Introduction
After reading chapter 4 for accounting it
had me thinking, all these concepts were pretty knew to me, because I’ve had no
background knowledge on accounting at all. The aim of this chapter is to
understand finical statements and to analyze and to determine how good the firm
is going and to look into the future.
In my view by understanding the finical statements
you are able to determine the past and current, and also the performance of the
company.
What I find confusing
When I had started to read the chapter it
felt like I was reading a lot of information at once. This chapter was quite
big and also hard to remember all of this, there was so much to learn in this
chapter. But the main thing that I found
confusing is free cash flow, at first when I was reading this paragraph
everything about it had looked difficult and hard to understand. But as I read
the information again I had slowly gained a lot more knowledge about Free Cash
Flow (FCF). I also didn’t know Free Cash
flow was a measure of transfer of value this to me was fairly new and difficult
to understand. But as I was reading on it was getting a little easier to
understand.
What I find surprising or hard to believe
What I find boring
This chapter personally was pretty boring
and had felt like I was reading the chapter over and over again, there was so
much information to take in and understand.
What I find exciting
