Accounting & Investing Info for San Antonio A & M
Thursday Feb 23, 2017
Tesla continues to confound as Musk launches into outer Space.
Meanwhile back on earth the ratios on the balance sheet confound conventional wisdom about valuations.
We study financial ratios in accounting to better identify bargains or issue that are becoming too pricey.
Tesla has yet to make any real money. A bit yes such that the P/E ration is 200 to one. And look at the cash flow statistics!
We will discuss in class, come prepared having read the article.
Wed Feb 22, 2017
Here is more evidence of the success of on line retailing.
Wed February 22, 2017
Like Lance Armstrong, Hank Greenberg denied any fraud for years at AIG.
Now he admits to fraud and is going to pay a $9 M settlement. The case was originally filed in 2005.
Wed Feb 22 2017
You must live in the present, launch your self on every wave, find your eternity in each moment, there is no other life but this
Henry David Thoreau
Tuesday Feb 21 2017
First it was the investigation of the President of South Korea.
Now the defacto head of Samsung has been arrested.
this scandal will likely not conclude quick enough for a research project this year, but might be one for the 2018 SRS.
This continues the pattern of world leaders falling to negative social mood or outright impeachment as in Brazil.
Tuesday Feb 21 2017
Following our last post on robots, now we have the first personal hovercraft.
Designed by a Russian firm, it combines drone technology with electricity to fly for 27 minutes.
Sure beats walking through a mine field, don't you think!
Tuesday Feb 21, 2017
Given the use of drones in the military, further robotization is taking place.
Everything from legal documents to fighting ships is coming in for scrutiny.
A new destroyer uses half the crew of a previous ship. Unmanned ship s and drones are seen patrolling dangerous areas.
And here is another ad for a 3 D Scanner.
Wed Feb 15 2017
Wed Feb 15 2017
Wed February 15 2017
Companies must perform impairment tests on assets. If the future undiscounted cash flows are less than book value, the asset is written down.
Now read about the massive $6.3 Billion Write Down at Toshiba.
And this comes on the heels of another accounting scandal just two years ago.
This would make a good accounting research topic for SRS in May.
Professor Elam 