Wharton Custom Edition, 3e

Financial & Managerial Accounting for MBAs

by Hanlon, Magee, Pfeiffer, Dyckman, Hopkins, Halsey

ISBN: 978-1-61853-346-3 | Copyright 2020

Click here to preview

Tabs
Expand/Collapse All
Wharton MBA Custom_Vol_I (pg. Vol I -i)
About the Authors (pg. Vol I -iii)
Preface (pg. Vol I -v)
Contents (pg. Vol I -ix)
Chapter 1 Introducing Financial Accounting (pg. Vol I -2)
Demand for Accounting Information (pg. Vol I -4)
Business Activities (pg. Vol I -7)
Financial Statements (pg. Vol I -11)
Financial Reporting Environment (pg. Vol I -17)
Analyzing Financial Statements (pg. Vol I -21)
Organization of the Book (pg. Vol I -25)
Appendix 1A: Conceptual Framework for Financial Reporting (pg. Vol I -26)
Summary (pg. Vol I -28)
Guidance Answers . . . You Make the Call (pg. Vol I -30)
Key Ratios (pg. Vol I -30)
Key Terms (pg. Vol I -30)
Multiple Choice (pg. Vol I -31)
Questions (pg. Vol I -31)
Mini Exercises (pg. Vol I -32)
Exercises (pg. Vol I -33)
Problems (pg. Vol I -35)
Solutions to Review Problems (pg. Vol I -39)
Chapter 2 Constructing Financial Statements (pg. Vol I -42)
Reporting Financial Condition (pg. Vol I -44)
Reporting Financial Performance (pg. Vol I -53)
Reporting on Equity (pg. Vol I -60)
Journalizing and Posting Transactions (pg. Vol I -62)
Analyzing Financial Statements (pg. Vol I -71)
Summary (pg. Vol I -73)
Guidance Answers . . . You Make the Call (pg. Vol I -74)
Key Ratios (pg. Vol I -74)
Key Terms (pg. Vol I -75)
Multiple Choice (pg. Vol I -75)
Questions (pg. Vol I -76)
Mini Exercises (pg. Vol I -76)
Exercises (pg. Vol I -80)
Problems (pg. Vol I -86)
Cases and Projects (pg. Vol I -92)
Solutions to Review Problems (pg. Vol I -93)
Chapter 3 Adjusting Accounts for Financial Statements (pg. Vol I -100)
Accounting Cycle (pg. Vol I -102)
Analyzing and Recording Transactions (pg. Vol I -103)
Adjusting the Accounts (pg. Vol I -109)
Constructing Financial Statements from Adjusted Accounts (pg. Vol I -118)
Closing Temporary Accounts (pg. Vol I -122)
Summarizing the Accounting Cycle (pg. Vol I -125)
Financial Statement Analysis (pg. Vol I -125)
Summary (pg. Vol I -128)
Guidance Answers . . . You Make the Call (pg. Vol I -128)
Key Terms (pg. Vol I -129)
Multiple Choice (pg. Vol I -129)
Questions (pg. Vol I -130)
Mini Exercises (pg. Vol I -130)
Exercises (pg. Vol I -133)
Problems (pg. Vol I -136)
Cases and Projects (pg. Vol I -145)
Solutions to Review Problems (pg. Vol I -147)
Chapter 4 Reporting and Analyzing Cash Flows (pg. Vol I -156)
Purpose of the Statement of Cash Flows (pg. Vol I -158)
Framework for the Statement of Cash Flows (pg. Vol I -159)
Preparing the Statement of Cash Flows-Operating Activities (pg. Vol I -162)
Preparing the Statement of Cash Flows-Investing and Financing Activities (pg. Vol I -174)
Additional Detail in the Statement of Cash Flows (pg. Vol I -177)
Appendix 4A: A Spreadsheet Approach to Preparing the Statement of Cash Flows (pg. Vol I -186)
Summary (pg. Vol I -189)
Guidance Answers . . . You Make the Call (pg. Vol I -190)
Key Ratios (pg. Vol I -191)
Key Terms (pg. Vol I -191)
Multiple Choice (pg. Vol I -191)
Questions (pg. Vol I -192)
Mini Exercises (pg. Vol I -193)
Exercises (pg. Vol I -197)
Problems (pg. Vol I -201)
Cases and Projects (pg. Vol I -209)
Solutions to Review Problems (pg. Vol I -214)
Chapter 5 Analyzing and Interpreting Financial Statements (pg. Vol I -218)
Introduction (pg. Vol I -220)
Vertical and Horizontal Analysis (pg. Vol I -221)
Return on Investment (pg. Vol I -225)
