Computational Methods for Financial Applications SCC 2301 Frederick H. Willeboordse

Slides:

Advertisements

Similar presentations

THE WORKSHEET AND THE FINANCIAL STATEMENTS

Advertisements

Chapter 4 Long-Term Financial Planning and Corporate Growth

Finance Competency For CFM Exam. Overview Operating & Capital Budgeting General Financial Concepts Management Accounting Principles Procurement Life Cycle.

Computational Methods for Financial Applications SCC 2301 Frederick H. Willeboordse

© 2004 The McGraw-Hill Companies McGraw-Hill/Irwin Name of entity 2. Title of statement 3. Specific date 4. Unit of measure The Balance Sheet reports.

2006 Cash Flow Statement Sources of cash: Beginning cash balance Cash receipts from product sales Other sources of cash Total sources of cash Uses of cash:

Quiz #1 You decide to sell candies at a soccer game during December 2003 at the Rose Bowl to make some extra money. You have the following transactions:

P1–1. Req. 1 NUCLEAR COMPANY Income Statement For the Year Ended December 31, 20A Total sales revenue (given)$ Total expenses (given) Pretax income.

Chapter 3. SALES SALES - Cost of Goods Sold GROSS PROFIT GROSS PROFIT - Operating Expenses OPERATING INCOME (EBIT) OPERATING INCOME (EBIT) - Interest.

AGEC 489/689 Spring 2009 Detailed View of Financial Statement Linkages Slide Show #3.

Financial Statements, Taxes, and Cash Flow

4.01 Understand financial planning..  Assets: what the company owns  Liabilities: what the company owes  Owner’s Equity: value of owner’s investment.

Financial Accounting Accounting is--- Accounting is--- –A system by which assumed responsibility is validated Accounting may validate— Accounting may validate—

GAAP PowerPoint #4.  A formal record of the financial activities of a business  Includes four basic financial statements: ◦ Balance Sheet (Statement.

Evaluating Financial Performance. The Key Questions: 1.Does the firm have the ability to meet maturing financial obligations? 2.Does management do a good.

Financial Statements and Cash Flow  Key Financial Statements  Balance Sheet  Income Statement  Statement of Stockholders’ Equity  Statement of Cash.

Financial Statements for a Sole Proprietorship

ANALYSIS OF FINANCIAL STATEMENTS Using Ratios Presented by the Arkansas Securities Department.

Accounting and Financial Reporting Entrepreneurship & Small Business Management.

Business Transactions Financial transaction? NO YES Create journal entries Source Documents Record journal entries in JOURNALS Post to JOURNALS Post to.

Financial Statements Q&A. Name a type of Financial Statement?

INTRODUCTION TO FINANCE (FIN60104/BUS1204)

Financial Puzzle FINANCIAL STATEMENTS By PresenterMedia.com PresenterMedia.com.

6 - 1 Income statement Balance sheet Statement of cash flows Financial Statement.

In looking for the success of Williams- Sonoma, Inc., should you just look at the net income on the income statement? 1.Yes 2.No.

1 Understanding the Financial Statements Lecture No.35 Professor C. S. Park Fundamentals of Engineering Economics Copyright © 2005.

Th 9 ©The McGraw-Hill Companies, Inc Foundations of Financial Management E D I T I O N N I N T H Irwin/McGraw-Hill Block Hirt 2 C H A P T E R T W.

2-0 Financial Statements, Taxes, and Cash Flow Chapter 2 Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.

CHAPTER 4 Long-Term Financial Planning and Growth.

Does Jones Soda Co. have to account for the changes in its cash every year? 1.Yes 2.No.

Chart of Accounts.

Balance Sheet Audited Active 114, ,666 Current Assets 103, ,673 Fix Assets 218, ,339 Total Passive 93,705 77,844.

GEK2507 Compound & Prosper GEK2507 Frederick H. Willeboordse

Section 3The Balance Sheet What You’ll Learn  The purpose of a balance sheet.  How to prepare a balance sheet.  How to analyze information on financial.

© The McGraw-Hill Companies, Inc., 2002 McGraw-Hill/Irwin Chapter 5 THE ACCOUNTING CYCLE: Reporting Financial Results.

The Financial Planning Process Liquidity Liquidity Working Capital Working Capital Inventories Inventories Capital Budgeting Capital Budgeting Capital.

Finance 206 Evaluating a firm’s Financial Performance.

BUSINESS PLAN- PART 5 FINANCIAL INFORMATION. THREE IMPORTANT FINANCIAL STATEMENTS Income Statement Cash Flow Statement Balance Sheet.

TWO IMPORTANT FINANCIAL STATEMENTS SBM 110. INCOME STATEMENT The income statement’s primary role is to show a profit or loss over time. Using the difference.

Income Statement (“P&L”) Cash Flow Statement Balance Sheet An Introduction to Financial Statements.

