This guide is for ACCT 618 Week 3 Lesson Problem 1, start to submission. Answer the assigned questions from the Bittker and Eustice study problems on the week's chapters.
ACCT 618 is Advanced Topics in Corporate Taxation, 3 credit hours, in Liberty University's MS in Accounting. Canvas and the course guide file print the code as ACCT618; it is the same course.
| Course | ACCT 618 Advanced Topics in Corporate Taxation |
|---|---|
| Module/Week | 3 |
| Points | 150 points |
| Length | Not set in the guide; answer each assigned question |
| Sources | The Code and Bittker and Eustice |
| Faith integration | Not required by the guide |
| Format | As instructed in the course |
What ACCT 618 Week 3 Lesson Problem 1 asks for
You answer various questions from the study problems book. Lesson Problem 1 is due in Module/Week 3 with Bittker and Eustice chapters 5 and 6. Each lesson problem is worth 150 points.
Where it fits in ACCT 618
In the published schedule, Lesson Problem 1 is one of 8 graded written assignments in ACCT 618. It follows Week 2 Discussion Board Forum 1 and comes before Week 4 Lesson Problem 2.
How ACCT 618 Week 3 Lesson Problem 1 is graded
Liberty grades Lesson Problem 1 with the rubric attached to the assignment in Canvas, worth 150 points in the published guide. That is about 15% of the course's 1,010 points. Read the rubric first. Each row is a criterion, and the wording of the highest column is the closest thing you have to a model answer.
Course grades in ACCT 618 use Liberty's point scale: an A is 940 to 1010 points of the course total. Missing the length or source minimum usually costs points on several rows at once, which is why the checklist below starts with them.
Timing in the published guide: Each course module/week begins on Monday morning at 12:00 a.m. (ET) and ends on Sunday night at 11:59 p.m. (ET). The final module/week ends at 11:59 p.m. (ET) on Friday. Check the due dates in your Canvas section, which govern.
The ACCT 618 Week 3 method, step by step
Set up the data before the write-up
Do the calculations first and check them. Interpretation built on a wrong figure loses more points than a missing paragraph.
Show the method
Say which method, formula or test you used and why it fits the question. Graders want to see that the choice was deliberate.
Report the results plainly
Report each result with its value and what it measures. Tables and figures help when they are labeled and referred to in the text.
Interpret in the context of the question
Explain what the results mean for the decision or question in ACCT 618, in plain terms. The interpretation is where the analysis points are earned.
Name the limits
State what the analysis cannot tell you: assumptions, data limits, or what would change the answer.
Submit the files the guide asks for
Submit every file requested and check that formulas, output and the write-up agree (Not set in the guide; answer each assigned question).
Treat each question as a mini-memo: the answer in one sentence, the controlling section, the numbers, and the reasoning. For distributions, compute earnings and profits before deciding how much is a dividend, since that order decides the answer.
A structure for ACCT 618 Week 3 Lesson Problem 1
Word targets are planning numbers for about 1,000 words of body text, set by the length in the guide; the rubric decides where to spend more.
| Section | What it must do | Target |
|---|---|---|
| Question restated | What is asked. | ~140 words |
| Answer | The short answer. | ~180 words |
| Authority | Code sections and treatise discussion. | ~400 words |
| Computation | Numbers where needed. | ~280 words |
A topic angle that works
Chapters 5 and 6 cover capital structure and corporate distributions. Answer each question with the Code section first, then the computation, then a sentence on why.
Model paragraph with notes
An original paragraph written by our desk to show the register that earns full rubric credit. It is study material: learn the moves, then write your own.
Question 4: the corporation distributes $100,000 when it has current earnings and profits of $60,000 and no accumulated E&P. Under Section 316, $60,000 is a dividend; under Section 301(c)(2), the next $40,000 reduces the shareholder's stock basis, and any excess over basis is capital gain under Section 301(c)(3).1
- Applies the ordering rules.
- Cites each section.
- Clear numbers.
Mistakes that cost points on ACCT 618 Week 3
- Treating the whole distribution as a dividend.
- No authority.
- Skipping E&P.
Checklist before you submit
- Length: Not set in the guide; answer each assigned question
- Sources: The Code and Bittker and Eustice
- Calculations checked and output saved
- Every table and figure referred to in the text
- Each rubric row read against the section that answers it
Questions students ask
How many lesson problems are in ACCT 618?
Five, one each week from Week 3 to Week 7.
How many points is ACCT 618 Week 3 Lesson Problem 1 worth?
150 points in Liberty's published course guide for ACCT 618, out of a course total of 1,010 points (about 15% of the grade). The rubric attached to the assignment in Canvas shows how those points are divided.
Is ACCT 618 Week 3 the same in every section of ACCT 618?
This guide follows Liberty's published course guide for ACCT 618. Liberty notes that course content can change from term to term, so if your Canvas section shows different instructions, a different week or different points, follow Canvas and your instructor.
Want a tutor to look at your draft?
Send the instructions and what you have so far. A Liberty tutor replies with what to fix first, usually within the hour.