Farewell to Austin Groothuis
First of all, it’s pronounced “GREAT-house”, not “grue-THEW-ee-us”.
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First of all, it’s pronounced “GREAT-house”, not “grue-THEW-ee-us”.
There are over 140,000* law students in the 201 ABA accredited law schools in the US. According to the Public Interest Research Group (PIRG), higher education students spend an average of $1100 per year on books.
This Aviation lesson explores the liability of air traffic controllers when damage is caused under the direction of these federal employees.
This lesson guides the user through Minnesota Secondary Sources.
The 2011-2012 school year was a landmark year at CALI. I am, of course, thinking of the fact that we were founded 30 years ago, but 2012 is significant in more ways than an anniversary that happens to end with a zero. This year CALI:
This lesson will teach you the sometimes confusing rules governing negotiation of instruments under Article 3 of the UCC. Among other things, you will learn what one needs to do to become a holder of an instrument, how instruments are negotiated, and what is necessary for an effective indorsement. If you are already familiar with this material, the lesson can be completed quickly, giving you a good pre-exam review and pointing out any weaknesses in your knowledge.
We just published our 900th CALI Lesson on cali.org! The 900th lesson was Professor Steve Bradford’s “Inventory and the Cost of Goods Sold.” This is a true milestone for CALI. Congratulations to Professor Bradford on another great lesson, and to each of our lesson authors.
This lesson discusses the lower-of-cost-or-market rule that sometimes requires the book value of inventory to be reduced to its market value. Before taking this lesson, you should already be familiar with the basic accounting rules that govern inventory. Another lesson, Inventory and the Cost of Goods Sold, covers those basic concepts.
This lesson discusses the accounting treatment of inventory: how to value inventory on the balance sheet, inventory as an expense (the cost of goods sold), and different methods of determining the cost of goods sold. It does not cover the lower-of-cost-or-market rule, which is dealt with in a separate lesson.
On completion of the lesson, the student will be able to:
This lesson discusses the different methods of calculating depreciation expense. Students who take this lesson should already be familiar with the basic concept of depreciation. If you are not, you should first take the companion lesson, An Introduction to Depreciation.