Tài liệu Khối Ngành Kinh Tế

Improvements with limited lives, such as private driveways, walks, fences, and parking lots, are recorded as Land Improvements and depreciated. Land acquired and held for speculation is classified as an investment. Land held by a real estate concern for resale should be classified as inventory.

74 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 849 | Lượt tải: 0

All companies need periodic verification of the inventory records by actual count, weight, or measurement, with counts compared with detailed inventory records. Companies should take the physical inventory near the end of their fiscal year, to properly report inventory quantities in their annual accounting reports.

83 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 530 | Lượt tải: 0

We have learned that companies report both cash and cash equivalents as cash on their balance sheets. But where do they park cash that is not used to pay for inventory, employees, or other expenses? As shown in the chart to the right, companies plow the largest portion of their cash holdings into corporate debt. As indicated, corporate debt is the ...

70 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 503 | Lượt tải: 0

The continuing debate on Social Security reform provides a great context to illustrate the power of compounding. One proposed idea is for the government to give $1,000 to every citizen at birth. This gift would be deposited in an account that would earn interest tax-free until the citizen retires. Assuming the account earns a modest 5% annual retur...

127 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 611 | Lượt tải: 0

Major categories of receivables should be shown in the balance sheet or the related notes. A company should clearly identify Anticipated loss due to uncollectibles. Amount and nature of any nontrade receivables. Receivables used as collateral.

90 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 740 | Lượt tải: 0

“4” appeared less often in the 10th’s place than any other digit and significantly less often than would be expected by chance. This effect is called “quadrophobia.” For the typical company in the study, an increase of $31,000 in quarterly net income would boost earnings per share by a 10th of a cent. A more recent analysis of quarterly results for ...

105 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 553 | Lượt tải: 0

The need for a conceptual framework is highlighted by accounting scandals such as those at Enron and Lehman Brothers. To restore public confidence in the financial reporting process, many have argued that regulators should move toward principles-based rules. They believe that companies exploited the detailed provisions in rules-based pronouncements...

66 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 611 | Lượt tải: 0

“It’s the accounting.” That’s what many investors seem to be saying these days. Even the slightest hint of any accounting irregularity at a company leads to a subsequent pounding of the company’s stock price. For example, the Wall Street Journal has run the following headlines related to accounting and its effects on the economy: Stocks take a bea...

54 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 554 | Lượt tải: 0

Additional debt increases the probability of bankruptcy. Direct costs: Legal fees, “fire” sales, etc. Indirect costs: Lost customers, reduction in productivity of managers and line workers, reduction in credit (i.e., accounts payable) offered by suppliers

77 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 528 | Lượt tải: 0

Investment timing options Growth options Expansion of existing product line New products New geographic markets

61 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 617 | Lượt tải: 0