Liquidity and Solvency (pg. Vol I -233)
Appendix 5A: Analyzing and Interpreting Core Operating Activities (pg. Vol I -241)
Appendix 5B: Financial Statement Forecasts (pg. Vol I -243)
Summary (pg. Vol I -248)
Key Ratios (pg. Vol I -249)
Key Terms (pg. Vol I -250)
Multiple Choice (pg. Vol I -250)
Guidance Answers . . . You Make the Call (pg. Vol I -251)
Questions (pg. Vol I -251)
Mini Exercises (pg. Vol I -251)
Exercises (pg. Vol I -255)
Problems (pg. Vol I -259)
Cases and Projects (pg. Vol I -265)
Solutions to Review Problems (pg. Vol I -266)
Chapter 6 Reporting and Analyzing Revenues, Receivables, and Operating Income (pg. Vol I -270)
Reporting Operating Income (pg. Vol I -272)
Reporting Accounts Receivable (pg. Vol I -283)
Analyzing Financial Statements (pg. Vol I -291)
Earnings Management (pg. Vol I -296)
Appendix 6A: Reporting Nonrecurring Items (pg. Vol I -298)
Summary (pg. Vol I -301)
Guidance Answers . . . You Make the Call (pg. Vol I -302)
Key Ratios (pg. Vol I -302)
Key Terms (pg. Vol I -303)
Multiple Choice (pg. Vol I -303)
Questions (pg. Vol I -304)
Mini Exercises (pg. Vol I -304)
Exercises (pg. Vol I -308)
Problems (pg. Vol I -314)
Cases and Projects (pg. Vol I -317)
Solutions to Review Problems (pg. Vol I -321)
Chapter 7 Reporting and Analyzing Inventory (pg. Vol I -326)
Reporting Operating Expenses (pg. Vol I -328)
Inventory Costing Methods (pg. Vol I -332)
Financial Statement Effects and Disclosure (pg. Vol I -340)
Analyzing Financial Statements (pg. Vol I -345)
Appendix 7A: LIFO Liquidation (pg. Vol I -351)
Summary (pg. Vol I -353)
Guidance Answers . . . You Make the Call (pg. Vol I -354)
Key Ratios (pg. Vol I -354)
Key Terms (pg. Vol I -354)
Multiple Choice (pg. Vol I -355)
Questions (pg. Vol I -356)
Mini Exercises (pg. Vol I -356)
Exercises (pg. Vol I -359)
Problems (pg. Vol I -362)
Cases and Projects (pg. Vol I -365)
Solutions to Review Problems (pg. Vol I -366)
Chapter 8 Reporting and Analyzing Long-Term Operating Assets (pg. Vol I -372)
Introduction (pg. Vol I -374)
Property, Plant, and Equipment (PPE) (pg. Vol I -374)
Analyzing Financial Statements (pg. Vol I -384)
Intangible Assets (pg. Vol I -388)
Summary (pg. Vol I -394)
Guidance Answers . . . You Make the Call (pg. Vol I -395)
Key Ratios (pg. Vol I -395)
Key Terms (pg. Vol I -395)
Multiple Choice (pg. Vol I -396)
Questions (pg. Vol I -396)
Mini Exercises (pg. Vol I -397)
Exercises (pg. Vol I -399)
Problems (pg. Vol I -402)
Cases and Projects (pg. Vol I -405)
Solutions to Review Problems (pg. Vol I -407)
Chapter 9 Reporting and Analyzing Liabilities (pg. Vol I -412)
Introduction (pg. Vol I -414)
Current Liabilities (pg. Vol I -415)
Long-Term Liabilities (pg. Vol I -424)
Analyzing Financial Statements (pg. Vol I -438)
Summary (pg. Vol I -443)
Guidance Answers . . . You Make the Call (pg. Vol I -444)
Key Ratios (pg. Vol I -444)
Key Terms (pg. Vol I -444)
Multiple Choice (pg. Vol I -445)
Questions (pg. Vol I -445)
Mini Exercises (pg. Vol I -446)
Exercises (pg. Vol I -449)
Problems (pg. Vol I -452)
Cases and Projects (pg. Vol I -456)
Solutions to Review Problems (pg. Vol I -458)
Chapter 10 Reporting and Analyzing Leases, Pensions, Income Taxes, and Commitments and Contingencies (pg. Vol I -462)
Introduction (pg. Vol I -464)
Leases (pg. Vol I -465)
Pensions (pg. Vol I -477)
Accounting For Income Taxes (pg. Vol I -486)
Commitments and Contengencies and Other Disclosures (pg. Vol I -498)
Analyzing Financial Statements (pg. Vol I -499)
Summary (pg. Vol I -501)
