Accounting principles chapter 18

... CHAPTER 18 THE STATEMENT OF CASH FLOWS After studying this chapter, you should be able to: Indicate the usefulness of the statement ... payable is added in determining cash payments for operating expenses, as shown in Illustration 18- 23 FORMULA TO COMPUTE CASH PAYMENTS FOR INCOME TAXES — DIRECT METHOD The relationships among

Ngày tải lên: 05/04/2017, 14:50

... CHAPTER CHAPTER 18 18 Financial Statement Analysis Accounting Principles, Eighth Edition Chapter 18- 2 Study Study Objectives Objectives Discuss ... operations Extraordinary items Changes in accounting principle Comprehensive income Chapter 18- 4 Quality Qualityof of Earnings Earnings Alternative accounting methods Pro forma income Improper ... $199,000 + $84,000 + $18, 000 $...

Ngày tải lên: 05/04/2017, 15:21

... Illustration 18- 12 18- 30 LO Ratio Analysis Profitability Ratios ASSET TURNOVER Illustration 18- 18 2013 2012 1.3 times Measures how efficiently a company uses its assets to generate sales 18- 31 LO ... 2013 2012 Illustration 18- 12 18- 19 LO Ratio Analysis Liquidity Ratios ACID-TEST RATIO Illustration 18- 14 2013 2012 0.47:1 Acid-test ratio measures immediate liquidity 18- 20 LO QUA...

Ngày tải lên: 12/05/2017, 11:46

... Chapter 18 Financial Statement Analysis Chapter 18- 2 Accounting Principles, Ninth Edition Study Study Objectives Objectives Discuss ... operations Extraordinary items Changes in accounting principle Alternative accounting methods Pro forma income Improper recognition Comprehensive income Chapter 18- 4 Basics Basics of of Financial Financial ... Ratio Analysis Analysis Liquid...

Ngày tải lên: 13/05/2017, 10:22

... CHAPTER1 8 Financial Statement Analysis 18- 2 PreviewofCHAPTER18 18- 3 Basics of Financial Statement Analysis Analyzing financial ... Illustration 18- 13 18- 18 SO Identify and compute ratios used in analyzing a firm’s liquidity, profitability, and solvency Ratio Analysis Liquidity Ratios Acid-Test Ratio Illustration 18- 14 Acid-test ... Illustration 18- 20 Shows how many dollars of n...

Ngày tải lên: 15/05/2017, 10:34

... is used by companies that produce large amounts of similar products or liquid products or that have long, continuous production runs of identical products – It first traces the costs of direct ... used by companies that make unique or special-order products – A job order costing system measures and recognizes the costs of direct materials, direct labor, and overhead to a specific...

Ngày tải lên: 15/05/2017, 15:44

... the revenue-producing and service departments These costs can be gathered and specified by cost behavior (variable and fixed) or in total 815 Chapter 18 Responsibility Accounting and Transfer ... all types of merchandise Such a change in policy converts what was a traceable departmental cost into an indirect cost Those stores carrying high -cost, high-selling-price mercha...

Ngày tải lên: 02/07/2014, 22:21

... different BUSINESS VALUATION STANDARDS Professional business appraisers follow certain standards when doing business valuations Business valuation standards include the following: Uniform Standards ... values would represent changes in accounting estimates Changes in accounting principles: A change in the accounting treatment applied to a particular area of accounting The most c...

Ngày tải lên: 05/07/2014, 13:20

... stream of cash flows of $28 per year The risk of these flows is likely to be less than the risk of the operating assets of L The tax shields 489 Brealey−Meyers: Principles of Corporate Finance, ... pp 187 –221 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition V Dividend Policy and Capital Structure 18 How Much Should A Firm Borrow © The McGraw...

Ngày tải lên: 06/07/2014, 08:20

... Loss from Abnormal Spoilage account and are not included in good-unit cost Do multiple choice and Assign Exercises 18- 17, 18- 18, and 18- 24 and Problems 18- 30 and 32 Learning Objective 4: Account ... started and completed during current period and goods completed from beginning work in process (Footnote 4) Do multiple choice Assign Exercises 18- 19, 18- 20, and 18- 2...

Ngày tải lên: 23/11/2016, 16:13

... CHAPTER ACCOUNTING IN ACTION After studying this chapter, you should be able to: • Explain what accounting is • Identify users and uses of accounting • Understand why ... concept • Explain the meaning of generally accepted accounting principles and the cost principle CHAPTER ACCOUNTING IN After studying thisACTION chapter, you should be able to: • Explain the meaning ... BOO...

Ngày tải lên: 05/04/2017, 14:48

... CHAPTER THE RECORDING After studying this chapter, you should be able to: PROCESS Explain what an account is and how ... process Explain what a journal is and how it helps in the recording process CHAPTER THE RECORDING After studying PROCESS this chapter, you should be able to: Explain what a ledger is and how it helps ... trial balance and explain its purpose THE ACCOUNT STUDY OBJECTIV...

Ngày tải lên: 05/04/2017, 14:48

... accrual-basis accounting is incorrect? a Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles ... Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles c Accrual-...

Ngày tải lên: 05/04/2017, 14:48

... inventory system explain the steps in the accounting cycle for a merchandising company CHAPTER ACCOUNTING FOR MERCHANDISING OPERATIONS After studying this chapter, you should be able to: distinguish ... CHAPTER ACCOUNTING FOR MERCHANDISING OPERATIONS After studying this chapter, you should be able to: identify the differences between ... goods on hand at the beginning of the acco...

Ngày tải lên: 05/04/2017, 14:48