Corporate Reporting and Financial Analysis Prof Wang Jiwei HOMEWORK #2 Suggested Solutions Question 1 Determinants of Income P2-9. Determining missing amounts on income statement |AJAX Corporation | |Income Statement | |For the
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"keiretsu." What are these? a. warlords that control Japanese wealth b. local governmental entities Selected: c. corporate conglomeratesThis answer is correct. d. joint ventures with foreign investors "keiretsu" are corporate conglomerates. /1 1/1 Question 3 In Germany‚ prudence is an accounting principle established in commercial law. What does "prudence" mean in an accounting context? a. Reliability b. Comparability Selected: c. ConservatismThis answer is correct. d. Relevance In context of accounting
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Chapter 1: Globalization and International Business Introduction 1. The meaning of globalization * Broadly: the widening set of interdependent relationships among people from different parts of a world that happens to be divided into nations. * Narrowly: the integration of world economies through the elimination of barriers to movements of goods‚ services‚ capital‚ technology‚ and people. A. How Does International Business Fit In? * International business consists of all
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Chapter 8-Political Forces 6. How can international companies use their strengths to influence government policies? International business is not merely a passive victim of political forces. It can be a powerful force in the world political arena. As noted in chapter 1‚ about half of the world’s 100 biggest economic units are firms‚ not nations. (257) International companies repeatedly make decisions about where to invest‚ where to conduct research and development‚ and where to manufacture
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Inc. Graduate School of Business COMMENTARY: GLOBAL COMPARABILITY IN FINANCIAL REPORTING: WHAT‚ WHY‚ HOW AND WHEN? REACTION PAPER The commentary paper mainly deals with the evolution and convergence of accounting standards. In response to comparability & convergence issues that have arisen to date‚ the commentary has discussed what comprises global comparability in financial reporting‚ why it has arises and how they could make it into reality and its timeline
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Liquidated:An Ethnography of Wall Street – Ch. 3 How is shareholder value constructed? How were leveraged buyouts supposed to save Wall Street institutions? On what ground could you be critical of this thinking? In Chapter 3 of Liquidated‚ Ho talks about the historiographies of Wall Street and the shareholder value revolution and it’s equivocal affects on various Wall Street players in the 1990’s. Ho introduces the issue of shareholder value by defining it as a concept that has become a part
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Chapter 3 Review Questions 1. What is different about the method used to boost a digital signal’s strength‚ compared with the method of boosting an analog signal’s strength? (D) A digital signal requires a repeater‚ which retransmits the signal in its original form‚ and an analog signal requires an amplifier‚ which increases the strength of both the signal and the noise it has accumulated. 4. What is the origin of the word “modem?” (B) Modulator/ demodulator 5. With everything else being
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Chapter 4 — Intro—1 1 CHAPTER 3 Topic Scopes: Stoichiometry and Solution Concentration • Molarity‚ molality‚ parts per million & percentage (w/w‚ w/v and v/v) • Stoichiometry calculation • Limiting reactant • Theoretical yield‚ actual yield and percentage yield 1 2 Mole Concept No. of Moles = Molarity (M) • Molarity (molar concentration) is the number of moles of a solute that is contained in 1 liter of solution Mass (g) molar mass (g/mol) No. of Moles = Molarity (mol/L) volume (L) Molarity
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3 costoReview Questions: CHAPTER 3; Cost Volume Profit True/False 1. Determining the number of units that must be produced in order to generate enough profit to cover total fixed costs is one reason for using a break-even analysis. 2. An expected value is the w eighted average of the outcomes‚ based on the percentage combinations of the incomes. 3. Which of the following statements about net income (NI) is TRUE? a. b. NI = operating income plus income taxes. NI = operating income
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Culture convergence due to ‘modernization’ or ‘globalization’ Since early days‚ time and distance has become borderless as business entities begin to grow and spread their roots all over the world. It becomes unavoidable for one country without being any related to other countries in any business. Each and every individual have their own culture and being proud of it‚ but when the relation between two entities (individuals or countries) happens‚ the cultures may converge due to obtain mutual understanding
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