Guidance Answers . . . You Make The Call (pg. Vol I -502)
Key Ratios (pg. Vol I -502)
Key Terms (pg. Vol I -502)
Multiple Choice (pg. Vol I -502)
Questions (pg. Vol I -503)
Mini Exercises (pg. Vol I -504)
Exercises (pg. Vol I -506)
Problems (pg. Vol I -512)
Cases and Projects (pg. Vol I -518)
Solutions to Review Problems (pg. Vol I -523)
Chapter 11 Reporting and Analyzing Stockholders’ Equity (pg. Vol I -528)
Introduction (pg. Vol I -530)
Contributed Capital (pg. Vol I -531)
Earned Capital (pg. Vol I -538)
Analyzing Financial Statements (pg. Vol I -544)
Earnings Per Share (pg. Vol I -546)
Appendix 11A: Dilutive Securities: Accounting for convertible securities, stock options, and restr (pg. Vol I -549)
Summary (pg. Vol I -555)
Guidance Answers . . . You Make the Call (pg. Vol I -556)
Key Ratios (pg. Vol I -556)
Key Terms (pg. Vol I -557)
Multiple Choice (pg. Vol I -557)
Questions (pg. Vol I -558)
Exercises (pg. Vol I -563)
Problems (pg. Vol I -568)
Cases and Projects (pg. Vol I -572)
Solutions to Review Problems (pg. Vol I -576)
Chapter 12 Reporting and Analyzing Financial Investments (pg. Vol I -580)
Introduction (pg. Vol I -582)
Fair Value: An Introduction (pg. Vol I -584)
Passive Investments in Debt Securities (pg. Vol I -584)
Passive Investments in Equity Securities (pg. Vol I -591)
Investments with Significant Influence (pg. Vol I -596)
Investments with Control (pg. Vol I -600)
Financial Statement Analysis (pg. Vol I -608)
Appendix 12A: Equity Method Mechanics (pg. Vol I -609)
Appendix 12B: Consolidation Accounting Mechanics (pg. Vol I -611)
Appendix 12C: Accounting for Investments in Derivatives (pg. Vol I -612)
Summary (pg. Vol I -613)
Guidance Answers . . . You Make the Call (pg. Vol I -615)
Key Terms (pg. Vol I -615)
Questions (pg. Vol I -616)
Mini Exercises (pg. Vol I -616)
Exercises (pg. Vol I -619)
Problems (pg. Vol I -626)
Cases and Projects (pg. Vol I -630)
Solutions to Review Problems (pg. Vol I -632)
Appendix A Compound Interest and the TimeValue of Money (pg. Vol I - A1)
Future Value Concepts (pg. Vol I - A2)
Present Value Concepts (pg. Vol I - A3)
Using Excel to Compute Time Value (pg. Vol I - A7)
Key Terms (pg. Vol I - A17)
Exercises (pg. Vol I - A17)
Appendix B: Data Analytics and Blockchain Technology (pg. Vol I - B1)
Data Analytics (pg. Vol I - B2)
Blockchain Technology (pg. Vol I - B3)
Summary (pg. Vol I - B5)
Key Terms (pg. Vol I - B5)
Multiple Choice (pg. Vol I - B5)
Exercises (pg. Vol I - B6)
Index (pg. Vol I - I1)
Wharton MBA Custom_Vol_II (pg. Vol II -iii)
Brief Contents (pg. Vol II -iii)
Contents (pg. Vol II -iv)
Chapter 13 Managerial Accounting: Tools for Decision Making (pg. Vol II -638)
Uses of Accounting Information (pg. Vol II -640)
Mid-Chapter Review 1 (pg. Vol II -643)
Mid-Chapter Review 2 (pg. Vol II -644)
Missions, Goals, and Strategies (pg. Vol II -644)
Mid-Chapter Review 3 (pg. Vol II -649)
Changing Environment of Business (pg. Vol II -649)
Mid-Chapter Review 4 (pg. Vol II -651)
Ethics in Managerial Accounting (pg. Vol II -651)
Mid-Chapter Review 5 (pg. Vol II -654)
Cost Drivers (pg. Vol II -655)
Chapter-End Review (pg. Vol II -658)
Guidance Answers . . . You Make the Call (pg. Vol II -658)
Key Terms (pg. Vol II -658)
Multiple Choice (pg. Vol II -659)
Questions (pg. Vol II -659)
Mini Exercises (pg. Vol II -660)
Exercises (pg. Vol II -662)
Cases and Projects (pg. Vol II -663)
Solutions to Review Problems (pg. Vol II -665)
Chapter 14 Cost Behavior, Activity Analysis, and Cost Estimation (pg. Vol II -668)
Cost Behavior Analysis (pg. Vol II -670)
