User Account

All Pages

Briefly discuss how kelloggs financial statements

Assignment Help Accounting Basics
Reference no: EM131108062

1. Kellogg Company in its 2004 Annual Report in Note 1-Accounting Policies made the comment on page 853 about its accounting for employee stock options and other stock-based compensation. This was the annual report issued the year before the FASB mandated expensing stock options.

(a) Briefly discuss how Kellogg's financial statements will be affected by the adoption of the new standard.

(b) Some companies argued that the recognition provisions of the standard are not needed, because the computation of earnings per share takes into account dilutive securities such as stock options. Do you agree? Explain, using the Kellogg disclosure provided above. 

Reference no: EM131108062

Questions Cloud

Address the battle of gettysburg : Example: If you view a video on the Battle of Gettysburg, you must choose sources for your bibliography that address the Battle of Gettysburg, not the Civil War. Although they are broadly related, the connection must be more focused
Find the npv profiles for each project using discount rates : Cooper Electronics uses NPV profiles to visually evaluate competing projects. Key data for the two projects under consideration are given in the following table. Using these data, graph, on the same set of axes, the NPV profiles for each project usin..
Different than the examples given in the lecture slides : We know that one of the key requirements for a market remain monopoly is to keep high barriers for others to enter the market. We have also learned 5 ways that how does monopolist set high barriers (Lecture slides pages 8-14). Give one example of ind..
Is this characterization of human nature accurate : Is this characterization of human nature accurate? Why or why not? If not, what is an alternative explanation?
Briefly discuss how kelloggs financial statements : Some companies argued that the recognition provisions of the standard are not needed, because the computation of earnings per share takes into account dilutive securities such as stock options. Do you agree?
What is an alternative explanation : what is an alternative explanation
Explain the economic forces affecting the outcome : The baseball season has begun and it is rumored that the city of San Francisco is discussing placing a $2 tax on each ticket sold at AT&T Park. Estimate the incidence of the tax and explain the economic forces affecting the outcome.
Difference between collusive-competitive oligopoly models : Please explain the difference between the collusive and competitive oligopoly models and explain the role that the number of firms and barriers to entry play in determining how real-world oligopolistic industries behave.
New product line would generate incremental sales : Iron Ore What? (IOW) Casting Company is considering adding a new line to its product mix. Sydney Johnson, a recently minted MBA, will be conducting the capital budgeting analysis.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Before-tax operating costs

The spectrometer would have no effect on revenues, but it is expected to save the firm $25,000 per year in before-tax operating costs, mainly labor. The firm's marginal federal-plus-state tax rate is 40%.

  Assess the fraud that occurred in the organization

Based on your research, identify and assess the fraud that occurred in the organization and the impact it has had on the corporation's investors and creditors. Provide support for your rationale.

  You are the accountant for a division of a company that is

you are the accountant for a division of a company that is constructing a building for its own use. it is january 2011

  What is the normal procedure for handling the collection

what is the normal procedure for handling the collection of accounts receivable previously written off using the direct

  Benton company bc has one owner who is in the 35 federal

benton company bc has one owner who is in the 35 federal income tax bracket. bcs gross income is 295000 and its

  From the following accounts and amounts prepare a balance

from the following accounts and amounts prepare a balance sheet for the swell company for december 31 2010. you must

  Do you think the internet has made the students less ethical

Do you think the Internet has made the students less ethical and should there be a code of Ethics for Internet authors and what can colleges do today to help encourage academic integrity and deter unethical behavior?

  The following summarized information relates to the

the following summarized information relates to the installment-sales activity of phillops stores inc. for the year

  Calculate net income to determine bonus

Managers are given bonuses based on the financial accounting net income for their product line. Which one of the following methods, used internally, would best accomplish this? a. Use absorption costing to calculate net income to determine their bo..

  Max company has units costs of 3 for materials and 9

max company has units costs of 3 for materials and 9 conversion costs. there are 5600 units in ending work in process

  How many round trips is michael currently flying and how

break-even what if lo 3 michael bordellet is the ownerpilot of bordellet air service. the company flies a daily round

  Steve sims started a consulting business on january 1 2012

steve sims started a consulting business on january 1 2012 and the business engaged in the following transactions

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd