Financial Accounting 7th Canadian

Edition Edition Robert Libby

Visit to download the full and correct content document:
https://ebookmass.com/product/financial-accounting-7th-canadian-edition-edition-rob
ert-libby/
More products digital (pdf, epub, mobi) instant
download maybe you interests ...

Financial Accounting 9th Edition Robert Libby

https://ebookmass.com/product/financial-accounting-9th-edition-
robert-libby/

Financial Accounting 9th Edition Robert Libby

https://ebookmass.com/product/financial-accounting-9th-edition-
robert-libby-2/

Financial Accounting, 11e ISE 11th/ISE Edition Robert

Libby

https://ebookmass.com/product/financial-accounting-11e-ise-11th-
ise-edition-robert-libby/

Financial Accounting, 11th Edition Patricia Libby

https://ebookmass.com/product/financial-accounting-11th-edition-
patricia-libby/
Fundamentals of Financial Accounting, 7e ISE 7th/ISE
Edition Fred Phillips

https://ebookmass.com/product/fundamentals-of-financial-
accounting-7e-ise-7th-ise-edition-fred-phillips/

Financial & Managerial Accounting 18th Edition

https://ebookmass.com/product/financial-managerial-
accounting-18th-edition/

Financial Accounting, 8th Edition Craig Deegan

https://ebookmass.com/product/financial-accounting-8th-edition-
craig-deegan/

Financial & Managerial Accounting 18th Edition (Ebook

PDF)

https://ebookmass.com/product/financial-managerial-
accounting-18th-edition-ebook-pdf/

eTextbook 978-1259222139 Financial Accounting 9th

Edition

https://ebookmass.com/product/etextbook-978-1259222139-financial-
accounting-9th-edition/
 Page i

SEVENTH CANADIAN EDITION

Robert Libby
Cornell University

Patricia A. Libby
Ithaca University

Frank Hodge
University of Washington

George Kanaan
Concordia University

Maureen Sterling
University of Windsor
 Page ii

Financial Accounting
Seventh Canadian Edition

Copyright © 2020, 2017, 2014, 2011, 2008, 2006, 2003 by McGraw-Hill Ryerson Limited.
Copyright © 2020, 2017, 2014, 2011, 2009, 2007, 2004, 2001, 1998, 1996 by McGraw-Hill
Education LLC. All rights reserved. No part of this publication may be reproduced or
transmitted in any form or by any means, or stored in a data base or retrieval system,
without the prior written permission of McGraw-Hill Ryerson Limited, or in the case of
photocopying or other reprographic copying, a license from The Canadian Copyright
Licensing Agency (Access Copyright). For an Access Copyright license, visit www.accesscop
yright.ca or call toll free to 1-800-893-5777.

The Internet addresses listed in the text were accurate at the time of publication. The
inclusion of a Web site does not indicate an endorsement by the authors or McGraw-Hill
Ryerson, and McGraw-Hill Ryerson does not guarantee the accuracy of the information
presented at these sites.

ISBN-13: 978-1-26-006595-4
ISBN-10: 1-26-006595-2

1 2 3 4 5 6 7 8 9 TCP 23 22 21 20

Printed and bound in Canada.

Care has been taken to trace ownership of copyright material contained in this text;
however, the publisher will welcome any information that enables them to rectify any
reference or credit for subsequent editions.

Product Director: Rhondda McNabb

Senior Portfolio Manager: Alwynn Pinard
Senior Marketing Manager: Loula March
Senior Content Developer: Amy Rydzanicz
Portfolio Associate: Christine Albert
Senior Supervising Editor: Jessica Barnoski
Photo/Permissions Researcher: Karen Hunter
Copy Editor: Rodney Rawlings
Plant Production Coordinator: Heitor Moura
Manufacturing Production Coordinator: Jason Stubner
Cover Design: Liz Harasymczuk
Cover Image: © wrightstudio/123RF
Interior Design: Michelle Losier
Page Layout: SPi Global
Printer: Transcontinental Printing Group
 Page iii

About the Authors

Robert Libby
Robert Libby is the David A. Thomas Professor of Accounting and Accounting Area
Coordinator at Cornell University, where he teaches the introductory financial accounting
course. He previously taught at the University of Illinois, Pennsylvania State University, the
University of Texas at Austin, the University of Chicago, and the University of Michigan. He
received his B.S. from Pennsylvania State University, where he was selected as the 2018
Outstanding Accounting Alumnus, and his M.A.S. and Ph.D. from the University of Illinois;
he is also a CPA. Bob is a widely published author specializing in behavioural accounting.

Patricia Libby
Patricia Libby is a retired associate professor of accounting at Ithaca College, where she
taught the undergraduate and graduate financial accounting courses. She previously taught
graduate and undergraduate financial accounting at Eastern Michigan University and the
University of Texas. Before entering academia, she was an auditor with Price Waterhouse
(now PricewaterhouseCoopers) and a financial administrator at the University of Chicago.
She received her B.S. from Pennsylvania State University, her M.B.A. from DePaul
University, and her Ph.D. from the University of Michigan; she also successfully completed
the CPA exam (Illinois). Pat conducted research on using cases in the introductory course
and other parts of the accounting curriculum.

Frank Hodge
Frank Hodge is the chair of the Accounting Department and the Michael G. Foster
Endowed Professor at the University of Washington’s Foster School of Business. He also
serves in the President’s Office as the University of Washington’s Faculty Athletics
Representative to the PAC-12 Conference and the National Collegiate Athletic Association.
He earned his MBA and PhD degrees from Indiana University. Frank’s research focuses on
how individuals use accounting information to make investment decisions and how
technology influences their information choices. He has published articles in The Accounting
Review; Journal of Accounting Research; Contemporary Accounting Research; Accounting,
Organizations, and Society; and several other journals.
George Kanaan
George Kanaan is Professor of Accountancy at the John Molson School of Business at
Concordia University, where he teaches the introductory financial accounting course.
George previously taught undergraduate and graduate courses at universities in Canada,
China, and Lebanon. He received his B.A. from the Lebanese University, his M.A. from
Southern Illinois University at Carbondale, and his Ph.D. from the University of Wisconsin–
Madison. He has conducted research on disclosures related to pension accounting, deferred
income taxes, and the effects of changing prices. George’s research has been published in
The Journal of Accounting, Auditing and Finance and Managerial Finance.

