AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Accounting shift cuts Circuit City earnings. (Circuit City Stores Inc.)
Accounting shift cuts Circuit City earnings
Richmond-based consumer electronics retailer Circuit City Stores Inc. expects that net earnings for fiscal year 1991 will be reduced by about $1.40 a share due to a change in accounting methods for sales of extended service plans.
The accounting change, required by the Financial Accounting Standards Board, requires the company to follow the full deferral method to account for service contracts on merchandise. The $1.40 a share reduction includes an adjustment as of March 1, 1990 of $1.15 and an estimated impact on current year operations of 25 cents.
Circuit City reported a 10 percent increase in December …
-
- Circuit City.(Circuit City Stores Inc. partners to offer credit card)(Brief...
-
Newspaper article from: DSN Retailing Today
Duff, Mike
February 7, 2005
700+ words
-
- Circuit City Stores Inc. (Earnings and Dividends)
-
Magazine article from: Baltimore Business Journal
October 8, 1990
700+ words
-
- Marcum faced with Circuit City turnaround.(Circuit City Stores Inc. appointed...
-
Newspaper article from: Retailing Today
Desjardins, Doug
September 8, 2008
700+ words
-
- Circuit City Stores Streamlines Operations in Effort to Remain Profitable.
-
News wire article from: Richmond Times-Dispatch (Richmond, VA)
February 27, 2001
700+ words
-
- Circuit City targets area malls. (Circuit City Stores Inc., Dallas-Fort Worth...
-
Magazine article from: Dallas Business Journal
Bond, Helen
June 25, 1990
700+ words
