Package 1: Basic & Fundamental Concepts

Our basic concepts will allow you to learn and gain the fundamental knowledge that you must master before the advanced content. We answer all the rarely answered "WHY" questions - "why do we do this, why do we do that" – instead of answering: "well, just because" or "that's the way it's always been done," we actually clearly and easily explain the logic of why and how not just the what. Whether you are an economics or liberal arts major or a business/finance major looking to summarize the critical 30 pages in that 400 page textbook, our Basic & Fundamental course modules will quickly set the proper foundation for you to excel.


Last 10 posts

Cash Flow Statement: Future Minimum Cash Payments
Hi, during the 'How to Analyze a 10K' portion of my course, Mr. Lin mentions, "future minimum cash payments must be reflected on the cash flow statement." I'm curious where this would be included. Thanks so much for the help!
Go to post added 8 months ago
Question about Change in Comprehensive Income
Hi Mr. Lin, for the change in Comprehensive Income, you include (from the S/H - EQ section of the 10K): $963 (unrealized gain on derivative contracts, net of deferred tax expense of $643) and $678 (Other). Why don't you include $502 from the Balance Sheet (unrealized loss on interest rate swaps)?
Go to post added 8 months ago
Control D
when you used control d to paste down, then had to underline the bottom cell, if you used paste special - formulas instead, the bottom cell would still be underlined
Go to post added 2 years ago
2008 Diluted EPS
That number should be 3.34, not 3.33. this changes the growth rate from the erroneous 10.5% in the video to the correct 10.2%
Go to post added 2 years ago
Control R vs Paste Special
Why use Control R over Paste Special when pasting to the right? Control R may paste over some unwanted stuff or remove borders. For example, for Diluted EPS growth if you'd pasted it in it removes the bottom borders. I know you redid the formulas for that one, but Paste Special Formulas worked perfe... Read More
Go to post added 2 years ago
Costco Interest Expense
For TGT and WMT, interest expense was taken as the gross total (including interest income). But, for COST only interest expense is included. Should that number be 144 instead of 34? (143.533 rounded, which is the interest expense (34,437) and interest income (109,096) summed to get gross interest)
Go to post added 2 years ago
Location of additional file that is referened?
Hello, Where can I find the exhibit for changes in NWC that Hamilton refers to? I can't seem to find it.
Go to post added 2 years ago
How to Analyze a 10K: Bear Stearns example
Hi, I just had a concept in the Bear Stearns example in the “How to Analyze a 10K” module that I would like clarification on. From my understanding, Bear Stearns’ footnotes described that there were around 100MM outstanding shares of common stock, but within its footnotes they had describ... Read More
Go to post added 3 years ago
End of Year vs Beginning of Year
Looking for clarity. We input $352,541 for the 2006 total revenue column, however it is listed under the 01/2007 row of the forecast document. Is it because $352,541 represents the total revenue for the entire 2006? The 01/2007 row would then represent the end of 2006.
Go to post added 4 years ago
Corporate Tax Rate
Hasn't the corporate tax rate dropped to 20% under the Trump administration?
Go to post added 6 years ago