shares are classified as long-term debt on the statement of financial position‚ the dividends declared and paid to preferred shareholders would be classified as interest expense on the statement of income. It might be desirable to separate the amount of dividends (reported as interest expense) paid on the preferred shares with the interest paid on other debt. BRIEF EXERCISE 16-8 Under IFRS‚ the preferred shares would be recorded as a liability because the contingent settlement provision is
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1 Y2010 Y2011 Y2012 Closing Price per share ($) 25.94 37.29 50.71 Number of shares outstanding on the year-end fiscal date (millions) 742.90 742.60 744.80 Market Capitalization (million $) 19‚270.83 27‚691.55 37‚768.81 From financial ratio analysis of fiscal year 2012‚ based on the company’s performance‚ its profitability is almost the same as it was last year. Its operating margin is slightly increased while its net profit margin is decreased a little from fiscal year 2011. Its net
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plus 50 franchises operating in Asia‚ Europe and The Middle East. This report will analyse and outline the company’s profitability‚ liquidity‚ solvency and investment potentials based on 15 ratios. All information is taken from the Next plc 2011 statement. Profitability and Performance The gross profit ratio indicates that Next plc was able to maintain their gross profit. It has decreased insignificantly by 0.05%. In 2011 the revenue has increased by roughly 47 Million‚ hence the sales of costs
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countries do not have permanent friends and permanent enemies but only have permanent interests. I have chosen texts from novel‚ short story‚ non-fiction books‚ magazines‚ newspapers and internet sites. The texts describe permanent interests of countries that cause wars to occur‚ the change of alliances and current political policies of countries toward warfare. My report outlines three key connections about permanent interests of countries that I made between the texts. What are the principle reasons
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side” of Washington is considered by the American public as interest groups. Even James Madison described them in the federalist papers he wrote in 1787 as “factions” that could be dangerous. The modern day hasn’t changed much. People today largely agree with Madison in how they view interest groups. What interest groups do‚ how they are supported‚ and what their stances are an interesting mix of controversy‚ clash‚ and representation. Interest groups are there to represent the people‚ usually a portion
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Interests: The Measure o f Negotiation D a v i d A. L a x arid J a m e s K. Sebenius People negotiate to further their interests. And negotiation advisers urge attention to interests--often solemnly‚ as if the suggestion were original and surprising. Yet Socrates ’ admonition to " K n o w Thyself" surety scoops any late twentieth century advice of this sort. So‚ academic compulsiveness aside‚ w h y write an article o n interests or‚ more to the point‚ w h y read one? The answer‚ in part‚ is that
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Understanding Interest Rates 4.1 Measuring Interest Rates 1) The concept of ________ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today. A) present value B) future value C) interest D) deflation Answer: A 2) The present value of an expected future payment ________ as the interest rate increases. A) falls B) rises C) is constant D) is unaffected Answer: A 3) An increase in the time to the promised future
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INTRODUCTION Public Interest Litigation: The term "Public Interest" means the larger interests of the public‚ general welfare and interest of the masses ((Oxford English Dictionary 2nd Edn.) Vol.Xll) and the Word “Litigation” means "a legal action including all proceedings therein‚ initiated in a court of Law with the purpose of enforcing a right or seeking a remedy." Thus‚ the expression `Public Interest Litigation’ means "any litigation conducted for the benefit of public or for removal of some
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Statement of Research Interest I am very interested in pursuing graduate studies in Petroleum Engineering focusing on Enhanced oil/ Heavy oil Recovery (EOR). I am interested in the fundamental and applied research in thermal‚ gas and chemical EOR technologies. Given that the world average recovery factor from hydrocarbon reservoirs is stuck in the mid- 30 per cent range‚ raising the recovery factor is a challenge that global effort for some time now has been trying to solve. Overcoming this challenge
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Interest group is an organized group of people who have common interest and work together to promote and protect their interest by influencing public opinion and political process. Interest groups plays significant role in politics. Interest group has a profound influence over the government in the history of United States. The interest groups various in their size and can use have altered tactics to promote their interest. All interest groups share a desire in form of action such as protest marches
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