Mid-Chapter Review 1 (pg. Vol II -673)
Mid-Chapter Review 2 (pg. Vol II -678)
Cost Estimation (pg. Vol II -679)
Mid-Chapter Review 3 (pg. Vol II -684)
Additional Issues in Cost Estimation (pg. Vol II -684)
Mid-Chapter Review 4 (pg. Vol II -685)
Alternative Cost Driver Classifications (pg. Vol II -685)
Chapter-End Review (pg. Vol II -688)
Guidance Answers . . . You Make the Call (pg. Vol II -689)
KEY RATIOS (pg. Vol II -689)
Key Terms (pg. Vol II -690)
Multiple Choice (pg. Vol II -690)
Questions (pg. Vol II -691)
Mini Exercises (pg. Vol II -692)
Exercises (pg. Vol II -694)
Problems (pg. Vol II -697)
Cases and Projects (pg. Vol II -699)
Solutions to Review Problems (pg. Vol II -702)
Chapter 15 Cost-Volume-Profit Analysis and Planning (pg. Vol II -704)
Cost-Volume-Profit Analysis (pg. Vol II -706)
Mid-Chapter Review 1 (pg. Vol II -710)
Contribution and Functional Income Statements (pg. Vol II -710)
Mid-Chapter Review 2 (pg. Vol II -712)
Break-Even Point and Profit Planning (pg. Vol II -712)
Mid-Chapter Review 3 (pg. Vol II -718)
Multiple-Product Cost-Volume-Profit Analysis (pg. Vol II -718)
Mid-Chapter Review 4 (pg. Vol II -722)
Analysis of Operating Leverage (pg. Vol II -722)
Chapter-End Review (pg. Vol II -724)
Appendix 15A: Profitability Analysis with Unit and Nonunit Cost Drivers (pg. Vol II -724)
Appendix 15A Review (pg. Vol II -727)
Guidance Answers . . . You Make the Call (pg. Vol II -727)
Key Ratios (pg. Vol II -728)
Key Terms (pg. Vol II -728)
Multiple Choice (pg. Vol II -728)
Questions (pg. Vol II -730)
Mini Exercises (pg. Vol II -730)
Exercises (pg. Vol II -732)
Problems (pg. Vol II -736)
Cases and Projects (pg. Vol II -740)
Solutions to Review Problems (pg. Vol II -742)
Chapter 16 Relevant Costs and Benefits for Decision Making (pg. Vol II -746)
Identifying Relevant Costs (pg. Vol II -748)
Mid-Chapter Review 1 (pg. Vol II -752)
Differential Analysis of Relevant Costs (pg. Vol II -752)
Mid-Chapter Review 2 (pg. Vol II -753)
Applying Differential Analysis (pg. Vol II -753)
Mid-Chapter Review 3 (pg. Vol II -755)
Mid-Chapter Review 4 (pg. Vol II -758)
Mid-Chapter Review 5 (pg. Vol II -762)
Mid-Chapter Review 6 (pg. Vol II -764)
Use of Limited Resources (pg. Vol II -764)
Chapter-End Review (pg. Vol II -767)
Guidance Answers . . . You Make the Call (pg. Vol II -767)
Key Terms (pg. Vol II -768)
Multiple Choice (pg. Vol II -768)
Questions (pg. Vol II -769)
Mini Exercises (pg. Vol II -769)
Exercises (pg. Vol II -772)
Problems (pg. Vol II -776)
Cases and Projects (pg. Vol II -780)
Solutions to Review Problems (pg. Vol II -783)
Chapter 17 Product Costing: Job and Process Operations (pg. Vol II -788)
Inventory Costs in Various Organizations (pg. Vol II -790)
Mid-Chapter Review 1 (pg. Vol II -791)
Inventory Costs for Financial Reporting (pg. Vol II -792)
Mid-Chapter Review 2 (pg. Vol II -796)
The Production Environment (pg. Vol II -796)
Mid-Chapter Review 3 (pg. Vol II -798)
Job Costing for Products and Services (pg. Vol II -798)
Mid-Chapter Review 4 (pg. Vol II -807)
Process Costing (pg. Vol II -808)
Chapter-End Review (pg. Vol II -813)
Appendix 17A: Absorption and Variable Costing (pg. Vol II -814)
Appendix 17A Review (pg. Vol II -818)
Guidance Answers . . . You Make the Call (pg. Vol II -819)
Key Ratios (pg. Vol II -819)
Key Terms (pg. Vol II -819)
Multiple Choice (pg. Vol II -820)
Questions (pg. Vol II -821)
Mini Exercises (pg. Vol II -822)
Exercises (pg. Vol II -823)
Problems (pg. Vol II -828)
Cases and Projects (pg. Vol II -834)
