The Matching Principle: Insights into Earning’s Usefulness to Investors.$ Harm Sch¨tt u Haas School of Business University of California at Berkeley Abstract This paper argues that matching expenses to revenues increases earnings’ usefulness to investors by providing an accounting rate of return (ARR) closer to current economic profitability. To test this‚ I estimate a proxy for a firm’s internal rate of return (IRR) in order to approximate the distortion between ARR and IRR. Results show that
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FINC 5001 Capital Markets and Corporate Finance Tutorial Questions and Solutions Topic 1 – Preliminary concepts Discussion Question 2 The text refers to three types of financial decision – the investment decision‚ the financing decision and the dividend decision. Describe each in detail‚ and explain how these decisions relate to the corporate objective. Categorise each of the following decisions in terms of whether it is an investment‚ financing or dividend decision and explain why it is in that
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Chapter 1: 21st-Century Supply Chains Study Questions 1. Compare the concept of a modern supply chain with more traditional distribution channels. Be specific regarding similarities and differences. Back then‚ the traditional distribution channels typically had an order time of 15-30 days. If something went wrong‚ it would unfortunately increase delivery time. The main goal of the traditional model was to ensure availability of products. 2. What specific role does logistics play in supply
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Chapter 2 Early Civilizations in Mesopotamia Cumulative effects of agriculture + wave of technological changes around 4000 B.C.E. = generated civilizations as a new organizational form The process of agricultural economies = civilizations began in the Middle East. The Sumerians Sumer 1st river valley civilizations Major floods occurred Northeastern section along the Tigris and Euphrates Rivers that lead to the Persian Gulf Rainfall is scant Generated large food surpluses = population
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SPEAKING OUTLINE Part 1: Language learning 1. What are your earliest memories of learning English? I started learning English when I was 10 years old with the guidance of my mother‚ She is my fisrt English teacher who inspired me to learn English and helped me understand the importance of learning English. I have memories of picture books‚ books with letters and a number of English songs which thanks to them I was gradually improving my English. 2. What do you find difficult about English? In
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BUS 475 Week One Discussion Questions DQ #1: Select a small business that you may want to start. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan? I want to start an e-commerce sales business. The strategic management and planning guidelines for this kind of business include the following: Planning - As an owner‚ I will analyze
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Poverty level in Phl unchanged since ’06 By Ted Torres (The Philippine Star) MANILA‚ Philippines - The percentage of Filipinos living below the poverty line has remained almost unchanged in the past six years‚ according to the latest poverty data released by the National Statistical Coordination Board (NSCB) yesterday. The recorded poverty incidence for the first half of 2012 was 27.9 percent‚ slightly less than the 28.8 percent recorded in the first half of 2006‚ and 28.6 percent in the first
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BUS 362: Multicultural Marketing Case/Article Outline Fill out the following matrix with thoughtful‚ intelligent statements. Bullet format Preparation for discussion in class |Student Name Hyder M. Alikhan | |Case/Article Name The Cosmopolitan Corporation
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Simon Fraser University Course: Bus 312 Semester: Spring 2015 Title: Introduction to Finance Instructor George Blazenko Assignments and other materials related to the course (when appropriate) can be found on the course website: beedie.sfu.ca/courses/bus312 As an experiment (cannot guarantee reliability)‚ BUS312 *day* class will be recorded (audio and two projected images). For access to recordings you can go to: http://stream.sfu.ca/Media/Catalog/catalogs/bus-312 Professor Blazenko Office:
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Bus Boycott This year the event I have studied was the Bus Boycott in American‚ Montgomery‚ in 1955. The causes of the bus boycott are the racial discrimination that the African American community had been shown and also Rosa Parks protest and arrest. The consequences of the Bus Boycott is the involvement and the impact of the Supreme Court’s decision of desegregating all of America ‚ and also another consequence that is important to the event is the grand boost in the Civil Rights movement campaign
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