Intermediate Accounting, 15th Edition

K

Kahn, Jeremy, 1051

Kapner, S., 345

Kardous, D., 488

Kazenski, Paul M., 543n. 3

Kellogg Company, 45, 151–152, 496, 538, 825, 872, 1214, 1504

Kelly, Kate, 224

Kelly Services, 1081

Ketz, E., 1051

Ketz, J. E., 1283

KeyCorp, 1440

KFC, 1081

Kiley, David, 658

Kimberly-Clark Corp., 999, 1316

Kimco Realty, 597

King, Thomas E., 554n. 10

Klinke Cleaners, 58

Kmart Holding, 1143

Knutson, Peter H., 1274n. 2

Kocieniewski, D., 1140

Kohl's, 347

Kraft Foods, 414

Krispy Kreme, 235–236, 783, 1268–1269, 1272

Kroger, 236, 611

Kurzweil Applied Intelligence Inc., 423

L

Labaton, S., 607

Laffer, A., 1119n. 1

Land:

cost of, 539

decrease in, 1426

expenditures for, 546

increase in, 1422

revaluation of, 641–642

as worksheet entry, 1447–1448

Landsman, Wayne, 890n. 6

Lantronix, 1040

Largay, James A., III, 1411

Large stock dividends, 842n. 16

Larson, R. K., 1058n. 18

Last-in, first-out (LIFO). See also LIFO entries

adoption of, for inventory valuation, 1356n. 4

advantages of, 441–442

approach comparisons, 440–441

and cost flow assumption, 431–432

disadvantages of, 442–443

external indexes computations, 440n. 9

and FIFO, 432–433

and future earning hedge, 442

and international convergence, 414–415

prohibition of, 1519, 1554

repeal of, 445

specific-goods, 434–435

tax benefits, 441–442, 444

Las Vegas Sands Corporation, 225–226

Lavelle, Louis, 883

Lawsuits, 1514n. 17

Layers, 434

LBO (leveraged buyout), 830

LCM, see Lower-of-cost-or-market

LCM rule, see Lower-of-cost-or-market (LCM) rule

LCNRV (lower-of-cost-or-net ...