Solutions to Review Problems (pg. Vol II -836)
Chapter 18 Activity-Based Costing, Customer Profitability, and Activity-Based Management (pg. Vol II -842)
Activity-Based Costing (ABC) (pg. Vol II -844)
Mid-Chapter Review 1 (pg. Vol II -845)
Mid-Chapter Review 2 (pg. Vol II -847)
Traditional Product Costing and ABC Compared (pg. Vol II -848)
Mid-Chapter Review 3 (pg. Vol II -853)
Implementation of ABC (pg. Vol II -854)
Mid-Chapter Review 4 (pg. Vol II -856)
ABC and Customer Profitability Analysis (pg. Vol II -857)
Mid-Chapter Review 5 (pg. Vol II -860)
Activity-Based Management (pg. Vol II -860)
Chapter-End Review (pg. Vol II -861)
Guidance Answers . . . You Make the Call (pg. Vol II -861)
Key Terms (pg. Vol II -862)
Multiple Choice (pg. Vol II -862)
Questions (pg. Vol II -863)
Mini Exercises (pg. Vol II -863)
Exercises (pg. Vol II -867)
Problems (pg. Vol II -870)
Cases and Projects (pg. Vol II -875)
Solutions to Review Problems (pg. Vol II -879)
Chapter 19 Additional Topics in Product Costing (pg. Vol II -882)
Production and Service Department Costs (pg. Vol II -884)
Mid-Chapter Review 1 (pg. Vol II -885)
Service Department Cost Allocation (pg. Vol II -885)
Mid-Chapter Review 2 (pg. Vol II -891)
Lean Production and Just-in-Time Inventory Management (pg. Vol II -891)
Mid-Chapter Review 3 (pg. Vol II -894)
Performance Evaluation and Recordkeeping with Lean Production and JIT (pg. Vol II -894)
Mid-Chapter Review 4 (pg. Vol II -897)
Increased Focus on Data-Driven Decision Making (pg. Vol II -897)
End-Chapter Review (pg. Vol II -898)
Guidance Answers . . . You Make the Call (pg. Vol II -898)
KEY RATIOS (pg. Vol II -899)
Key Terms (pg. Vol II -899)
Multiple Choice (pg. Vol II -899)
Questions (pg. Vol II -901)
Mini Exercises (pg. Vol II -901)
Exercises (pg. Vol II -903)
Problems (pg. Vol II -905)
Cases and Projects (pg. Vol II -909)
Solutions to Review Problems (pg. Vol II -910)
Chapter 20 Pricing and Other Product Management Decisions (pg. Vol II -914)
Understanding the Value Chain (pg. Vol II -916)
Mid-Chapter Review 1 (pg. Vol II -920)
The Pricing Decision (pg. Vol II -920)
Mid-Chapter Review 2 (pg. Vol II -924)
Target Costing (pg. Vol II -925)
Mid-Chapter Review 3 (pg. Vol II -930)
Continuous Improvement Costing (pg. Vol II -930)
Mid-Chapter Review 4 (pg. Vol II -931)
Benchmarking (pg. Vol II -932)
Chapter-End Review (pg. Vol II -933)
Guidance Answers . . . You Make the Call (pg. Vol II -933)
KEY RATIO (pg. Vol II -933)
Key TermS (pg. Vol II -933)
Multiple Choice (pg. Vol II -934)
Questions (pg. Vol II -935)
Mini Exercises (pg. Vol II -935)
Exercises (pg. Vol II -936)
Problems (pg. Vol II -938)
Cases and Projects (pg. Vol II -940)
Solutions to Review Problems (pg. Vol II -941)
Chapter 21 Operational Budgeting and Profit Planning (pg. Vol II -944)
Reasons for Budgeting (pg. Vol II -946)
Mid-Chapter Review 1 (pg. Vol II -948)
General Approaches to Budgeting (pg. Vol II -948)
Mid-Chapter Review 2 (pg. Vol II -950)
Master Budget (pg. Vol II -950)
Mid-Chapter Review 3 (pg. Vol II -959)
Budget Development in Manufacturing Organizations (pg. Vol II -959)
Mid-Chapter Review 4 (pg. Vol II -962)
Budget Development and Manager Behavior (pg. Vol II -963)
Chapter-End Review (pg. Vol II -966)
Guidance Answers . . . You Make the Call (pg. Vol II -966)
Key Terms (pg. Vol II -967)
Multiple Choice (pg. Vol II -967)
Questions (pg. Vol II -968)
Mini Exercises (pg. Vol II -969)
Exercises (pg. Vol II -971)
Problems (pg. Vol II -975)
Cases and Projects (pg. Vol II -980)
