Next Course: Strategy -> Accounting!
Tomorrow I start accounting, which is actually more interesting than I thought, since I'm finally learning the conventions that are used in income statements and balance sheets.
Up until now those numbers have not really made sense but today in the text I came across terms like Price/Earning ratios and dividend/yield ratios and am starting to learn the basic vocabulary of accounting.
It's also comforting to know that for every "left" transaction there is always a "right" transaction meaning that you can sort of check yourself as you go along.
I'm practicing these things manually but doing them on Excel to make sure that the numbers add up is also a lot of fun. I would hate to have to deal with the millions of transaction that real accountants have to deal with, though ...!
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