Although the provision recognized is the current best estimate of expenditures required to settle certain present obligations at the end of the reporting period‚ there are future expenditures for which it is not possible to measure the obligation reliably. On page 71 there is the table for the environmental costs. 2. In addition to operating and capital expenditures‚ we also create provisions for future environmental remediation. Expenditure against such provisions normally occurs in subsequent periods
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Midterm Review Macroeconomics 1. The unemployment rate does not take into account individuals who A) goof off on the job. B) are employed by the federal government. C) would like to work‚ but are discouraged from looking for a job. D) are employed part time. 2. Suppose that Matt quits a job with the XYZ Corporation in order to look for more rewarding employment. Matt would be A) counted as still being employed. B) included in the economy’s "hidden employment." C) counted as frictionally
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ACKNOWLEDGMENT The preparation of this report is a sound example of teamwork. The experience is a valuable one because not only did the report increase our understanding and knowledge on the assigned topic‚ i.e. „Assess the reporting requirements under the Fiscal Management (Responsibility) Act no 3 of 2003 in the context of envisaged reforms in public sector financial management. It also taught us important lessons of how to incorporate out theoretical knowledge to enhance the understanding
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Axiata Jakarta XL Axis Capital Group Telekom Indonesia-Axiata unit to sell 3‚500 towers to Solusi Tunas in RM1.5bil deal PETALING JAYA: Axiata Group Bhd’s Indonesian unit‚ PT XL Axiata Tbk‚ has picked PT Solusi Tunas Pratama Tbk (STP) over 14 others to sell a portion of its towers in a deal worth US$460mil (RM1.5bil)‚ or 5.6 trillion rupiah‚ cash. XL Axiata is selling 3‚500 of its 8‚000 towers in a deal signed yesterday. There are no immediate plans to sell more towers‚ however. “We have not
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ECON1102 MACROECONOMICS 1 Session 2‚ 2012 Tutorial Test (Week 17-21 September) INSTRUCTIONS 1. Tutorial tests will be constructed from the following pool of short-answer questions. 2. Each Tutorial test will be comprised of a sufficient number of short-answer questions to add-up to a total of 20 marks. 3. The marks for each question provide an indication of how much is required to answer the question. 4. Tutorial tests may contain questions on different topics. 5. The set of short-answer
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“Capex Optimization Strategies: Operator Best Practices for Making the Most of 3G Network Capex‚” a new Africa and Middle East Telecom Insider by Researcher‚ starts by noting that operators today continuously need to manage their network capital expenditures in an efficient way‚ whether their investment priorities lie in broadband‚ innovation‚ improved coverage or QoS. To help them make the most of their network capex‚ Researcher has developed the MASI framework. MASI provides a structure for the operator
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rules: Now an entity can be either capitalized or expensed. Capital expenditures (CAPEX or capex) are expenditures creating future benefits. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life extending beyond the taxable year. Operating expense‚ operating expenditure‚ operational expense‚ operational expenditure or OPEX is an ongoing cost for running a product‚ business‚ or system. As
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to consume for this economy? What is the marginal propensity to save? b. Write out the equation that indicates how aggregate demand (Z) is a function of income (Y) and the remaining autonomous expenditures. What will be the level of aggregate demand if Y = 0? What does this level of demand represent? Furthermore‚ given you equation‚ what will happen to the level of aggregate demand (Z) as Y increases by $1? What does this number represent? c. Based on your answer in part (b)‚ calculate the
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Case Analysis: Zappos.com 2009: Clothing‚ Customer Service‚ and Company Culture 1) Identification of the Problem -Zappos wants to grow as a company faster than their current rate. Zappos expanded into the clothing portion of the online retail market‚ as well as diversifying into other business‚ but are not satisfied with the rate of growth. Hsieh and Lin must decide whether or not to recommend a merger proposed by Amazon to their board of directors. 2) Identification of the Causes of the Problem
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FJ Benjamin Holdings Ltd# (SGX: FJB) 18 July 2012 Receding tides at the fashion and timepieces retailer UNDERWEIGHT Target Price: S$ 0.09 Price (as at 18 July 2012) | Bloomberg | 12-month Range | Market Capitalization | S$ 0.33 | SGD 0.3300 | SGD 0.26 – 0.365 | SGD 203 Million | 3 Points that convince us of a Sell rating: * Something 1 Explanation * Something 2 Explanation * Something 3 Explanation Year End: Jul | 3QFY11Results | 3QFY12Results | YoY % Growth
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