economics. This principle can be easily demonstrated of example of taxation. Only those taxes are seen as economically fair which take away same proportion of individuals income: both poor and rich are affected in the same way. However, if we speak about fixed amounts taxes then certain theoretical sum can take up to 50% of income of some families, while for more wealthy individuals this sum ay amount only to 1%: as the result their life chances are affected differently. The interaction between
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also provide Mrs. Aham with additional profits, otherwise not available. Providing restaurant coupons as prizes will encourage spending among the senior age group. “Many seniors are relying on incomes that are fixed, whether it is an annuity, a pension, Social Security, or a combination of these fixed income sources” (Rasku, n.d.), which can make discounts and product coupons an attractive incentive. Because the nontraditional senior patrons depart the restaurant prior to the arrival of the fast-food
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Case Study: Cash Basis or Accrual Basis? Selina Sanchez Acc 497 February 11, 2016 Donald Autrey Case Study: Cash Basis or Accrual Basis? Use FARS to identify what standard-setters have said as to the superiority of accrual accounting relative to a cash basis. Do you agree with the justification offered for accrual accounting? Explain. The basic goals have not been completely supported in their statements. Accrual accounting and cash basis both have a reason to
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worsening performance does not justify its growth. The filming segment lost $33 m According to the financial statements in the period of 1980s. Disney’s net income had decreased since 1980 from 13.5million dollars to 9.3million in 1983, while cash dividends had been increasing during the same period. Someone may argue that the decreasing net income was due to new investment, but this does not explain their increasing cash dividend payout. Typical growth firm tend not to pay dividend if they have more
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Net income from operations $60,000 Interest income from savings account 28,000 Long-term capital gain from sale of securities 54,000 Short-term capital loss from sale of securities 44,000 The corporation's passive investment income for 2013 is: a. $28,000. b. $38,000. c. $82,000. d. $142,000. e. None of the above. 2. During 2013, Emerald Corporation incurs the following transactions. Net income from operations
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Shari'ah Screening The awareness and demand for Shari'ah compliant investments are increasing rapidly. A detailed screening process is applicable to ensure that Investments complies with Shari’ah rules and principles. Screening The 5 key dimensions of a complete process of the Shari'ah screening method are: 1) Exclusion of companies engaged in prohibited business activities. 2) Exclusion of companies exhibiting prohibited financial ratios. 3) Exclusion of companies with insufficient
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LIVING BY NUMBERS Question 1 Determine the economic earnings of MarineCorp Sdn. Bhd., Green Port Sdn. Bhd and Sungai Emas Port Sdn. Bhd. | Economic Earnings | MarineCorp Sdn Bhd | RM 14,274,611 | Green Port Sdn Bhd | RM (14,588,232) | Sungai Emas Port Sdn Bhd | RM 5,030,563 | Green Port will have negative economic earnings and the other two will have positive economic earnings. Positive Earnings = provides higher return than the cost of capital Negative Earnings = the value of the
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ANNEXURE-III V.A.O Examination (S.S.L.C. Standard) General Studies Topics for Objective type UNIT-I GENERAL SCIENCE : Physics: Nature of Universe-General Scientific laws-Inventions and discoveries-National scientific laboratories-Mechanics and properties of matter-Physical quantities, standards and units-Force, motion and energyMagnetism, electricity and electronics -Heat, light and sound Chemistry-Elements and Compounds-Acids, bases and salts-Fertilizers, pesticides, insecticides Botany-Main
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assets to generate earnings. The return of assets is calculated by dividing the net income of the company in one year by the total assets of that same year. Expressed in percentage net incometotal assets · Return of equity (ROE): this ratio, measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested. ROE is calculated by dividing the net income over the total equity on the company. Expressed in percentage. net incometotal equity
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next year. 2. Retainer fee none of the $10,000 should be counted as revenue in 2006. In accordance with the Basic Recognition Criteria, the revenue cannot be booked unless the entity has substantially performed what is required in order to earn income. Furnishing legal advice upon request is the law firm’s required service to be provided in this case. Since they did not perform any consultant service, the law firm cannot book the revenue for year 2006. Another appropriate way is applying the franchises
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