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
Premium Depreciation Net present value Generally Accepted Accounting Principles
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
Premium Investment Finance Rate of return
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
Premium Supply chain management Supply chain Service provider
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
Premium Sumer Mesopotamia Ancient Egypt
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
Premium Poverty Poverty in the United States
Individual Development Plan Ricky McNeal PSY/301 December 9th‚ 2012 Maria Cuddy-Casey Individual Development Plan When it comes to understanding emotions‚ individual development of emotional intelligence is detrimental. Individual development plan will help an organizations‚ supervision‚ employees‚ and customers. The benefit of an emotionally intelligent person is the ability to manage an experience with someone positively. Five basic competencies will help an individual development plan which includes
Premium Emotional intelligence Psychology Emotion
Software Engineering Project Documentation Outline Title Page Table of Contents List of Figures List of Appendices Acknowledgement 1.0 Introduction 1.1 Background of the Study 1.2 Statement of the Problem 1.2.1 General Problem 1.2.2 Specific Problem 1.3 Objectives of the Study 1.3.1 General Objective 1.3.2 Specific Objective 1.4 Significance of the Study 1.5 Scope and Limitation 2.0 Methodology of the Study (software paradigm used) 3.0 Data Gathering Procedures and Outputs (data
Premium Requirements analysis Typography Data flow diagram
Research Paper Outline How do animals endangered because of deforestation affect the Wayuu people? I. Introduction paragraph- Explain the topic and research question A. Background information 1. General overview of deforestation; statistics 2. Wayuu people intro B. Thesis statement II. Body paragraph #1- Explain deforestation A. Deforestation 1. Where? a. Statistics b. South American deforestation c. Venezuelan deforestation 2. Why? a. Coal mining b. Cattle ranching c. Government
Premium Biodiversity Extinction Deforestation
MGT 301 Midterm Exam The Midterm Exam questions come from Modules 1-4. You should plan to take 2 hours to complete the exam. The exam is essay. Each answer is worth 20 points for a total of 100 points. Type your responses in this document and submit to the Dropbox by Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.) To see how your responses will be graded‚ review the “Midterm and Final Exam Grading Rubric” in Doc Sharing. 1. A re-organization will require that some employees
Premium Answer Question Questions
L3 HSC Technical Certificate unit worksheet Unit 301 - Principles of communication in adult social care settings The numbers in the bracket after each question relate to the assessment criteria in the standards 1. Identify the different reasons why people communicate (1.1.1) People communicate to build relationships‚ convey their needs to one another‚ share their ideas‚ express their feelings and socialise in pairs or larger groups. 2. Explain how communication affects relationships in an
Premium Communication Nonviolent Communication Writing