Accounting Principles, 6th Edition, Chapters 1-19, 6th Edition,9780471412885

Accounting Principles, 6th Edition, Chapters 1-19, 6th Edition

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Edition: 6th
ISBN13: 9780471412885
ISBN10: 0471412880
Format: Paperback
Pub. Date: 2002-01-01
Publisher(s): Wiley
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Table of Contents

Accounting in Action
1(42)
Feature story: Things Rarely Go the Way You Plan
1(1)
What Is Accounting?
2(7)
Who Uses Accounting Data
3(2)
Brief History of Accounting
5(1)
Distinguishing between Bookkeeping and Accounting
6(1)
Accounting and You
6(1)
The Accounting Profession
7(2)
The Building Blocks of Accounting
9(6)
Ethics---A Fundamental Business Concept
9(1)
Generally Accepted Accounting Principles
10(1)
Assumptions
10(2)
Basic Accounting Equation
12(3)
Using the Building Blocks
15(7)
Transaction Analysis
16(4)
Summary of Transactions
20(2)
Financial Statements
22(21)
Income Statement
22(1)
Owner's Equity Statement
22(2)
Balance Sheet
24(1)
Statement of Cash Flows
25(18)
The Recording Process
43(44)
Feature story: No Such Thing as a Perfect World
43(1)
The Account
44(5)
Debits and Credits
45(3)
Expansion of Basic Equation
48(1)
Steps in the Recording Process
49(7)
The Journal
50(3)
The Ledger
53(3)
The Recording Process Illustrated
56(8)
Summary Illustration of Journalizing and Posting
63(1)
The Trial Balance
64(23)
Limitations of a Trial Balance
65(1)
Locating Errors
65(1)
Use of Dollar Signs
66(21)
Adjusting the Accounts
87(46)
Feature story: Timing Is Everything
87(1)
Timing Issues
88(3)
Selecting an Accounting Time Period
89(1)
Fiscal and Calendar Years
89(1)
Accrual- vs. Cash-Basis Accounting
89(1)
Recognizing Revenues and Expenses
90(1)
The Basics of Adjusting Entries
91(15)
Types of Adjusting Entries
92(1)
Adjusting Entries for Prepayments
92(7)
Adjusting Entries for Accurals
99(4)
Summary of Basic Relationships
103(3)
The Adjusted Trial Balance and Financial Statements
106(5)
Preparing the Adjusted Trial Balance
106(1)
Preparing Financial Statements
107(4)
Appendix Alternative Treatment of Prepaid Expenses and Unearned Revenues
111(22)
Prepaid Expenses
111(1)
Unearned Revenues
112(2)
Summary of Additional Adjustment Relationships
114(19)
Completion of The Accounting Cycle
133(50)
Feature story: Everybody Likes to Win
133(1)
Using a Work Sheet
134(6)
Steps in Preparing a Work Sheet
135(2)
Preparing Financial Statements from a Work Sheet
137(3)
Preparing Adjusting Entries from a Work Sheet
140(1)
Closing the Books
140(6)
Preparing Closing Entries
141(2)
Posting Closing Entries
143(2)
Preparing a Post-Closing Trial Balance
145(1)
Summary of the Accounting Cycle
146(5)
Reversing Entries---An Optional Step
147(1)
Correcting Entries---An Avoidable Step
148(3)
Classified Balance Sheet
151(9)
Standard Classifications
151(4)
Classified Balance Sheet, Illustrated
155(5)
Appendix Reversing Entries
160(23)
Illustration of Reversing Entries
161(22)
Accounting for Merchandising Operations
183(40)
Feature story: Selling Dollars for 85 Cents
183(1)
Merchandising Operations
184(3)
Operating Cycles
185(1)
Inventory Systems
186(1)
Recording Purchases of Merchandise
187(4)
Purchase Returns and Allowances
189(1)
Freight Costs
189(1)
Purchase Discounts
190(1)
Recording Sales of Merchandise
191(4)
Sales Returns and Allowances
192(1)
Sales Discounts
193(2)
Completing the Accounting Cycle
195(2)
Adjusting Entries
195(1)
Closing Entries
195(1)
