Curated OER
Income Statement
Learners 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. In 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
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 instructional activity, they practice reading a...
Curated OER
Economic Activity and Markets
Students 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
Learners 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
Young scholars 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. Young...
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...