Bus 231: Bus 231

Learn about the significance of Retained Earnings in a company's financial structure. Understand how Retained Earnings fit into different financial statements. Grasp the distinction between major financial statements and their roles.

Explore the intricacies of overhead costs in business accounting. Understand the differences between underapplied and overapplied overhead and their impacts on the Cost of Goods Sold. Gain insights into enhancing financial report accuracy through overhead adjustments.

Explore the financial decisions of Longhorn Corporation in its debut year. Understand how net income distribution affects stockholders and the significance of retained earnings in maintaining company growth.

Explore logrolling, the exchange of reciprocal support in politics. Understand how it fosters collaboration yet can hinder policy efficiency. The balance between gaining support and ensuring transparency is crucial in this political maneuver.

Explore the classification of Property, Plant, and Equipment (PPE) in business accounting. Understand the difference between tangible, intangible, and current assets. Grasp the importance of PPE on a company's balance sheet.

Unpack the intricacies of collaboration within supply chain organizations. Explore the various types, from strategic to sustainability collaboration. Understand their significance in improving performance and enhancing competitiveness.