Summary of Merchandising Entries
196(1)
Forms of Financial Statements
197(8)
Multiple-Step Income Statement
197(4)
Single-Step Income Statement
201(1)
Classified Balance Sheet
202(3)
Appendix Work Sheet for a Merchandiser
205(18)
Using a Work Sheet
205(1)
Trial Balance Columns
205(1)
Adjustment Columns
206(1)
Adjusted Trial Balance
206(1)
Income Statement Columns
207(1)
Balance Sheet Columns
207(16)
Inventories
223(52)
Feature story: Taking Stock---from Backpacks to Bicycles
223(1)
Inventory Basics
224(4)
Classifying Inventory
224(1)
Determining Inventory Quantities
225(2)
Inventory Accounting Systems
227(1)
Periodic Inventory System
228(5)
Recording Transactions
228(1)
Recording Purchases of Merchandise
228(1)
Recording Sales of Merchandise
229(1)
Comparison of Entries---Perpetual vs. Periodic
230(1)
Cost of Goods Sold
230(1)
Determining Cost of Goods Purchased
230(2)
Completing the Accounting Cycle, Periodic Inventory System
Income Statement Presentation
232(1)
Inventory Coasting Under a Periodic Inventory System
233(10)
Using Actual Physical Flow Costing---Specific Identification
234(1)
Using Assumed Cost Flow Methods---FIFO, LIFO, and Average Cost
235(4)
Financial Statement Effects of Cost Flow Methods
239(2)
Using Inventory Cost Flow Methods Consistently
241(2)
Valuing Inventory at the Lower of Cost or Market (LCM)
243(1)
Inventory Errors
244(1)
Income Statement Effects
244(1)
Balance Sheet Effects
245(1)
Statement Presentation and Analysis
245(4)
Presentation
245(1)
Analysis
246(3)
Appendix 6A Comparison of Entries---Perpetual vs. Periodic
249(1)
Appendix 6B Estimating Inventories
250(3)
Gross Profit Method
251(1)
Retail Inventory Method
252(1)
Appendix 6C Inventory Cost Flow Methods in Perpetual Inventory Systems
253(22)
First-in, First-out (FIFO)
254(1)
Last-in, First-out (LIFO)
254(1)
Average Cost
255(20)
Accounting Information Systems
275(42)
Feature story: Accidents Happen
275(1)
Basic Concepts of Accounting Information Systems
276(3)
Principles of Accounting Information Systems
276(1)
Developing an Accounting System
277(1)
Manual vs. Computerized Systems
278(1)
Subsidiary Ledgers
279(3)
Example
280(1)
Advantages of Subsidiary Ledgers
281(1)
Special Journals
282(35)
Sales Journal
282(2)
Cash Receipts Journal
284(4)
Purchases Journal
288(3)
Cash Payments Journal
291(1)
Effects of Special Journals on General Journal
292(25)
Internal Control and Cash
317(44)
Feature story: Minding the Money in Moose Jaw
317(1)
Internal Control
318(7)
Principles of Internal Control
319(4)
Limitations of Internal Control
323(2)
Cash Controls
325(8)
Internal Control over Cash Receipts
325(3)
Internal Control over Cash Disbursements
328(5)
Use of a Bank
333(8)
Making Bank Deposits
333(1)
Writing Checks
334(1)
Bank Statements
335(1)
Reconciling the Bank Account
336(5)
Reporting Cash
341(20)
Accounting for Receivables
361(38)
Feature story: How Do You Spell Relief?
361(1)
Accounts Receivable
362(12)
Types of Receivables
362(1)
Recognizing Accounts Receivable
363(1)
Valuing Accounts Receivable
364(7)
Disposing of Accounts Receivable
371(3)
Notes Receivable
374(5)
Determining the Maturity Date
375(1)
Computing Interest
376(1)
Recognizing Notes Receivable
376(1)
Valuing Notes Receivable
376(1)
Disposing of Notes Receivable
377(2)
Statement Presentation and Analysis
379(20)
Presentation
379(1)
Analysis
379(20)
Plant Assets, Natural Resources, and Intangible Assets
399(46)
Feature story: How Much Must I Pay for a Ride to the Beach?
