In the Lecture
What is the accounting equation?
Assets = Liabilities + Owners Equity
This has assets, liabilities, and stockholders' equity.
Balance Sheet.
One of the two countries where Coca-Cola is not sold.
North Korea
Cuba
What is the full name of the building you are in now?
Devos-Cook
Which country is known for inventing French fries?
Belgium
The owner's claim on the business
Equity.
Name the four primary financial statements
B/S
Income Stat
Stat of Owner's Equity
Stat of Cash Flows
Your Professor's first name.
Bruce
B2B stands for?
Business to Business.
What do the letters stand for in SLC?
Student Learning Center
What is the tallest mountain in the world.
Mount Everest.
An amount owed.
A liability
What is the formula for net income?
Revenue minus expenses.
This is the office you go to in school if you have to pay a debt.
Bursar.
Which company is the parent company of Google?
Alphabet Inc.
What is the name of the lake on campus?
It has no name.
What is the largest island in the world?
Greenland.
An amount owned.
Asset.
The net income flows to what financial statement?
Stat of Owner's Equity.
The opposite of a seller's market.
Buyer's market.
Which company is the parent company of Google?
Alphabet Inc.
What is the name of the campus president?
Dr. Gary Vonk.
Who is the Athletic Director at Flagship?
Kris Swogger
This asset is usually the most largest asset in the business.
Cash
Assets or money taken out of the business by the owner is called?
Owner's Draw.
It is a concept that involves applying moral standards in the workplace. It identifies the right and wrong attitudes and actions in the business environment.
Business ethics
Jimmy Wales was a co-founder of which famous internet information site?
Wikipedia
Who is the Chancellor of Keiser University?
Dr. Arthur Keiser.
In which country would you find Mount Kilimanjaro?
Tanzania
Accounting is so important that it is called...?
The language of business.