over the past three years but is still at a healthy level. Also, the degree of operating leverage is 2.1 and degree of total leverage is 2.5 and both have improved over the last couple of years. This means that if sales decrease by 35% then operating income will decrease by 70% and earnings after taxes will decrease by 87.5%. Analysis of the issues and the related alternatives Alternative 1: Divesting the Fraser dry dock Pros: a) Allows Coast4Life to focus on its core business b) Decreases
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Finance Yangrui liu 01/13/2015 15. | | | | | | |2013 |2014 | | | | | |Assets | | | | |Current assets | | | | | | |Cash | | | |$21,396 |$24,385 | | |Accounts receivable | |51,552 |58,318
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From Sheet of Accounting Theory Difficulties in Segment Reporting * Base of Segmentation: in case of complex business, it’s difficult to select a base for organization as well as difficult to compare. * Allocation of Common Costs: Common costs are likely to be allocated, bringing segment information into question * Pricing Inter-segment Transaction: No specific method for inter-segment pricing, different method use for cost, cost plus market price and negotiable price. * Costs of
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Doing Business 2015 India Economy Profile 2015 India Doing Business 2015 India © 2014 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org All rights reserved. 1 2 3 4 17 16 15 14 This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the
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Berkshire Toy Company case questions 1) Using the variance analysis framework developed in class, perform a revenue variance analysis for (i) retail & catalog revenues, and (ii) wholesale revenues. For each analysis, report all five variances (total, activity, mix, price, and revenue), and label each one as either favorable (F) or unfavorable (U). (No label is needed if variance is $0.) Budgeted Sale Mix: Retail & Catalog = 238,000/280,000 = 85% ($49.00) Wholesale = 42,000/280,000
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One Month | For One Year | Sales Matrix: | 1,0005 x 20 =100 10 x20 =20015 x 20 =30020 x 20 =400 = 1,000 | 20,000 | Sales Growth Rate | 5 % | 5 % | Net Income | 2,000 | 24,000 | Net Income Growth Rate | 5 % | 5 % | Return on Equity | 20 % | 20 % | IV. Nature of Project Project Description Katy Berry Ice Scramble was formed on October 22, 2015
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INCOME AND GENDER INEQUALITY IN TODAYS WORLD In President Obama 2012 State of the Union, he called it "the defining issue of our time." (CNN). Income inequality is the extent to which there is a distribution of revenue unevenly among the population. Unfortunate this creates a gap between the rich and everyone. It also gives the idea whether income distribution is fair or unfair. Income inequality is growing in the market day by day, and it is calculated based on the population present in the economy
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article “Income Inequality: Too Big to Ignore” Robert H. Frank provides several explanations for the rising income inequality in the United States by looking at the 100 most populous counties in the country. He begins by analyzing the three decades that followed WWII and points out that they were decades in which incomes across the board rose both equally and rapidly. He then follows this discussion by looking at the last three decades (1980-present) and points out that in this period the income share
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DEVELOPMENT CENTRE Policy Insights No. 96 May 2012 The Middle-Income Trap: Comparing Asian and Latin American Experiences by Anna Jankowska, Arne J. Nagengast and José Ramón Perea ♦♦ Chinese Taipei; Hong Kong, China; Korea and Singapore (the East Asian Newly Industrialised Countries or NICs) have been successful in attaining income convergence with high-income countries while Latin American countries remain caught in the Middle-Income Trap. ♦♦ The East Asian NICs pursued export-led growth by targeting
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Does Mandatory Adoption of IFRS Improve Accounting Quality? Preliminary Evidence* ANWER S. AHMED, Texas A&M University MICHAEL NEEL, University of Houston DECHUN WANG, Texas A&M University 1. Introduction We provide evidence on the preliminary effects of mandatory adoption of International Financial Reporting Standards (IFRS) on accounting quality for a relatively broad set of firms from 20 countries that adopted IFRS in 2005 relative to a benchmark group of firms from countries that did not
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