399(1)
Plant Assets
400(1)
Determining the Cost of Plant Assets
401(3)
Land
401(1)
Land Improvements
402(1)
Buildings
402(1)
Equipment
402(2)
Depreciation
404(8)
Factors in Computing Depreciation
405(1)
Depreciation Methods
406(4)
Depreciation and Income Taxes
410(1)
Revising Periodic Depreciation
411(1)
Expenditures During Useful Life
412(1)
Plant Asset Disposals
412(6)
Retirement of Plant Assets
413(1)
Sale of Plant Assets
413(2)
Exchange of Plant Assets
415(3)
Natural Resources
418(1)
Intangible Assets
419(1)
Accounting for Intangible Assets
419(3)
Patents
420(1)
Copyrights
420(1)
Trademarks and Trade Names
420(1)
Franchises and Licenses
421(1)
Goodwill
421(1)
Research and Development Costs
422(1)
Statement Presentation and Analysis
423(22)
Presentation
423(1)
Analysis
424(21)
Current Liabilities and Payroll Accounting
445(42)
Feature story: Financing His Dreams
445(1)
Accounting for Current Liabilities
446(5)
Notes Payable
447(1)
Sales Taxes Payable
448(1)
Unearned Revenues
449(1)
Current Maturities of Long-Term Debt
449(1)
Statement Presentation and Analysis
450(1)
Contingent Liabilities
451(3)
Recording a Contingent Liability
452(1)
Disclosure of Contingent Liabilities
453(1)
Payroll Accounting
454(33)
Internal Control
454(3)
Determining the Payroll
457(3)
Recording the Payroll
460(4)
Employer Payroll Taxes
464(2)
Filing and Remitting Payroll Taxes
466(1)
Additional Fringe Benefits
467(20)
Accounting Principles
487(32)
Feature story: Certainly Worth Investigating!
487(1)
The Conceptual Framework of Accounting
488(4)
Objectives of Financial Reporting
489(1)
Qualitative Characteristics of Accounting Information
490(1)
Elements of Financial Statements
491(1)
Operating Guidelines
492(1)
Assumptions
492(1)
Monetary Unit Assumption
493(1)
Economic Entity Assumption
493(1)
Time Period Assumption
493(1)
Going Concern Assumption
493(1)
Principles
493(7)
Revenue Recognition Principles
494(3)
Matching Principle (Expense Recognition)
497(1)
Full Disclosure Principle
498(1)
Cost Principle
499(1)
Constraints in Accounting
500(2)
Materiality
500(1)
Conservatism
501(1)
Summary of Conceptual Framework
501(1)
International Accounting Standards
502(17)
Differences in Standards
502(1)
Uniformity in Standards
503(16)
Accounting for Partnerships
519(40)
Feature story: From Trials to the Top Ten
519(1)
Partnership Form of Organization
520(4)
Characteristics of Partnerships
520(2)
Organizations with Partnership Characteristics
522(1)
Advantages and Disadvantages of Partnerships
523(1)
The Partnership Agreement
524(1)
Basic Partnership Accounting
524(7)
Forming a Partnership
524(1)
Dividing Net Income or Net Loss
525(4)
Partnership Financial Statements
529(2)
Admission and Withdrawal of Partners
531(8)
Admission of a Partner
531(4)
Withdrawal of a Partner
535(4)
Liquidation of a Partnership
539(20)
No Capital Deficiency
539(2)
Capital Deficiency
541(18)
Corporations: Organization and Capital Stock Transactions
559(42)
Feature story: ``Have You Driven a Ford Lately?''
559(1)
The Corporate Form of Organization
560(11)
Characteristics of a Corporation
561(3)
Forming a Corporation
564(1)
Ownership Rights of Stockholder
565(2)
Stock Issue Considerations
567(2)
Corporate Capital
569(2)
Accounting for Common Stock Issues
571(3)
Issuing Par Value Common Stock for Cash
571(1)
Issuing No-Par Common Stock for Cash
572(1)
Issuing Common Stock for Services or Noncash Assets
572(2)
Accounting for Treasury Stock
574(4)
Purchases of Treasury Stock
574(2)
Disposal of Treasury Stock
576(2)
Preferred Stock
578(3)
Dividend Preferences
579(1)
Liquidation Preference
580(1)
Convertible Preferred Stock
580(1)
Callable Preferred Stock
580(1)
Statement Presentation and Analysis
581(20)
Presentation
581(1)
Analysis---Book Value Per Share Amount
582(19)
Corporations: Dividends, Retained Earnings, and Income Reporting
601(38)
Feature story: What's Cooking?
