M1A1 Discussion

M1 Assignment 1 Discussion

Elepise Ailima posted Mar 16, 2018 10:15 PM

Hi Class and Professor Merritt,

My name is Elepise Lindsay Ailima and I would like to be called by my middle name “Lindsay”. I am currently working for Waterfall Canyon Academy as a youth worker. I am from American Samoa but currently I reside in Utah and I am here for family matter. I am a big fan of sports. I love to dance and play sports.  What I hope to accomplish at the end of this course is how to make an investment decision, learn more in depth about NPV, payback period and IRR.

Money has a time value because it can be used to invested to make more money. In capital budgeting there are two most important concept that we must understand when it comes to money, present value and future value of money. A dollar receive today is worth more than a dollar receives in the future because of variables such as interest rate and inflation.  I hope to learn more about capital budgeting within the next 5 weeks. I am excited to be in this class and looking forward to work with everyone in this class.

Regards

Lindsay

Peer 2

Hello Everyone!!

My name is Jiaying Wang. I am a 23-year-old, and I live in American Samoa. I graduated from ASCC (American Samoa Community College) in the year of 2016 on my Associate of Science Degree for Business Management and Accounting. I hope through this course I will learn more knowledge about management and to get my Bachelor Degree in Business Administration. I’m a Math tutor, work part time. My interests include reading, traveling and cooking. Through what I learned in accounting class, I learned the capital budget determines the long-term investment of the company's capital for operations. The ultimate return on planning machinery, real estate and new technology investments are all examples of capital budgets. Money has a time value, when the expected return on investment in cash is positive, the cash value received in the future is lower than the cash received today because the cash invested today may be less than the future amount. Therefore, the present value of the future cash flow is less than the amount received in the future. The future value of the cash flow invested in the previous period is more than the amount invested in the past. I will do my best in this course and to learn something new knowledge about accounting. I look forward to learning from all of you in this class.

Thank you! Jiaying Wang