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Texas State - ACCT - 1310
SHORT TERMCASHIncrease returnsLiquid'in hand'@bankCURRENT (CA)Financial engineeringDEBTORS/ACCOUNTS RECIEVABLEMoney OwedNOMINALBOOKVALUESTOCK/INVENTORYEQUITIESMARKET+ve OR -ve FUNDSFA RevaluationShare issued > NV =premiumsOWNERS FUNDS (0
Texas State - ACCT - 1310
First 4 chapters(32 questions)-----Glossary from the end of the chapters terms:GAAP: generally accepted accounting principles, the measurement rules used todevelop the information in financial statementsFASB: Financial Accounting Standards Board
Texas State - ACCT - 1310
Accounting Final Review1. Balance Sheet, Income Statement, Cash Flow, Stockholders EquityObjectInventoryCompany pays cash divBuying office suppliesA/PA/RAdvertising expenseBuying a buildingCashDepreciation buildingsAccum dep- buildingsCapital
Texas State - ACCT - 1310
Journal entry to write off a bad account:Dr.Allowance for DoubtfulAccounts.2390crAccountsRecievable2390Calculating Interest:Interest (I) = Principal (P) x Interest Rate (R) x Time (T)*time will (normally) be the number of months/12Receivable Tur
Texas State - ACCT - 1310
Four Basic Financial Statements1. Balance Sheet- reports the amount of assets, liabilities, and se at a point in time2. Income Statement- reports the accountants primary measure of performance of abusiness, revenues less expenses during the accounting
Texas State - ACCT - 1310
Accounting Notesp.85 definitionsSingle-step Income Statement: An IS in which all expenses are added together andsubtracted from all revenues.Multi-step Income Statement: An IS that provides the reader with classifications ofrevenues and expenses as w
Texas State - ACCT - 1310
Accounting Review Test #2Chapter 5: Communicating and Interpreting Accounting InformationCorporate Governance procedures designed to ensure that the company ismanaged in the interests of the shareholders.In an attempt to restore investor confidence, C
Texas State - ACCT - 1310
1. perpetual inventory system: a) maintain detailed records of purchases and sales b)cost of goods sold is determined with each sale. Computers and electronicequipment (bar codes) make it very cost effective.2. periodic inventory systems: a) no detaile
Texas State - ACCT - 1310
Chapter 11. Manufacturing Costs = Direct Materials + Direct Labor +ManufacturingOverhead. Direct Materials = Raw materials that become an integral part of theproduct and that can be conveniently traced directly to it. Direct Labor = Thoselabor costs t
Texas State - ACCT - 1310
ACCT 622 Study GuideBreak Even point: Sales TC = Sales FC VC = 0CONTRIBUTION MARGIN (CM): = Revenue Variable CostsCM/unit = Price/unit VC/unitCM/unit = (Revenue VC (man.; selling; admin)/#units-Maximize CM per unit look for the biggest combination o
Texas State - HIST - 2312
10/02/08Jeffersonianism ContdII. Jefferson as a Lockean Liberal-Jefferson is demystifying government-taking away the arcane facets of government associated with monarchy-government simply an agent created by the people to protect their rights-p345-
Texas State - HIST - 2312
2 October 2009The theory is inevitably:-Statistical-Probabilistic-StochasticDistinguish between the theory and the actual process.Forest: 60/40 dark trees vs. light trees.-Natural selection = discriminate sampling-Drift = indiscriminate.Beat
Texas State - HIST - 2312
10/07/08Jacksonianism: Democracy and OpportunityI. Life (1767-1845)-most simultaneously beloved and hated figure in American politics until FDR-national military hero out of the west-the Age of Jackson is partly an age of conflict and class warfare-
Texas State - HIST - 2312
9 October 2009Brandon: ignore section 4, consequences.HW1: gene freqs are constant over time if:[list]:- Selection = 0- I/e = 0- Mutation =0- Random mating- No driftHW2: gene freqs are constant if:- Same, except #5: populations are infinite. [No
Texas State - HIST - 2312
