Managers should be allowed to manage earnings Our position is that managers should be allowed to manage earnings . 1) Our first argument is that managers and Investors share the same goal of the company ‚which is to keep their revenue and income growth rate constant and smooth . Consider the fact that many ventures or small companies go out of their business every day‚ if they are successful‚ they do in usually one fiscal year. Some of the failure might be due to the state of nature ‚ future
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Power of Commissioner to waive or reduce the Penalty‚ under Income Tax Act. PROJECT FOR THE SUBJECT Tax laws - I SUBMITTED BY Mr. Utkarsh R. Kodekar (Roll No. 07BAL022) & Mr. Jayneel Parikh (Roll No. 07BAL037) Semester – VII (B.A.LL.B.) UNDER THE GUIDANCE OF Asst. Prof. Tinku Punjabi Asst. Prof.‚ ILNU INSTITUTE OF LAW‚ NIRMAUNIVERSITY AHMEDABAD ACADEMIC YEAR (2010-11) Page 1 of 40 DECLARATION I Parikh Jayneel declare the work entitled “Power of Commissioner to waive
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By adding another experienced salesman that is working for a base salary plus commission‚ they can grow the revenues even more. By having this person work on commission‚ this will eat into the profit margin for the materials he is selling. But the net impact to the BLC will be positive. I would advise Mr. Butler to select the LOC for up to $465‚000 because he can take out as little as he needs. He does not need all $465‚000 this quarter‚ but he may need some in the first and last quarters of the
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Comparing ROI and residual income Balanced scorecard perspectives Computations for the DuPont model Criticisms of ROI Calculate residual income Calculate EVA Variable vs. fixed compensation Components of ROI Learning Objectives 25-1‚ 25-6 25-2‚ 25-3 25-2‚ 25-4 25-5 25-3 25-3 25-2‚ 25-4 25-4 25-6 25-2 Exercises 25.1 25.2 25.3 25.4 25.5 Topic Accounting terminology Balanced scorecard activities Employee motivation ROI versus EVA measures Performance and ROI versus residual income Learning Objectives
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ROE comparisons between StilSim and competitor. “Return on assets (ROA) is a measure of profit per dollar of assets” (book 449) The ROA is calculated by dividing the net income by total assets. “The return on equity (ROE) is a measure of how the stockholders fared during the year” (book 449). The ROE is called by dividing the net income by the total equity. In 2016‚ StilSim’s ROA was 2.1% and ROE was 2.7%. StaffAces ROA was 2.7% and ROE was
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Exercise 11-1 (10 minutes) 1. 2. 3. Exercise 11-2 (10 minutes) Average operating assets £2‚200‚000 Net operating income £400‚000 Minimum required return: 16% × £2‚200‚000 352‚000 Residual income £ 48‚000 Exercise 11-3 (20 minutes) 1. Throughput time = Process time + Inspection time + Move time + Queue time = 2.8 days + 0.5 days + 0.7 days + 4.0 days = 8.0 days 2. Only process time is value-added time; therefore the manufacturing cycle efficiency
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KAI uses an inappropriate volume- based cost allocation method that causes inefficient resource allocation‚ disincentive among employees and reduced net income. To improve the existing method‚ Senior Management should consider reviewing the current situation to identify problems‚ followed by adopting an alternative cost allocation method. The current method allocates resource based solely on revenues‚ causing inefficient resource allocation. It lacks consideration of each branch’s difference in
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"Although abuse of the system are inevitable‚ social welfare payments are essential to protect the rights citizens have to a guaranteed minimum income in a democratic society" Discuss. Social welfare is an essential element of an advanced society. Good systems are always abused‚ but that does not mean they are faulty. In my opinion‚ the two main reasons why welfare payments are necessary are as follows: First of all‚ critics forget that there are many forms of welfare besides payments to the
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another an experienced salesman that is working for a base salary plus commission‚ they can grow the revenues even more. By having this person work on commission‚ this will eat into the profit margin for the materials he is selling. But the net impact to the BLC will be positive. I would advise Mr. Butler to select the LOC for up to $465‚000 because he can take out as little as he needs. He does not need all $465‚000 this quarter‚ but he may need some in the first and last quarters
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The Critical Role of Executing Rebates‚ Allowances‚ and “Dead Net Pricing” There’s an old pricing related joke that goes like this: A customer walks into a deli asking for the cost of a dozen bagels. The proprietor responds with $5.50. The prospective customer responds‚ "but the deli down the street sells a dozen bagels for $4.50". "Why don’t you buy the bagels there‚" the proprietor asks. "He’s out of bagels today‚" the customer replies. The proprietor retorts‚ "When I’m out of bagels‚ I’ll also
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