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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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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Parole and Truth In Sentencing Brandon Hawkins CJS/200 March 01‚ 2015 Parole is a concept of reintegrating a convicted criminal back into society. It is different from probation‚ as probation is a tool used as a form of punishment prior to incarceration‚ and parole is used for those who are getting or have already been released. The concept gained popularity in the 19th century to provide incentive for people to behave well. There are two major types of parole
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4 500 (Allocation of impairment loss) QUESTION 9.7 MILES LTD Jericho Jackson Plant $850 825 Patent 240 0 Inventory 54 75 Receivables 75 82 Goodwill 25 20 1 244 1 002 Value in use 1 044 990 Impairment loss (200) (12) In relation to Jackson‚ write goodwill down by $12: Impairment loss Dr 12 Accumulated impairment losses - goodwill Cr 12 In relation to Jericho‚ reduce goodwill by $25 and allocate the remaining $175 impairment loss to applicable
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CCOT IRAN/PERSIA 1800 – PRESENT The country of Iran/Persia has gone through many changes in the past 200 years (1800-present)‚ mainly the rapid change in leadership‚ the intrusion of foreign powers‚ Pan-Arabism movement‚ revolution‚ and the Iran-Iraq war. Although much has changed‚ a few factors have stayed relatively consistent: religion‚ religious extremism‚ oil‚ and the opposing forces of old and new ideals. Continuities within the period of 1800-present in Iran/Persia include religion‚ religious
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Assignment: Classroom Management Paper June 6‚ 2010 Aaronita J Morgan AED/200 Instructor: Junett Johnston The principles of behaviorism can be useful in facilitating learning within the classroom. Behaviorism offers a particular perspective on how learning occurs and how teaching impacts that process. B.F. Skinner argued that‚ “A behavior is more likely to reoccur if it has been reinforced or rewarded. Thus reinforcement can be used to strengthen existing behaviors‚ as
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and carbon dioxide takes place in the alveoli. Tiny blood capillaries surrounding the alveolar walls allow oxygen to be carry into the bloodstream. In exchange‚ carbon dioxide waste diffuses from blood into the alveoli from where it is exhaled. (P. 200) The Digestive System Explain the function of the digestive system (everyone) The digestive system is the physical ad chemical breakdown of food. Following ingestion‚ food and fluids are processed by the digestive organs so that nutrients can be absorbed
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MGCR 271 – Business Statistics Copyright © 2014 - SOS Tutoring COMM 215 – Business Statistics – Mock Final Exam – W’14 ON BEHALF OF ALL THE SOS TUTORING STAFF WELCOME! Before you begin this mock exam‚ please read the following instructions: 1. This is a simulated exam. The questions are based on our instructors review of past exams‚ experience working with students‚ and assessment of those topics students have the most troubles with. 2. You have 48 hours to review and attempt the SOS Mock Exam
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