- Chapter 1: Financial Accounting and Accounting Standards
- Chapter 10: Acquisition and Disposition of Property, Plant, and Equipment
- Chapter 11: Depreciation, Impairments, and Depletion
- Chapter 12: Intangible Assets
- Chapter 13: Current Liabilities and Contingencies
- Chapter 14: Long-Term Liabilities
- Chapter 15: Stockholders’ Equity
- Chapter 16: Dilutive Securities and Earnings per Share
- Chapter 17: Investments
- Chapter 18: Revenue Recognition
- Chapter 19: Accounting for Income Taxes
- Chapter 2: Conceptual Framework for Financial Reporting
- Chapter 20: Accounting for Pensions and Postretirement Benefits
- Chapter 21: Accounting for Leases
- Chapter 22: Accounting Changes and Error Analysis
- Chapter 23: Statement of Cash Flows
- Chapter 24: Full Disclosure in Financial Reporting
- Chapter 3: The Accounting Information System
- Chapter 4: Income Statement and Related Information
- Chapter 5: Balance Sheet and Statement of Cash Flows
- Chapter 6: Accounting and the Time Value of Money
- Chapter 7: Cash and Receivables
- Chapter 8: Valuation of Inventories: A Cost-Basis Approach
- Chapter 9: Inventories: Additional Valuation Issues
Intermediate Accounting 15th Edition - Solutions by Chapter
Full solutions for Intermediate Accounting | 15th Edition
ISBN: 9781118147290
Solutions by Chapter
The full step-by-step solution to problem in Intermediate Accounting were answered by , our top Business solution expert on 11/23/17, 05:08AM. Since problems from 24 chapters in Intermediate Accounting have been answered, more than 37892 students have viewed full step-by-step answer. Intermediate Accounting was written by and is associated to the ISBN: 9781118147290. This expansive textbook survival guide covers the following chapters: 24. This textbook survival guide was created for the textbook: Intermediate Accounting, edition: 15.
Key Business Terms and definitions covered in this textbook
-
average fixed cost
fixed cost divided by the quantity of output
-
discrimination
the offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics
-
economic profit
total revenue minus total cost, including both explicit and implicit costs
-
efficient markets hypothesis
the theory that asset prices reflect all publicly available information about the value of an asset
-
equilibrium
a situation in which the market price has reached the level at which quantity supplied equals quantity demanded
-
equilibrium price
the price that balances quantity supplied and quantity demanded
-
Fisher effect
the one-for-one adjustment of the nominal interest rate to the inflation rate
-
imports
goods produced abroad and sold domestically
-
income elasticity of demand
a measure of how much the quantity demanded of a good responds to a change in consumers’ income, computed as the percentage change in quantity demanded divided by the percentage change in income
-
inflation tax
the revenue the government raises by creating money
-
marginal change
a small incremental adjustment to a plan of action
-
market failure
a situation in which a market left on its own fails to allocate resources efficiently
-
market power
the ability of a single economic actor (or small group of actors) to have a substantial influence on market prices
-
moral hazard
the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior
-
Nash equilibrium
a situation in which economic actors interacting with one another each choose their best strategy given the strategies that all the other actors have chosen
-
rivalry in consumption
the property of a good whereby one person’s use diminishes other people’s use
-
scarcity
the limited nature of society’s resources
-
signaling
an action taken by an informed party to reveal private information to an uninformed party
-
trade balance
the value of a nation’s exports minus the value of its imports; also called net exports
-
world price
the price of a good that prevails in the world market for that good