Post should be 75-150 words in length

Week 3

One way for organizations to generate revenue is through accounts receivables. Go to Yahoo Finance and select a company. Then, share with class on one of the company’s receivables.

Week 4

Organizations utilize at least one inventory method (FIFO, LIFO, or weighted-average) to calculate their cost of goods sold and ending balance of inventory. Find an article that discusses a business that utilizes one of the three inventory methods or provide a real-life example. Then, share with the class the selected example’s inventory method and the method’s characteristics.

Week 5

One of the four financial statements is the income statement that presents the organization’s revenue, expense, and net income. Go to Yahoo Finance and select a company. Then, share with the class either the company’s gross profit or total operating expenses, as well as the company’s net income

Week 6

Depending on the length of time, assets will either be categorized as current or long-term. Go to Yahoo Finance and select a company. Then, share either a current or long-term asset of the company and the type’s characteristics.

Week 7

Depending on the length of time, liabilities will either be categorized as current or long-term. Go to Yahoo Finance and select a company. Then, share either a current or long-term liability of the company and the type’s characteristics.

Week 8

Financial ratios help to analyze the company’s financial health. Go to Yahoo Finance and select a company. Then, calculate at least one of the financial ratios that was discussed in your textbook for that company.

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