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| | | | | Financial & Managerial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College
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| | Learning Objectives
Chapter 13: The Corporate Income Statement and the Statement of Stockholders' Equity
- Identify the issues related to evaluating the quality of a company’s earnings.
- Prepare a corporate income statement.
- Show the relationships among income taxes expense, deferred income taxes, and net of taxes.
- Describe the disclosure on the income statement of discontinued operations, extraordinary items, and accounting changes.
- Compute earnings per share.
- Prepare a statement of stockholders’ equity.
- Account for stock dividends and stock splits.
- Calculate book value per share.
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