Download e-book for iPad: Synthesis: Significance and Implications of Alternative by Clyde P. Stickney, Roman L. Weil

By Clyde P. Stickney, Roman L. Weil

ISBN-10: 0324222971

ISBN-13: 9780324222975

This generally revered monetary accounting textual content captures the major marketplace percentage between graduate, MBA, and higher-level undergraduate courses. With nice readability, it provides either the fundamental innovations underlying monetary statements and the terminology and strategies that let scholars to interpret, study, and evaluation genuine company monetary statements.

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Additional resources for Synthesis: Significance and Implications of Alternative Accounting Principles

Sample text

Total Current Assets . . . . . . . . . . . . . . . Investments (Note 4) Investment in Thayer Corporation (15 percent owned) . . . . Investment in Hitchcock Corporation (30 percent owned) . . . Investment in Davis Corporation (40 percent owned) . . . . . Total Investments . . . . . . . . . . . . . . . . December 31, Year 22 $ 240,000 125,000 1,431,200 1,257,261 28,000 $3,081,461 $ 278,000 141,000 1,509,600 1,525,315 32,000 $3,485,915 $ 92,000 120,000 215,000 $ 427,000 $ $ 87,000 135,000 298,000 $ 520,000 Property, Plant, and Equipment (Note 5) Land .

Change in Cash . . . . . . . . . . . . . . . . . . Cash, Beginning of Year . . . . . . . . . . . . . . . Cash, End of Year . . . . . . . . . . . . . . . . .

Sale of Marketable Securities . . . . . . . . . . . . . Sale of Land . . . . . . . . . . . . . . . . . . . 04 a Restated as required by GAAP. b Projected. How much do you think Champion Clothiers should report as earnings per share for 2005? Indicate the avenues you would choose (from among those described by Tom Morrissey) to arrive at your recommended earnings per share amount, and state the justification for your choices.

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Synthesis: Significance and Implications of Alternative Accounting Principles by Clyde P. Stickney, Roman L. Weil


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