As at 31 December 2014‚ VietinBank total assets reached VND 661‚132 billion‚ increased by 14.7% from 2013‚ equivalent to 103% of target set at the General Meeting of Shareholders. Fund Mobilization: Thanks to numerous fund mobilization and structuring solutions‚ VietinBank continued to maintain stable capital growth in the past several years. Total funding as at 31 December 2014 was VND 595 trillion‚ an increase of 16.3% compared to that of 2013 and reached 104% of the target set at the General
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Midterm Exam #2As the current CEO of Coca-Cola‚ I will pursue the strategy of localization‚ and there are several reasons below. First of all‚ because each country has its own culinary culture‚ Coca-Cola needs to adapt to a variety of culinary culture to increase their sales. Unlike products like cell phones or laptops which can become the best products as long as they are most advanced and practical‚ there is no best beverage because it’s really hard to identify. It means that Coca-Cola should
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restart the exam. You will not need a proctor for the exam. You will need to know how to calculate the following: Product costs Period costs Variable costs Fixed costs High-low method Prepare a contribution format income statement Prepare a traditional format income statement Schedule of cost of goods sold Compute the company’s predetermined overhead rate. Unit product costs Prepare a Schedule of Cost of Goods Manufactured Prepare a Schedule of Cost of Goods Sold Weighted Average method
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Immigrant assimilation is a well known process in which a group of immigrations change their culture in order to adapt with the dominant society‚ which are the native people of a certain country. In the United States‚ this process had been widespread since the early 1800s‚ where immigrants gradually become similiar with natives. There are two kinds of assimilations. The first one is that immigrants are becoming more similar over time in norms‚ and behaviors‚ while the second one ‚ the racialor ethnic
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Five Tips for Analyzing an Income Statement In this article‚ we’ll be looking at the income statement‚ which is the most deceptively simple of the major financial statements. I say simple because it’s just a list of all the revenue‚ minus all the expenses‚ to calculate what’s left over in profit. It’s no more difficult than putting your family budget together‚ right? That’s where the deceptive part of the description comes in. The items on the income statement are easily manipulated by‚ say‚ less-than-honest
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judgment of an informed reader. The Financial Accounting Board is responsible for establishing the rules and regulations in regards to a company providing full disclosure with their financial statements. The areas that are directly affected by the FASB include financial statements‚ notes to the financial statements and the supplementary information. Although these are the ones directly affected by the FASB‚ for a company to participate in full disclosure the company should also include other means of
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Excel Income Statement Exercise: Creating a multiple-page workbook and income statement model. In this Excel exercise you will create a simple Excel worksheet that will model a simple income statement. In future exercises you will enhance the worksheet by adding additional features. If you are unfamiliar with the features of Microsoft Excel‚ you should complete a Spreadsheets tutorial before beginning this exercise. To complete this exercise‚ you will create two Excel worksheets in an Excel
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computer/technology industry due to brand name loyalty‚ advanced supply chain management techniques and producing innovating products for an affordable price. Dell vs. HP Strategies Dell and HP operate in a competitive environment to gain market share at segmented price intervals. Over the last decade we have seen the price of the average computer go from close to $2‚000 to less than $1‚000. In part‚ pressures to add customers have lead to price wars between the two competitors. However‚ the price wars
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4) What investments does Intel report in 2012? Marketable Equity Securities Other Long Term Investments 5) How does Intel determine fair value? They determine the fair value of their non-marketable equity investments using the market and income approaches. 6) How does Intel use derivative financial
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Pinnacle income statement‚ which is located in the Pinnacle Income Statement worksheet of the Pinnacle-Financials Excel file. Use the income statement information to prepare a common-size income statement for all three years. Use the information to identify accounts for which you believe there is a concern about material misstatements. Use a format similar to the following: Estimate of $ Amount Account Balance of Potential Misstatement e. Use the three divisional income statements in the
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