Week 10 Reading Reflection

Hello Folks,

This week we are going to talk about the week 10 reading.

Surprises?

I was surprised how companies handle questionable costs. I never really thought about where or how companies assigned repair costs. 

Confusing?

I do not really understand internal rate of return and how it is done. I feel like you are making estimates and then comparing those estimates, but it was tough for me to understand.

Questions?

1. Although a lot of these finances are extremely useful, it tends to be geared towards larger publicly traded companies. What are the differences in a balance sheet between companies offering stock versus those who don't?

2. I understand that different countries have different standards and rules of accounting. What are some major differences between a company outside of the US vs in the US?

Disagreements?

I do not disagree with the author at all. Many of the information is objective and commonly used by all companies across the United States.