, Time Value of Money - ANSWER Definition: Income today is real AND Income received in
the future is worth less than the same income received now.
Effects:
Risk, Inflation, Uncertainty, Missed opportunity to take, invest and earn interest,
Opportunity Cost: could have invested in alternative projects
Compounding calculations - ANSWER present value to future value
Discounting calculations - ANSWER future value to present value
Pro Forma: Income Statement- ANSWER an accounting statement that shows the
projected result of the operations of a firm for a specific period
characteristics: COGS, gross profit, operating expenses, operating profit, net profit, net
income
Pro Forma: Balance Sheet- ANSWER provides a firm with an estimate of how its
activities will affect its ability to meet its current liabilities and how its capitalization will
change over time
attributes: current assets, long-term assets, current liabilities, long-term liabilities,
owner's equity
Scenario planning - ANSWER Describe a small number of plausible alternative futures
and the consequences for the organization. Give clear storylines with driving forces.
Produce options.
Team Development Stages - ANSWER forming, storming, norming, performing, adorning
Research Types - ANSWER primary, secondary, quantitative, qualitative
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Easton. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.