Maureen Sterling
Maureen Sterling is Associate Professor of Accounting and Education Leadership Chair at
the Odette School of Business at the University of Windsor. She has developed and taught
Ph.D. research seminars as well as M.B.A. and undergraduate courses in both managerial
and financial accounting. She acquired extensive experience in valuation while working as a
financial analyst in the oil and securities industries, and did forensic work at the Vancouver
Stock Exchange. She is also a CPA-CMA. Maureen is a member of the Academic Advisory
Committee of CPA Canada, which provides advice on proposed changes to accounting
standards. Until recently, she was a member of the editorial board of Contemporary
Accounting Research. Maureen has conducted research on the effects of personal values on
ethical reasoning, and has published in academic journals, such as the Journal of Business
Ethics and Business Ethics: A European Review.
 Page iv

Contents in Brief

PREFACE xiii

CHAPTER ONE
Financial Statements and Business Decisions 1

CHAPTER TWO
Investing and Financing Decisions and the Accounting System 45

CHAPTER THREE
Operating Decisions and the Accounting System 115

CHAPTER FOUR
Adjustments, Financial Statements, and the Quality of Earnings 179

CHAPTER FIVE
Statement of Cash Flows 245

CHAPTER SIX
Reporting and Interpreting Sales Revenue, Receivables, and Cash 309

CHAPTER SEVEN
Reporting and Interpreting Cost of Sales and Inventory 371

CHAPTER EIGHT
Reporting and Interpreting Long-Lived Assets 429

CHAPTER NINE
Reporting and Interpreting Current Liabilities 499
CHAPTER TEN
Reporting and Interpreting Non-current Liabilities 554

CHAPTER ELEVEN
Reporting and Interpreting Shareholders’ Equity 609

CHAPTER TWELVE
Communicating Accounting Information and Analyzing Financial Statements 660

CHAPTER THIRTEEN
Reporting and Interpreting Investments in Other Corporations 734

APPENDIX A
Extracts of the Annual Consolidated Financial Statements of METRO Inc. A-1

APPENDIX B
Industry Ratio Report (Online)B-1

APPENDIX C
The Formal Recordkeeping System (Online)C-1

INDEX IN-1
FOCUS COMPANIES FC-1
 Page v

Contents

PREFACE xiii

CHAPTER ONE

Financial Statements and Business

Decisions
FOCUS COMPANY: LE-NATURE’s INC.—USING FINANCIAL STATEMENT
INFORMATION TO MANAGE GROWTH

Understanding the Business 2

The Four Basic Financial Statements: An Overview 4
The Statement of Financial Position 5
FINANCIAL ANALYSIS:
Interpreting Assets, Liabilities, and Shareholders’ Equity on the Statement of Financial
Position 7
■ SELF-STUDY QUIZ 1-1 8
The Statement of Earnings 8
FINANCIAL ANALYSIS:
Analyzing the Statement of Earnings: Beyond the Bottom Line 10
■ SELF-STUDY QUIZ 1-2 10
The Statement of Changes in Equity 11
FINANCIAL ANALYSIS:
Interpreting Retained Earnings 12
■ SELF-STUDY QUIZ 1-3 12
The Statement of Cash Flows 12
 FINANCIAL ANALYSIS:
Interpreting the Statement of Cash Flows 14
■ SELF-STUDY QUIZ 1-4 14
Relationships among the Four Financial Statements 14
FINANCIAL ANALYSIS:
Managerial Uses of Financial Statements 15
Notes to Financial Statements 16
Summary of the Four Basic Financial Statements 16
Responsibilities for the Accounting Communication Process 16
International Financial Reporting Standards (IFRS) 16
INTERNATIONAL PERSPECTIVE:
The International Accounting Standards Board and Global Convergence of Accounting
Standards 18
Ensuring the Accuracy of Financial Statements 19
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES (ASPE) 23
Demonstration Case 24
Appendix 1A: Types of Business Entities 25
Appendix 1B: Employment in the Accounting Profession Today 26
End-of-Chapter Resources 28
Questions, Mini-Exercises, and Exercises 29
Problems and Cases and Projects 35
Solutions to Self-Study Quizzes 43
Endnotes 43

CHAPTER TWO

Investing and Financing Decisions and

the Accounting System 45
FOCUS COMPANY: GILDAN ACTIVEWEAR INC.—EXPANSION STRATEGY IN
THE APPAREL INDUSTRY
Understanding the Business 46
Overview of Accounting Concepts 47
Concepts Emphasized in Chapter 2 48
Elements of the Classified Statement of Financial Position 52
FINANCIAL ANALYSIS:
Analysis of Changes in Inventory and Accounts Receivable 55
FINANCIAL ANALYSIS:
Unrecorded but Valuable Assets 56
FINANCIAL ANALYSIS:
Analysis of Change in Current Liabilities 57
A QUESTION OF ACCOUNTABILITY:
The Greening of Accounting Standards: Environmental Liabilities 57
■ SELF-STUDY QUIZ 2-1 58
What Types of Business Activities Cause Changes in Financial Statement Amounts? 59
Nature of Business Transactions 59
Accounts 59
How Do Transactions Affect Accounts? 61
Principles of Transaction Analysis 61
Analyzing Gildan’s Transactions 63
■ SELF-STUDY QUIZ 2-2 65
How Do Companies Keep Track of Account Balances? 66
The Direction of Transaction Effects 67
■ SELF-STUDY QUIZ 2-3 68
Analytical Tools 69
Transaction Analysis Illustrated 73
■ SELF-STUDY QUIZ 2-4 74
FINANCIAL ANALYSIS: Page vi
Inferring Business Activities from T-Accounts 75
DATA ANALYTICS:
Using Big Data Analytics for Business Expansion 76
How Is the Statement of Financial Position Prepared and Analyzed? 76
Classified Statement of Financial Position 77
INTERNATIONAL PERSPECTIVE:
 Understanding Financial Statements of Foreign Companies 78
Ratio Analysis in Decision Making 79
KEY RATIO ANALYSIS:
The Current Ratio 79
■ SELF-STUDY QUIZ 2-5 80
FOCUS ON CASH FLOWS:
Investing and Financing Activities 81
■ SELF-STUDY QUIZ 2-6 82
Some Misconceptions 82
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES 83
Demonstration Case 83
End-of-Chapter Resources 86
Questions, Mini-Exercises, and Exercises 88
Problems and Cases and Projects 97
Solutions to Self-Study Quizzes 113
Endnotes 114

