Lesson 17 paragaph 5.1

• Economie
• Middelbare school
• havo
• Leerjaar 3

Welcome T3!

Economics: lesson 17

Today: start CH5

Chapter 5: The value of a company

Paragraph 5.1: What do you need?

1.  Lesson goals 

2. Short explanation 

3. Time for the homework 

Lesson goals

1. You can explain the use of a balance sheet and draw a simple balance sheet up.

2. You can explain the difference between fixed and current assets, and give examples.

Next lesson:

3. You can give examples of liquid assets.

Inventory

Assets that are not for sale, like display furniture, desks, and mannequins

Also called <span style="font-style: italic">debtors.</span>&nbsp;These are people who bought a product but did not pay for it yet. The company will still receive this money.&nbsp;

Liquid assets

An asset that can be converted into cash quickly, so a company can use it to pay its obligations.

Minigame

The company sells goods with a value of €500 the consumer pays afterwards.  What happens on the balans sheet? 

Minigame

The company  purchases goods for €1000. What happens on the balans sheet? 

Minigame

The company's car broke down what happenes on the balance sheet?

Minigame

The company sells goods for €9,000,- With the €4,000,- profit they buy new goods in stock with a value of €2,000,-  What happens?

Lesson goals

1. You can explain the use of a balance sheet and draw a simple balance sheet up.

2. You can explain the difference between fixed and current assets, and give examples.

3. You can give examples of liquid assets.

Let's get down to business!

• What: Do exercises 1-10 of paragraph 5.1

• With whom: Your neigbour

• Purpose: L2 goal: Practise administration English + accomplish the lesson goals

• Done?: Work on another subject