操作结新果报告(ppt 42页)(英文)

Net Sales Cost of goods sold Gross margin Operating expenses:
Selling expenses General & Admin. exp. Loss on settlement of lawsuit Income taxes Income from Continuing Operations Discontinued Operations Extraordinary Items Cumulative effect of a change in accounting principle Net income
$ 1,015,000
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
Slide 12-6
Discontinued Operations
When management enters into a formal plan to sell or discontinue a segment of the business.
?The McGraw-Hill Companies, Inc., 1999
Slide 12-3
Ross Corporation Income Statement For the Year Ended December 31, 2001
Net Sales Cost of goods sold Gross margin Operating expenses:
Slide 12-4
Ross Corporation Income Statement For the Year Ended December 31, 2001
Net Sales Cost of goods sold Gross margin Operating expenses:
Selling expenses General & Admin. exp. Loss on settlement of lawsuit Income taxes Income from Continuing Operations Discontinued Operations Extraordinary Items Cumulative effect of a change in accounting principle Net income
Slide 12-1
Chapter 12
Income and Changes in Retained Earnings
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
Slide 12-2
Reporting the Results of Operations
Income from
continuing operations.
Irwin/McGraw-Hill
1. The results of discontinued operations.
2. The impact of extfects of changes in accounting principles.
Discontinued Operations
Irwin/McGraw-Hill
Income/Loss from operating the segment
$ 8,000,000 4,500,000
$ 3,500,000
$ 1,500,000
This92t0a,x00e0 xpense doe3s8000n,,00o00t00inclu2d,8e00,000 effects of un$usua70l,0,000 nonrecurring item24s5.,000
$ 8,000,000 4,500,000
$ 3,500,000
$ 1,500,000
920,000
80,000
300,000
2,800,000
$ 700,000
245,000
(70,000)
140,000 $ 1,015,000
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
$ 8,000,000 4,500,000
$ 3,500,000
$ 1,500,000
920,000
80,000
300,000
2,800,000
$ 700,000
These unusua2l4,5,000
nonrecurring item(s70,a0r0e0)
each reported net of taxes. 140,000
Selling expenses General & Admin. exp. Loss on settlement of lawsuit Income taxes Income from Continuing Operations Discontinued Operations Extraordinary Items Cumulative effect of a change in accounting principle Net income
(70,000)
140,000 $ 1,015,000
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
Slide 12-5
Ross Corporation Income Statement For the Year Ended December 31, 2001
Information about net income is used by investors, creditors, and other financial statement users.
Normal, recurring revenue and expense
transactions.
Unusual, nonrecurring events that affect net income.