CHAPTER THREE

Operating Decisions and the Accounting

System
FOCUS COMPANY: GILDAN ACTIVEWEAR INC.—OFFERING PRODUCTS
TAILORED TO CLIENTS’ NEEDS

Understanding the Business 115

How Do Business Activities Affect the Statement of Earnings? 117
The Operating Cycle 117
FINANCIAL ANALYSIS:
Short-Term Debt Financing and the Operating Cycle 118
Classified Statement of Earnings 118
FINANCIAL ANALYSIS:
 Stock Market Reactions to Accounting Announcements 122
DATA ANALYTICS:
Using Big Data to Increase Revenues and Decrease Costs 122
How Are Transactions from Operating Activities Recognized and Measured? 122
Accrual Accounting 123
The Revenue Recognition Principle 124
FINANCIAL ANALYSIS:
Revenue Recognition for More Complex Sales Contracts: A Five-Step Process 127
■ SELF-STUDY QUIZ 3-1 127
The Matching Process 128
■ SELF-STUDY QUIZ 3-2 129
A QUESTION OF ACCOUNTABILITY:
Management’s incentives to Violate Accounting Rules 130
The Expanded Transaction Analysis Model 131
Transaction Analysis Rules 131
Analyzing Gildan’s Transactions 133
■ SELF-STUDY QUIZ 3-3 135
How Is the Statement of Earnings Prepared and Analyzed? 137
Classified Statement of Earnings 138
FOCUS ON CASH FLOWS:
Operating Activities 139
■ SELF-STUDY QUIZ 3-4 140
KEY RATIO ANALYSIS:
Total Asset Turnover Ratio and Return on Assets 140
■ SELF-STUDY QUIZ 3-5 142
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES 143
Demonstration Case 143
Appendix 3A: Earnings Measurement and Comprehensive Income 146
End-of-Chapter Resources 148
Questions, Mini-Exercises, and Exercises 150
Problems and Cases and Projects 162
Solutions to Self-Study Quizzes 176
Endnotes 177
CHAPTER FOUR

Adjustments, Financial Statements, and

the Quality of Earnings 179
FOCUS COMPANY: GILDAN ACTIVEWEAR INC.—ESTIMATING REVENUES AND
EXPENSES AT YEAR-END

Understanding the Business 180

Adjusting Revenues and Expenses 181
Accounting Cycle 181
Purpose of Adjustments 181
Types of Adjustments 182
Adjustment Process 183
■ SELF-STUDY QUIZ 4-1 191
Materiality and Adjusting Entries 192
A QUESTION OF ACCOUNTABILITY:
Adjustments and Incentives 193
Preparing Financial Statements 193
Statement of Earnings 195 Page vii
FINANCIAL ANALYSIS:
Different Earnings for Different Purposes 196
Statement of Changes in Equity 197
Statement of Financial Position 197
FOCUS ON CASH FLOWS:
Cash Flow from Operations, Net Earnings, and the Quality of Earnings 198
KEY RATIO ANALYSIS:
Net Profit Margin Ratio and Return on Equity 199
■ SELF-STUDY QUIZ 4-2 200
DATA ANALYTICS:
The SEC Uses Big Data 201
Closing the Books 201
End of the Accounting Cycle 201
Post-closing Trial Balance 202
FINANCIAL ANALYSIS:
Accruals and Deferrals: Judging Earnings Quality 202
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES 203
Demonstration Case 203
End-of-Chapter Resources 207
Questions, Mini-Exercises, and Exercises 209
Problems and Cases and Projects 221
Solutions to Self-Study Quizzes 243
Endnotes 243

CHAPTER FIVE

Statement of Cash Flows 245

FOCUS COMPANY: NATIONAL BEVERAGE CORP.—PRODUCING HEALTHIER
BEVERAGES FOR CUSTOMERS AND CASH FLOWS TO SHAREHOLDERS

Understanding the Business 246

Classification of Cash Flows 247
Cash Flows from Operating Activities 248
Cash Flows from Investing Activities 249
Cash Flows from Financing Activities 249
Net Increase (Decrease) in Cash 249
■ SELF-STUDY QUIZ 5-1 250
Relationships to the Statement of Financial Position and the Statement of Earnings 250
Reporting and Interpreting Cash Flows from Operating Activities 253
A Simplified Illustration 253
Reporting Cash Flows from Operating Activities—Indirect Method 258
INTERNATIONAL PERSPECTIVE:
Australian Practices 262
■ SELF-STUDY QUIZ 5-2 262
Interpreting Cash Flows from Operating Activities 263
KEY RATIO ANALYSIS:
Quality of Earnings Ratio 263
A QUESTION OF ACCOUNTABILITY:
Fraud and Cash Flows from Operations 264
Reporting and Interpreting Cash Flows from Investing Activities 264
Reporting Cash Flows from Investing Activities 264
Interpreting Cash Flows from Investing Activities 266
KEY RATIO ANALYSIS:
Capital Expenditures Ratio 266
FINANCIAL ANALYSIS:
Free Cash Flow 267
Reporting and Interpreting Cash Flows from Financing Activities 267
Preparing, Reporting, and Explaining Cash Flows from Financing Activities 267
Interpreting Cash Flows from Financing Activities 269
FINANCIAL ANALYSIS:
Interpretation of Cash Flow Patterns 269
■ SELF-STUDY QUIZ 5-3 270
Completing the Statement and Additional Disclosures 271
Statement Structure 271
Non-cash Investing and Financing Activities 271
Supplemental Cash Flow Information 272
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES 272
Demonstration Case A 272
Appendix 5A: Adjustment for Gains and Losses on the Sale of Long-Lived Assets—Indirect
Method 274
Appendix 5B: Reporting Cash Flows from Operating Activities—Direct Method 275
■ SELF-STUDY QUIZ 5-4 279
Demonstration Case B 280
Appendix 5C: T-Account Approach—Indirect Method 281
Appendix 5D: Spreadsheet Approach—Statement of Cash Flows, Indirect Method (Online) 5D-1
End-of-Chapter Resources 282
Questions, Mini-Exercises, and Exercises 284
Problems and Cases and Projects 293
Solutions to Self-Study Quizzes 307
Endnotes 307
Page viii

