2004 Annual Meeting

Poster Session 29:
The World Baseball League (WBL)—
A Financial-Reporting-Based
Competitive Learning Activity

Presenter:
Ian R. Hutchinson, Acadia University

Description:
This poster presentation describes a two-session-long Excel®-based learning activity that has students competing as managers of companies that own professional baseball teams.

As a result of participating in the competition students will be able to:

  1. Understand the interrelationships between management decisions and financial statement results.
  2. Describe the difference between investing, financing and operating decisions.
  3. Comprehend the interrelationships within and between financial statements.
  4. Describe the difference between net income and cash from operating activities.
  5. Calculate the impact of financial leverage on a company's return on shareholders' equity.
  6. Prepare simple financial statement forecasts.

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