Sunday, March 20, 2016

Week 10 reading reflection

1) What surprised me most about the reading was that they referred to taxes as a liability. After taking numerous accounting classes you would think I would of heard that by now but this was the first time I had ever heard them be classified as that.
2) The thing that confused me the most is the break even point section. I have always struggled in my classes to find the break even point using calculations but am hopeful that I will master it.
3) What budget strategy would you use when beginning a venture? I did not really have many questions since I am very familiar with the subject.
4) I did not disagree with anything the author talked about but would love to hear more about why Taxes are liabilities to him.

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