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ACCTG 241 Accounting for Investing and Financing

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  • Professor:
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    Deines,DanS, Grieves,KimberlyJane, Hsu,Li-Tzang, smith,fred, Vogt,RodneyLee, Fred Smith, vogt
  • Average Course Rating (from 1 Student)

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  • Top Course Tags

    Background Knowledge Expected

    Great Intro to the Subject

    Math-heavy

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    • Profile picture
    Jun 21, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I would recommend this course because I believe it is important for everyone to take even if you are not a business major. This course shows you real life aspects of any business. Tells you how to calculate interest on a big purchase you might have or how to deal with stock. Every person needs to be able to understand their financial situation and if you don't know how to do that you could end up in debt or much worse.

    Course highlights:

    The aspects of the course that really stuck out to me were learning how to complete an income statement, balance sheet and statement of cash flows because these financial records determine the financial state of a business. Another lesson that was useful is how to determine the interest for your bonds or notes payable. This allows you to find out where the money in your payments are going. Also knowing how to calculate depreciation because when it comes time to sell a car or piece of equipment you need to realize it is not worth the same amount you bought it for.

    Hours per week:

    3-5 hours

    Advice for students:

    Go to class every day. There is too much information given to miss out on. Also take really good notes and study hard for the tests. If you know how to do all the calculations you will be fine most of the class is calculations rather than conceptual.

    • Spring 2016
    • Vogt,RodneyLee
    • Yes
    • Math-heavy Background Knowledge Expected Great Intro to the Subject

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