CHAPTER SIX

Reporting and Interpreting Sales

Revenue, Receivables, and Cash 307
FOCUS COMPANY: GILDAN ACTIVEWEAR INC.—BUILDING BRANDS TO BUILD
GROSS PROFIT: MANAGING PRODUCT DEVELOPMENT, PRODUCTION, AND
WORKING CAPITAL

Understanding the Business 310

Accounting for Sales Revenue 311
Revenue Recognition for Bundled Goods and Services: A Five-Step Process 311
Motivating Sales and Collections 312
Credit Card Sales to Customers 313
Sales Discounts to Businesses 314
FINANCIAL ANALYSIS:
To Take or Not to Take the Discount, That Is the Question 315
Sales Returns and Allowances 315
Reporting Net Sales 316
A QUESTION OF ACCOUNTABILITY:
Volume Discounts/Rebates and Earnings Misstatements at Monsanto 317
KEY RATIO ANALYSIS:
Gross Profit Percentage 317
■ SELF-STUDY QUIZ 6-1 318
Measuring and Reporting Receivables 318
Classifying Receivables 319
INTERNATIONAL PERSPECTIVE:
Foreign Currency Receivables 319
Accounting for Bad Debts 319
Reporting Accounts Receivable 323
■ SELF-STUDY QUIZ 6-2 323
Estimating Bad Debts 324
FINANCIAL ANALYSIS:
Sales Versus Collections: The Marketing–Financial Management Conflict 326
KEY RATIO ANALYSIS:
Receivables Turnover Ratio 327
FOCUS ON CASH FLOWS:
Accounts Receivable 328
■ SELF-STUDY QUIZ 6-3 329
Internal Control and Management Responsibility 330
A QUESTION OF ACCOUNTABILITY:
Ethics and the Need for Internal Control 330
Control over Accounts Receivable 331
Reporting and Safeguarding Cash 331
Cash and Cash Equivalents Defined 331
Cash Management 331
Internal Control of Cash 332
Reconciliation of the Cash Accounts and the Bank Statements 332
■ SELF-STUDY QUIZ 6-4 338
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES 338
Demonstration Case A 338
Demonstration Case B 339
End-of-Chapter Resources 340
Questions, Mini-Exercises, and Exercises 341
Problems and Cases and Projects 352
Solutions to Self-Study Quizzes 369
Endnotes 369

CHAPTER SEVEN
Reporting and Interpreting Cost of Sales
and Inventory 371
FOCUS COMPANY: HARLEY-DAVIDSON INC.—BUILDING A LEGEND INTO A
WORLD-CLASS MANUFACTURER

Understanding the Business 372

Nature of Inventory and Cost of Sales 373
Items Included in Inventory 373
Costs Included in Inventory Purchases 374
FINANCIAL ANALYSIS:
Applying the Materiality Concept in Practice 374
Flow of Inventory Costs 375
FINANCIAL ANALYSIS:
Modern Manufacturing Techniques and Inventory Costs 376
Cost of Sales Equation 376
■ SELF-STUDY QUIZ 7-1 377
Perpetual and Periodic Inventory Systems 377
Recording Inventory Transactions in a Perpetual System 379
A QUESTION OF ACCOUNTABILITY:
Stretching Out the Payables 380
Inventory Costing Methods 381
Specific Identification Method 381
Cost Flow Assumptions 382
Financial Statement Effects of Inventory Costing Methods 385
INTERNATIONAL PERSPECTIVE:
Different Inventory Costing Methods and International Comparisons 386
Managers’ Choice of Inventory Costing Methods 386
A QUESTION OF ACCOUNTABILITY:
Inventory Costing and Conflicts Between Managers’ and Company Interests 387
■ SELF-STUDY QUIZ 7-2 388
FINANCIAL ANALYSIS: Page ix
 Inventory Costing Methods and Financial Statement Analysis 388
Valuation at Lower of Cost and Net Realizable Value 388
Control of Inventory 390
Internal Control of Inventory 390
Errors in Measuring Ending Inventory 390
■ SELF-STUDY QUIZ 7-3 392
Evaluating Inventory Management 392
Measuring Efficiency in Inventory Management 392
KEY RATIO ANALYSIS:
Inventory Turnover Ratio 392
Inventory and Cash Flows 393
FOCUS ON CASH FLOWS
Inventory 393
■ SELF-STUDY QUIZ 7-4 395
ACCOUNTING STANDARDS FOR PRIVATE ENTERPRISES 395
Demonstration Case A 395
Demonstration Case B 396
Appendix 7A: Cost Flow Assumptions—Periodic Inventory System 398
FINANCIAL ANALYSIS:
Methods for Estimating Inventory—The Gross Profit Method 399
Appendix 7B: Recording Inventory Transactions Using Periodic and Perpetual Inventory Systems
400
End-of-Chapter Resources 401
Questions, Mini-Exercises, and Exercises 403
Problems and Cases and Projects 412
Solutions to Self-Study Quizzes 426
Endnotes 427

