Getting Off To A Good Start
I held my first Financial Accounting class of the semester today. My classes are 50 minutes long and half of that time must be used up on the first day going through the course outline to make sure everyone knows the mechanical stuff. Consequently, we only got in about 25 minutes of real accounting today. When I started discussing financial accounting, I opened with the following question: “I was listening to National Public Radio yesterday morning and some expert made the assertion ‘I think 2010 will be a great year for Apple.’ On hearing this, I said to myself ‘now, that is really interesting’ and started to smile.” Why would such an innocuous statement have any effect on me at all?” Because I had sent out information from the textbook 2-3 weeks ahead, I wasn’t surprised that the first student asserted: “you will start thinking about the possibility of buying some of the ownership shares of Apple so that you can benefit from the company’s upcoming good year?” That lead to ...