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Class Notes for ACT 3050 at Nova Southeastern University (NSU)

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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 6: Fiduciary, Fixed Asset, Inventory Turnover

OC17692524 Page
25 Oct 2017
0
Net credit sales / avg net acc receivable then you divide 365 by that number. 1)balance sheet and 2) statement of revenues, expenditures, and changes i
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 10: Quality Assurance, Safety Stock, Debt Crisis

OC17692525 Page
25 Oct 2017
0
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 2: Dividend, Notional Amount, Quick Ratio

OC17692527 Page
25 Oct 2017
0
The cost method is for an investment that does not give the investor significant influence. The dividends are recognized in income of the investor. The
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 7: Accounts Receivable, Financial Statement, Preferred Stock

OC17692525 Page
25 Oct 2017
0
If there is commercial substance to an exchange, the exchange is measured at: The gain is equal to the old asset"s fair value and it"s book value. If t
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 9: Emerging Markets, Capital Structure, Product Liability

OC17692527 Page
25 Oct 2017
0
Economic rate of return - common stock (divs + change in price) / beginning price. Large volume of data that doesn"t change frequently (read only) Weig
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 3: Fund Accounting, 18 Months, Sinking Fund

OC17692524 Page
25 Oct 2017
0
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 4: Life Insurance, The Item, Impaired Asset

OC17692525 Page
25 Oct 2017
0
Borrow from another foreign entity with the same foreign currency as the operation being hedged. Since borrowing is a liability, any changes in the for
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 1: European Cooperation In Science And Technology, Audit Evidence, Retained Earnings

OC17692529 Page
25 Oct 2017
0
The objective of financial statements is to communicate information that is useful to investors, creditors and other users (users) in making their reso
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 5: Financial Statement, Spot Contract, Interest Expense

OC17692524 Page
25 Oct 2017
0
Each payment consists of return of cost and gross profit. You calculate the gross profit percentage by taking the sales price and subtracting the carry
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NSUACT 3050GarciaFall

ACT 3050 Lecture Notes - Lecture 8: Write Protection, Technical Analysis, Income Approach

OC17692527 Page
25 Oct 2017
0
Inflation rate (cpi now - cpi old) / cpi old. M1 + liquid assets that can be converted to m1. Certificates of deposit, money market deposit accts, mutu
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