CHAPTER EIGHT
Another random document with
no related content on Scribd:
 Und wieder seufzte die Sterbende. Aber sie sagte kein Wort. Sie
lächelte nur.
„Und vergib uns unsere Schuld ... als auch wir vergeben unsern
Schuldigern!“ betete die Alte mit zitternder Stimme.
„Und erlöse uns von dem Übel ...“
„Amen.“ Leise und gebrochen sagte es die Sterbende. Dann
preßte sie die Hände ... die ihr die Schwester gefaltet hatte ... in
einem letzten Krampf fest ineinander.
Und dann starb sie.
Als die Sonne des klaren Wintertages aufzog über die Berge des
Unterinntals ... da bimmelte die Glocke in der Sträflingsanstalt zu
Sankt Martin draußen vor der Stadt. Sie bimmelte kläglich und in
wehen Tönen und erzählte ... von Sophie Zöttl ... dem Karrnermädel
... deren heißes ... leidenschaftliches Herz den letzten Schlag getan
hatte.
 Von Rudolf Greinz
erschienen im Verlag von L. Staackmann in Leipzig:

Der Garten Gottes

Roman
Fünfzehntes Tausend
Geheftet M. 7.—, in Pappband M. 9.50, in Leinen M. 11.—
Ein deutscher Liebesroman von seltener Innigkeit, Glut
und Tiefe ist dieses neueste Werk von Rudolf Greinz, in dem
uns der Dichter wiederum nach dem sonnigen Südland von
Meran führt, jenem Garten Gottes, der ungezählten
Tausenden Heiligtum, Sehnsucht und zauberhafte
Rückerinnerung bedeutet.

Krähwinkel
Lustige Kleinstadtgeschichten
Fünfzehntes Tausend
Geheftet M. 5.—, gebunden M. 7.—
E c h t e r, s o n n i g e r H u m o r ,
von dem der Leser, sofern er
nicht ein unverbesserlicher Griesgram ist, mitgerissen wird.
Stofflich ganz verschieden, sind alle Geschichten
unterhaltsam und belustigend. N u r f r o h e D i c h t e r l a u n e
konnte uns ein solches Buch schenken.
„Die Bergstadt.“
 Rund um den Kirchturm
L u s t i g e Ti r o l e r G e s c h i c h t e n
Sechzehntes Tausend
Geheftet M. 6.—, gebunden M. 8.—
Wie ein frisches Bergwasser, das aus dem Felsen
hervorsprudelt, den wegmüden Wanderer erquickt, s o
erheitert dies Geschichtenbuch durch seine Klarheit
und Ursprünglichkeit.
„Braunschweigische Landeszeitung.“

Abtissin Verena
Roman
Siebzehntes Tausend
Geheftet M. 6.50, gebunden M. 9.—
Die Handlung schreitet mit s t a r k e n , wie e r z k l i r r e n d e n
S c h r i t t e n vorwärts; Kapitel auf Kapitel — g e s c h l o s s e n e , z u
großen Steigerungen getürmte Szenen, in denen
Leidenschaft auf Leidenschaft prallt. Das Starke,
U r g e s u n d e zieht dieses Buch sicherlich aus der frohen, allem
Grübeln abgeneigten Natur des Tiroler Dichters, die f r i s c h
z u p a c k t , wo sich der Stoff bietet.
„Der Bund“, Bern.
 Die kleine Welt
Ti r o l e r D o r f g e s c h i c h t e n
Zwölftes Tausend
Geheftet M. 6.—, gebunden M. 8.50
In jedem einzelnen dieser dörflichen Lebensausschnitte
s c h l ä g t d a s H e r z d e s s c h l i c h t e n B e r g b e w o h n e r s . Mit der
s c h a r f e n G e s t a l t u n g s k r a f t und dem f e i n e n , v e r s t e h e n d e n
L ä c h e l n , das ihn uns so wert macht, zeichnet Greinz die
Gestalten, die er in den Mittelpunkt seiner Erzählungen stellt.
„Berliner Morgenpost.“

Die Schellenkappe
Lustige Historien
Fünftes Tausend
Geheftet M. 3.—, gebunden M. 5.—
Die lustigen Bücher Greinz’ sind uns wie eine l i e b e
G e w o h n h e i t geworden. Man greift zu jedem neuen mit einer
gewissen Zuversicht; denn man ist davon überzeugt, in ihm
etwas zum Lachen zu finden.
Leo Möller in den „Münchener Neuesten Nachrichten“.
 Unterm roten Adler
L u s t i g e Ti r o l e r G e s c h i c h t e n
Dreizehntes Tausend
Geheftet M. 6.—, gebunden M. 8.50
Diese Erzählungen haben K u l t u r w e r t ... Alles ist
n a t u r w a h r , mit einer e i g e n a r t i g e n p e r s ö n l i c h e n N o t e
erzählt ... Jede Geschichte i s t e i n S t ü c k O r i g i n a l , was das
Werk höchst vorteilhaft von so vielen platten Elaboraten
unterscheidet, denen niemand das Milieu glaubt.
„Mannheimer Tageblatt“.

Gertraud Sonnweber
Roman
Achtzehntes Tausend
Geheftet M. 5.—, gebunden M. 7.—
Der Roman liest sich und wirkt wie ein Drama, k n a p p i n
der Führung, kühn im Aufbau, voll Spannung und Kraft
... Neben dem literarischen und dem nicht minder g r o ß e n
K u l t u r w e r t e kommt dem Buche noch eine Bedeutung zu: e s
i s t d e r e r s t e Ti r o l e r B a u e r n r o m a n m o d e r n e n S t i l s .
„Münchener Neueste Nachrichten“.
 Auf der Sonnseit’n
L u s t i g e Ti r o l e r G e s c h i c h t e n
Siebzehntes Tausend
Geheftet M. 6.—, gebunden M. 8.50
Mit diesem Bande setzt Greinz die stattliche Reihe seiner
humoristischen Schriften fort, die so viel dazu beigetragen
haben, den T i r o l e r W i t z z u p r o p a g i e r e n u n d z u —
e n t d e c k e n . Denn das ist ein H a u p t v e r d i e n s t des Dichters,
die tief-heitere Gemütlichkeit in diesem Vo l k e
a u f g e z e i g t z u h a b e n , das meist
nur von der ernsten,
enthusiastischen Seite geschildert wird.
„Das Literarische Deutsch-Österreich“.

