1. When will bonds sell at a premium and discount?
2. Calculate bond interest under SL method.
3. Impact of amortization of bond premium/discount on interest expense.
4. Give an example journal entry for amortization of bond premium/discount.
5. What is the Gain/loss on redemption of bonds? How do you calculate?
6. Understand method of calculating PV of future cash flows -specifically for a bond.
7. Why are bonds a popular source of financing?
8. Contract rate (market rate) is used for what calculation purpose?

Ch 10 SE: Corporations

1. What are Rights possessed by common stockholders?
2. What are a journal entries for stock issuance, cash dividend, stock dividend?
3. What is the calculation of dividends when cumulative preferred stock is outstanding?
4. Journal entries for treasury stock, financial statement presentation. Gain/loss on reissue of treasury stock.
5. Prior period adjustment - example of, accounting for?
6. define, describe, why use Stock split
7. Stock dividend – what is the difference in accounting treatment of large vs small.
8. What Impact does stockholders’ have on equity?

Ch 11 Statement of Cash Flows

1. examples of Cash flows from operating activities
2. examples of Cash flows from financing activities
3. examples of Cash flows from investing activities
4. Direct vs indirect method of presenting cash flows from operating activities.
5. Common adjustments to net income in the computation of net operating cash flows include the two items below.
6. Sales revenue is reported on the accrual basis. What is impact of changes in accounts receivable in calculating cash collected from customers during the year?
7. Given income tax expense for the year, what is the impact of changes in income tax payable in the calculation of cash paid for income taxes during the year.
8. Free cash flow - what is it, why is this important?
9. What is meant by the term “quality of earnings”?