Financial Accounting (Fach) / xx (Lektion)
In dieser Lektion befinden sich 20 Karteikarten
s
Diese Lektion wurde von Janaw55 erstellt.
Diese Lektion ist leider nicht zum lernen freigegeben.
- Bring Operating Lease on Balance Sheet PV Factor * Min required Lease Payments 2) Interest Increase --> Interest rate * Sum Depreciation --> Sum / useful Life
- Average Price of Shares Common stock + APIC / Total # shares outstanding
- Effect of Buyback No Income Statement Effect Asset and Se Decrease With Loss: SE decreses, CFF positive
- If Negative EPS Diluted EPS: Intended to show potential effect if dilutive securities were exercises, eg outstanding stock options. It means that current shareholders who share firms earnings (Basic EPS) could receive less if dilutive securities were issued. If Net Income is positive, asssitional securities would reduce EPS If Net Income is negative, addition of dilutive securities would increase EPS
- Balance Sheet value vs. CF Statement value in change in inventory Balance sheet could change from non-operatinve CF that reluted in changes in inventory i.e. acquisitions firm paid for inventory in shares..
- Deferred Revenue Offer of card with a resale value guarantee, they buy back cars that are older. They account for it as a lease and recognize value over time
- Why does construction in progress not have depreciation? Depreciation is only charged to assets that are productive and should be based on an eocnomic pattern of usage (how many economic benefits have been consumed). Prior to completion, there is no pattern of use.
- What was the carrying amount of sales of PPE SCF: see gain on sale Proceeds from Sale - Gain = Net Book Value of Assets
- Deferred Tax Assets Items deducted from Accounting Income, which have not yet been deducted from Taxable Income. Allowances for Return Bad Debt Expense Warranty Expense Items added to Taxable Income, which have not yet been added to Accounting Income Cash collected from Customers
- Deferred Tax Liabilities Items deducted from Taxable Income, which have not yet been deducted from Accounting Income. Accelerated Depreciation Prepaid Insurance In future, these differences will reverse and tax will be owed (i.e. faster depreciation)
- Cancellation of Bonds Dr Bond Payable Dr Loss on Bond Call Dr Bond Premium Cr Cash
- ZCB Dr Csh Dr Bond Discount --> no expense Repayment, amortize Cr Bond Payable
- PV of Bond Payable Discount Face Value with semiannual payments
- Convertible Debt Dr Cash Cr Bond Liability Cr Share Option Value
- Discount Face Value - Market Value
- Sale of Treasury Stock Only Price when acquired to Treasury Stock The Rest to APIC
-
- Foreign currency exchange rate risk Decrease: Profits in FC can be used to pay off debt Increase: Borrowing in FC not offset by FC Income
- Indirect Method Net Income + Depreciation - Gains - Change in AR - Change in Inventory + Change in AP
- Cost of Sale from Equipment BB - Ending Balance
- Revaluation Dr Building Cr AD Cr Revaluation Reserve OCI No immediate effect on the income statement. However, as revaluation gain will increase BV, depreciation will be greater in the future.