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Business basics 2021

This class was created by Brainscape user Aishwarya Yadalam. Visit their profile to learn more about the creator.

By: Aishwarya Yadalam
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Decks in this class (17)

FA 1 - The Accounting Equation
The accounting equation is,
What is a transaction,
What is the accrual method of acc...
28  cards
BA 1 - Describing and Summarizing Data
Axes of a histogram,
Whats an outlier,
How do you examine the validity o...
35  cards
FA 2 - Recording Transactions
What are the steps of recording a...,
Ledger of accounts,
Double entry system
13  cards
EM 1 - Customer Demand: Foundations
Willingness to pay wtp definition,
Wtp,
Demand curve individual and aggre...
11  cards
FA 3 - Financial Statements
Real accounts,
Nominal accounts,
Balance sheet definition
8  cards
BA 2 - Sampling and Estimation
What type of sample ensures sound...,
How to avoid biased results,
Characteristics of the normal dis...
17  cards
EM 2 - Strategies for Assessing and Increasing Demand
Surveys,
Focus groups,
Auctions and wtp
14  cards
BA 3 - Hypothesis Testing
Null hypothesis,
Alternative hypothesis,
Steps of a hypothesis test
9  cards
FA 4 - Adjusting Journal Entries
Explicit and implicit transactions,
Adjusting entries,
Accruals
20  cards
EM 3 - Suppliers and Cost
Willingness to sell,
Value created by a firm,
Value captured by a firm
16  cards
BA 4 - Single Variable Linear Regression
Regression linear regression sing...,
Uses of regression,
Regression equation
15  cards
FA 5 - The Statement of Cash Flows
Purpose of statement of cash flows,
Sections of statement of cash flows,
Operating activities
18  cards
EM 4 - Markets
Market equilibrium,
Excess demand and excess supply o...,
Property of efficiency
12  cards
BA 5 - Multiple Regression
Use of multiple regression,
Equation,
Tools used for analyzing multiple...
11  cards
FA 6 - Analyzing Financial Statements
Return on investment,
The dupont framework,
Profit margin and gross profit ma...
15  cards
EM 5 - Competition and Differentiation
Monopoly,
Perfectly competitive market,
Optimal pricing
13  cards
FA 7 - Forecasting and Valuation
Pro forma financial statements,
Percent of sales forecasting,
Free cash flows
14  cards

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Business basics 2021

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