--%>
Assignment Help - homework help

Accumulated E&P (earnings and profits)

 

The sum of all the current E&P amounts from last years, less all dividends distributed. The accumulated E&P amount represents all undistributed E&P. Any dividends that are in excess of accumulated E&P are a return of capital. E&P can be negative only from operating losses, not from paying out liquidating dividends. Additive E&P is similar to the balance sheet account retained earnings, but accumulated adjustments account 18 calculated differently and based on taxable income. While  earnings is equal to total income from all income statements less all dividends paid over time, accumulated E&P is the sum of all taxable revenue from the tax returns less all taxes paid and all dividends paid 

 

   Related Questions in Financial Accounting

  • Q : Fundamenetal Issues on Management

    1.  Somerset Ltd manufactures components for the motor industry. In one of its workshops it has three workers, Joe, Jack and Jonny, who at any one time work on batches of the same component. The standard time allowed to produce one unit is one hour. The workers rate of pay is

    		•
  • Q : Explain Discount Briefly explain the

    Briefly explain the term Discount and also describe their important types?

    		•
  • Q : Define Liabilities Liabilities mean the

    Liabilities mean the amount which the firm owes to the outsiders. Liabilities are of two types: -Long term liabilities & Short term liabilities. Examples of long term liabilities are long terms loans, bonds etc. & examples of short term liabil

    		•
  • Q : What is Asset Disposition Asset

    Asset Disposition: Getting rid of the asset or security via a direct sale or some other technique. Quite frequently you will observe insider trades report a "disposition" of some number of shares; this merely means that they sold them.

    Q : Balance Sheets & Income Statement

    Bio-Pure Food Company Gary Green has recently inherited some money and is interested in investing in a small company with some growth potential.  Last week he r

    		•
  • Q : Explain Cost of goods Explain Cost of

    Explain Cost of goods and how they are used in estimating gross profit and net profit of the business?

    		•
  • Q : Pre-requisites for accomplishment of

    Write down the pre-requisites for triumphant accomplishment of uniform costing?

    		•
  • Q : Concessionary loan with APV model State

    State nature of the concessionary loan and explain how it is handled within the APV model?

    		•
  • Q : NPV capital budgeting framework Specify

    Specify intuition behind NPV capital budgeting framework?

    		•
  • Q : Accountant & Financial In Business

    Questions 1. Identify the services or programs to be included in the cost and profitability analysis. 2. Examine the costs listed in Table 2. a. Identify the direct costs associated with each service or program. b. Which costs would be organization

    		•