Blog

Reflect back on the Sweet Opportunities activity we did in the discussion post discussing business structures. What client did you select and why did you recommend the business structure you did for that client? If you had known from the start the success your client’s company was going to be, would you have changed your recommendations? How?

If I had an Operating Profit Margin (OPM) of 43%, what does that mean?

Grain in storage can be valued using the cost less accumulated depreciation method.

The three major components of a balance sheet are assets, liabilities, and owner’s equity.

Which is the correct heading format for a Balance Sheet?

The proper term for the value found by subtracting accumulated depreciation from the asset’s original cost is

Which of the following would be a fixed cost on a typical crop enterprise budget?

The depreciation method with the greatest depreciation in the first year is

What is the Book Value for Tractor A in Year 2?

Use the following information to compute the straight-line deprecation value of the following asset.  Machine Cost Salvage Value Useful Life Tractor A (Purchased in JULY) $75,000 $7,500 6 Years   Tractor A Year 1 Year 2 Year 3 Year 4 Year 5 Year 6