Chapter 4 assignments and solutions

Chapter 4 assignments and solutions - CHAPTER 4 HOMEWORK -...

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Ex. 4-116 —Terminology. In the space provided, write the word or phrase that is defined or indicated. 1. Net income minus preferred dividends divided by the weighted average of shares outstanding. 1. ________________________________ 2. All changes in equity during a period except those resulting from investments by owners and distributions to owners. 2. ________________________________ 3. A correction of an error is reported as a 3. ________________________________ 4. An event or transaction which is unusual in nature and infrequent in occurrence. 4. ________________________________ 5. The income statement category for a disposal of a component of a business. 5. ________________________________ 6. Relating tax expense to specific items on the income statement. 6. ________________________________ Solution 4-116 1. Earnings per share. 2. Comprehensive income. 3.
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Chapter 4 assignments and solutions - CHAPTER 4 HOMEWORK -...

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