Solutions to Review Problems (pg. Vol II -982)
Chapter 22 Standard Costs and Performance Reports (pg. Vol II -988)
Responsibility Accounting (pg. Vol II -990)
Mid-Chapter Review 1 (pg. Vol II -993)
Performance Reporting for Cost Centers (pg. Vol II -994)
Mid-Chapter Review 2 (pg. Vol II -996)
Variance Analysis for Costs (pg. Vol II -996)
Mid-Chapter Review 3 (pg. Vol II -1000)
Mid-Chapter Review 4 (pg. Vol II -1002)
Mid-Chapter Review 5 (pg. Vol II -1005)
Performance Reports for Revenue Centers (pg. Vol II -1005)
Chapter-End Review (pg. Vol II -1008)
Appendix 22A: Fixed Overhead Variances (pg. Vol II -1009)
APPENDIX 22A Review (pg. Vol II -1010)
Appendix 22B: Reconciling Budgeted and Actual Income (pg. Vol II -1011)
APPENDIX 22B Review (pg. Vol II -1012)
Guidance Answers . . . You Make the Call (pg. Vol II -1012)
KEY RATIOS (pg. Vol II -1012)
Key Terms (pg. Vol II -1013)
Multiple Choice (pg. Vol II -1013)
Questions (pg. Vol II -1014)
Mini Exercises (pg. Vol II -1015)
Exercises (pg. Vol II -1017)
Problems (pg. Vol II -1018)
Cases and Projects (pg. Vol II -1024)
Solutions to Review Problems (pg. Vol II -1027)
Chapter 23 Segment Reporting, Transfer Pricing, and Balanced Scorecard (pg. Vol II -1030)
Strategic Business Segments and Segment Reporting (pg. Vol II -1032)
Mid-Chapter Review 1 (pg. Vol II -1036)
Transfer Pricing (pg. Vol II -1037)
Mid-Chapter Review 2 (pg. Vol II -1042)
Investment Center Evaluation Measures (pg. Vol II -1042)
Mid-Chapter Review 3 (pg. Vol II -1049)
Balanced Scorecard (pg. Vol II -1049)
End-Chapter Review (pg. Vol II -1053)
Guidance Answers . . . You Make the Call (pg. Vol II -1054)
Key Ratios (pg. Vol II -1054)
Key Terms (pg. Vol II -1054)
Multiple Choice (pg. Vol II -1054)
Questions (pg. Vol II -1056)
Mini Exercises (pg. Vol II -1056)
Exercises (pg. Vol II -1059)
Problems (pg. Vol II -1062)
Cases and Projects (pg. Vol II -1067)
Solutions to Review Problems (pg. Vol II -1069)
Chapter 24 Capital Budgeting Decisions (pg. Vol II -1072)
Long-Range Planning and Capital Budgeting (pg. Vol II -1075)
Mid-Chapter Review 1 (pg. Vol II -1078)
Capital Budgeting Models That Consider Time Value of Money (pg. Vol II -1078)
Mid-Chapter Review 2 (pg. Vol II -1082)
Capital Budgeting Models That Do Not Consider Time Value of Money (pg. Vol II -1083)
Mid-Chapter Review 3 (pg. Vol II -1085)
Evaluation of Capital Budgeting Models (pg. Vol II -1085)
Mid-Chapter Review 4 (pg. Vol II -1087)
Additional Aspects of Capital Budgeting (pg. Vol II -1088)
Mid-Chapter Review 5 (pg. Vol II -1092)
Taxes in Capital Budgeting Decisions (pg. Vol II -1092)
Chapter-END Review (pg. Vol II -1095)
Appendix 24A: Time Value of Money (pg. Vol II -1095)
Appendix 24A Review (pg. Vol II -1100)
Appendix 24B: Table Approach to Determining Internal Rate of Return (pg. Vol II -1100)
Appendix 24B Review (pg. Vol II -1102)
Guidance Answers . . . You Make the Call (pg. Vol II -1102)
Key Ratios (pg. Vol II -1102)
Key Terms (pg. Vol II -1103)
Multiple Choice (pg. Vol II -1103)
Questions (pg. Vol II -1104)
Mini Exercises (pg. Vol II -1105)
Exercises (pg. Vol II -1106)
Problems (pg. Vol II -1108)
Cases and Projects (pg. Vol II -1111)
Solutions to Review Problems (pg. Vol II -1115)
Index (pg. Vol II - I1)
Wharton MBA Custom_Vol_III (pg. Vol III -1122)
Accounting Quality (pg. Vol III -1122)
One-time Events and Pro Forma Disclosures (pg. Vol III -1123)
Reliable Numbers That Are Not Predictive (pg. Vol III -1124)
Assessing and Remediating Accounting Quality (pg. Vol III -1124)
Michelle L. Hanlon

