Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Capitalization (cap) refers to the total value of a company described in which of the following ways?

Net income, retained earnings, or market value

Market capitalization, book value, or total debt

Market capitalization, book value, or enterprise value

Gross profit, net profit, or total assets

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Verified step by step guidance

Understand the concept of capitalization: Capitalization refers to the total value of a company, which can be described using various financial metrics.

Review the options provided in the problem: Net income, retained earnings, or market value; Market capitalization, book value, or total debt; Market capitalization, book value, or enterprise value; Gross profit, net profit, or total assets.

Focus on the correct answer: Market capitalization, book value, or enterprise value. These terms are commonly used to describe the total value of a company.

Define each term in the correct answer: Market capitalization is the total market value of a company's outstanding shares. Book value is the value of a company's assets minus its liabilities. Enterprise value is a measure of a company's total value, including market capitalization, debt, and cash.

Compare the correct answer to the other options: Explain why the other options (e.g., net income, retained earnings, gross profit) do not fully represent the total value of a company, as they focus on specific aspects of financial performance rather than overall valuation.