10/16/08Jacksonian RadicalismI. Jacksonianism and the Working Class: Orestes Brownson: Class Conflict and Christ-radical Jacksonian and first theorist of the working class-The Laboring Classes- 1840-home-grown proto-neo-Marxist-p459- one thing is ce
Texas State - HIST - 2312
10/21/08Slavery and AbolitionismDimensions of slavery-population in the south, 1850- 12 million-1/3 (3.5-4 million) is black-worked mainly in plantations, especially after 1794-invention of the cotton gin-nearly 200 000 work in urban factories-maj
Texas State - HIST - 2312
10/23/08Slavery Defended-Many southerners prior to the 1830s were embarrassed by the institution of slavery-view it as evil-assume it would be eliminated eventually-2 events harden the southern viewpoint on slavery-Nat Turner slave rebellion in 1830
Texas State - HIST - 2312
10/28/08Lincoln and SlaveryI. Mythic Lincoln-the myth of Lincoln pervades public culture-difficult to lecture on Lincoln-2 basic components to the Lincoln myth1. Democratic myth-representative of the people-quintessential American common man-born
Texas State - HIST - 2312
10/30/08Social Darwinism and American CapitalismI. The Economic Transformation of America-after the Civil War, America transforms into a capitalist nature and culture-political thought goes through a colossal flip-flop, producing many newpolitical at
Texas State - HIST - 2312
Hobbes and Kanto Kant, writing later than Hobbes, took himself to be disagreeing with Hobbesabout a number of central issues concerning the nature of morality, but there arealso interesting points of similarityo We are now in a position to compare an
Texas State - HIST - 2312
11/04/08Social Darwinism- Racism and ImperialismI. An American Empire Abroad-2nd American Expansion-1898- 3 Month War with Spain-took Philippines and Annexed Hawaii-1900-helped suppress the Boxer Rebellion-1902- suppressed Filipino Revolution-shap
Texas State - HIST - 2312
11/11/08Late 19th Century Responses to Industrial CapitalismI. From Left IntellectualsA. Henry Demarest Lloyd and the Commandments-Author of Wealth against Commonwealth-attack on Standard Oil-refuted social Darwinism and self-interest as the engine
Texas State - HIST - 2312
11/18/08Progressivism III. Teddy Roosevelt- concluded-Crowley, Roosevelts source of preeminence-national policy-insistence on paying attention to the national interest-calls for the state to represent the national interest-expansion of the role of
Texas State - HIST - 2312
11/20/08Feminist Political Thought (1870-1920)I. Historical Context-after emancipation, breakup of alliance of blacks and women seeking end ofslavery and womens rights-15th Amendment The rights of citizens to vote cannot be deniedbecause of race, co
Texas State - HIST - 2312
11/25/08The New DealI. FDR and the Depression-FDR the man-born into an aristocratic Dutch NY family-cousin of Teddy Roosevelt-educated at Harvard-becomes editor of the Harvard Crimson, adopted initials FDR-went to Columbia Law-reform Senator of N
Texas State - HIST - 2312
11/1/10 Phil.Term for Today:- Scholasticism the method of doing philosophy prominent in medievaleducation.- Medieval Philosophy- Substance- Compatibilism- IncompatibilismWhy does Feldman argue that Spinoza, not Descartes, is the first modern philo
Texas State - HIST - 2312
1/12/10Both the Prince and the Discourses Seem totally different Prince is short handbook of advice for a prince. the Discourses endorse republicanism.Chapter I "All states and all dominions that hold and have held power over men have been and are e
Texas State - HIST - 2312
12/02/08Political Thought of the 60s- Students and WomenI. The 50s Background-so much of the 1960s was in reaction to the 1950s-complacency, conservatism, and the Cold War-presided over by Eisenhower-anti-communist hysteria-little questioning of au
Texas State - HIST - 2312
12/09/08Black Political Thought in the 20th CenturyI. Separatism and Integrationism-2 competing ideals in the black community starting at the turn of the 20th century-Separatism- blacks turn inward to achieve equality and justice-Integrationism- coop
