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Dennys_Corp_Part#4(a&b) - Paramdeep Singh Accounting...

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Paramdeep Singh Accounting for Decision Makers January 31, 2008 Professor Klein Denny’s Corporation Part A: 1) The Inventory Method Used  “Inventories are valued primarily at the lower average cost (first-in, first-out) or  market.”   (Page 65) 2) The Depreciation Method Used “We depreciate owned property over its estimated useful life using the straight-line  method. We amortize property held under capital leases (at capitalized value) over  the lesser of its estimated useful life or the initial lease term.” (Page 65) 3) The Name Of The Firm That Audited Denny’s Financial statements KPMG LLP – Greenville, SC  (Page 99) 4) Denny’s Earnings Per Share Basic Earnings Per Share      -  $0.33 Diluted Earnings Per Share  -  $0.31 (Page 90) 5) The Total Amount of Inventory $8,199,000 (Page 62)
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Dennys_Corp_Part#4(a&b) - Paramdeep Singh Accounting...

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