This preview shows page 1. Sign up to view the full content.
Unformatted text preview: nually A 1.0% semiannual market rate of interest A maturity date in 2015 (i.e., 6 periods) Effective Interest Method (Premium)
Effective Cost of Debt
Cost Financial Ratios Over Time
Financial (1) Interpret this graph.
(2) If profitability and interest coverage reflected similar time trends, how
did they vary? Global Accounting
Global Under IFRS, companies can limit disclosure of contingent
liabilities if doing so would severely prejudice the entity’s
competitive or legal position.
competitive For accruals, U.S. GAAP requires the company to accrue the
lowest number in the range whereas IFRS requires the company
to accrue the expected amount.
to IFRS offers more disclosure of liabilities and accruals....
View Full Document
This document was uploaded on 11/25/2013.
- Fall '13
- Balance Sheet