What is the formula for EBITA?
What is the effective rate for a loan?
APR/12
What is the effective rate for a morgage?
APR/2
What is the effective rate for a credit card?
APR/365
WHAT has a histogram and a rutter chart?
Excel
Types of statements:
pro-forma statements, income statements, balance sheet, cash flows
Budgets:
cash, capital, operating
Forecasting methods:
percent sales, trends (moving average, seasonality, regression)
independent variables must be…
known or controlled,
Equation of a line is…
y=b0+b1x
Dependent variables are___ and independent variables (x)
(y),(x)
What is important when communicating?
Be simple, be clear, be concise, be blatantly obvious
two things to keep in mind when choosing a chart type
Purpose, Chart Type
What should I show my audience?
results and insights of the analysis not the data
Clear labels
Show key numbers
Show trends
Three guiding presentation principles:
simplicity, creativity, energy
Process description:
invention, feedback, demo, improve, feedback, protype, standardize.
Key Considerations When Choosing Ownership Form
Ownership and control, taxation, liability, ease of start up and administration
4 Functions of Management
-Planning
-Organizaing
-Leading and Motivating
- Controlling
Descriptive Analytics
use of data to understand past and current business performance and make informed decisions.
Predictive analytics
predict the future by examining historical data, detecting patterns or relationships in these data, and then extrapolating these relationships forward in time.
Perspective analytics:
identify the best alternatives to minimize or maximize some objective.
Factors affecting financing choice
amount, term, cost, effect on control, external conditions.
Collateral:
specific assets pledged; lender can take them if you default.
Liquidity:
how easily you can sell an investment for cash
