财务报表分析(双语)chapter2课件.pptVIP

Introduction to Financial Statements and Other Financial Reporting Topics;*;*;*;*;Business Entity Forms;*;;;;*;;*;* Proprietorships and partnerships that are set up as LLCs provide limited liability. ;Owners of a corporation are called shareholders (or stockholders). When a corporation issues only one class of stock, we call it capital stock.;Sarbanes-Oxley (SOX);Chapter 2, Slide #*;Chapter 2, Slide #*;Introduction to Financial Statements;Introduction to Financial Statements;Introduction to Financial Statements;Introduction to Financial Statements; The Balance Sheet; The Balance Sheet; The Accounting Equation;Accounting Equation;ACCOUNTING EQUATION;ACCOUNTING EQUATION;ACCOUNTING EQUATION;ACCOUNTING EQUATION;ACCOUNTING EQUATION;ACCOUNTING EQUATION;Assets;Liabilities;Owners’ Equity;*;*;*;Chapter 2, Slide #*;*;*;*;Sales revenue $75,478 Less cost of sales 52,227 Gross margin 23,251 Less operating expenses 10,785 Income before taxes 12,466 Provision for income taxes 6,344 所得税准备金 Net income $ 6,122;COST OF GOODS SOLD ;Opening inventory for the period plus the goods purchased during the period will represent the total cost of goods available for resale. Closing inventory will represent that portion of the goods available for resale that remain unsold at the end of the period. The balance will then represent the cost of goods sold for the period. ;Example 1;Gross Profit = Sales – Cost of Goods Sold;Sales 7,600 less Sales Returns and Allowances 76 Net Sales 7,524 less Cost of Goods Sold Inventory 1 January 790 plus Purchases 4,750 less purchases returns and allowances 48 4,702 Freight in