ch11_summary

ch11_summary - stock outstanding Computed for: l Income...

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Click to edit Master subtitle style 9/16/11 ACG 2021 Chapter 11 Summary
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9/16/11 The Income Statement l Major Categories l Operating Income Before Other Gains/Losses and Tax Expense l Income from Continuing Operations +/- Gains or Losses from: l Sale of Assets l Sale of Short Term Investments Taxes
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9/16/11 Earnings Per Share l EPS = Net Income – Preferred Dividend Avg. # of common
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Unformatted text preview: stock outstanding Computed for: l Income from Continuing Operations All other sub-totals 9/16/11 Taxes l Tax Payable= Net Income x tax rate l Tax Expense = Taxable Income x tax rate l Deferred Taxes = Tax Expense Tax Payable Tax Expense > Tax Payable = Liability Tax Expense < Tax Payable = Asset...
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ch11_summary - stock outstanding Computed for: l Income...

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