art 1 attached: is in excelData for 3.7Net Income Net Salesa.$5,390 $44,830b. 87,644 398,954c. 93,385 257,082d. 55,234 1,458.999e. 70,158 435, 925Part 2:Case Study | Part 1The Case Study will begin here in Unit 2 and will be completed in Unit 4.For Part 1, you are to complete Problems BTN 1-8 on page 48, and BTN 3-8 on page 155. The company you use must be the same company throughout the case. The BTN 1-8 problem narrative tells you to interview a local business and the BTN 3-8 problem narrative tells you to select a local company to visit in person. The following suggestions are included to help you select your company:1. If you work for a company that is willing to participate, you may use you own company.2. If you do not work, or if your company would not be an appropriate choice in your case, you may choose a local company willing to participate.3. If none of the above is an available option, you may choose to use data from any company you select as long as data is available. For example, you might use the following link to access a variety of companies to choose from: www.investorsguide.com.The first thing to present in the case will be an introduction to the company. For example, what industry, products, services, market, customer base, competitors, etc. Then, complete all 3 required sections for BTN 1-8, and all 5 requirements for BTN 3-8. Include a Conclusion section in your paper to summarize your case.Your paper must be presented in a single Word document. The paper must be between 5 to 7 pages in length, not including the title and reference list pages. The paper must use proper APA Publication Manual, 6th Edition formatting, including title page, Running head, and reference list with properly formatted citations in the body of the paper.BTN 1-8 You are to interview a local business owner. (This can be a friend or relative.) Opening lines of communication with members of the business community can provide personal benefits of business networking. If you do not know the owner, you should call ahead to introduce yourself and explain your position as a student and your assignment requirements. You should request a 30-minute appointment for a face-to-face or phone interview to discuss the form of organization and operations of the business. Be prepared to make a good impression. Required 1. Identify and describe the main operating activities and the form of organization for this business. 2. Determine and explain why the owner(s) chose this particular form of organization. 3. Identify any special advantages and/or disadvantages the owner(s) experiences in operating with this form of business organization.BTN 3-8 Select a company that you can visit in person or interview on the telephone. Call ahead to the company to arrange a time when you can interview an employee (preferably an accountant) who helps prepare the annual financial statements. Inquire about the following aspects of its accounting cycle: 1. Does the company prepare interim financial statements? What time period(s) is used for interim statements? 2. Does the company use the cash or accrual basis of accounting? 3. Does the company use a work sheet in preparing financial statements? Why or why not? 4. Does the company use a spreadsheet program? If so, which software program is used? 5. How long does it take after the end of its reporting period to complete annual statements?
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