Fnt1

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Fnt1

Category : Articles

Evaluation Summary for Bus. Appl. for Fin., Acc. & IT: 319.1.2-04, 2.1-01-03 (2008)
Final Score: | 2.80 (out of 4) See Calculation |
Overall comments: | The student continues to make progress, however, further revisions are required. Please be sure to revise ALL ratio calculations prior to resubmission. Also, please see the comments provided below for more details on the remaining revisions. |
Detailed Results (Rubric used: FNT1 – 319.1.2-04, 2.1-01-03)
Articulation of Response (clarity, organization, word usage, ease of understandability)?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
There is no evidence of response to the prompts.?  | The articulation of the response is weak.?  | The articulation of the response is adequate.?  | The articulation of the response is skillful.?  |
Criterion Score: 3.00 |
Accuracy of Mechanics (grammar, punctuation, spelling)?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The work includes several major errors that disrupt the meaning or flow of the response.?  | The work includes a few major errors and/or many minor errors that interfere with the clarity of the response.?  | The work includes a few minor errors but no readily detectable major errors.?  | The work includes no readily detectable major or minor errors.?  |
Criterion Score: 3.00 |
A. Ratio Calculations?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The candidate accurately calculates 0??“8 of the indicated ratios for Year 11. ?  | The candidate accurately calculates 9-12 of the indicated ratios for Year 11.?  | Not applicable.?  | The candidate accurately calculates all 13 of the indicated ratios for Year 11.?  |
Criterion Score: 2.00 Comments on this criterion: Some progress has been made, however, the following ratios are still incorrect:

Days Sales in receivables 11.2 – The formula used to calculate this method is incorrect. Please revise both the numerator and the denominator.

Earnings per share of common stock $0.170 – The denominator is incorrect.
Price earnings ratio 30.84 – The denominator is incorrect (due to the errors in the EPS ratio).
Book value per share of common stock 0.92 – The denominator is incorrect.

Please review the change in the number of stock outstanding from year 10 to year 11. Also, please review the given case information for any data that will affect the ratios. |
B. Horizontal Analysis of Income Statements?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The candidate does not complete a horizontal analysis of the income statements using the attached spreadsheet. ?  | The candidate completes a horizontal analysis of the income statements using the attached spreadsheet with more than 2 errors.?  | The candidate completes a horizontal analysis of the income statements using the attached spreadsheet with 1??“2 errors.?  | The candidate completes a horizontal analysis of the income statements using the attached spreadsheet with no errors.?  |
Criterion Score: 4.00 |
C. Horizontal Analysis of Balance Sheets?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The candidate does not complete a horizontal analysis of the balance sheets using the attached spreadsheet. ?  | The candidate completes a horizontal analysis of the balance sheets using the attached spreadsheet with more than 2 errors.?  | The candidate completes a horizontal analysis of the balance sheets using the attached spreadsheet with 1??“2 errors.?  | The candidate completes a horizontal analysis of the balance sheets using the attached spreadsheet with no errors.?  |
Criterion Score: 4.00 |
D1. Indications?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The candidate provides a logical explanation for 0??“8 of the ratios and trends whether the ratio or trend indicates a strength, weakness, or satisfactory condition.?  | The candidate provides a logical explanation for 9-12 of the ratios and trends whether the ratio or trend indicates a strength, weakness, or satisfactory condition.?  | Not applicable.?  | The candidate provides a logical explanation for all 13 of the ratios and trends whether the ratio or trend indicates a strength, weakness, or satisfactory condition.?  |
Criterion Score: 2.00 Comments on this criterion: Progress has been made, however, the accounts receivable turnover ratio have been incorrectly identified as no concern in the previous submission and as a strength in this submission. |
D2. Justification?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The candidate provides appropriate justification for the identification of 0??“8 of the ratios and trends as strengths, weaknesses, or satisfactory conditions.?  | The candidate provides appropriate justification for the identification of 9-12 of the ratios and trends as strengths, weaknesses, or satisfactory conditions.?  | Not applicable.?  | The candidate provides appropriate justification for the identification of all 13 of the ratios and trends as strengths, weaknesses, or satisfactory conditions.?  |
Criterion Score: 2.00 Comments on this criterion: Please update the justifications to reflect the changes to sections A and D1. |
D3. Industry Comparison?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
The candidate does not evaluate company ratios and trends against ratios and trends for the home center industry.?  | The candidate provides an illogical evaluation of company ratios and trends against ratios and trends for the home center industry.?  | The candidate provides a logical evaluation of company ratios and trends against ratios and trends for the home center industry.?  | The candidate provides a credible and well-supported evaluation of company ratios and trends against ratios and trends for the home center industry.?  |
Criterion Score: 2.00 Comments on this criterion: Please update the industry comparisons for the ratios listed in section A to reflect the new calculations of these ratios. |
E. In-Text Citation and References in APA Format?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
If the candidate cites outside sources, there are several major APA formatting errors in the in-text citations and reference list.?  | If the candidate cites outside sources, there are a few major APA formatting errors and/or many minor errors in the in-text citations and reference list.?  | If the candidate cites outside sources, there are a few minor APA formatting errors but no readily detectable major errors in the in-text citations and reference list.?  | If the candidate cites outside sources, there are no readily detectable major or minor APA formatting errors in the in-text citations and reference list OR the candidate does not use outside sources.?  |
Criterion Score: 4.00 |
Overall Holistic?  |
(1) Unacceptable | (2) Needs Revision | (3) Meets Standard | (4) Exemplary |
Unacceptable?  | Needs Revision?  | Meets Standard?  | Exemplary?  |
Criterion Score: 2.00 Comments on this criterion: Revisions are required. |