HFT 3431

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HFT 3431

• Final Exam Review

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Exam is Cumulative

• Chapters 1 12
• Brown Scantron Form 2052
• Exam Time
• Wednesday 5/4/16 at 700 pm
• 50 Multiple Choice Questions
• 28 Vocabulary
• 22 Problems

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Vocabulary Samples

• 10 Accounting Principles
• Cash vs. Accrual Method
• Balance Sheet Types
• Comparative vs. Common Size
• Contribution Margin
• Fixed vs. Variable Costs
• Step Costs
• Relevant Costs
• Controllable vs. Non-Controllable Costs
• Classes of Ratios

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Other Vocabulary

• Schedule of Cash Flows
• Operating
• Financing
• Investing
• None
• Types of Expenses
• Fixed
• Variable
• Mixed

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Problems

• Ratio Analysis 5
• Contribution Margin / Ratio
• Breakeven Analysis
• 0 SX-VX-F Variations of the formula
• Suggested Menu Price Multiplier
• Simple Rooms Forecast
• Revenue / Budget Variance Expense/Budget
  Variance
• Trade Credit / Discounts
• Smoothing Constant used in Forecasting
• Interest Rate on Cash Discount
• Price Elasticity of Demand
• Loan Effective Interest Rate with Compensating
  Balance

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Problems Not to Worry About

• Completing a Balance Sheet or Income Statement
• Completing a Statement of Cash Flows

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Best Way to Study

• Quizzes
• Worksheets
• Prior exams

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Questions?

• See you on Wednesday!