...Yuting Hung(Janice) EAP 152-300 Christine Discoe Summary/Response Summary: According to the article” Can U.S Remain an Island of Stability in the Global Economy?”, Niel Irwin (2016) describes the status of global economy, which is currently in an unstable situation this year. Nonetheless, opposite to that gloomy background, U.S. economy is keeping nearly upright in this chaotic world. To illustrate, the author further uses several examples to prove that the United State has shown their unexpected tendency to survive even benefit aboard whiling other countries were facing the economy recession. For instance, the annual unemployment rate of America stayed near the lowest level in four decades, and the forecast manifested by International Monetary Fund indicated that American stock market indexes, in spite of the global sell-off, remain at relatively steady levels. On the other hands, Irwin also makes his own predictions about the future obstacles for America. In his words, either the U.S. keeps acting as an island of economic, or the situation goes down that no longer to sustain its domestic economy order, the negative impact will be generated, such as rapid appreciation of currency as well as the constantly growing debts. As a result, Irwin suggests that the best way to improve global economy is depend on the efforts contributed by the rest of world rather than by U.S.’s. Response: In my opinion, I agree with the author’s final analysis of not relying America as the last resort...
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...5/18/13 Microsoft Word - Lecture 11-The All American Pipeline Case.doc C MM 31L c r 1 O 7, et e 1 u Lecture 11: The All American Pipeline Case (use APV valuation) T osusht wl o d cs ifr edtl w i e taI in t i usn ut r e i s l s h a: 1. The economic rationale for building a pipeline: is the AAP a good idea? T e p otn y o xlt po c d up s frd OLn afriP D h o p r i t ep i rj t srl o c e I iC l n A D5 ut o a ee u u i a o Eh i so shtx t g en g aai cn o poes l rd iP D xit h w taeii r in cpcy an t rcs a c en A D b4 sn f i t lu 5T u, e A wlr soth c d t teenrsn ea (A D3 . h st A P it np rte r eo h r i i iT xsP D - . h la u f ee ) T e up s an t e xot wto tp rvlf o ges h srl cn o b ep r d i u apo ao C n r u e h s Rss i k Po c d up sn A D5 icm f m rj t srl iP D -wl o er : ee u l o Aak l a s C l riO t C ni naS e (C )acu tfr o srl ) af n ue o t et hl O S ( o nso ½ fup s i a o r n l f c u Po ut n xet t i r s s n i nl rd co epc d on e e i i at i e ca g f c y B t o e m n apo asl ed g u g vr etp rvlt pn i n i l n O S is ev ad iyn tu e f mC l rir i rsn t C o ihay n d t,o sid r af n en i ,o l r t o i a f ee o cm ln wt C ev o m nar u t n o pat i A n i n et e li i h r l g ao S c o r u e hafrr sot i ,n te A wl o h uh ie is eto t np r t nad h A P id ti lq r a ao l s a e pial a t np rn O S rd o id r r m m i y tr sot g C c e i a i u l Ohr afriof oe n o soe rd c g r s teC l n f h rad nh rpo ui a a i a s o n e T e cn mc o r in iT xsa eta C l ri h eo o i fen gn ea r hrhn af n s fi t i a o...
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...Qklhokn 1 Accounting Theory Paper-8 M. Com. (Final) Directorate of Distance Education Maharshi Dayanand University ROHTAK – 124 001 2 jktuhfr foKku Copyright © 2004, Maharshi Dayanand University, ROHTAK All Rights Reserved. No part of this publication may be reproduced or stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise, without the written permission of the copyright holder. Maharshi Dayanand University ROHTAK – 124 001 Developed & Produced by EXCEL BOOKS PVT. LTD., A-45 Naraina, Phase 1, New Delhi-110028 Qklhokn 3 Contents Chapter 1 Accounting-An Intoduction Chapter 2 The History and Evolution of Accounting Thoughts 23 Chapter 3 Approaches to Accounting Theory 56 Chapter 4 Accounting Postulates, Concepts and Principles 88 Chapter 5 Income Concepts 107 Chapter 6 Revenues, Expenses, Gains and Losses 139 Chapter 7 Valuation of Assets 158 Chapter 8 Liabilities and Equity 177 Chapter 9 Depreciation Accounting and Policy 192 Chapter 10 Inventories and their Valuation 238 Chapter 11 Financial Reporting 277 Chapter 12 Specific Issues in Corporate Reporting 302 Chapter 13 Harmonization of Financial Reporting 323 Chapter 14 Accounting for Price Level Changes 339 Chapter 15 Human Resource Accounting 397 Chapter 16 Financial Engineering:...
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