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Topic: retroactively for comparability ( Topic Closed)
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aimtobeacpa Major Contributor
Joined: 10 Dec 2009
Online Status: Offline Posts: 657
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Posted: 08 Jul 2010 at 03:46 | IP Logged
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in wiley 59 sum of shareholders equity,
2008 weightd avg of 10000 is retroactively restated to 200000 for comparability.Plz explain how is it done?...i didn't understand..
__________________ BEC-74,82(lost credit),78
FAR-67,80
AUD-75
REG-68,72,79
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Tajik4CPA Regular
Joined: 15 Oct 2009
Online Status: Offline Posts: 238
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Posted: 08 Jul 2010 at 09:28 | IP Logged
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Was there a stock split or stock dividends?
__________________ FAR - 92
AUD - 82
REG - 83
BEC - 90
Becker 2009 and Gleim 2010, Wiley 13.0
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aimtobeacpa Major Contributor
Joined: 10 Dec 2009
Online Status: Offline Posts: 657
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Posted: 08 Jul 2010 at 12:40 | IP Logged
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ya got it...its stock split so shares are doubled...
__________________ BEC-74,82(lost credit),78
FAR-67,80
AUD-75
REG-68,72,79
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