Sunday, March 20, 2016

Week 10 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 
This week’s reading was about the financial side of entrepreneurship, the numbers.  There wasn’t really anything that was surprising as I have had many classes on accounting.  Reading the section on “Watching your Accounts Receivables” was interesting seeing how accounts receivables was handled.
2) Identify at least one part of the reading that was confusing to you.
The regression analysis can be confusing to me.  I thought the book did a good job explaining it.
3) If you were able to ask two questions to the author, what would you ask? Why?
a.  I would like a little more information on the Internal rate of return method.
b. I thought the rest of the chapter was pretty easy to comprehend. Accounting is a necessity in business and knowing how to read the reports is a requirement.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
This was a very good reading on money for the entrepreneur.  I thought the author was right on with everything written.

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