Special Income and Investment Reporting Issues
CHAPTER OUTLINE LEARNING GOALS IN-TEXT EXERCISES AND PROBLEMSUnusual Items Affecting the
Income Statement- Unusual Items Affecting Income
from Continuing Operations - Unusual Items Not Affecting Income
from Continuing Operations - Reporting Unusual Below-the-Line Items
Learning Goal 1: Prepare an income
statement reporting the following
unusual items: fixed asset impairments,
restructuring charges, discontinued
operations, extraordinary items, and
cumulative changes in accounting
principles.Exercises
12-1, 12-2, 12-3, 12-4, 12-5, 12-6,
12-8, 12-9, 12-10 (spreadsheet),
12-11
Accounting Application Problems
12-2B (spreadsheet)Earnings per Common Share Learning Goal 2:Prepare an income
statement reporting earnings per
share data.Exercises
12-7, 12-10 (spreadsheet), 12-11
Accounting Application Problems
12-1A (spreadsheet), 12-2A
(spreadsheet), 12-1B (spreadsheet),
12-2B (spreadsheet)Accounting for Investments in Stocks- Short-Term Investments in Stocks
- Long-Term Investments in Stocks
- Sale of Investments in Stocks
- Investment Disclosures
- Business Combinations
Learning Goal 3:Describe the
accounting for investments in stocks.Exercises
12-12, 12-13, 12-14, 12-15
(spreadsheet), 12-16, 12-17, 12-18
(spreadsheet), 12-19, 12-20, 12-21,
12-22
Accounting Application Problems
12-1A (spreadsheet), 12-2A (spread-
sheet), 12-3A, 12-1B (spreadsheet),
12-2B (spreadsheet)Investments in Bonds- Accounting for Bond
Investments—Purchase, Interest,
and Amortization - Accounting for Bond
Investments—Sale
Learning Goal 4:Record entries for
the purchase, interest, discount and
premium amortization, and sale of
bond investments.Exercises
12-23, 12-24
Accounting Application Problems
12-4A (spreadsheet), 12-3B, 12-4B
(spreadsheet)Market-Based Financial Measures- Price-Earnings Ratio
- Price-Book Ratio
Learning Goal 5: Compute and
interpret the price-earnings and
price-book ratios.Exercises
12-25, 12-26, 12-2712 chapter