Financing PPL Corporation’s Growth Strategy Monday’s lecture (October 28, 2002) will go over some of the issues associated with the relation between investment and financing decisions, and discuss leasing, off-balance sheet financing, and synthetic leases, and will review finance terms important in this case. Prepare any questions you may need answered to complete your analysis for that class. Exhibits 1, 2, 3, 5, and 7 are available in an Excel spreadsheet on the website (if you downloaded the spreadsheet
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ANNUAL REPORT: Accounting – ACC100 Michelle Leek (Squires) Instructor: Professor Sofoklis Hiotellis Strayer University February 22, 2012 Crestline Capital Corp presented their annual report for 2001 to the Securities and Exchange Commission. The report begins with general information about the corporation which includes some background about the company as well as description of the type of industry they are. Crestline is a publicly traded management company that not only leases, but also owns
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PBL 1 GST ACT 1999 s29.40 Choosing to account on a cash basis Is the GST done on an accruals or cash basis? Cash basis GST ACT 1999 s195.1 "GST exclusive market value" , in relation to a supply or acquisition: (a) other than of a * luxury car--is 1 0 / 11 of the * GSTinclusive market value of the supply or acquisition; or (b) of a * luxury car--is 1 0 / 11 of the * GSTinclusive market value of the luxury car (excluding any * luxury car tax that
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loss. Our company on the other hand, took the wildest roller coaster ride that not only hurt us but also saved us. During this time the company laid-off many employees and stopped paying its debt for over a year just to stay afloat, including our lease payments for the building we occupy. One would think that the landlord would have thrown the company out of the building. Rather worked out an agreement with the owner of the company to allow him to get back on his feet with the terms that he would
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very different” (Bloomsbury Publishing, 2009). As it applies to accounting, convergence is the “collaborative efforts of the FASB and the International Accounting Standards Board (IASB) to both improve U.S. generally accepted accounting principles (U.S. GAAP) and International Financial Reporting Standards (IFRS) and eliminate the differences between them” (IASB-FASB Update Report to the Financial Stability Board Plenary on Accounting Convergence, 2012). While efforts towards convergence have been
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CHARTERED FINANCIAL ANALYST Texas BA II Calculator Workshop CHARTERED FINANCIAL ANALYST Setting up your BAII Calculator Workshop Setting up your calculator (BAII Plus) Decimal places &|F! Set to mathematical precedence &|"&! No. of payments per year &-K Clear time value calculations &0 Calculator Workshop Memory function The calculator can store numbers for you Example: You calculate the answer to 2 + 3.5 = 5.5 and then wish to store it Press D then K (5.5 has now
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Sources of Finance Loan from Family/Friends: Borrow money from another family member or friend, where length of loan, interest rate on loan and any other terms of the loan must be negotiated between parties. Advantages of a loan from family/friends is lower interest rates and more flexible repayment terms. Disadvantages of a loan from family/friends is lack of clarity with amount borrowed (the interest rate and the required payment terms) and also borrowing from friends and family can fracture
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.................................................................................... 6 International standards and the IASB ............................................................................................................ 6 Financial accounting and reporting in the United States ................................................................................ 6 IFRS and U.S. GAAP comparison ................................................................................................
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Chapter 12 1. Which intangible assets are amortized? Limited-Life Indefinite-Life a. Yes Yes b. Yes No c. No Yes d. No No 2. The cost of successfully defending a patent suit should be a. charged off in the current period. b. amortized over the legal life of the purchased patent. c. added to factory overhead and allocated to production of the product. d. amortized over the remaining estimated useful life of
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Academic Research Paper Presentation: This event was interesting to see the types of research topics professors from various universities were working on. I particularly enjoyed the topic of Accounting by Management Intent; The Freddie and Fannie Experience by Dr. Rashad Abdel-Khalik. His point regarding fair value presentation of assets on the balance sheet was really relevant in representing firms. I also thought that the paper on Corporate Social Responsibility Practices in the Listed Companies
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