communication networks‚ was classified as capital expenditures rather than current expenses (Lyke and Jickling‚ 2). Since expenses were understated and capitalized expenses were treated as an asset‚ WorldCom was able to increase both its net income and asset and cover up the fact that the company had actually been experiencing net losses. This maneuver also allow WorldCom to spread out its line costs over future years‚ as capitalized expenditures are depreciated over their lifetime (Lyke and Jickling
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products are expensive. According to http://eprints.uthm.edu.my/125/1/mohd_hilton_ahmad_3.pdf‚ asphalt and concrete are the main construction materials in civil engineering and consume large quantities of aggregates. Replacing part of the primary aggregates with
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Macroeconomics – Chapter 10: The Aggregate Demand/Aggregate Supply Model * Keynesian Economics – Economists who focused on the short run * John Maynard Keynes - their leading advocate * the originator of macroeconomics as a separate discipline from micro * Classical Economists – economists who focused on long-run issues such as growth * Aggregate Demand Management – government’s attempt to control the aggregate level of spending in the economy * Equilibrium Income
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prices and wages. -The aggregate supply curve is vertical at the full-employment level of output; the aggregate demand curve is stable if the money supply is constant. -Government macroeconomic policies are unnecessary and counter-productive; automatic‚ built-in mechanisms provide for full-employment output. KEYNESIAN THEORY -Keynesian analysis unlinks saving and investment plans and discredits downward price-wageflexibility‚ implying that changes in aggregate spending‚ output‚ and employment
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Introduction The function of the aggregate supply and aggregate demand model is to give details on how real growth domestic product and the price level are determined and how they interact with each other‚ this is as according to Parkin et al (2013:632). As defined by Parkin et al (2013:636) the quantity of real growth domestic product demanded is the overall volume of final goods and services produced in South Africa that people‚ businesses‚ governments and foreigners plan to buy. The quantity
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be added into the project‚ as the project remains viable by doing so. I wouldn’t do this without the explicit agreement from the management and board that the project would take this into consideration and either exclude this additional capital expenditure from the transport business unit or recommend to the board that running the business in silos has resulted in a lack of organizational congruency which could in
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How to Calculate External Financing By an eHow Contributor Calculating the amount of financing required is one of the greatest challenges that corporate managers face. Capital markets are extremely complex‚ and it can be difficult to determine how much‚ if any‚ external financing to raise. The amount of external financing your company needs will depend upon the operating budget for your business as well as the company’s current capital resources. Determining how much external financing to raise
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cause concern‚ and following a cut in interest rates in May‚ the Bank of Thailand left rates unchanged at 2.5% at its last meeting. The Commentary Thailand’s economy enters a recession after gross domestic product (GDP) continues to fall with aggregate demand. An economic recession refers to a period of more than six months where there’s a fall in
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Net Tax Payable/Refundable 1. Loss arising from 10(1)(a) income may be deducted against income from other sources and carry forward/back for set off against income from other YA. 2. Entitled to claim Capital Allowance in respect of capital expenditure incurred in producing the 10(1)(a) income Badges of Trade 1. Subject Matter (ready mkt‚ large qty‚ periodic income) 2. Period of Ownership 3. Frequency of similar transaction 4. Supplementary work 5. Circumstances for realization 6. Motive
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Since we are more concerned with two sector model in our course‚ we will discuss about consumption and investment. In a two sector model‚ a simple but an imaginary assumption of no government and no foreign trade is made. Here Yd =C+S or Yd =AD (aggregate demand) This also implies that C+S=C+I Consumption Introducing you with: (Think yourself in advance) What is consumption? What is consumption function? What are the determinants of consumption? What is MPC? What is APC? Consumption
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