1.

Income statement

1.1 double declining balance

1.2 fifo lifo ending inventory calculation

1.3 OCI to be reported

1.4 theoretical about OCI

2. Balance sheet

2.1 liabilities to equity ratio

2.2 common size percentage

3. Cash flow statement

3.1 cash received and cash paid

3.2 FCFE calculation

4. Inventories

4.1 capitalized costs amount

4.2 lifo fifo transmission calculation of days in inventory

4.3 IFRs inventory measurement

5. Measures of leverage

5.1 breakeven quantity of sales

5.2 DOl and DFL calculation (both)

What Is Other Comprehensive Income?
In business accounting, other comprehensive income (OCI) includes revenues, expenses, gains, and
losses that have yet to be realized and are excluded from net income on an income statement. OCI
represents the balance between net income and comprehensive income.
A common example of OCI is a portfolio of bonds that have not yet matured and consequently haven't
been redeemed. Gains or losses from the changing value of the bonds cannot be fully determined until
the time of their sale; the interim adjustments are thus recognized in other comprehensive income.

A vertical common-size balance sheet expresses each item of the balance sheet as a percentage of total
assets. The common-size format standardizes the balance sheet by eliminating the effects of size. This
allows for comparison over time (time-series analysis) and across firms (cross-sectional analysis). For
example, the following are the balance sheets of industry competitors East Company and West Company.
Common-size analysis can also be used to examine a firm’s strategies.
net income = revenues − expenses
net revenue = revenue – estimated returns - allowances
gross profit = Revenue – COGS
operating profit = gross profit – operating expenses – administrative expenses
SL dep.exp. = (cost – residual value) / useful life
DBB dep. = (2 / useful life)(cost – accumulated dep.)
margin = net / revenue
comprehensive income = net income + OCI
Comprehensive income = (Ending shareholders equity – Beginning shareholders equity) + Dividends
working capital = current asstes – current liabilities
account receivable = gross receivable – allowance for doubtful acc.
luquidity ratios
current ratio = current asstes / current liabilities
quick ratio = (current assets – inventory) / current liabilities
cash ratio = (cash + marketable securities) / current liabilities
solvency ratios
long term debt to equity = total long term debt / total equity
debt to equity = total debt / total equity
debt ratio = total debt / total assets
financial leverage = total assets / total equity
ending acc.receivable = beginning acc.receivable + sales – cash collections

cash received from customers = revenue(sales) – increase acc.reveivable + increase in unearned revenue
ending acc.receivable = beginning acc.rec. + revenue(sales) – cash received from customers
cash paid to suppliers = cogs + increase in inventory – increase in acc. payable
ending inventory = beginning inventory + purchases – cogs
ending acc payable = beginning acc payable + purchases – cash paid to suppliers
cash paid to employees = salary and wage expense – increase in salary and wages payable
ending salary and wages payable = beginning salary and wages payable + salary and wages expense –
- cash paid to epmloyees
cash paid for other operating expenses = other operating expenses + increase in prepared expenses -
- increase in other accrued liabilities
cash paid for interest = interest expense + decrease in interest payable
ending interest payable = begin.in.pay. + interest expense – cash paid for interest
cash paid for income tax expense = income tax expense – increase in income tax payable – deferred tax
liability + defrred tax asset
fcfe = cfo – Fixed Capitap Investmetn + net borrowing
net borrowing = debt issued – debt repaid

COGS = beginning inventory + purchases – ending inventory

total capitalized cost = raw materials + conversion cost – freight-in to plant
NRV = expected sales price – estimated selling cost – completion cost