ACCT 209 Topical Review: Account Definitions, Financial

ACCT 209 Topical Review - Final Exam Account definitions (such as: accounts receivable, accounts payable, assets, liabilities, equity, revenue, expense, retained earnings, dividends, etc.) The Accounting Equation - how transactions impact the equation Current ratio/Gross Profit/Profit Margin/Working Capital Order of the financial statements creation How to create each financial statement How to calculate straight-line depreciation Components of the Income Statement Components of the Statement of Retained Earnings Components of the Balance Sheet How to complete a SWOT analysis How to complete a BSC analysis How to complete budgets: oSales budget oSelling expenses budget oG&A budget OODA loop understanding How to use the tables to calculate PV of $1, FV of $1, PVA of $1, and FVA of $1