Chapter 2 Opportunity cost of capital – rate of return expected to be received from alternate investments forgone. NPV – Present value of cash flows less the cost of acquiring the asset acquire assets with positive NPV‚ positive NPV = good project Rate of Return = profit/cost or investment (good investments have higher rate of return than opportunity cost) Higher discount rate ( lower discount factor (lower NPV Investment Decision Rules: 1. accept if positive NPV 2. accept
Premium Time value of money Net present value Bond
“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
Premium Financial statements Balance sheet Generally Accepted Accounting Principles
The Fundamental Tenets Of Buddhist Ethics The Moral Dilemmas Word Count: 2‚521 To live is to act‚ and in doing so our actions can have either harmful or beneficial consequences for oneself and others. Buddhist ethics is concerned with the principles and/or practices that help one to act in the ways that are helpful rather than harmful. (fwbo.org) Primary to the human factor is the fact that work implies equally to any setting‚ a supermarket or the stock market. No matter where
Premium Buddhism Morality
Fundamentals of Macroeconomics Paper ECO 372 12/12/2013 The Gross Domestic Product (GDP) This is used to measure the total market value of all goods and services. The value is measure against the total amount produced within a country in a year or over a period of time. There can be issues with the accuracy of the calculations‚ because the Government receives the data which only analyzes the output of goods and services that were reported. There may be circumstances
Free Unemployment Inflation Monetary policy
Question 1 Use the data below to answer Parts (a) through (c). Show all calculations in your solutions. On January 1‚ 20X2‚ Haika Inc. purchased 60% of the outstanding voting shares of Selina Co. for $3‚000‚000. On that date‚ Selina’s shareholders’ equity consisted of retained earnings of $2‚000‚000 and ordinary shares of $1‚000‚000. Selina’s identifiable assets and liabilities had fair values that were equal to their carrying values on January 1‚ 20X2‚ except for the following: | Fair value
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
copy exists in memory and client code can only access it through the class itself‚ not an instance variable. For more information‚ see Static Classes and Static Class Members (C# Programming Guide). Unlike structs‚ classes support inheritance‚ a fundamental characteristic of object-oriented programming. For more information‚ see Inheritance (C# Programming Guide). Declaring Classes Classes are declared by using the class keyword‚ as shown in the following example: C# public class Customer { //Fields
Premium Object-oriented programming Class Subroutine
Fundamental Dance Steps 1. Step Drag-Close Counts 1. Long step to right. 2. Bring left up to right‚ dragging it along ground Repeat to cover the required distance. 2. Step Lift-Close Counts 1. Long step to right 2. Bring left up to right‚ lifting it clear of ground Repeat to cover the required distance. 3. Shuffle Counts 1. On ball of right foot‚ drag to right a very short distance &. On ball of left foot‚ drag to right
Premium Foot
Chapter 3 INDIRECT INVESTING Multiple Choice Questions Investing Indirectly 1. Which of the following is not a characteristic of investments companies? a. pooled investing b. diversification c. managed portfolios d. reduced expenses 2. In order to avoid paying income taxes‚ an investment company must: a. be classified as a non-profit organization b. invest only in municipal bonds. c. pass on interest‚ dividends‚ and capital gains to the stockholders
Premium Mutual fund Investment
costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
Premium Balance sheet Inventory Manufacturing
employeee‚ is for war rather than for peace‚ and that perhaps the majority on either side do not believe that it is possible so to arrange their mutual relations that their interests become identical. The majority of these men believe that the fundamental interests of employeee and employers are necessarily antagonistic. Scientific management‚ on the contrary‚ has for its very foundation the firm conviction that the true interests of the two are one and the same; that prosperity for the employer
Premium Employment Management Wage