20 March 2016

Week 10 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 
  • It was interesting to me that this reading went into detail with the financial statements because I am currently taking financial accounting. It was especially interesting to see financial accounting tied into entrepreneurial scenarios because the majority of what I have studied so far was purely theoretical; seeing it applied to things that interest me definitely left me with a different impression.
2) Identify at least one part of the reading that was confusing to you.
  • I had to reread the capital budgeting process a couple of times to get a grasp on the concept.
3) If you were able to ask two questions to the author, what would you ask? Why?
  • Please explain the capital budgeting process to me; specifically the differences between the different methods used
  • Also, I would be interested in seeing more examples of the break-even analysis with further explanation

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
  • I could not disagree with anything the author said; in fact, it helped me understand a couple of questions I had regarding my financial accounting exam that is coming up on Wednesday, so this reading came with perfect timing. 

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