Michelle L. Hanlon

Michelle L. Hanlon is the Howard W. Johnson Professor at the MIT Sloan School of Management. She earned her doctorate at the University of Washington.

Prior to joining MIT, she was a faculty member at the University of Michigan. Professor Hanlon has taught financial accounting to undergraduates, MBA students, executive MBA students, and Masters of Finance students. Professor Hanlon also teaches Taxes and Business Strategy to MBA students. She is the winner of the 2013 Jamieson Prize for Excellence in Teaching at MIT Sloan.

Professor Hanlon’s research focuses primarily on the intersection of taxation and financial accounting. Her recent work examines the capital market effects of the accounting for income tax, the reputational effects of corporate tax avoidance, and the economic consequences of U.S. international tax policies for multinational corporations. She has published research studies in the Journal of Accounting and Economics, the Journal of Accounting Research, The Accounting Review, the Review of Accounting Studies, the Journal of Finance, the Journal of Financial Economics, the Journal of Public Economics, and others. She has won several awards for her research and has presented her work at numerous universities and conferences. Professor Hanlon has served on several editorial boards and currently serves as an editor at the Journal of Accounting and Economics. 

Professor Hanlon has testified in front of the U.S. Senate Committee on Finance and the U.S. House of Representatives Committee on Ways and Means about the interaction of financial accounting and tax policy. She served as a U.S. delegate to the American-Swiss Young Leaders Conference in 2010 and worked as an Academic Fellow at the U.S. House Ways and Means Committee in 2015.


Robert P. Magee

Robert P. Magee

Robert P. Magee is Keith I. DeLashmutt Professor of Accounting Information and Management at the Kellogg School of Management at Northwestern University.

He received his A.B., M.S. and Ph.D. from Cornell University. Prior to joining the Kellogg faculty in 1976, he was a faculty member at the University of Chicago's Graduate School of Business. For academic year 1980-81, he was a visiting faculty member at IMEDE (now IMD) in Lausanne, Switzerland.

Professor Magee's research focuses on the use of accounting information to facilitate decision-making and control within organizations. He has published articles in The Accounting Review, the Journal of Accounting Research, the Journal of Accounting and Economics, and a variety of other journals. He is the author of Advanced Managerial Accounting and co-author (with Thomas R. Dyckman and David H. Downes) of Efficient Capital Markets and Accounting: A Critical Analysis. The latter book received the Notable Contribution to the Accounting Literature Award from the AICPA in 1978. Professor Magee has served on the editorial boards of The Accounting Review, the Journal of Accounting Research, the Journal of Accounting and Economics and the Journal of Accounting, Auditing and Finance. From 1994-96, he served as Editor of The Accounting Review, the quarterly research journal of the American Accounting Association. He received the American Accounting Association's Outstanding Accounting Educator Award in 1999 and the Illinois CPA Society Outstanding Educator Award in 2000.

Professor Magee teaches financial accounting to MBA and Executive MBA students. He has received several teaching awards at the Kellogg School, including the Alumni Choice Outstanding Professor Award in 2003.


Glenn M. Pfeiffer

Glenn M. Pfeiffer

Glenn M. Pfeiffer is Professor of Accounting at the George L. Argyros School of Business and Economics at Chapman University.

He received his M.S. and Ph.D. from Cornell University after he earned a bachelor's degree from Hope College. Prior to joining the faculty at the Argyros School, he held appointments at the University of Washington, Cornell University, the University of Chicago, the University of Arizona, and San Diego State University.

Professor Pfeiffer’s research focuses on financial reporting and capital markets. He has investigated issues relating to lease accounting, LIFO inventory liquidation, earnings per share, employee stock options, corporate reorganization, and technology investments. He has published articles in The Accounting Review, the Financial Analysts Journal, the International Journal of Accounting Information Systems, the Journal of Applied Business Research, the Journal of High Technology Management Research, the Journal of Accounting Education, and several other academic journals. In addition, he has published numerous case studies in financial accounting and reporting.

Professor Pfeiffer teaches financial accounting and financial analysis to undergraduate, MBA, and Executive students. He has also taught managerial accounting for MBAs. He has won several teaching awards at both the undergraduate and graduate levels.


