Test Bank for Fundamentals of Financial Accounting, 6th Edition, Fred Phillips, Robert Libby, Patricia Libby

Product details:

• ISBN-10 ‏ : ‎ 1259864235
• ISBN-13 ‏ : ‎ 978-1259864230
• Author: Robert Libby

Fundamentals of Financial Accounting introduces students to financial accounting using a balanced mix of conversational wording, clear and concise presentations, and everyday examples, allowing students to grasp concepts fundamental to financial accounting without sacrificing rigor or coverage. It incorporates carefully chosen focus companies that students recognize and engage with in their everyday lives. From tech start-ups to some of the world’s most familiar trademark brands, each chapter opens with an engaging scenario or story using a familiar company. The same focus company is used throughout the entire chapter so that students can see how the concepts and calculations apply to a real-world company they are already familiar with.

Table of Contents

1: Business Decisions and Financial Accounting
2: The Balance Sheet
3: The Income Statement
4: Adjustments, Financial Statements, And Financial Results
5: Fraud, Internal Control, and Cash
6: Merchandising Operations and the Multistep Income Statement
7: Inventory and Cost of Goods Sold
8: Receivables, Bad Debt Expense, and Interest Revenue
9: Long-Lived Tangible and Intangible Assets
10: Liabilities
11: Stockholders’ Equity
12: Statement Cash Flows
13: Measuring and Evaluating Financial Performance
Appendix A: Excerpts from the Fiscal 2016 Annual Report of The Home Depot, Inc.
Appendix B: Excerpts from the Fiscal 2016 Annual Report of Lowe’s Companies, Inc.
Appendix C: Present and Future Value Concepts
Appendix D: Investments in Other Corporations

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