Allerseelen
E i n Ti r o l e r R o m a n
Achtundzwanzigstes Tausend
Geheftet M. 6.—, gebunden M. 8.50
Allerseelen ist ein heißes, glutvolles Buch, ein
Immortellenkranz aus dem alten Burggrafenamt, keine
Te n d e n z s c h r i f t , s o n d e r n e i n v o l l b l ü t i g e s K ü n s t l e r b u c h ,
e i n L i e d s o s ü ß , s o s c h w e r, s o b a n g , w i e d a m a l s d a s
a l t e M ä r l e i n , d a s u n s v o n „ Tr i s t a n u n d I s o l d e “ s i n g t .
„Leipziger Tageblatt“.
 Das Haus Michael Senn
E i n Ti r o l e r R o m a n
Siebzehntes Tausend
Geheftet M. 7.—, gebunden M. 9.50
Der starke Band des von Jahr zu Jahr höher
emporwachsenden Autors, in dem wir wohl den besten
T i r o l e r D i c h t e r d e r N e u z e i t erblicken dürfen, ist wieder ein
P r a c h t s t ü c k s c h o l l e n s t ä n d i g e r H e i m a t k u n s t und echter
Menschenschilderung.
„Der Sammler (Augsburger Abendzeitung)“.

Aus’m heiligen Landl

L u s t i g e Ti r o l e r G e s c h i c h t e n
Sechzehntes Tausend
Geheftet M. 6.—, gebunden M. 8.50
Bei ihm geht wirklich die Heimat restlos in der Kunst
auf; nichts ist fremd, angelernt oder abgelauscht in seinen
Gemälden, und ob auch das Gewand seiner Erzählungen
wohlgemessen und mit allem modernen Geschick gearbeitet
ist: die Menschen, die in diesem Gewand stecken, die Helden
seiner Geschichten, sind immer e c h t b i s a u f d i e K n o c h e n
und bleiben es.
„Münchener Neueste Nachrichten“.
*** END OF THE PROJECT GUTENBERG EBOOK DIE STADT AM
INN ***

Updated editions will replace the previous one—the old editions will
be renamed.

Creating the works from print editions not protected by U.S.

copyright law means that no one owns a United States copyright in
these works, so the Foundation (and you!) can copy and distribute it
in the United States without permission and without paying copyright
royalties. Special rules, set forth in the General Terms of Use part of
this license, apply to copying and distributing Project Gutenberg™
electronic works to protect the PROJECT GUTENBERG™ concept
and trademark. Project Gutenberg is a registered trademark, and
may not be used if you charge for an eBook, except by following the
terms of the trademark license, including paying royalties for use of
the Project Gutenberg trademark. If you do not charge anything for
copies of this eBook, complying with the trademark license is very
easy. You may use this eBook for nearly any purpose such as
creation of derivative works, reports, performances and research.
Project Gutenberg eBooks may be modified and printed and given
away—you may do practically ANYTHING in the United States with
eBooks not protected by U.S. copyright law. Redistribution is subject
to the trademark license, especially commercial redistribution.

START: FULL LICENSE

THE FULL PROJECT GUTENBERG LICENSE
 PLEASE READ THIS BEFORE YOU DISTRIBUTE OR USE THIS WORK

To protect the Project Gutenberg™ mission of promoting the free

distribution of electronic works, by using or distributing this work (or
any other work associated in any way with the phrase “Project
Gutenberg”), you agree to comply with all the terms of the Full
Project Gutenberg™ License available with this file or online at
www.gutenberg.org/license.

Section 1. General Terms of Use and

Redistributing Project Gutenberg™
electronic works
1.A. By reading or using any part of this Project Gutenberg™
electronic work, you indicate that you have read, understand, agree
to and accept all the terms of this license and intellectual property
(trademark/copyright) agreement. If you do not agree to abide by all
the terms of this agreement, you must cease using and return or
destroy all copies of Project Gutenberg™ electronic works in your
possession. If you paid a fee for obtaining a copy of or access to a
Project Gutenberg™ electronic work and you do not agree to be
bound by the terms of this agreement, you may obtain a refund from
the person or entity to whom you paid the fee as set forth in
paragraph 1.E.8.

1.B. “Project Gutenberg” is a registered trademark. It may only be

used on or associated in any way with an electronic work by people
who agree to be bound by the terms of this agreement. There are a
few things that you can do with most Project Gutenberg™ electronic
works even without complying with the full terms of this agreement.
See paragraph 1.C below. There are a lot of things you can do with
Project Gutenberg™ electronic works if you follow the terms of this
agreement and help preserve free future access to Project
Gutenberg™ electronic works. See paragraph 1.E below.
1.C. The Project Gutenberg Literary Archive Foundation (“the
Foundation” or PGLAF), owns a compilation copyright in the
collection of Project Gutenberg™ electronic works. Nearly all the
individual works in the collection are in the public domain in the
United States. If an individual work is unprotected by copyright law in
the United States and you are located in the United States, we do
not claim a right to prevent you from copying, distributing,
performing, displaying or creating derivative works based on the
work as long as all references to Project Gutenberg are removed. Of
course, we hope that you will support the Project Gutenberg™
mission of promoting free access to electronic works by freely
sharing Project Gutenberg™ works in compliance with the terms of
this agreement for keeping the Project Gutenberg™ name
associated with the work. You can easily comply with the terms of
this agreement by keeping this work in the same format with its
attached full Project Gutenberg™ License when you share it without
charge with others.

1.D. The copyright laws of the place where you are located also
govern what you can do with this work. Copyright laws in most
countries are in a constant state of change. If you are outside the
United States, check the laws of your country in addition to the terms
of this agreement before downloading, copying, displaying,
performing, distributing or creating derivative works based on this
work or any other Project Gutenberg™ work. The Foundation makes
no representations concerning the copyright status of any work in
any country other than the United States.

