On this page, you can find the recording of the Weekly Meeting 1 for AMDM [Accounting for Managerial Decision Making]. Feel free to ask questions in the comment section below, we will answer them 🙂
Recording
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Thank you for watching and we hope you liked it! Feel free to ask questions below 🙂 (We are notified if you ask a question).
You can find the next Recorded Weekly Meeting on this page.
Hello, I have questions about the following slides:
-(Slide 8) : To calculate the Cash from operating activities of 11,396 do we sum up the Net income, Depreciation and Amortization, Accounts payable and Inventory, to then subtract the Accounts receivable and Other adjustments?
-(Slide 10): Are Long-term assets the same as Non-current assets? Are Non-current liabilities the same as Long-term liabilities?
-(Slide 13): Is the Statement of change in equity the same as Statement of retained earning?
-(Slide 18): If the new office building costs 800 000euros, why on the debit side it shows as postive, since we a cost reduces cash?
Hi 🙂
1) Yes correct but I would not stress it too much (its part of the course content) but normally never gets asked in the exam!
2) Yes its just a different term
3) Yes
4) We get PPE (which is an asset and assets increase on Debit), while assets decrease on Credit which you see with the Cash entry
Hope that answer everything 🙂
Hello,
4) So PPE assets increase on Debit and other assets such as cash and loans decrease on Credit?
Hi,
Loan is a liability and would increase on credit. But assets like PPE, Cash and others work this way.
Hello, I have question:
(Slide 34) If he only has to pay the 1000 euros if he produces 2000 more units, why do we still consider them as a Fixed cost?