Uncategorized
-
Mikael La Ferla’s Accounting Reading Summary
This week’s reading covered how to analyze capital expenditures and how to outline a proposal for a new investment. Capital expenditures are large projects that require a significant investment of cash. At the company I work at, we classify capital expenditures to be $5,000 or more. The three key concepts to analyze capital expenditures are… Continue reading
-
Mikael Laferla’s Bloomberg Market Concepts Certificate
Completed by Mikael Laferla Continue reading
-
Mikael Laferla’s Accounting Homework
Walgreens vs. CVS financial analysis: *(I show all my work for my answers in highlight for each question, and then I put all the answers in the Ratio Table on the last page)* LIQUIDITY RATIOS: Net working capital for Walgreens Net working capital for CVS NWC Formula = Current Assets – Current Liabilities Walgreens NWC… Continue reading
-
Mikael La Ferla’s Accounting Assignment
This week’s reading covers the breakdown of “bill-and-hold,” profitability ratios, and leverage ratios. “Bill-and-hold” is an accounting method that allows a company to recognize revenue from a sale before the exchange happens. In other words, it is a way of accommodating retailers who want to buy large quantities of products for sale in the future… Continue reading
-
Mikael La Ferla’s Organizational Behavior Assignment
1. Between conciliation, mediation, and arbitration, mediation is the preferred method for companies to resolve peer-to-peer and manager-to-subordinate disputes. All three methods are suitable, depending on the circumstance. For instance, conciliation is most beneficial if both parties are unfamiliar with each other and are more comfortable having a third party communicating with them. What I… Continue reading
-
Mikael La Ferla’s Accounting Reading Summary
This week’s reading covers why Warren Buffet closely examines cash flow, the main differences between cash flow and future metrics such as net profit, and the importance of knowing where cash flow comes from. Legendary investor Warren Buffett follows three fundamental principles when buying shares: long-term growth over short-term growth, investing in brands he understands,… Continue reading
-
Mikael La Ferla’s Accounting Homework
**I round to the nearest tenth for all of my answers** 1a. What does “above the line” vs. “below the line mean”? Why is it an important distinction (and for whom)? Minimum of 100 words. “Above the line” consists of the costs incurred by a business to make the product or service it provides to… Continue reading
-
Mikael La Ferla’s Accounting Reading Summary
This week’s reading covers how different audiences interpret the income statement and balance sheet, how Goodwill was used to bolster expanding companies’ net worth, and how mark-to-market accounting contributed to the Financial Crisis of 2008. Managers focus on the company’s income statement because for managers to budget effectively, they need to be aware of the… Continue reading
About Me
Mikael La Ferla is a Staff Accountant at PMC Property Group, Inc. He is also Founder of Shopden, the list app that allows users create and share shopping lists as well as track their expenses. Mikael La Ferla attends Rutgers Business School where he’ll receive his BBA-Corporate Finance in 2024 and his MBA-Investments and Wealth Management in 2025.
Thank you for visiting my website!