We have to hand in our accounting project tomorrow, and I think I am done with it. I might take a tiny peek tomorrow before I submit it, just in case...
We had to analyze the financial reports of two companies, churn out some ratios and discuss our findings. I chose Hershey's and Kellogg's. Initially, I was falling asleep reading these reports. However I have to admit I actually learned something new, and I actually felt like I used my whole brain. I had to really think, instead of coasting (which is what I have been doing).
I had no clue that ethanol prices affected my weekly grocery bill – Did you? Apparently corn farmers are planting ‘fuel crops’ rather than ‘food crops’. 2 weeks ago, I wouldn’t have known what a ‘fuel crop’ was!
The more I delved into these reports, the more interesting it got. It was like a story (okay, not as interesting as fiction) however it was still quite fascinating. A company going through and explaining what they did right and what they did wrong, assessing the past and trying to forecast the future.
At the end of it, I realized that this is pretty cool. It's weird - I actually had an opinion about each company. I guess this is a good thing, considering this is one of my career options post MBA. For the record, I like Kellogg's - solid company! However Hershey’s is yummier!
Wednesday, July 25, 2007
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2 comments:
My dear Miss Jones....as always, behind the times re: current news. ie. the energy crisis is a big deal. Alternatives have been in the mind of many for decades (actually in the roaring twenties, would you believe, the concept of running a vehicle with vegetable oil was first invented!).
Of course, I must concede, my ear has access to a couple of farming communities, in S. Ontario and SK. It is quite fascinating to learn where farmers are choosing to go re: cash crop choices. Wheat is just not the player it used to be.
Hey, here's an idea...a road trip to visit farms! Farmers LOVE to chat!! Could learn more about this fascinating trend away from traditional crops.
~eb
Lizzie, yes,I know nothing about science, politics...if you need business/money advice though...
Okay, let me make it clear, i am a CITY girl, and there will be NO roadtrips to talk to farmers....unless they'd like to serve us some organically grown food, and wine from their vineyard. ;)
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