WEEKLY SUMMARY
Please provide a brief (2 to 3 paragraphs) report to the class, summarizing the following:
1. what you have learned as a result of your reading, research
Although we only had two chapters this week, it was very dense and interesting material.
But, I think I will sum up this week’s readings from pointing out some interesting things I
learned from each Chapter. In Chapter four, that money transactions arent’t always immediate.
According to Ehrhardt & Brigham (2017), “dollars paid or received at two different points in
time are different, and this difference is dealth with using time value of money (TVM )analysis”
(p.181). Essentially the whole chapter broke down how to figure all of the different types of
circumstances in which this would happen, such as looking at the present and future value of
annuities. There are even annuities with perpetuity, which is, “an annuity with an infinite
number of payments” (Ehrhardt & Brigham, 2017, p.182).
In Chapter 16, the focus was more on supply chains and working capital management.
Ehrhardt & Brigham (2017) state that, “a supply chain consists of networks of organizations that
convert materials and labor into products or services that ultimately are purchased by customers”
(p.656). This is a more complex style of management because it require communication all the
way throughout the chain. That even includes, “retailers (where consumers make purchases) to
wholesalers, to manufacturers, to suppliers, and even back to the suppliers’ suppliers”(Ehrhardt