1.E. Unless you have removed all references to Project Gutenberg:

1.E.1. The following sentence, with active links to, or other

immediate access to, the full Project Gutenberg™ License must
appear prominently whenever any copy of a Project Gutenberg™
work (any work on which the phrase “Project Gutenberg” appears, or
with which the phrase “Project Gutenberg” is associated) is
accessed, displayed, performed, viewed, copied or distributed:
 This eBook is for the use of anyone anywhere in the United
States and most other parts of the world at no cost and with
almost no restrictions whatsoever. You may copy it, give it away
or re-use it under the terms of the Project Gutenberg License
included with this eBook or online at www.gutenberg.org. If you
are not located in the United States, you will have to check the
laws of the country where you are located before using this
eBook.

1.E.2. If an individual Project Gutenberg™ electronic work is derived

from texts not protected by U.S. copyright law (does not contain a
notice indicating that it is posted with permission of the copyright
holder), the work can be copied and distributed to anyone in the
United States without paying any fees or charges. If you are
redistributing or providing access to a work with the phrase “Project
Gutenberg” associated with or appearing on the work, you must
comply either with the requirements of paragraphs 1.E.1 through
1.E.7 or obtain permission for the use of the work and the Project
Gutenberg™ trademark as set forth in paragraphs 1.E.8 or 1.E.9.

1.E.3. If an individual Project Gutenberg™ electronic work is posted

with the permission of the copyright holder, your use and distribution
must comply with both paragraphs 1.E.1 through 1.E.7 and any
additional terms imposed by the copyright holder. Additional terms
will be linked to the Project Gutenberg™ License for all works posted
with the permission of the copyright holder found at the beginning of
this work.

1.E.4. Do not unlink or detach or remove the full Project

Gutenberg™ License terms from this work, or any files containing a
part of this work or any other work associated with Project
Gutenberg™.

1.E.5. Do not copy, display, perform, distribute or redistribute this

electronic work, or any part of this electronic work, without
prominently displaying the sentence set forth in paragraph 1.E.1 with
active links or immediate access to the full terms of the Project
Gutenberg™ License.
1.E.6. You may convert to and distribute this work in any binary,
compressed, marked up, nonproprietary or proprietary form,
including any word processing or hypertext form. However, if you
provide access to or distribute copies of a Project Gutenberg™ work
in a format other than “Plain Vanilla ASCII” or other format used in
the official version posted on the official Project Gutenberg™ website
(www.gutenberg.org), you must, at no additional cost, fee or expense
to the user, provide a copy, a means of exporting a copy, or a means
of obtaining a copy upon request, of the work in its original “Plain
Vanilla ASCII” or other form. Any alternate format must include the
full Project Gutenberg™ License as specified in paragraph 1.E.1.

1.E.7. Do not charge a fee for access to, viewing, displaying,

performing, copying or distributing any Project Gutenberg™ works
unless you comply with paragraph 1.E.8 or 1.E.9.

1.E.8. You may charge a reasonable fee for copies of or providing

access to or distributing Project Gutenberg™ electronic works
provided that:

• You pay a royalty fee of 20% of the gross profits you derive from
the use of Project Gutenberg™ works calculated using the
method you already use to calculate your applicable taxes. The
fee is owed to the owner of the Project Gutenberg™ trademark,
but he has agreed to donate royalties under this paragraph to
the Project Gutenberg Literary Archive Foundation. Royalty
payments must be paid within 60 days following each date on
which you prepare (or are legally required to prepare) your
periodic tax returns. Royalty payments should be clearly marked
as such and sent to the Project Gutenberg Literary Archive
Foundation at the address specified in Section 4, “Information
about donations to the Project Gutenberg Literary Archive
Foundation.”

• You provide a full refund of any money paid by a user who

notifies you in writing (or by e-mail) within 30 days of receipt that
s/he does not agree to the terms of the full Project Gutenberg™
License. You must require such a user to return or destroy all
 copies of the works possessed in a physical medium and
discontinue all use of and all access to other copies of Project
Gutenberg™ works.

• You provide, in accordance with paragraph 1.F.3, a full refund of

any money paid for a work or a replacement copy, if a defect in
the electronic work is discovered and reported to you within 90
days of receipt of the work.

• You comply with all other terms of this agreement for free
distribution of Project Gutenberg™ works.

1.E.9. If you wish to charge a fee or distribute a Project Gutenberg™

electronic work or group of works on different terms than are set
forth in this agreement, you must obtain permission in writing from
the Project Gutenberg Literary Archive Foundation, the manager of
the Project Gutenberg™ trademark. Contact the Foundation as set
forth in Section 3 below.

1.F.

1.F.1. Project Gutenberg volunteers and employees expend

considerable effort to identify, do copyright research on, transcribe
and proofread works not protected by U.S. copyright law in creating
the Project Gutenberg™ collection. Despite these efforts, Project
Gutenberg™ electronic works, and the medium on which they may
be stored, may contain “Defects,” such as, but not limited to,
incomplete, inaccurate or corrupt data, transcription errors, a
copyright or other intellectual property infringement, a defective or
damaged disk or other medium, a computer virus, or computer
codes that damage or cannot be read by your equipment.

1.F.2. LIMITED WARRANTY, DISCLAIMER OF DAMAGES - Except

for the “Right of Replacement or Refund” described in paragraph
1.F.3, the Project Gutenberg Literary Archive Foundation, the owner
of the Project Gutenberg™ trademark, and any other party
distributing a Project Gutenberg™ electronic work under this
agreement, disclaim all liability to you for damages, costs and
expenses, including legal fees. YOU AGREE THAT YOU HAVE NO
REMEDIES FOR NEGLIGENCE, STRICT LIABILITY, BREACH OF
WARRANTY OR BREACH OF CONTRACT EXCEPT THOSE
PROVIDED IN PARAGRAPH 1.F.3. YOU AGREE THAT THE
FOUNDATION, THE TRADEMARK OWNER, AND ANY
DISTRIBUTOR UNDER THIS AGREEMENT WILL NOT BE LIABLE
TO YOU FOR ACTUAL, DIRECT, INDIRECT, CONSEQUENTIAL,
PUNITIVE OR INCIDENTAL DAMAGES EVEN IF YOU GIVE
NOTICE OF THE POSSIBILITY OF SUCH DAMAGE.

