Questions from General Accounting

Q: Refer to the Intel Corporation annual report for 2008 in the appendix

Refer to the Intel Corporation annual report for 2008 in the appendix or to the most recent full annual report that you have downloaded from Intel’s Web site. Find and scan the financial review (notes...

Q: Find and read management’s statement of responsibility in the annual report that

Find and read management’s statement of responsibility in the annual report that you obtained either as a result of completing Exercise 1.1 or otherwise. Identify the principal topics covered in that...

Q: During the fiscal year ended September 30, 2011, Worrell,

During the fiscal year ended September 30, 2011, Worrell, Inc., had a 2-for-1 stock split and a 5% stock dividend. In its annual report for 2011, the company reported earnings per share for the year e...

Q: Refer to the “Corporate Governance & Ethics” disclosures provided under

Refer to the “Corporate Governance & Ethics” disclosures provided under the “Investor Relations” link on Intel Corporation’s Web site. Identify the principal topics covered in those disclosures. Are t...

Q: It is impossible for an auditor to “guarantee” that a

It is impossible for an auditor to “guarantee” that a company’s financial statements are free of all error because the cost to the company to achieve absolute accuracy (even if that were possible) and...

Q: Richards, Inc. incurred the following costs during May:

Richards, Inc. incurred the following costs during May: Raw materials used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 662,000 Direct labor . . . . . . . . . . . . . . . . . . . . ....

Q: To what extent is the auditors’ opinion an indicator of a company’s

To what extent is the auditors’ opinion an indicator of a company’s future financial success and future cash dividends to stockholders?

Q: Following are selected data from the November 30, 2008, and

Following are selected data from the November 30, 2008, and November 25, 2007, consolidated balance sheets and income statements for the years then ended for Levi Strauss & Co. and Subsidiaries. A...

Q: Required: a. For the year ended December 31,

Required: a. For the year ended December 31, 2009, Finco, Inc. reported earnings per share of $3.12. During 2010 the company had a 3-for-1 stock split. Calculate the 2009 earnings per share that will...

Q: This problem is based on the 2008 annual report of Intel Corporation

This problem is based on the 2008 annual report of Intel Corporation in the appendix. Find in the Selected Financial Data (also known as the Five-Year Financial Summary), or calculate, the following d...