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Textbook Notes for J.Hancock

UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 4: Balance Sheet, Current Asset, Accounts Receivable

OC11393643 Page
15 Oct 2017
0
Merchandise = products/goods acquired by a company to resell to customers. Is an intermediary buying products from manufacturers/other wholesalers and
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UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 3 : Financial Statement, Accrued Interest, Trial Balance

OC11393642 Page
15 Oct 2017
0
It prepares accounts for recording transactions, and the events of the next period. It resets revenue, expense, dividends account balances to zero at e
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UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 2: Accounting Equation, Retained Earnings, Common Stock

OC11393643 Page
5 Oct 2017
0
Intracompany = compare company results across 2+ periods. Guidelines (rule of thumb) = compare results to standards based on experience. 4 basic buildi
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UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 1: Balance Sheet, Accounts Receivable, Accounting Equation

OC11393644 Page
3 Oct 2017
0
Accounting = information & measurement system that identifies, records, and communicates rele(cid:448)a(cid:374)t, relia(cid:271)le, a(cid:374)d (cid:2
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UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 3: Trial Balance, Accrued Interest, Retained Earnings

OC11393643 Page
9 Oct 2017
0
Assu(cid:373)es that a (cid:271)usi(cid:374)ess"s a(cid:272)tivities (cid:271)e divided i(cid:374)to ti(cid:373)e pe(cid:396)iods, like (cid:373)o(cid:
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UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 1: Double Taxation, Accountant, Internal Control

OC11393643 Page
3 Oct 2017
0
Higher risk implies higher but riskier expected returns. The shareholders elect board of directors, who appoint managers to run the business, so the ow
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UC-DAVISMGT 11AJ.HancockFall

MGT 11A Chapter Notes - Chapter 4: Balance Sheet, Gross Profit, Gross Margin

OC11393642 Page
15 Oct 2017
0
Fob = (free on board) determines who pays transportation costs and other associated costs. Fob shipping point = ownership transfers when goods go to ca
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UC-Davis (1,000)
MGT 11A (30)
J.Hancock (7)