To Do

1. Introduction to Accounting
   1. Three Main Financial Accounting Documents
   2. Accounting Ratios
2. Time Value of Money
   1. The Basics of Exponential Discounting
   2. Common Patterns
   3. Decomposition
   4. Time Shifting
3. Loans
   1. Introduction to Loans
   2. Effective Interest Rates
   3. Calculations Relating to Loans
      1. Calculations relating to variable rate loans Matt Willis
   4. Points
4. Investment Criteria
   1. Introduction to Criteria
   2. The Basic Environments
   3. Present Worth Criteria
   4. Annual Worth Criteria
   5. Internal Rate of Return Criteria
5. Depreciation
   1. Depreciation in General
   2. Historical Methods
   3. MACRS
      1. Need details on why the salvage assumptions, method and measure lives all provide advantages vs the prior systems. Dennis Huff
6. Taxation
   1. The Scale of Taxation
   2. Organization
   3. Effects on Incentives to Replace an Asset
      1. The existing case is pretty bad. I would like examples, mostly talking about asset replacement, about why we keep things around for longer in a personal context than we do in a business context and why it makes financial sense. Tyler Cope
   4. Effects on Incentives to Borrow
      1. A detailed description with an example of how interest reduces taxable income and how it is possible to borrow at a rate higher than MARR and still be better off. Hyun Chan Kim
   5. Depreciation Recapture
7. Income Statement - Cash Flow Statement Form
   1. These should be valuable for those working on essential question four. Brainstorm a way to integrate this page more tightly with the example essential four questions on scribd.
8. Cost Estimation
   1. Create a good outline of what should be in your cost estimate lab book, how to gather the material as well as some links and personal ideas on how to do it.
   2. Good write ups of the critical questions to look at in your lab book and how you should react to what you find.
9. Capital Budgeting
   1. The New Environments
      1. Links to other resources on these topics with a precis on what the link shows and how it is related.
   2. Choice in Increasing Cost of Funds
      1. Write up of the algorithm with an example.Khoa Nguyen
   3. Choice in Capital Budgeting
      1. Write up of the algorithm with a example Michelle Chu
10. Single Period Choice
11. Inflation Vitaliy Tkachuk

12. Inflation on Investment Decisions Through Gains Tax
13. Decision Making Under Uncertainty