Performance Report
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• Managerial Accounting: Capital Invest...
Description:
The class begins with a brief recap of the previous lecture. Methods used to determine what investment to invest in are discussed (i.e. "Capital Investment Decisions"), such as NPV, IRR, and PI. After a few exercises are reviewed as well as the topics to be prepared for for the upcoming mid-term, the Professor moves on to cover chapter 22, which focuses on budgets (including why and how they are used). The steps to preparing an operating budget are also shown.
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