Solution-Briefly discuss how kelloggs financial statements

Briefly discuss how kelloggs financial statements

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.

User Account

All Pages

Briefly discuss how kelloggs financial statements

Reference no: EM131108062

Reference no: EM131108062

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

The security is to be held short-term profits

How much is cost of goods manufactured

Calculate the cost of civilian and military versions of

Harvey alexander an all-league professional football player

John clinton owner of clinton company applied for a bank

Expected average balance of retirement account

Refer to cornerstone exercise 813 in march nashler company

Discuss how sue would create responsibility centres

Excerpts from huckabee companys december 31 2006 and 2005

Is it appropriate for banks and savings associations to

Relevant income effect of accepting the special order

Two guys opened an ice cream shop in eugene it was a big

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT