Foundations of Business: Chapter 11 Quiz
Take the Chapter 11 Quiz Watch Henny Penny tour.
Take the Chapter 11 Quiz Watch Henny Penny tour.
Read Exploring Business – Chapter 12.1. Watch this intro to accounting video and this video on financial vs. managerial accounting. Complete The Role of Accounting worksheet. Learning Targets: I can define accounting and explain the differences between managerial accounting and financial accounting. I can identify some of the users of accounting information and explain how they use it.
Read the introduction to Chapter 12: The Role of Accounting in Business.
Read Exploring Business – Chapter 12.2. Watch How to Analyze an Income Statement Like a Hedge Fund Analyst. Learning Target: I can accurately analyze a company’s income statement.
Continue studying Exploring Business – Chapter 12.2. Watch How To Analyze a Balance Sheet. Complete the Statement of Owner’s Equity and Balance Sheet assignment. Play Kahoot! to review. Learning Target: I can analyze a Balance Sheet.
Go over Building Cr edit from Scratch worksheet. Play Kahoot! to review Unit 4: Types of Credit and Unit 5: Managing Credit. Quiz tomorrow!
Continue studying Exploring Business – Chapter 12.2. Complete Statement of Owner’s Equity and Balance Sheet assignment. Play Kahoot! to review. Learning Targets: I can create a Statement of Owner’s Equity. I can discuss the accounting formula (Assets = Liabilities + Owner’s Equity).
Read Exploring Business – Chapter 12.3. Watch Cash vs. Accrual Accounting video. Watch the Statement of Cash Flows video. Complete the Accrual vs. Cash Accounting worksheet. Learning Targets: I can differentiate between Cash and Accrual accounting methods. I can analyze a Statement of Cash Flows.
Read Exploring Business – Chapter 12.4. Watch video on Ratio Analysis. Complete the Ratio Analysis assignment. Learning Targets: I can calculate profit margin ratios, return on assets, inventory turnover ratio, current ratio, and debt-to-equity ratio.
Finish Ratio Analysis assignment from Friday. Read Exploring Business – Chapter 12.5. Watch Entry Level Accounting Jobs video. Discuss Sarbanes-Oxley Act. If time remains, watch video on Enron Accounting Scandal and WorldCom Accounting Fraud Explained. Learning Targets: I understand the purpose of the Sarbanes-Oxley Act. I can describe entry-level careers in the accounting field.