Part 1 – “A Dream of Future Wealth” - Session 2

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Table of contents

Part 1 – “A Dream of Future Wealth” - Session 2

Recap of Session 1

Learning Outcomes from Session 1

Model 105 - Profit, Assets and Cash

The Difference between Profit and Cash Flow

Model 105 - Summarising Profit, Assets and Cash

Delay Longer for Receipts than Payments

Delay Longer for Payments than Receipts

Why Have we Called a Tank “Assumed Assets”?

Model 105 – Test Paper

Model 106 - Introducing Stock

Model 106 - Introduction

Model 106 - Introducing Stock to the Simulation

Model 106 – Numeric Schedules

Recap on Model 105

Definitions - 1

Definitions - 2

Model 106 – Test Paper

Model 107 - Fixed Assets

Model 107 - Introduction

Model 107 – Introducing Fixed Assets

Spend on Capital and Depreciation

Expenses and Operating Profit

Model 107 – Numeric Reports

Model 107 – Test Paper

Model 108 - A Retailer's Accounting Framework

Simplifications So Far

Model 108 - A Retailer

Issuing Share Capital

Interest and Tax Rate

Making an Investment

Paying Your First Dividend

Retailer in Full Swing

Model 108 – Numeric Reports

Model 108 – A New Business Scenario

Choosing your Strategy

Initial Business Planning for Part 2

Recap: Undistributed Profits

Simplifications to Be Removed in Part 2

Model 108 – Test Paper

Model 109 - The Critical Financial Flows

Capital, Cash and Assets

Model 109 - Financial Flows

Initial Funding

Starting the Business

Trading Profitably

Generating Cash

Paying a Dividend

Generating Profit but Consuming Cash

Model 109 – Numeric Reports

Model 109 – Test Paper

Learning Outcomes from Part 1

Learning Outcomes So Far

Preview of Part 2

Part 1 Assessment