Thomas R. Dyckman

Thomas R. Dyckman

Thomas R. Dyckman is Ann Whitney Olin Professor Emeritus of Accounting and Quantitative Analysis at Cornell University’s Johnson Graduate School of Management.

In addition to teaching accounting and quantitative analysis, he has taught in Cornell’s Executive Development Program. He earned his doctorate degree from the University of Michigan. He is a former member of the Financial Accounting Standards Board Advisory Committee and the Financial Accounting Foundation, which oversees the FASB. He was president of the American Accounting Association in 1982 and received the association’s Outstanding Educator Award for the year 1987. He also received the AICPA’s Notable Contributions to Accounting Literature Award in 1966 and 1977.

Professor Dyckman has extensive industrial experience that includes work with the U.S. Navy and IBM. He has conducted seminars for Cornell Executive Development Program and Managing the Next Generation of Technology, as well as for Ocean Spray, Goodyear, Morgan Guaranty, GTE, Southern New England Telephone, and Goulds Pumps.

Professor Dyckman has coauthored eleven books and written over 50 journal articles on topics from financial markets to the application of quantitative and behavioral theory to administrative decision making. He has been a member of the editorial boards of The Accounting Review, The Journal of Finance and Quantitative Analysis, The Journal of Accounting and Economics, The Journal of Management Accounting Research, and The Journal of Accounting Education.


Patrick E. Hopkins

Patrick E. Hopkins

Patrick E. Hopkins, is a professor and Deloitte Foundation Accounting Faculty Fellow at Indiana University’s Kelley School of Business. Professor Hopkins received his B.S. and M.Acc. from the University of Florida and his Ph.D. from the University of Texas at Austin.

Prior to entering the accounting doctoral program, Professor Hopkins served as a senior consultant with the Emerging Business Services practice of Deloitte, Haskins and Sells in Miami, Florida. Professor Hopkins has been at IU since 1995, where he teaches undergraduate and graduate courses on financial reporting for mergers, acquisitions and changes in corporate structure. He also served as a Visiting Professor at Stanford University’s Graduate School of Business, where he taught courses on global financial reporting and on accounting for mergers, acquisitions and changes in corporate structure. During his career, Professor Hopkins won each of the top teaching awards in the Kelley School of Business, including the Trustees Teaching Award, the Schuyler F. Otteson Award, and the Sauvain Award. He also teaches in international and online executive MBA programs at Indiana University, and in the doctoral program at HHL University in Leipzig, Germany. Professor Hopkins is also a widely respected research scholar in the area of financial reporting, and investor and analyst judgment and decision making. His work has appeared in top accounting journals, including The Accounting Review, the Journal of Accounting Research, Contemporary Accounting Research, and Accounting Organizations and Society, and has been discussed in business press publications, including Barron’s, CFO, and The Deal. He is the past winner of the American Accounting Association’s Financial Accounting and Reporting Section Best Research Paper Award, the Indiana University Outstanding Junior Faculty Award, and Kelley School of Business Outstanding Research Award.


Robert F. Halsey

Robert F. Halsey

Robert F. Halsey is Professor of Accounting and Associate Dean of the Undergraduate School at Babson College. He received his MBA and PhD from the University of Wisconsin.

Prior to obtaining his PhD he worked as the chief financial officer (CFO) of a privately held retailing and manufacturing company and as the vice president and manager of the commercial lending division of a large bank.

Professor Halsey teaches courses in financial and managerial accounting at both the graduate and undergraduate levels, including a popular course in financial statement analysis for second year MBA students. He has also taught numerous executive education courses for large multinational companies through Babson’s school of Executive Education as well as for a number of stock brokerage firms in the Boston area. He is regarded as an innovative teacher and has been recognized for outstanding teaching at both the University of Wisconsin and Babson College.

Professor Halsey co-authors Advanced Accounting published by Cambridge Business Publishers. Professor Halsey’s research interests are in the area of financial reporting, including firm valuation, financial statement analysis, and disclosure issues. He has publications in Advances in Quantitative Analysis of Finance and Accounting, The Journal of the American Taxation Association, Issues in Accounting Education, The Portable MBA in Finance and Accounting, the CPA Journal, AICPA Professor/Practitioner Case Development Program, and in other accounting and analysis journals.

Professor Halsey is an active member of the American Accounting Association and other accounting, analysis, and business organizations. He is widely recognized as an expert in the areas of financial reporting, financial analysis, and business valuation.


eBook
Go paperless today! Available online anytime, nothing to download or install.
6 months / $100.00
Course access code included
Course Access only

Do you have a Section ID from your instructor?

Enter the Course ID from your instructor. Have a used copy of the textbook? You can just buy course access.
Prices can vary
Click Enroll Now to proceed
Enroll Now