1. OCTOBER 15, 2008 FINANCIAL RESULTS 3Q08 2. Washington Mutual Transaction Update Washington Mutual related items are estimates – expect future refinements as needed $…

CPA REVIEW SCHOOL OF THE PHILIPPINES Manila MANAGEMENT ADVISORY SERVICES FINANCIAL STATEMENT ANALYSIS THEORY 1. When a balance sheet amount is related to an income statement…

CHAPTER 13 CORPORATIONS: ORGANIZATION AND CAPITAL STOCK TRANSACTIONS SUMMARY OF QUESTIONS BY STUDY OBJECTIVES AND BLOOM’S TAXONOMY Item 1. 2. 3. 4. 5. 6. 7. 8. 37. 38.…

Warm up exercises E3-1 INCOME STATEMENT Sales (-) Cost of good Sales a) Gross Profit (-) Operating Expenses ($000,000) 345 255 90 25 22 18 4 69 21 3 18 6.3 11.7 4.7 7 1.65…

Assets Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net of allowance of $80,086 and $78,884 Deferred income taxes, net Income taxes…

Chapter 10 SUBSIDIARY PREFERRED STOCK, CONSOLIDATED EARNINGS PER SHARE, AND CONSOLIDATED INCOME TAXATION Answers to Questions 1 Par’s investment income Sam’s net income…

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