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Unformatted text preview: o Returns policy? o Employee training program? • Contingent liabilities: o Remote vs. reasonably possible vs. probable probabilities o As analyst, if “reasonably possible” we’d want to include entire amount in B/S • Deferred taxes: o Deferred tax assets vs. deferred tax liabilities • Leases: o Constructing capitalization of payments o Constructing that big table o What was effect on I/S in 2002: Interest expense increased by $214 and lease obligation...
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- Spring '11
- Balance Sheet, Market Value, FIFO and LIFO accounting, $214, FIFO/ replacement cost