Intermediate Accounting exam

Intermediate Accounting exam - 4. Shareholder’s equity...

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Intermediate Accounting exam. Chapter 1 Fin Accounting- concerned with providing relevant fin ifno for external users( fin analysts, stockbrockers, mutual funds managers, credit rating organizations- primary profit oriented co’s). Managerial Accounting- information provided to internal users. Financial statements. 1. Balance sheet 2. Income stmt 3. Cash flow stmt
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Unformatted text preview: 4. Shareholder’s equity Cap markets- mechanism to help our economy to allocate resources ( all investors + all creditors) Corporation- gets capital from investors in exchange for ownership interest. Secondary markets- transaction of transfer stocks and bonds. Rate of return= (dividends+ share price appreciation)/initial investment...
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This note was uploaded on 12/13/2010 for the course ACCT 112 taught by Professor King during the Spring '08 term at Howard County Community College.

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