Lesson 17 paragaph 5.1

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Economics: lesson 17


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EconomieMiddelbare schoolhavoLeerjaar 3

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Economics: lesson 17


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Today: start CH5
Chapter 5: The value of a company
Paragraph 5.1: What do you need?

1.  Lesson goals 
2. Short explanation 
3. Time for the homework 

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Lesson goals
1. You can explain the use of a balance sheet and draw a simple balance sheet up.
2. You can explain the difference between fixed and current assets, and give examples.

Next lesson:
3. You can give examples of liquid assets.

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Inventory
Assets that are not for sale, like display furniture, desks, and mannequins
Also called debtors. These are people who bought a product but did not pay for it yet. The company will still receive this money. 

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Liquid assets
An asset that can be converted into cash quickly, so a company can use it to pay its obligations.

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Minigame
The company sells goods with a value of €500 the consumer pays afterwards.  What happens on the balans sheet? 






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Minigame
The company  purchases goods for €1000. What happens on the balans sheet? 






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Minigame
The company's car broke down what happenes on the balance sheet?






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Minigame
The company sells goods for €9,000,- With the €4,000,- profit they buy new goods in stock with a value of €2,000,-  What happens?






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Lesson goals
1. You can explain the use of a balance sheet and draw a simple balance sheet up.
2. You can explain the difference between fixed and current assets, and give examples.
3. You can give examples of liquid assets.

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Let's get down to business!
• What: Do exercises 1-10 of paragraph 5.1

• With whom: Your neigbour
• Purpose: L2 goal: Practise administration English + accomplish the lesson goals

• Done?: Work on another subject

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