University of Phoenix - COM 156 - COM 156
Hate Crimes in American Society in the Twentieth and Twenty-first CenturiesSample StudentResearch PaperSOCI 430: Project of SociologyMay 2, 1844I certify on my honor as a student at the University of Virginias College at Wise that Ihave neither give
Texas State - HIST - 2312
12/15/08Review Session (Section)Broad Themes of the Class-the course of progressive liberalism-Lockean liberalism-ebb and flow of power of liberalism-tension between strong government and small civil society-articles of confederation vs. constituti
Texas State - HIST - 2312
1/14/10Neutrality in Sciencecase studies-"empirical"free of moralitysimple observation without judgment; written in an 'amoral spirit."If you pursue empirical knowledge, it will be useful. (Chapter XVwants to write somethinguseful).Useful for what/w
Texas State - ACCT - 820
Company BackgroundAOL was a leader in the development of a new mass medium that encompassed onlineservices, the Internet, multimedia, & other interactive technologieso Through its America Online service the company offered members a broad range offeat
Texas State - ACCT - 820
The principal activity of security analysis is to value firmso Security analysts collect & analyze a wide array of info from financial statements &other sources to evaluate a firms current & past performance & to predict its futureperformanceo Then t
Texas State - ACCT - 820
Introduction to the Mixed Attribute Accounting ModelConsider the fundamental accounting identity: Assets = Liabilities + Shareholders Equityo At the instant a firm is formed & receives financing (typically through equityinvestment by owners or sharehol
Texas State - ACCT - 820
Overview of Profitability AnalysisProfitability analysis evaluates whether managers are effectively executing a firms strategy;with this in mind, we view financial statement analysis as a form of hypothesis testingAlthough firms must report comprehensi
Texas State - ACCT - 820
Equity investors make investment decisions based on the expected return from equityinvestments relative to the risks of realizing those returnsSimilarly, lenders make lending decisions based on the expected return in the form of interestrevenue relati
Texas State - ACCT - 820
Introduction to ForecastingAnalysts must develop realistic expectations for the outcomes of future business activities; todevelop these expectations, analysts build a set of financial statement forecasts expectedfuture income statements, balance sheets
Texas State - ACCT - 820
Introduction to ForecastingAnalysts must develop realistic expectations for the outcomes of future business activities; todevelop these expectations, analysts build a set of financial statement forecasts expectedfuture income statements, balance sheets
Texas State - ACCT - 820
Introduction and OverviewEconomic theory teaches that the value of an investment equals the present value of theprojected future payoffs from the investment discounted at a rate that reflects the time valueof money & the risk inherent in those expected
Texas State - ACCT - 820
Rationale for Cash-Flow-Based ValuationCash flow based valuation & dividends based valuation can be considered 2 sides to the samecoin: the analyst can value the firm based on the CFs into the firm that will be used to paydividends, or, equivalently, v
Texas State - ACCT - 820
Introduction and OverviewReported earnings are the single most widely followed measures of firm performanceo Accounting standard setters, along w/the accounting profession & the community offinancial statement users, have designed the accrual accountin
Texas State - ACCT - 1320
136B 1/13/11 NotesImpairments1) Specifically Identifiable Intangibles with Definite Lives*Test for impairments when indicated by circumstances.Step 1: Screening/Recoverability Test:>Compare CV of intangible to est. future undiscounted cash flows* If