1.F.3. LIMITED RIGHT OF REPLACEMENT OR REFUND - If you

discover a defect in this electronic work within 90 days of receiving it,
you can receive a refund of the money (if any) you paid for it by
sending a written explanation to the person you received the work
from. If you received the work on a physical medium, you must
return the medium with your written explanation. The person or entity
that provided you with the defective work may elect to provide a
replacement copy in lieu of a refund. If you received the work
electronically, the person or entity providing it to you may choose to
give you a second opportunity to receive the work electronically in
lieu of a refund. If the second copy is also defective, you may
demand a refund in writing without further opportunities to fix the
problem.

1.F.4. Except for the limited right of replacement or refund set forth in
paragraph 1.F.3, this work is provided to you ‘AS-IS’, WITH NO
OTHER WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED,
INCLUDING BUT NOT LIMITED TO WARRANTIES OF
MERCHANTABILITY OR FITNESS FOR ANY PURPOSE.

1.F.5. Some states do not allow disclaimers of certain implied

warranties or the exclusion or limitation of certain types of damages.
If any disclaimer or limitation set forth in this agreement violates the
law of the state applicable to this agreement, the agreement shall be
interpreted to make the maximum disclaimer or limitation permitted
by the applicable state law. The invalidity or unenforceability of any
provision of this agreement shall not void the remaining provisions.
1.F.6. INDEMNITY - You agree to indemnify and hold the
Foundation, the trademark owner, any agent or employee of the
Foundation, anyone providing copies of Project Gutenberg™
electronic works in accordance with this agreement, and any
volunteers associated with the production, promotion and distribution
of Project Gutenberg™ electronic works, harmless from all liability,
costs and expenses, including legal fees, that arise directly or
indirectly from any of the following which you do or cause to occur:
(a) distribution of this or any Project Gutenberg™ work, (b)
alteration, modification, or additions or deletions to any Project
Gutenberg™ work, and (c) any Defect you cause.

Section 2. Information about the Mission of

Project Gutenberg™
Project Gutenberg™ is synonymous with the free distribution of
electronic works in formats readable by the widest variety of
computers including obsolete, old, middle-aged and new computers.
It exists because of the efforts of hundreds of volunteers and
donations from people in all walks of life.

Volunteers and financial support to provide volunteers with the

assistance they need are critical to reaching Project Gutenberg™’s
goals and ensuring that the Project Gutenberg™ collection will
remain freely available for generations to come. In 2001, the Project
Gutenberg Literary Archive Foundation was created to provide a
secure and permanent future for Project Gutenberg™ and future
generations. To learn more about the Project Gutenberg Literary
Archive Foundation and how your efforts and donations can help,
see Sections 3 and 4 and the Foundation information page at
www.gutenberg.org.

Section 3. Information about the Project

Gutenberg Literary Archive Foundation
The Project Gutenberg Literary Archive Foundation is a non-profit
501(c)(3) educational corporation organized under the laws of the
state of Mississippi and granted tax exempt status by the Internal
Revenue Service. The Foundation’s EIN or federal tax identification
number is 64-6221541. Contributions to the Project Gutenberg
Literary Archive Foundation are tax deductible to the full extent
permitted by U.S. federal laws and your state’s laws.

The Foundation’s business office is located at 809 North 1500 West,

Salt Lake City, UT 84116, (801) 596-1887. Email contact links and up
to date contact information can be found at the Foundation’s website
and official page at www.gutenberg.org/contact

Section 4. Information about Donations to

the Project Gutenberg Literary Archive
Foundation
Project Gutenberg™ depends upon and cannot survive without
widespread public support and donations to carry out its mission of
increasing the number of public domain and licensed works that can
be freely distributed in machine-readable form accessible by the
widest array of equipment including outdated equipment. Many small
donations ($1 to $5,000) are particularly important to maintaining tax
exempt status with the IRS.

The Foundation is committed to complying with the laws regulating

charities and charitable donations in all 50 states of the United
States. Compliance requirements are not uniform and it takes a
considerable effort, much paperwork and many fees to meet and
keep up with these requirements. We do not solicit donations in
locations where we have not received written confirmation of
compliance. To SEND DONATIONS or determine the status of
compliance for any particular state visit www.gutenberg.org/donate.

While we cannot and do not solicit contributions from states where

we have not met the solicitation requirements, we know of no
prohibition against accepting unsolicited donations from donors in
such states who approach us with offers to donate.

International donations are gratefully accepted, but we cannot make

any statements concerning tax treatment of donations received from
outside the United States. U.S. laws alone swamp our small staff.

Please check the Project Gutenberg web pages for current donation
methods and addresses. Donations are accepted in a number of
other ways including checks, online payments and credit card
donations. To donate, please visit: www.gutenberg.org/donate.

Section 5. General Information About Project

Gutenberg™ electronic works
Professor Michael S. Hart was the originator of the Project
Gutenberg™ concept of a library of electronic works that could be
freely shared with anyone. For forty years, he produced and
distributed Project Gutenberg™ eBooks with only a loose network of
volunteer support.

Project Gutenberg™ eBooks are often created from several printed

editions, all of which are confirmed as not protected by copyright in
the U.S. unless a copyright notice is included. Thus, we do not
necessarily keep eBooks in compliance with any particular paper
edition.

Most people start at our website which has the main PG search
facility: www.gutenberg.org.

This website includes information about Project Gutenberg™,

including how to make donations to the Project Gutenberg Literary
Archive Foundation, how to help produce our new eBooks, and how
to subscribe to our email newsletter to hear about new eBooks.