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To Describe Major Aspects of Financial Merchandise Planning and Management To Explain the cost and retail methods of Accounting To Examine alternative methods of Inventory Control To Integrate Dollar and Unit Merchandising Control Concepts
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Where we've been. Basic Skills:(Time value of money, Financial Statements) Investments: (Stocks, Bonds, Risk and Return) Corporate Finance: (The Investment Decision- Capital Budgeting)
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Income statement SALES EXPENSES PROFIT
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Goal of the Firm 1) Profit Maximization? this goal ignores: a) TIMING of Returns (Time Value of Money Ch. 5) b) UNCERTAINTY of Returns (Risk- Ch. 6)
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ECNOMICS Openness of Different Economies, 1997
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Bond Characteristics reading the financial pages Bond Prices and Yields Bond prices and interest rates YTM vs. current yield Rate of Return Interest Rate Risk The Yield Curve Nominal and Real Rates of Interest Default Risk
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ask Team of FUNDAMENTAL aCcoUnting School of Business Sun Yat-sen Universit Lesson 10 Understanding and Using financial Statements What type of analysis is indicated by the following? Percent Current assets
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Task Team of FUNDAMENTAL ACCOUntING Lesson 4 Adjusting Accounts for Financial Statement Exercise David Company has the following information at the year-end for the preparation of adjusting Of the $10000 balance in unearned revenue. $7000 has been earned
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Task Team of FUNDAMENTAL ACCOUntING hool of Business, Sun Y at-sen University Lesson 4 Adjusting Accounts for Financial Statement Self-Test Answer the following questions 1. what is an accrued revenue? Give an example 2. what is the difference between the cash basis and accrual basis of
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Topic 1: What is Corporate Finance?(cont 1 2 Financing Decisions In the previous section the focus was on investment decisions. It was assumed throughout that the firm was financed with equity. In this section we discuss financing decisions. As a prelude to this we will briefly discuss the notion of efficient
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