Unformatted text preview: Learning Objectives After studying this chapter, you should be able to 6. Explain the effect of depreciation on cash flow
7. Account for expenditures after acquisition 8. Compute gains and losses on disposal of fixed
assets and consider the implications of these gains
and losses on the statement of cash flows 9. Account for the impairment of tangible assets
10. Account for various intangible assets 11. Explain the reporting for goodwill 12. Interpret depletion of natural resources ...
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- Fall '07
- Financial Accounting