Fwd: accounting homework

[Sixiao Guo]

Hey guys -

 

For tomorrow's meeting from 2:30-4:30, should we go over the Accounting HW first, then do the Stats HW, that way Orkun can sit in on the accounting portion and then leave when we move onto Stats.

 

As usual, let's have everyone try the hw first to maximize time.

 

I have a meeting from 2:30-3:15, so I'll be a bit late.

 

Sho

---------- Forwarded message ----------
From: Yan, Claire <claire....@anderson.ucla.edu>
Date: Sun, Nov 21, 2010 at 4:42 PM
Subject: accounting homework
To: "Goot, Dustin A." <dustin.g...@anderson.ucla.edu>, zedeves_fwd <daniel...@gmail.com>, "Guo, Sixiao" <sixiao....@anderson.ucla.edu>


Hi Guys,

I am so sorry that I just finished the accounting homework. I flew back to LA midnight last night and it took me the whole day to try to catch up with accounting and watch the recorded lecture, etc. So just finished the homework. I didn't quite know how to do question 6), so I left it blank. I will think about it tonight and we can discuss it tomorrow afternoon during meeting. I am really not sure about my answers. Hopefully, we can get through this hard time together.

Thanks a lot for doing the econ homework and sorry that I didn't input much at all.

Regards,

--
MBA Class of 2012
UCLA Anderson | School of Management
T: (510) 520-9056
E: sixiao....@anderson.ucla.edu

[Dustin Goot]

Sounds perfect. I actually missed stats Friday. Was anything covered that would be important to know for the case?

[Daniel Zarovy]

Dustin & Claire,

I think Friday's class was somewhat helpful for hints about the case.  He talked about modifying raw data to help make it statistically significant.

If you look at your real estate case, you'll see a page of data.  Here's how he coverted that data:

Rent -> Changed to Rent/Sqr Ft because I guess sqr ft is industry standard
Years -> 1/(1+Yrs) - He did this instead of using Log because Log can work with zeros.  He added 1 in the denominator to prevent dividing by zero.
Distance -> 1/(1+Distance) - same logic as Years
Office -> Office/Feet
Load -> 0 or 1
Lot -> Lot/ft^2 - He divided by ft^2 to reduce "multicollineanty" which means that 2 factors may be related and my make them seem more significant than they are.  In this case, a large building will also have a large lot, so dividing by ft^2 gives us more of a proportion.
Parking/ft^2

Seasonality can be addressed by creating an index.  They give an index in the Harmon case so I think that makes it easier.  He also talked about accounting for Lagged Effects (i.e. running advertisements in one month will affect that month and the following month) which we'll have to consider in our case although I'm not totally sure how to apply them.

That's a rough recap.  If that doesn't make sense, feel free to call me and I can try to clarify it.

Later,
Daniel

[Sixiao Guo]

Claire - I looked over the accounting hw, and I got the same for most questions. I too wasn't sure about #6.

 

A couple notes:

 

Q1: What is the average useful life of PP&E: You're answer is probably the correct one, but what I did was 1/8.8% = 11.36 years (average useful life)

 

Q5: It asks how capital leases would be reported on the balance sheet:

So I argree in what you wrote, but COGS and Interest income don't affect the balance sheet. Should we include something that states that.

 

Otherwise, looks great! Thanks for taking the lead on this one.

 

On Sun, Nov 21, 2010 at 4:51 PM, Sixiao Guo <sixiao....@anderson.ucla.edu> wrote:

[Yilmaz, Orkun]

Acc Hw last version!
________________________________________
From: anderson2012se...@googlegroups.com [anderson2012se...@googlegroups.com] On Behalf Of Sixiao Guo [sixiao....@anderson.ucla.edu]
Sent: Sunday, November 21, 2010 7:40 PM
To: anderson2012se...@googlegroups.com
Subject: Re: accounting homework

Claire - I looked over the accounting hw, and I got the same for most questions. I too wasn't sure about #6.

A couple notes:

Q1: What is the average useful life of PP&E: You're answer is probably the correct one, but what I did was 1/8.8% = 11.36 years (average useful life)

Q5: It asks how capital leases would be reported on the balance sheet:
So I argree in what you wrote, but COGS and Interest income don't affect the balance sheet. Should we include something that states that.

Otherwise, looks great! Thanks for taking the lead on this one.

On Sun, Nov 21, 2010 at 4:51 PM, Sixiao Guo <sixiao....@anderson.ucla.edu<mailto:sixiao....@anderson.ucla.edu>> wrote:
Hey guys -

For tomorrow's meeting from 2:30-4:30, should we go over the Accounting HW first, then do the Stats HW, that way Orkun can sit in on the accounting portion and then leave when we move onto Stats.

As usual, let's have everyone try the hw first to maximize time.

I have a meeting from 2:30-3:15, so I'll be a bit late.

Sho

---------- Forwarded message ----------
From: Yan, Claire <claire....@anderson.ucla.edu<mailto:claire....@anderson.ucla.edu>>
Date: Sun, Nov 21, 2010 at 4:42 PM
Subject: accounting homework
To: "Goot, Dustin A." <dustin.g...@anderson.ucla.edu<mailto:dustin.g...@anderson.ucla.edu>>, zedeves_fwd <daniel...@gmail.com<mailto:daniel...@gmail.com>>, "Guo, Sixiao" <sixiao....@anderson.ucla.edu<mailto:sixiao....@anderson.ucla.edu>>

Hi Guys,

I am so sorry that I just finished the accounting homework. I flew back to LA midnight last night and it took me the whole day to try to catch up with accounting and watch the recorded lecture, etc. So just finished the homework. I didn't quite know how to do question 6), so I left it blank. I will think about it tonight and we can discuss it tomorrow afternoon during meeting. I am really not sure about my answers. Hopefully, we can get through this hard time together.

Thanks a lot for doing the econ homework and sorry that I didn't input much at all.

Regards,

--
MBA Class of 2012
UCLA Anderson | School of Management
T: (510) 520-9056

E: sixiao....@anderson.ucla.edu<mailto:sixiao....@anderson.ucla.edu>

--
MBA Class of 2012
UCLA Anderson | School of Management
T: (510) 520-9056

E: sixiao....@anderson.ucla.edu<mailto:sixiao....@anderson.ucla.edu>