Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Monday Oct 29 2012 ON page 605 of the Wiley 14e text, the authors mention the PWC paper on Impairment Testing. Sure enough I found it for you, click on the hyper link above to read this paper.
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Thursday October 18, 2012 Google GOOG made over $9 a share, but they were expected to do better than that-$10.65 in fact. The restult was an immediate drop of $70 in the share price and the trading was halted! This is why the topic of earnings per share and how it is computed are a serious…
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Tuesday Sept 25 2012 You may or may not recall that Foxcomm had to put bars on the windows of the worker dormitories to stop them from jumping to their deaths. After that spate of suicides, the latest is a simple riot. Since this is in China it is good sized riot but just that.…
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Monday Sept 24 2012 This article uses several of the metrics we have been studying which is why I posted it here. This ssuggests a P/E of 24 is about right and still no bargain at that price. What does stock based compensation costs refer to, are these real costs, are they different from cash costs,…
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Wed Sept 12 2012 I frequently mention the upstart success of Lululemon LULU as an example of a hot stock sporting a hihg P/E ratio. Thankfully this company has removed the stigma of having to attend yoga class attired in run of the mill department store togs that scream, Clearance Sale! I know this comes…
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Monday Sept 10 2012 The IRA Risk Group examines Bank Stocks. In class today I mentioned that Citi and Bank of America were already trading at 2009 levels even with the market in recovery mode. Please read this article as we will be discussing it in class.
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Tuesday August 14, 2012 Goodwill represents money paid over and above the fair value of assets purchased. But recently some compnanies seem to have more goodwill than just plain ordinary assets. This article examines goodwill accumulated by various companies and suggests where the next big write offs might occur. Companies are required to perform an impairment…
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Monday July 30, 2012 Tom Frost, CEO Emeritus of Frost Bank writes on Too Big to Fail TBTF banks. Tom's Uncle Joe was right, take care of the deposits and the returns come.
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Friday July 27 2012 Learn Bonds is a site that will help accounting students understand the ins and outs of the bond market. As the author says buying a bond is not like buying a stock. The site lists differen t kinds of bonds and explains the duration and risk. Take A look.
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Wednesday July 25, 2012 Radio Shack was the worst performing stock today. RSH tumbled to 2.60. This would be a good company to look at, along with Kodak EK, about a thirty year decline. RSH used to sell stereo gear, a staple of college life. I grant that music has moved to the digital format…
Professor Elam 