Table of Contents

Introduction
Pre-Test

Chapter 1: Cash, Original Investment, Assets, Liabilities, Notes Payable, Owner's Equity, Balance Sheets, Inventory, Earnings, Expenses
Chapter 2: Gross Profit, Net Profit, Income Statements, Cash Flow
Chapter 3: Retained Earnings, Loans, Credit, Accounts Payable, Notes Payable
Chapter 4: Paid Labor, Accounts Receivable, Bad Debt, Interest, Prepaid Expenses, Accrual Method, Cash Method, Creative Accounting
Chapter 5: Service Businesses
Chapter 6: FIFO, LIFO
Chapter 7: Cash Statements, Fixed Assets, Capitalization, Depreciation
Chapter 8: Profits vs. Cash
Chapter 9: Taxes, Liquidation
Chapter 10: Final Analysis – Improving Profits

Post-Test
Answer Key
Glossary
Index
About the Authors
Diploma

About the Author

Judith Orloff is the founder of Educational Discoveries, Inc., a training industry leader in accelerative learning and instructional design. Darrell Mullis taught EDI's learning technology and developed a training program for its trainers. Mullis lives in Louisville, Colorado.