The Portable MBA in Finance and Accounting, 3rd Edition

88 Understanding the Numbers EXHIBIT 2.35 Adjustment worksheet for sustainable earnings base: Baker Hughes Inc., years ended Sep ...

Analyzing Business Earnings 89 EXHIBIT 2.35 (Continued) 1995 1996 1997 Deduct Pretax LIFO liquidation gains Gains on sales of fi ...

90 Understanding the Numbers EXHIBIT 2.36 Summary of nonrecurring items search process: Baker Hughes Inc. Step and Search Locati ...

Analyzing Business Earnings 91 worksheet, the company’s three-year operating performance is virtually impos- sible to discern. T ...

92 Understanding the Numbers Column 3: Same as column 1 except only material nonrecurring items (those items exceeding 5% of net ...

Analyzing Business Earnings 93 cash f lows represent recognized but unrealized gains and losses. As such, there are no associate ...

94 Understanding the Numbers Hughes disclosed that it recognized equity income from Varco of $3.2 million in 1995 and $1.8 milli ...

Analyzing Business Earnings 95 There are no agreed-upon definitions of nonrecurring items as part of GAAP. Moreover, a variety ...

96 Understanding the Numbers http://www.sec.gov A source for accessing company Securities and Exchange Commission filings. This ...

Analyzing Business Earnings 97 Cisco Systems Inc. (1999) Colonial Commercial Corporation (1999) Corning Inc. (1999) Cryomedical ...

98 Understanding the Numbers New England Business Services Inc. (1996) Noble Drilling Inc. (1991) NS Group Inc. (1992) Office De ...

Analyzing Business Earnings 99 to receive separate disclosure. Delta Air Lines, annual report, June 2000, 36. Delta does disclos ...

100 Understanding the Numbers Handy and Harman Inc., annual report, December 1997. Information ob- tained from Disclosure Inc., ...

Analyzing Business Earnings 101 Office Depot Inc., annual report, December 1999, 57, 56. SFAS No. 130, Repor ting Comprehensive ...

102 3 COST-VOLUME - PROFIT ANALYSIS William C. Lawler Abigail Peabody was a very well-known nature photographer. Over the years ...

Cost-Volume -Profit Analysis 103 ideas such as the Baskets of Nantucketbest-seller, and edited my work word- by-word and frame-b ...

104 Understanding the Numbers “That’s more like it. For now, let’s ‘roll the bones’—I mean, assume risk is not an issue. What do ...

Cost-Volume -Profit Analysis 105 directly to them. Until that traffic happens, the Web designers will develop links with all the ...

106 Understanding the Numbers Abbey thought she understood. “So this structure will always be the same?” “ With one proviso,” St ...

Cost-Volume -Profit Analysis 107 Exhibit 3.4). On my graph, this is the point where the revenue line intersects the total cost l ...