Exercise 12.01 – Matching
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Matching using these terms and descriptions.
Matching using these terms and descriptions.
Calculate the return on assets.
Your numbers will vary.
Determine the proper classification of income statement items.
Classify each accounting change as either conservative or aggressive.
Given an income statement… calculate the percentage of each sale along with which company is more profitable.
Given income statements for two segments of a company… calculate the percentage of each to sales while also determining which is more profitable.
Given income statements for two years… calculate the increase or decrease amounts and percentages.
Your numbers will vary.
Given income statements for two years…, determine the amount and percentage of increase or decrease.
Your numbers will vary.