601(1)
Dividends
602(8)
Cash Dividends
602(4)
Stock Dividends
606(2)
Stock Splits
608(2)
Retained Earnings
610(5)
Retained Earnings Restrictions
611(1)
Prior Period Adjustments
611(1)
Retained Earnings Statement
612(1)
Statement Presentation and Analysis
613(2)
Corporation Income Statements
615(5)
Discountinued Operations
616(1)
Extraordinary Items
617(1)
Change in Accounting Principles
618(2)
Earnings per Share
620(19)
EPS and Preferred Dividends
620(1)
EPS and Irregular Items
621(18)
Long-Term Liabilities
639(42)
Feature story: UK Builds with Bonds
639(1)
Bond Basics
640(5)
Why Issue Bonds?
640(1)
Types of Bonds
641(1)
Issuing Procedures
642(2)
Bond Trading
644(1)
Determining the Market Value of Bonds
644(1)
Accounting for Bond Issues
645(8)
Issuing Bonds at Face Value
645(1)
Discount or Premium on Bonds
646(1)
Issuing Bonds at a Discount
647(2)
Issuing Bonds at a Premium
649(3)
Issuing Bonds between Interest Dates
652(1)
Accounting for Bond Retirements
653(2)
Redeming Bonds at Maturity
653(1)
Redeeming Bonds before Maturity
653(1)
Converting Bonds into Common Stock
654(1)
Bond Sinking Funds
654(1)
Accounting for Other Long-Term Liabilities
655(3)
Long-Term Notes Payable
655(1)
Lease Liabilities
656(2)
Statement Presentation and Analysis
658(5)
Presentation
658(1)
Analysis
659(4)
Appendix Effective-Interest Amortization
663(18)
Amortizing Bond Discount
664(2)
Amortizing Bond Premium
666(15)
Investments
681(34)
Feature story: Is There Anything Else We Can Buy?
681(1)
Why Corporations Invest
682(2)
Accounting for Debt Investments
684(3)
Recording Acquisition of Bonds
684(1)
Recording Bond Interest
685(1)
Recording Sale of Bonds
685(2)
Accounting for Stock Investments
687(5)
Holding of Less Than 20%
687(1)
Holdings between 20% and 50%
688(1)
Holdings of More Than 50%
689(3)
Valuing and Reporting Investments
692(23)
Categories of Securities
692(2)
Balance Sheet Presentation
694(1)
Presentation of Realized and Unrealized Gain or Loss
695(1)
Comprehensive Balance Sheet
696(19)
The Statemetn of Cash Flows
715(64)
Feature story: ``Cash Is Cash, and Everything Else Is Accounting''
715(1)
The Statement of Cash Flows: Purpose and Format
716(7)
Purpose of the Statement of Cash Flows
716(1)
Meaning of ``Cash Flows''
717(1)
Classification of Cash Flows
717(1)
Significant Noncash Activities
718(1)
Format of the Statement of Cash Flows
719(1)
Usefulness of the Statement of Cash Flows
720(1)
Preparing the Statement of Cash Flows
721(1)
Indirect and Direct Methods
721(2)
Statement of Cash Flows---Indirect Method
723(1)
First Year of Operations---2002
723(4)
Determine the Net Increase/Decrease in Cash
724(1)
Determine Net Cash Provided/Used by Operating Activities
724(2)
Determine Net Cash Provided/Used by Investing and Financing Activities
726(1)
Statement of Cash Flows---2002
726(1)
Second Year of Operations---2003
727(8)
Determine the Net Increase/Decrease in Cash
728(1)
Determine Net Cash Provided/Used by Operating Activities
728(2)
Determine Net Cash Provided/Used by Investing and Financing Activities
730(1)
Statement of Cash Flow---2003
731(1)
Summary of Conversion to Net Cash Provided by Operating Activities---Indirect Method
731(4)
Statement of Cash Flows---Direct Methods
735(1)
First Year of Operations---2002
735(6)
Determine the Net Increase/Decrease in Cash
736(1)
Determine Net Cash Provided/Used by Operating Activities
736(4)
Determine Net Cash Provided/Used by Investing and Financing Activities
740(1)
Statement of Cash Flows---2002
740(1)
Second Year of Operations---2003
741(7)
Determine the Net Increase/Decrease in Cash
742(1)
Determine Net Cash Provided/Used by Operating Activities
742(2)
Determine Net Cash Provided/Used by Investing and Financing Activities
744(1)
Statement of Cash Flows---2003
745(3)
Analysis of the Statement of Cash Flows
748(5)
Current Cash Debt Coverage Ratio
748(1)
Cash Return on Sales Ratio
749(1)
Cash Debt Coverage Ratio
749(4)
Appendix Using a Work Sheet to Prepare the Statement of Cash Flows---Indirect Method
753(26)
Preparing the Work Sheet
754(5)
Preparing the Statement
759(20)
Financial Statement Analysis
779(48)
Feature Story: ``Follow That Stock!''
