Describe the Differences Between Tangible and Intangible Benefits and Costs,and

question 116

Essay

Describe the differences between tangible and intangible benefits and costs,and between one-time and recurring benefits and costs.

---

Definitions:

Total Retained Earnings

The accumulation of a company's net earnings not distributed to shareholders, reinvested in the business.

Book Value Per Share

A financial measure that calculates the per-share value of a company based on its equity available to shareholders.

Par Value Per Common Share

The nominal or face value of a common stock as stated in the corporate charter.

Control Account

An account used to summarize and control the total of individual subsidiary ledger accounts, such as accounts receivable or accounts payable, facilitating the integrity of financial information.