Sifting through the numbers

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to, General Electric (GE) Co.’s last quarter earnings were 28 cents a share. They were also 13 cents a share, 19 cents a share and 15 cents a share — all at the same time. How can this be? Questions: 1. What do the numbers include or exclude? 2. What are the new… Read more »

Prospects for Pandora

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Internet radio’s popularity is growing, through smartphone apps and cars that allow smartphone owners to stream Web-served radio through Bluetooth wireless connections. However, this article indicates that there are bad times ahead for this company and the industry. Questions: 1. What is Pandora’s share of the total U.S. radio-listening market? 2. What does the article… Read more »