Final Topics

• accumulated appreciation means 
• when you have a gain and have a loss 
• research and development 
• the cost of
• if someone sues you for the patent you must spend legal fees 
• if you spend some legal fees and lose what happens and if you win what happens 
• you need to be able to calculate the cost of land 
• what factors do you need to calculate depreciation 
• accumulated depreciation 
• balance method depreciation 
• how do you calculate the gain or loss of destruction of equipment 
• know what current liability means 
• current liabilities are paid in 1 year or less 
• what is the relationship between current liability and long term liability 
• accrued liability 
• issue a note 
• if you issue a note what do you have to do and how do you adjust that 
• how do understand payment and recording date 
• when you declare a dividend what is going to happen 
• your liability will go up and your stockholder equity will go down 
• accumulative and noncumulative preferred stock 
• calculation of dividend 
• for preffered and common stock what do they get 
• what is stock split 
• if you have a gain or loss how do you close them 
• cash flow 
• 35 questions 
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