FINANCIAL STATEMENTS FOR A SOLE PROPRIETORSHIP Chapter 9.

Profit Planning. What is it? What is it? Why is it important? Why is it important? Financial changes occur constantly Financial changes occur constantly.

Financial Statements A set of Financial Statements consist of four related accounting reports that summarizes the financial resources, obligations, profitability.

Finance Chapter 2 Financial statements. Financial statements & reports  Annual report—a report issued once a year by a corporation to its stockholders,

PREPARE THE FOUR FINANCIAL STATEMENTS 1. INCOME STATEMENT 2. RETAINED EARNINGS STATEMENT 3. BALANCE SHEET 4. CASH FLOW STATEMENT.

Company Name Stock Trading Symbol. Company History Founder: Incorporation Date: IPO Date: Initial Sales Price: Current Sales Price:

> > > > Understanding Financial Statements. Balance Sheet What is a Balance Sheet? A statement that shows –(1) How much money a company has –(2) How much.

Financial Budgets Chapter 7 Slides prepared by Peter Miller

Demonstration Problem

1.01 Generally Accepted Accounting Principles – Financial Statements

BASIC FINANCIAL STATEMENTS

POB 4.01 Part 3 – Income Statements & Balance Sheets

Long-Term Financial Planning and Growth

Course Title: Financial Statement Analysis Course Code: MGT-537

The Accounting Cycle: Step 4

END OF CHAPTER PROBLEMS

© 2015 Cengage Learning. All Rights Reserved.

PEMBELIAN Balance Sheet

INVENTORY (Pengelolaan Persediaan)

Chapter 3 Financial Statements

Financial planning and forecasting

1.01 Generally Accepted Accounting Principles – Financial Statements

BUSINESS HIGH SCHOOL-ACCOUNTING I

CALCULATING COMPONENT PERCENTAGES

Point 6 Financial Statements

Financial Statements.

Flow of Accounts into Financial Statements

Financial Statements: Basic Concepts and Comprehensive Analysis

Simpson Company experienced the following events during Year 1.

Effective Tips for Writing the Financial Section of Business Plan

Presentation transcript:

Computational Methods for Financial Applications SCC 2301 Frederick H. Willeboordse

Quiz 1 In Lecture 1, we discussed the income statement Quiz 1 What is Golden Dragon’s Cost of Sales? ?

Quiz 1 - Answer In Lecture 1, we discussed the income statement Quiz 1 - answer What is Golden Dragon’s Cost of Sales? Answer: $6,000.-

Quiz 2 In Lecture 2, we discussed the balance sheet Quiz 2 1)True or false: Owners Equity is an asset. 2)I set up a (wholly owned) company with $20,000 in cash. Since then, I made a profit of $562 and paid out $400 in dividends. What are the retained earnings? ?

Quiz 2 - answer In Lecture 2, we discussed the balance sheet Quiz 2 - answer 1)True or false: Owners Equity is an asset. False. 2)I set up a (wholly owned) company with $20,000 in cash. Since then, I made a profit of $562 and paid out $400 in dividends. What are the retained earnings? $162.- ?

Quiz 3 In Lecture 3, we discussed the Cash Flow Statement Quiz 3 1)True or False: Dividends do not appear on the Income Statement and hence not on the Cash Flow Statement either. 2)Is it possible to find the Net Cash Flow (which is the sum of the cash flows in the Cash Flow Statement) from the Balance Sheet(s) of a company. ?

Quiz 3 - answer In Lecture 3, we discussed the Cash Flow Statement Quiz 3 - answer 1)True or False: Dividends do not appear on the Income Statement and hence not on the Cash Flow Statement either. FALSE 2)Is it possible to find the Net Cash Flow (which is the sum of the cash flows in the Cash Flow Statement) from the Balance Sheet(s) of a company. YES

Quiz 4 In Lecture 4, we discussed the Cash Budget Quiz 4 1)True or False: Dividends are not part of the ‘normal’ operational costs of a company and hence do not appear in the Cash Budget. 2)True of False: The Cash Budget predicts the future cash needs with absolute certainty. ?

Quiz 4 In Lecture 4, we discussed the Cash Budget Quiz 4 1)True or False: Dividends are not part of the ‘normal’ operational costs of a company and hence do not appear in the Cash Budget. FALSE 2)True of False: The Cash Budget predicts the future cash needs with absolute certainty. FALSE ?

Quiz 5 In Lecture 5, we discussed the Cash Budget Quiz 5 1)True or False: When sales increase, fixed costs rise as quickly as variable costs. 2)What is the net income of a company when it breaks even? ?

Quiz 5 In Lecture 5, we discussed the Cash Budget Quiz 5 1)True or False: When sales increase, fixed costs rise as quickly as variable costs. FALSE 2)What is the net income of a company when it breaks even? $0.- ?