, however, I have verified the answers with the syllabus and Win Ballada 1.0616 to double check. I have also added comments as I went along. Just a note about the answer key. It is not my work. All i did is clean up the document with some comments and check my answers off with a highlighter. This set is for Chapter 7, 8, and 9. I will not do Chapter 10 since it would require me to enter data from a database which I do not have access to at this moment. I have also created a spreadsheet for this with all the problems listed in it, with some editing. You can download that here: https://docs.google. com/spreadsheets/d/1azTu2ftUcNp97W_i-Gg0-e4HHkDnrs1l7fRzis3uAYI/edit?usp=sharing If you know of any problems with my answer key, please comment on this post. I am also working on the rest of the end of each chapter. If there are any mistakes in it, please let me know. Here is the list of the problems in the spreadsheet. Chapter 7: The use of accounting information in analyzing financial condition and performance. The creation of ledgers in relation to financial statements. Analysis of financial statements in relation to investing, financing, managing risk and cost. Review of concepts including balance sheet, income statement, cash flow statement, statement of changes in equity and comments on their relationship with one another. Chapter 8: Financial management strategies used in managerial decision making. Goals setting before an investment decision is made including asset allocation and its relationship with the three major macrotrends (value investors, growth investors and small-cap investors). cfa1e77820
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