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15 Cards in this Set
- Front
- Back
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What are extraordinart items?
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Hurricanes, floods, etc.
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Figure Earnings per Share (Using Common Stock Outstanding)
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Earnings/Outstanding Shares
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what is the P/E ratio (indicate?)
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What the market is willing to pay
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Characteristics of bonds
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Interest paid when bond is due, bipasses the bank, interest expense is deductible, no guarentee to stockholders
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Debenture Bond
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No collateral
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Serial Bond
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Different maturity dates
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Convertible Bond
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Converts to common stock
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Callabe Bond
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Redeemable before maturity dates
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When will a bond sell at discount?
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When the interest rateis lower than the market
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Pricing of bond (ie. 102 means?)
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102% of face
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Sinking fund is...
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Money set aside in special accounts so when maturity is due the money is available
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Journal entry for issuance of bond
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Debit cash, credit bonds payable
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Operating activities
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Depreciation/Net income
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Investing activities
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Fixed assets
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Financing activities
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Stock, dividend, bond
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