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Jamie Young
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Decks in this class (33)
Lesson 11
Depreciation,
What is depreciation,
Depletion
32
cards
Lesson 12
What are the two special deprecia...,
Why would companies choose to do ...,
When would group method be used
20
cards
Lesson 13
What is a write off of long lived...,
Impairments,
What are 5 examples that can lead...
17
cards
Lesson 14
What is another name for natural ...,
What are examples natural resources,
What are the two main features of...
20
cards
Lesson 15
When companies deplete natural re...,
What 4 things should companies di...,
What disclosure should be on fina...
13
cards
Module 1
Lundy company purchased a depreci...,
For 2017 lassiter company reports...,
Mains corporation owns equipment ...
5
cards
Unit 4
A company purchases an asset on a...,
A pizza delivery chain buys sever...,
A company wants to calculate a lo...
10
cards
Lesson 16
Liabilities,
What are the three characteristic...,
What are the two basic divisions ...
24
cards
Lesson 17
Define contingency,
What is a gain contingency,
What are 4 typical gain contingen...
27
cards
Lesson 18
How are accrued liabilities discl...
1
cards
Lesson 19
Why is the distinction between cu...,
Why is a liquid company a good thing,
How do companies assess liquidity
11
cards
Module 2
Bargain surplus made cash sales d...,
Wooten co is being sued for illne...
2
cards
Lesson 20
In practice what defines a long t...,
Define long term debt,
A bond arises from a contract kno...
33
cards
Bond Accounting Principles Video
What is a bond,
What is the nominal rate,
What is the market rate
19
cards
Lesson21
Define extinguishment of debt,
What is the reacquisition price,
Any excess of the net carrying am...
9
cards
Lesson 22
What is the difference between cu...,
Define long term notes payable,
A note is similar to a bond in wh...
12
cards
Lesson 23
Long term debt that matures withi...,
What does the debt to assets rati...,
Debt to assets ratio
6
cards
Module 3
On january 1 2017 kimbrough inc i...,
On june 30 2017 prouty co had out...,
A company issues 25 000 000 78 20...
4
cards
Unit 5
A company has two pending lawsuit...,
A parent company guaranteed a 700...,
A company originally sold 20 year...
9
cards
Lesson 24
What are the two types of stock,
What does preemptive right mean,
What does liquidation right mean
33
cards
Lesson 25
Why do corporations buy back thei...,
What is a leveraged buyout lbo,
Why isn t treasury stock an asset
12
cards
Lesson 26
What is a dividend,
When are dividends recognized as ...,
What is a property dividend
27
cards
Lesson 27
What are the 3 stockholders equit...,
What is another name for return o...,
What does return on equity measure
11
cards
Module 4
Durango inc had net income for 20...,
At the date of declaration of a l...,
Common stockholders of a business...
4
cards
Lesson 28
Why do companies classify nonrede...,
Why are convertible securities as...,
What are the two main reasons cor...
13
cards
Lesson 29
What is a stock warrant,
What is the difference between a ...,
Why do companies include warrants...
12
cards
Lesson 30
What is stock based compensation,
What is a stock option,
What is a grant date
12
cards
Lesson 31
What does earnings per share measure,
Eps measures the amount of money ...,
What are the two measures of eps
12
cards
Lesson 32
What is antidilutive securities,
What is the if converted method,
What is the treasury stock method
7
cards
Module 5
In 2019 chartres inc issued for 1...,
Milo co had 800 000 shares of com...,
On march 1 2021 ruiz corporation ...
4
cards
Unit 6
A company is buying a patent in e...,
A company issues 15 000 shares of...,
A corporation receives a lump sum...
9
cards
Basic Earnings per Share
What is a simple capital structure,
What is earnings per share,
What is the formula for basic ear...
4
cards
Financial Ratios
Asset turnover ratio,
Profit margin ratio,
Rate of return on assets
14
cards
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Account 1.2
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