Due to contingent liabilities‚ many companies report different amounts of income on their income statement than on their income tax return‚ which leads to deferred income tax balances. A company is required to accrue a contingent liability if it is probable that the liability has been incurred and the amount can be estimated. This case study focuses on accounting implications of the most common contingencies—warranties and lawsuits—at Maytag Corporation‚ a leading manufacturer of home and commercial
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Debt versus Equity Financing Paper Seneca Porter Acc/400 November 7‚ 2014 Theresa Pekron Debt financing is when an organization raises money for working capital or capital expenditures through the process of selling bonds‚ bills‚ or notes to a person or institutional investors. Basically‚ it is the use of borrowing to pay for your organization needs. The return for lending out money‚ the individual or institution then become creditors and obtain a promise that the principal along with the
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Debt and equity financing Debt and equity financing is the sources of funding can provide you with all the cash you need to start or grow your business. Debt financing Debt financing means borrowing money from an outside source with the promise of paying back the borrowed amount‚ plus the agreed-upon interest‚ at a later date. When a firm raises money for working capital or capital expenditures by selling bonds‚ bills‚ or notes to individual and/or institutional investors can be considered as debt
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PROFITABILITY RATIOS RETURN ON INVESTMENT (ROI): The prime objective of making investments in any business is to obtain satisfactory return on capital invested. Hence‚ the return on capital employed is used as a measure of success of a business in realizing this objective. Return on Investment establishes the relationship between the profit and the capital employed. It indicates the percentage of return on capital employed in the business and it can be used to show the overall profitability
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What is Cloud Computing? INF 103 Computer Literacy December 3‚ 2012 What is Cloud Computing? Table of Contents 1. Introduction 3 2. Body a. Basic Concept 3 b. Uses of Cloud Technology 3 c. Service Models 4 d. Deployment Models 5 e. Performance‚ Productivity‚ Security and Cost 6 f. A Web Based Operating System? 7 3. Conclusion 8 4. References 9 What is Cloud Computing? Introduction If you
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Report On Tax Benefit of Debt A Case of Pakistani Firms By Mahjabeen (4426-FMS/MBA/F09) Saima Mushtaq (4370-FMS/MBA/F09) A project report submitted to the Department of Accounting & Finance‚ Faculty of Management Sciences‚ International Islamic University‚ Islamabad in partial fulfillment of the requirements for the degree of MASTER OF BUSINESS ADMINISTRATION (FINANCE) Faculty of Management Sciences International Islamic University Islamabad May 2012 A Project Report On Tax Benefit
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despite the recent recession‚ the company posted record sales (Quintanilla‚ 2012). * The prices of goods at Costco are around 30% lower than the prices at a regular supermarket. This is a result of their rule that nothing is marked up more than 15% when a typical supermarket has a 25% markup and
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What is Private Equity? some of us reading this stories‚ the word private equity may seems a little bit unfamiliar. The definition of private equity by the famous Investopedia is as follows‚ “Equity capital that is not quoted on a public exchange.” Simple isn’t it? Example of private equity in Indonesia is the Orang Tua group. So now we understand about private equity‚ but what’s in it for us finance students? The answer is the Private Equity Firm who specializes in dealing about the private
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What is cloud computing To paraphrase the definition of Cloud Computing from dummies.com: Cloud computing is the next stage in the Internet’s evolution‚ providing the means through which everything — from computing power to computing infrastructure‚ applications‚ business processes to personal collaboration — can be delivered to you as a service wherever and whenever you need. Cloud services include the delivery of software‚ infrastructure‚ and storage over the Internet (either as separate
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Rationale of the Study In our modern time’s computer’s become so usefull and it make our life even more easier than we have before. In fast moving life of the modern world of today computers hold temendous significance. We are prone to different aplications and different business and huge companies estblish in local areas and world wide. We know that managing a business is such a difficult task weather it is big or small. In accordance with this matter‚ adapting is the most common
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