First, this class has been a challenge almost every week so far. It is difficult to understand some of the equations required to solve the problems, but once I can locate them and add on to the Excel sheet that I have been working out of it seems to make the tasks a little easier. I have also found that the additional student resources Word document, with links to Excel sheets for each week's problems, has been useful although they focus on starting the problem from the beginning or having all of the information to plug in. Each tab pulls data from the previous and it is rather difficult to break any of them to use for only certain situations or formulas. Overall, the most challenging part for me over the last few weeks' lessons is just understanding the financial statements. Understanding a balance sheet gives us a perspective on a business or a household position financially because it reflects flows of financial activity concerning all assets and all liabilities. It gives the firm or the household the opportunity to reevaluate their expenses (Carlson, 1991). By understanding this rule, I understood that Assets will ALWAYS equal Liabilities and Owner/Stockbroker's Equity