779(1)
Basics of Financial Statement Analysis
780(2)
Need for Comparative Analysis
780(1)
Tools of Financial Statement Analysis
781(1)
Horizontal Analysis
782(3)
Balance Sheet
783(1)
Income Statement
784(1)
Retained Earnings Statement
784(1)
Vertical Analysis
785(3)
Balance Sheet
785(1)
Income Statement
785(3)
Ratio Analysis
788(16)
Liquidity Ratios
789(5)
Profitability Ratios
794(6)
Solvency Ratios
800(2)
Summary of Ratios
802(2)
Limitations of Financial Statement Analysis
804(23)
Estimates
804(1)
Cost
804(1)
Alternative Accounting Methods
805(1)
Atypical Data
805(1)
Diversification of Firms
805(22)
Managerial Accounting
827(36)
Feature Story: What a Difference a Day Makes
827(1)
Managerial Accounting Basics
828(3)
Comparing Managerial and Financial Accounting
829(1)
Ethical Standards for Managerial Accountants
829(1)
Management Functions
829(2)
Managerial Cost Concepts
831(3)
Manufacturing Costs
831(2)
Product versus Period Costs
833(1)
Manufacturing Costs in Financial Statements
834(5)
Income Statement
834(3)
Balance Sheet
837(1)
Cost Concepts---A Review
837(2)
Contemporary Developments in Managerial Accounting
839
Service Industry Trends
839(2)
Value Chain Management
841
Accounting Cycle (Work Sheet) for a Manufacturing Company
837(26)
Job Order Cost Accounting
863(38)
Feature Story: ``... And We'd Like It in Red''
863(1)
Cost Accounting Systems
864(2)
Job Order Cost System
864(1)
Process Cost System
865(1)
Job Order Cost Flow
866(13)
Accumulating Manufacturing Costs
867(2)
Assigning Manufacturing Costs to Work in Process
869(7)
Assigning Costs to Finished Goods
876(1)
Assigning Costs to Cost of Goods Sold
877(1)
Summary of Job Order Cost Flows
878(1)
Reporting Job Cost Data
879(1)
Under- or Overapplied Manufacturing Overhead
880(21)
Interim Balances
880(1)
Year-End Balance
881(20)
Process Cost Accounting
901(44)
Feature Story: Ben & Jerry's Tracks Its Mix-Ups
901(1)
The Nature of Process Cost Systems
902(6)
Use of Process Cost Systems
902(1)
Similarities and Differences Between Job Order Cost and Process Cost Systems
903(2)
Process Cost Flow
905(1)
Assignment of Manufacturing Costs---Journal Entries
905(3)
Equivalent Units
908(3)
Weighted-Average Method
909(1)
Refinements on the Weighted-Average Method
909(2)
Production Cost Report
911(1)
Comprehensive Example of Process Costing
911(5)
Compute the Physical Unit Flow (Step 1)
912(1)
Compute Equivalent Units of Production (Step 2)
913(1)
Compute Unit Production Costs (Step 3)
913(1)
Prepare a Cost Reconciliation Schedule (Step 4)
914(1)
Preparing the Production Cost Report
915(1)
Final Comments
916(1)
Contemporary Developments
917(8)
Just-In-Time Processing
917(3)
Activity-Based Costing
920(5)
Appendix Case Example of Traditional Costing Versus Activity-Based Costing
925(20)
Production and Cost Data
925(1)
Comparing Unit Costs
926(1)
Benefits and Limitations of Activity-Based Costing
927(18)
Cost-Volume-Profit Relationships
945(36)
Feature Story: Growing by Leaps and Leotards
945(1)
Cost Behavior Analysis
946(7)
Variable Costs
946(1)
Fixed Costs
947(1)
Relevant Range
948(2)
Mixed Costs
950(2)
Importance of Identifying Variable and Fixed Costs
952(1)
Cost-Volume-Profit Analysis
953(13)
Basic Components
953(1)
Contribution Margin
954(1)
Break-Even Analysis
955(4)
Margin of Safety
959(1)
Target Net Income
960(1)
CVP and Changes in the Business Environment
961(2)
CVP Income Statement
963(3)
