Recent Tutoring Session Reviews
"Completed an accounting exam. Reviewed Indirect Cash Flow Statement calculation, Bond traits, Income Statement, Balance Sheet, and Stockholders Equity relationships."
"Concepts covered in this session included direct cost, direct material, and manufacturing overhead cost accounting. The textbook was the major resource used in this session, and we also attempted to answer some assignment questions the student had. The student agreed to review and study further and alert me if further sessions need to be scheduled to go over the remaining concepts that we couldn't cover today."
"The student and I worked through another practice assessment in business statistics, and the topic of focus was on ANOVA tests (analysis of variance procedures), including the evaluation of the null and alternative hypothesis, the construction of the full tables (focusing on one-way ANOVA and the randomized block ANOVA), the calculation of the F-statistic and critical F, and conclusions. One area of clarification we learned was that for the block ANOVA, the degrees of freedom (to utilize when looking up the critical F) are d-between & d-error; however, for the block analysis, the degrees of freedom are d-block & d-error. The student did an excellent job, earning a grade in the 90s."
"The student and I reviewed 3 accounting homework problems. The problems pertained to capital investments and the decision methodology applied to reach a decision. More specifically, we reviewed and worked with the concepts of payback period and ARR (accounting rate of return). The three problems asked that these concepts be applied to various investment opportunities. He felt that he was understanding the concepts better now, and that he would be prepared to use them during the upcoming examination next week."
"We covered linear programming using Excel Solver. We work through several problems to find the optimal solutions and then used the sensitivity report to answer a series of related questions. The student needed help setting up the problems but was able to interpret the results fairly well."
"We covered supply shifts, market equilibrium, shortages and surpluses, and I introduced the idea of showing shifts on the market equilibrium graph. That's a good day's work! I am going to send a link to a series of videos that will explain drawing curve shifts very well, so we can do practice problems next time. This is a critical concept in AP econ."