This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Hidden reserves (smoothing) Classification within the income statement Outright fictitious items Notion of permanent or recurring earnings Income statement components (chart) 118-Income statements p2 Examples Company Page CocaCola 5 DuPont 231 Newmont 254 Pfizer 273 Retained earnings Comprehensive income Intra-period tax allocation Earnings per share...
View Full Document
This note was uploaded on 09/09/2009 for the course ECON 118 taught by Professor Loster during the Spring '07 term at UCSB.
- Spring '07