Appendix Variable Costing
966(15)
Effects of Variable Costing on Income
967(2)
Rationale for Variable Costing
969(12)
Budgetary Planning
981(38)
Feature Story: Big Red's Biennial Budget
981(1)
Budgeting Basics
982(5)
Budgeting and Accounting
983(1)
The Benefits of Budgeting
983(1)
Essentials of Effective Budgeting
983(1)
Lenght of the Budget Period
984(1)
The Budgeting Process
984(1)
Budgeting and Human Behavior
984(1)
Budgeting and Long-Range Planning
985(1)
The Master Budget
986(1)
Preparing the Operating Budgets
987(6)
Sales Budget
987(1)
Production Budget
987(1)
Direct Materials Budget
987(3)
Direct Labor Budget
990(1)
Manufacturing Overhead Budget
990(1)
Selling and Administrative Expense Budget
990(2)
Budgeted Income Statement
992(1)
Preparing the Financial Budgets
993(5)
Cash Budget
993(3)
Budgeted in Balance Sheet
996(2)
Budgeting in Nonmanufacturing Companies
998(21)
Merchandisers
998(1)
Service Enterprises
999(1)
Not-for-Profit Organizations
999(20)
Budgetary Control and Responsibility Accounting
1019(44)
Feature Story: ``If Money Is Low, We'll Take the Bus''
1019(1)
Concept of Budgetary Control
1020(1)
Static Budget Reports
1021(2)
Illustrations
1021(1)
Uses and Limitations
1022(1)
Flexible Budgets
1023(7)
Why Flexible Budgets?
1023(2)
Developing the Flexible Budget
1025(1)
Flexible Budget---A Case Study
1026(2)
Flexible Budget Reports
1028(1)
Management by Exception
1029(1)
The Concept of Responsibility Accounting
1030(5)
Controllable versus Noncontrollable Revenues and Costs
1032(1)
Responsibility Reporting System
1032(3)
Types of Responsibility Centers
1035(28)
Responsibility Accounting for Cost Centers
1036(1)
Responsibility Accounting for Profit Centers
1037(2)
Responsibility Accounting for Investment Centers
1039(3)
Principles of Performance Evaluation
1042(21)
Performance Evaluation Through Standard Costs
1063(40)
Feature Story: Highlighting Performance Efficiency
1063(1)
The Need for Standards
1064(2)
Distinguishing between Standards and Budgets
1064(1)
Why Standard Costs?
1065(1)
Setting Standard Costs-A Difficult Task
1066(4)
Ideal versus Normal Standards
1066(1)
A Case Study
1066(4)
Variances from Standards
1070(12)
Analyzing Variances
1071(9)
Reporting Variances
1080(2)
Standard Cost Accounting System
1082(21)
Journal Entries
1082(2)
Ledger Accounts
1084(1)
Statement Presentation of Variances
1084(19)
Incremental Analysis and Capital Budgeting
1103
Feature Story: Soup Is Good Food
1103(1)
Incremental Analysis
1104(1)
Management's Decision-Making Process
1104(1)
How Incremental Analysis Works
1105(1)
Types of Incremental Analysis
1106(8)
Accept an Order at a Special Price
1106(1)
Make or Buy
1107(1)
Sell or Process Further
1108(1)
Retain or Replace Equipment
1109(1)
Eliminate an Unprofitable Segment
1110(1)
Allocate Limited Resources
1111(3)
Capital Budgeting
1114(1)
Process for Evaluation
1114(1)
Annual Rate of Return
1115(1)
Cash Payback
1116(1)
Discounted Cash Flow
1116
Net Present Value Method
1117(2)
Internal Rate of Return Method
1119(2)
Comparison of Discounted Cash Flow Methods
1121
Appendix A Specimen Financial Statements: Lands' End, Inc. A2
Appendix B Specimen Financial Statements: Abercrombie & Fitch Co. B1
Appendix C Present Value Concepts C1
Appendix D Standards of Ethical Conduct for Management Accountants D1
Photo Credits PC-1
Company Index I-1
Subject Index I-3

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