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Unformatted text preview: learned as a consumer what things are important for some business and as a possible investor I learned how read some of the statements for inventory and learned calculations that determine certain ratios of gain or loss for companies taking into consideration the shrinkage inventory. Many of the issues of today have to do with bad communication or greed and some of the best advice for a business can come from their accounting team as an executive dealing with money and how the financial statements go everyone must follow the GAAP to have better results at the end of the year. The last few classes really got me motivated and thinking I was working in a big company and me helping out with the FiFo or LiFo methods to save money in taxes and provide a good forecast as well as creativity moving the methods around or combining them especially in this down economy. I think I may have review some of the information learned just to keep it fresh in mind long after graduation....
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- Spring '09
- Balance Sheet, English-language films, Generally Accepted Accounting Principles, FIFO and LIFO accounting, Ivan Rivera, AC114 Accounting