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,…

**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…

Created by Mikael Laferla

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…

The “weighted average number of common and common equivalent shares outstanding: basic” for 2020 is 1,808 (in millions) 122.55 multiplied by 1,808 (in millions) = $221.57 billion *Here’s the source I used to find the market price per share for Disney* “Above the line” in 2020 was 3,794 (in millions), so $3.79 billion. “Above the…

Mikael La Ferla disagrees that “organizational” decision-making is pointless. Organizations are composed of individuals who adhere to principles and rules that have propelled them to where they are today. The main argument against organizational decision-making is when it’s “groupthink,” which is when a group of people’s goal for “unanimity overrides their motivation to realistically appraise…

Hey Everyone! Here’s a formal introduction to Shopden, the list app that allows users create and share shopping lists, track expenses, and receive location-based notifications. Users can create and share lists when shopping for groceries, hygiene products, office supplies, pet supplies, and electronics. Users also can track their expenses by setting budgets for each list…

I am thrilled to announce that I have recently become certified in Bloomberg Marketing Concepts (BMC). This certification represents a significant milestone in my professional journey. I have gained a comprehensive understanding of essential marketing principles, analytics, and strategies. This knowledge equips me with the tools to make data-driven decisions and develop effective marketing campaigns.…

Created by Mikael La Ferla