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Make A Statement
A uniquely effective and useful teaching tool is the ability to simulate real business activity with immediate results. Presented with a model company you can:
Sell goods Sell a building Buy supplies Borrow money Increase salaries Pay a bill For each transaction the new results are instantly displayed, including an updated balance sheet, income statement, statement of cash flows and key ratios display. These “what if” exercises often yield surprising results and new learning.
Now you are ready for some serious entrepreneurial endeavors:
Enter your personal financial statement Create a mythical company Analyze your own statements
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