Curated OER
Income Statement
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
Curated OER
Preparing an Income Statement
Tenth graders discuss the contents of income statements. For this accounting lesson, 10th graders are introduced to the parts of an income statement. Students practice filling out the four parts of an income statement, and...
Curated OER
Accounting Monopoly
Students use Monopoly to review the accounting cycle. They create their own transactions while playing Monopoly. Students produce the financial statements that will match the transactions of the game.
Curated OER
Accounting -- Financial Statements for a Partnership
Students engage in an introduction of financial statements for a partnership set up as a merchandising business. They review the need of financial statements and how to effectively read/use financial statements.
Curated OER
Financial Statements For A Proprietorship
Students are introduced to how to successfully set up a propietorship. Individually, they complete a pre- and post-quiz to determine how much they know about the material. To end the lesson plan, they practice reading a financial...
Curated OER
Economic Activity and Markets
Learners identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
Visa
Nothing But Net: Understanding Your Take Home Pay
Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social...
Curated OER
Jesse's Ice Cream Stand
Pupils discover ways to earn money through business. They explain how to calculate profit using an income statement and evaluate the best price to scoop size combination for profit. They discuss business opportunities for teens.
Curated OER
Small Busines Schemes
Students investigate a small business and its profitability. In pairs, as they research a business adventure, students consider the capital outlay, maintenance, office space, prices, insurance, and profit and loss statements. Students...
Curated OER
ESL: Business Expressions
In this ESL business expressions learning exercise, students choose the phrase that best fills in a blank in a sentence. Phrases are business idioms and statements.
Curated OER
How Do You Analyze a Corporation?
Students analyze corporation whose stock they may consider buying for the Global Stock Game (GSG).
Curated OER
How Do You Analyze a Corporation?
Students find out how to use annual reports to analyze a corporation whose stock they may buy for the Global Stock Game. They read the investor information section, which provides detailed information about the company's products and...
McGraw Hill
Glencoe Corporation: Income Statement Case Study
This case study uses information from the Disney company to reinforce knowledge about corporation income statements. Additional activities in this case require Internet research.
Wolters Kluwer
Business Owner's Toolkit: Income Statement (Profit and Loss) Worksheet
This resource contains a brief description of what an income statement is and how it can benefit your business. Download an income statement template to use for your own business.
Other
Rulemaker Portfolio: The Most Important Financial Statement
This article, from September, 1999, proposes that analyzing cash flow is a better measure of a company's stock than analyzing net income. Examples are given from the stock exchange.
Leaf Group
E How: How to Write a Financial Analysis Paper
This article by Gerald Hanks focuses on what is involved in a financial analysis report which is used to determine if a company can deliver a solid return on investment.