Textbook Notes for MGAB02H3 at University of Toronto Scarborough (UTSC)

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UTSCMGAB02H3Liang ChenWinter

Chapter 9 Notes

OC26027 Page
10 Jan 2011
76
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UTSCMGAB02H3Liang ChenWinter

MGAB02H3 Chapter Notes - Chapter 13: Cash Flow Statement, Current Liability, Current Asset

OC26026 Page
10 Jan 2011
43
N provide information on the success or failure of a business. However, some people are critical of accrual-based net earnings because these earnings r
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UTSCMGAB02H3Liang ChenWinter

Chapter 10 Notes

OC26026 Page
10 Jan 2011
71
N with line of credit, bank simply covers any cheques written in excess of the bank account balance, up to the approved credit limit. N most notes are
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UTSCMGAB02H3Douglas KongSummer

MGAB02H3 Chapter Notes - Chapter 11: Private Placement, Current Liability, Debenture

OC5010564 Page
28 May 2016
20
Non-current liabilities are all of the entity"s obligations not classified as current liabilities. If company"s need for debt capital exceeds financial
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UTSCMGAB02H3Douglas KongSummer

MGAB02H3 Chapter Notes - Chapter 9: Intangible Asset, Book Value, Fixed Asset

OC5010568 Page
16 May 2016
16
Reporting and interpreting property, plant, and equipment; natural. Acquisition and maintenance of property, plant, and equipment. Long-lived (long-ter
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UTSCMGAB02H3Douglas KongSummer

MGAB02H3 Chapter Notes - Chapter 10: Promissory Note, Current Liability, Deferred Income

OC5010563 Page
28 May 2016
22
Capital structure mixture of debt and equity that finances the short- and long- term operating requirements of a company. Liabilities are debts or obli
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UTSCMGAB02H3G.Quan FunWinter

MGAB02H3 Chapter Notes - Chapter 5: Cash Flow, Retained Earnings, Current Liability

OC592983 Page
12 Apr 2013
41
The statement of cash flows explains how the cash balance at the beginning of the period changed to another cash balance at the end of the period. Cash
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UTSCMGAB02H3Liang ChenWinter

MGAB02H3 Chapter Notes - Chapter 14: Profit Margin

OC26026 Page
10 Jan 2011
45
N when a change is made, it is classified as either voluntary or mandatory. Intracompany basis: this basis compares an item or financial relationship i
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UTSCMGAB02H3Douglas KongSummer

MGAB02H3 Chapter Notes - Chapter 12: Authorised Capital, Pro Rata, Issued Shares

OC5010563 Page
30 Jun 2016
24
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UTSCMGAB02H3Liang ChenWinter

MGAB02H3 Chapter Notes - Chapter 10: Bulk Barn, Deferred Income, Promissory Note

Brigitte Tran11 Page
18 Apr 2017
0
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UTSCMGAB02H3Douglas KongSummer

MGAB02H3 Chapter Notes - Chapter 5: Retained Earnings, Current Liability, Common Rule

OC5010564 Page
8 Jul 2016
18
Cash equivalents short-term, highly liquid investments that are both: readily convertible to known amounts of cash, and, less than three months to thei
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UTSCMGAB02H3Liang ChenWinter

MGAB02H3 Chapter Notes - Chapter 9: Bulk Barn, Book Value, Intangible Asset

Brigitte Tran8 Page
18 Apr 2017
0
Long-lived assets: resources owned by business/used in operations to produce benefits over several years . Fixed asset turnover ratio: net sales (or op
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