Tiếng anh chuyên ngành kế toán part 24 ppsx

... PART ONE UNDERSTANDING THE NUMBERS xi Contents Preface v Acknowledgments ix PART ONE UNDERSTANDING THE NUMBERS 1 1. Using Financial Statements ... into cash within a year). The right side shows how the assets are to be financed: partly by the bank loan and partly by your eq- uity as the owner. Pat: Now I see why it’s called a “balance sheet.” ... 353 Eugene E. Comiskey and Charles W. Mu...

Ngày tải lên: 19/08/2013, 11:10

... reporters, and others who are sup- porting or opposing any particular public issue the company’s actions affect. 14. Actual or potential joint venture partners, franchisors or franchisees, and other business ... Assets Cash and equivalents $ 4,975 $ 4,846 Short-term investments 12,261 18,952 Accounts receivable 2 ,245 3,250 Other 2,221 3,260 Total current assets $21,702 $30,308 Property and e...

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... 3 Sales $720,000 $800,000 $900,000 Less cost of goods sold 480,000 530,000 600,000 Gross profit $240 ,000 $270,000 $300,000 Less expenses Salaries $ 40,000 $ 49,600 $ 69,000 Rent 36,000 49,400 54,400 Phone ... represented a 30% return on total assets, before in- come tax, and this $36,000 was shared by three parties, as follows: 1. Long-Term Debt holders received Interest of $3,000, represent...

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... users for information on nonrecur- ring items in the above AICPA report is, no doubt, driven in part by the explo- sive growth in nonrecurring items over the past decade. The acceleration of change ... common equity. The Dupont equation above breaks the return on common equity into its three component parts: Profit Margin (Net Income/Sales), Asset Turnover (Sales/Total Assets), and Leverage...

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... expenses and losses are more numerous than nonrecurring revenues and gains. This imbalance is due in part to GAAP, which require firms to rec- ognize unrealized losses but not unrealized gains. Moreover, ... ac- counting conventions, such as the historical cost concept and conservatism, may also provide part of the explanation. Many of the nonrecurring expense or loss items involve declin...

Ngày tải lên: 19/08/2013, 11:10

... recognize its share of its investee’s loss in 2000. How- ever, there is no cash outflow on Escalon’s part associated with simply recognizing this loss in its income statement. 21 Therefore, the addition ... 1998 net income in arriving at EXHIBIT 2.16 Investing cash f lows: Escalon Medical Corporation, partial investing cash f lows section, years ended June 30. 1998 1999 2000 Cash Flows fro...

Ngày tải lên: 19/08/2013, 11:10

... million nonrecurring tax benefit, ADM’s 2000 net income would have declined to $241 million: $301 million − $60 mil- lion = $241 million. Identifying and adjusting 2000 earnings for this nonrecur- ring ... other. Notice that Bard booked a $24. 5 million gain in 1997, when it also had a restructuring charge of $44.1 million. Also, an asset write-down of $34.1 million partially offset a $48.6...

Ngày tải lên: 19/08/2013, 11:10

... allows companies to create these partnerships and share information as if they were one company. Using communications and groupware products like Lotus Notes, the partners can share information ... automati- cally, sometimes from a third party’s fulfillment center. Also, the payment is being processed electronically. The electronic payment, usually through a third-party clearance house, must...

Ngày tải lên: 19/08/2013, 11:10

... the world’s largest airline and have a dominant market share in the United States, the Justice Department has demanded that certain assets and routes be divested before approval for the deal will ... original shareholders receive shares of the bidder. In a consolidation, the firms involved become parts of an entirely new firm, with the bidder usually retaining control of the new entity. All

Ngày tải lên: 19/08/2013, 11:10

... global giant. Chrysler CEO Robert Eaton left quietly at the beginning of 2000 and there were other departures of high-level American executives. Morale suffered as employees in the U.S. realized that ... firms. An official at a rival firm simply said “This looks like a brilliant move on Mercedes-Benz’s part. ”* The stock market agreed as the two companies’ shares rose by a combined $8.6 bil-...

Ngày tải lên: 19/08/2013, 11:10