AdvancedVentureBusiness（一）.pptVIP

NBC1 2008, (c) 2008　Jay A. Smith Class 9 Finance Accounting (Continued) Financial Topics for Today Balance Sheet Income Statement / Profit Loss Statement Business Ratios Pro Forma Statements (Forecasts) Breakeven MBA Hand Out – Balance Sheet Assets Current Cash Securities Accounts Receivable Inventory Long-Term Property Plant Equipment Long-term Securities Liabilities - Current Accounts Payable Notes Payable Current Long-Term Debt Liabilities – Long-Term Long-Term Debt Mortgages Equity Paid-In Capital Retained Earnings Balance Sheet Ben’s Benri Bento Company Assets Liabilities Equity Ben’s Benri Bento Company Sales Cost of Sales Gross Profit Marketing RD GA (General Admin.) Operating Expenses Operating Income Non Operating Expenses Pretax Profit Taxes Net Income MBA Hand Out – Income Statement Sales (Net Sales = Gross Sales – Returns) Expenses (product costs, indirect costs overhead) Marketing Research Development (RD) (Selling), General Administrative ((S)GA) Depreciation (non-cash, usually small for Ventures) Gross Profit Operating Profit/Income (or Loss) Net Profit/Income (or Loss) Depreciation Non-cash expense (income statement) Accounting technique to represent the decrease (de-appreciation) of asset values over time (balance sheet) Rates set by the tax authority Lowers pretax income (and taxes) Straight line vs. accelerated Homework Explore Park 24 Website http://www.park24.co.jp/ (JE) and Kyocera Websites (E) www.kyocera.co.jp (J) Email the amounts below for both companies to NBC1-2008@ : Net Sales Net Income Cash Cash Equivalents For Fiscal Year Ending October 31,2007 (Park 24) For Fiscal Year Ending March 31, 2008 (Kyocera) Check website for helpful links / /lessons/finstmt/index.mv Find a good Japanese language finance/accounting website or book Homework So What? Income Statement (PL, Profit Loss Statement) Business Performance Ratios Allows to compare (like batting average) to other “comparable” compan