Ch. 16 Dilutive Securities And Earnings Per Share. 1. Dilutive Securities. Securities that are not common stock in form but enable their holders to obtain common stock upon exercise to conversion. 1) Convertible bonds. Bonds that can be converted to commo
CH. 15 STOCKHOLDERS' EQUITY:
I. General Information. 1. NATURE OF STOCKHOLDERS' EQUITY. - THE STOCKHOLDERS' INTEREST IN A FIRM IS A RESIDUAL INTEREST. - = THE ASSETS - THE LIABILITIES. 2. Sources of equity. - PAID-IN CAPITAL: STOCKHOLDERS' INVESTMENT. - R
CH. 14 LONG-TERM LIABILITIES. I. Nature Of Long-Term Liabilities. Consists of present obligations not payable within one operating cycle or one year, whichever is longer. Long-term creditors do not have voting right in management affairs and only receive
SHORT-TERM MONETARY ITEMS: Current Liabilities
Liabilities: (by the maturity date)
Determinable C. L. Current L.: (by the certainty of existence.) Contingent L.
A. Liabilities. 1. FASB definition: probable future sacrifices of economic benefi
CH. 12. INTANGIBLE ASSETS I. Nature - A lack of physical existence. - A high degree of uncertainty concerning future benefits. 1. Classification by following characteristics, - Identifiability. - Manner of acquisition. - Expected period of benefit. - Sepa
CH.11 DEPRECIATION, DEPLETION, AND IMPAIRMENTS. I. DEPRECIATION. 1. GENERAL BACKGROUND. - DEPRECIATION IS A DECLINE IN SERVICE POTENTIAL OF TANGIBLE ASSETS DUE TO PHYSICAL AND ECONOMIC FACTORS. - THE PROCESS OF ALLOCATING THE COST OF TANGIBLE ASSETS TO EX
CH.10 ACQUISITION & VALUATION OF PPE
I. CHARACTERISTICS AND ACQUISITION. 1. CHARACTERISTICS. - ACQUIRED FOR USE AND NOT FOR RESALE. - LONG-TERM IN NATURE AND SUBJECT TO DEPRECIATION, EXCEPT FOR LAND. - POSSESS PHYSICAL SUBSTANCE. 2. ACQUISITION. 1) HISTOR
CH 9. INVENTORIES: ADDITIONAL VALUATION ISSUES. I. Lower Of Cost Or Market (LCM). 1. Market Value.
The market value in LCM means the replacement cost constrained by the net realized value.
1) Entry Value: Replacement Cost.
The cost to replace the item