ARE 5.0 FINANCIAL FORMULA COURSE
What is this?
It's an in-depth look at 25 financial terms you need to know for PCM and PJM. Definitions, formulas, additional information, practice problems and more.
What's included:
See the full list of topics below. Here are the highlights:
- Glossary of 25 of the most common financial terms you might encounter.
- Sample financial statements from a fictitious architecture firm
- Individual page for each financial terms with definitions, formulas, related terms, sample problem(s), additional discussion information and curated links to websites, blogs and videos.
- Video answers for the sample problems for each term.
COURSE LESSONS
- Required Financial Documents
- Glossary of Financial Terms
- Net Operating Revenue (7:44)
- Direct Labor (3:35)
- Indirect Labor (5:07)
- Total Labor (2:30)
- Direct Expenses (4:37)
- Indirect Expenses (2:56)
- Total Expenses (1:36)
- Net Profit (4:24)
- Accounts Receivable (1:44)
- Backlog (2:26)
- Utilization Rate (7:06)
- Overhead Rate (8:11)
- Break Even Rate (8:11)
- Net Multiplier (4:53)
- Profit-To-Earnings Ratio
- Net Revenue Per Employee (3:01)
- Aged Accounts Receivable (5:35)
- Revenue Factor (6:39)
- Return on Overhead (2:55)
- Current Earnings (3:18)
- Current Assets (4:18)
- Current Liabilities (2:41)
- Long-Term Liabilities (1:11)
- Equity (2:12)
- Liquidity (Quick/Current Ratios) (4:04)
- Levearge
- Return on Equity
"Hyperfine is the only other third-party exam prep material besides Amber Book that I recommend. It engages you with open-ended questions and prompts you to research the answers on your own."
Michael Ermann
Creator of Amber Book
SOME LOVE
"Your PCM/PJM assignments were very helpful alone, but that Financial Course THOUGH!!!
Seriously a life changer. It helped me understand every bit of information better. Not sure I would've passed without that one resource."
- Victoria from Tennessee
Note:
This Financial Course is included within the PcM/PjM study assignments course!
OTHER HYPERFINE COURSES
COURSE CONTENT
See the Course Lessons section above for the entire curriculum and some free samples. The entire list of assignment financial terms is right here:
- Net Operating Revenue
- Direct Labor
- Indirect Labor
- Total Labor
- Direct Expenses
- Indirect Expenses
- Total Expenses
- Net Profit
- Accounts Receivable
- Backlog
- Utilization Rate
- Overhead Rate
- Break Even Rate
- Net Multiplier
- Net Revenue per Employee
- Aged Accounts Receivable
- Revenue Factor
- Return on Overhead
- Current Earnings
- Current Assets
- Current Liabilities
- Long-Term Liabilities
- Equity
- Liquidity (Quick / Current Ratios)
- Leverage
- Return on Equity
ALL THE LOVE
Hey Ben! wanted to tell you I passed 3 exams last year just doing Hyperfine. Programming & Analysis, Project Management, and Construction Evaluation. I'm currently studying for PPD and PDD.
-Joseph B.
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- Brian F.
I want to let you know I passed all exams and am now a registered architect in Texas. Thank you for the study material.
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-John F.
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I'm now a licensed architect! Thank you for being a part of my journey!
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I passed PDD yesterday. I have now passed all six divisions on the first shot, thanks in part to your course and to the Designerhacks practice quizzes and tests.
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Thank you Ben, I passed my last two - PPD and PDD with the help of your practice exams.
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I passed my final ARE over the weekend. Thank you for the courses!
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I want to thank you for Hyperfine. Your material became daily assignments for me, and it helped me to see the study material applied to actual questions. Also, thanks very much for your encouraging words at the beginning of every week. I have already passed all my exams! Thank You!
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Just want to share that I've passed all divisions of the ARE as of 9/4/22. I purchased your course in March 2021 for my birthday. Started testing in September 2021 and finished in September 2022. 5 divisions total (I had a credit for C&E from 4.0). Offering my thanks. The course is gold and absolutely helped me pass these exams. Thanks again.
-Jeremy C.
I was just looking at your website to see if you had any CSE material and I realized how much your study materials and videos helped me throughout the ARE process. I just wanted to reach out and say thank you for always being so responsive and always trying to make your content better. I used your study materials for almost all of my exams. I think after my first exam(PJM) I started using Hyperfine. I finally passed PDD on May 4th and I'm just mustering up the energy now to start studying for my California Supplemental Exam. Thank you so so much!!!
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I also passed my exam.
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I just wanted to let you know that thanks to your courses I passed PPD, PA, and PDD in the last few months and am now finally done! I've also passed the CSE and am now a licensed California Architect! Finally!!!Thank you very much for putting together these courses and resources, I found them very helpful and have been recommending them to others on the same journey.
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-James Y.
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PASSED and am DONE! Thank you!
-Sim J.
I just passed PA this morning. I'm now 4 for 4. I've passed Pjm, Pcm, CE, and PA. Thanks for the great study guides!!
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-Rachel H.
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Thank you again
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