IN the future specific comments about classes will be sent by WEB CT e mail, but for now suspecting that everyone is not using it, for hte managerial class there is a very good example of capital budgeting at
Present value tables are on the web at
I will also put the tables on reserve in the library so you can copy them and bring them to class.
I urge you to study the power point of narrated slides on Chapter 14 before Wed class.
today I am also placing
Business Week Sept 3 – see notes on the blog but certainly P 30-42
and Aug 13, 2007 – see cover story articles on housing builders p. 26-42
As you read these articles on the sub prime mess, think about what it means for accountants
How do we value a mortgage, its ultimate worth the saleability of the house or collateral behind it,
so what happens If many houses go on the market at depressed values, how do we revalue the mortgage?
Profit as We Know It
Global Capital Markets
all on reserve, yes you are resonsible for reading this material if you are in
any of the three accounting classes this semester
DLE
Professor Elam 
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