Texas State - ACCT - 1320
1/25/2011 136B Lecure NotesContingent Liabilities*From loss contingencies (ie: lawsuits)>Accrue if probable and estimable>F/N disclosure if loss is at least reasonably possible*Dont Accrue for general business risks.>dont accrue for potential losess
Texas State - ACCT - 1320
2/3/11: 136B NotesPremium Example*Bonds issues 12/31/07 with a face value of $100,000*Principal due 12/31/10*Interest payable annually, beginning 12/31/08, at a stated rate of 7%*Effective Interest Rate was 6%*On 3/31/09, $60,000 face value of bonds
Texas State - ACCT - 1320
136B Notes: 2/8/11-Problem 14-9 (From Handout)A)PV of N/P at 12/31/06:$30,000 x 3.31213 =PVOA:4,8%$$$+ Down PaymentAmount paid for machinery99,36440,000139,364J/E:MachineryDiscount$$139,36420,636CashN/P[120,000 - 99,364]$$40,000
Texas State - ACCT - 1320
1/6/10 136CCompany that sells a so.ware package sold to a buyerSale price: 100,000(10 hrs)(500hrs)Sale date 7/1/1 (Year 1)> So.ware + 5 years of service (support) as well as installaGon(So.ware and installaGon at 6/25
Texas State - ACCT - 1320
136C Notes: 1/11/11*Review effective interest method.*Pick up AS notes and readerASAPEres Password:RomeoCLS# (Wiley)206291Office hours:T 6-7, R 5-6. NH3015-Back to problem 18-7123Contract price 1,200,0001,200,000 1,200,000 *Using completed
Texas State - ACCT - 1320
136C Notes 1/13/11Defined Contribution Pension Plans*Low cost*Saves income taxes>When you PV it back, the effecitive tax rate Is LOW*Easy accounting and taxes*Journal Entry:*Still subject to social security tax*Loyalty it can fluctuate a lot up an
Texas State - ACCT - 1320
136C Notes - 1/18/10Today's Reading: Pg 1063-1067-At 12/31/2011:Go to the actuary with all of the information and let them allocate what they think the cost isgoing to be. Things change from year to year, so the actuary wants information every year.>
Texas State - ACCT - 1320
Cumulative Net Beginning Unrecognized Actuarial G/L[Cumulative: Measuring all of the gains and losses, and net them, too.Generally, it evens itself out.beginning: Something to notice, everythign we do with pension expense isbased on beginning of the y
Texas State - ACCT - 1320
2/3/11 136C Notes-*Capitalization criteria for the lessee and the lessor are the SAME*Ownership>Look at whether or not the ownership qualities have been transferred.>Operating lease v Capital Lease:*Renting a car for a day, for example, is an operati
Texas State - ACCT - 1320
2/8/11: 136C Notes-Discount rate for the Lessee: Implicit Interest Rate vs Incremental Borrowing RateIf you know the FMV of the property now and at the end, as well as the term of the loan andthe payment you can figure out the implicit interest rate in
Georgia Tech - CHBE - 2300
Texas State - ACCT - 1320
136C Notes: 2/15/11-About regrades for the last exam:Signed piece of paper with signature, reference to the answer key, recognize that grade can go down up as well as downHave until next Thursday, 2/24/2011, to turn in and submit for regrades.Add a sh
Georgia Tech - CHBE - 2300
Texas State - PHIL - 1305
1 HobbesI.Psychological claims of human naturea. Every human action is motivated either by the attainment of some object of desirepursuit of goodor by the avoidanceof an object of some aversionavoidance of evil (p. 39)a.i. Desire for commodious livin
Georgia Tech - CHBE - 2300
Georgia Tech - CHBE - 2300
Texas State - PHIL - 1305
Descartes Meditations - Key points-Sceptical doubt and its use in the quest for certainty-The waves of doubtapplications of the method-The possibility of total deception-Absolute certainty of the Cogito and its implications-Arguments for distinguish
Texas State - PHIL - 1305
Big Questionso How should I live?o What principals should I follow?o What is morally right/wrong?o What is good/bad?o What makes certain acts right/wrong? God tells us in some way? What about non-religious people? Smaller Questionso Is abortion i