Revenue means income. Allocation means to divide. Revenue allocation is defined as the division of available resources within an organisation or company. At a broader level‚ it is the process of assigning a cost to the amount of services and products generated. Government revenue is obtained from taxes‚ licenses and fees and allocated to public facilities. Because of the current revenue allocation formula in Nigeria‚ though there is a great deal of wealth in the country from the oil industry‚ 64%
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and a measure of risk or volatility. The distribution of past returns can be useful in estimating the possible future returns for investors. Required Rate of Return Estimate The required rate of return has two basic components: the risk free interest rate and a risk premium. The return earned by investors should compensate them for the risk of the investment. We must estimate future risk premiums to determine the stock’s current intrinsic value. Estimates of nominal risk free interest rates are available
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2012 Martha Nussbaum: “Not for Profit: Why Democracy Needs the Humanities” Martha C. Nussbaum is the author of the book‚ “Not For Profit: Why Democracy Needs the Humanities.” The book begins by drawing the reader’s attention by explaining the “Silent Crisis.” She describes education in the eyes of the government‚ and in the eyes of the people. There is a connection made between education and the liberal arts. The title of the book‚ “Not For Profit‚” are three simple words that when put together
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The Accounting Cycle Five Cycles of Accounting The accounting cycle consists of five components: revenue‚ expenditures‚ financing‚ conversion‚ and fixed assets (Bagranoff‚ Simkin‚ & Strand‚ 2008). There are many business activities within a company that will take place in each of these cycles. The revenue cycle incorporates sales and cash receipts. Expenditures are the decrease in cash assets to acquire goods or services necessary to operate. The conversion cycle is a continual process that
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REDEFINE THE BUYING MIX TO IMPROVE THE GROSS MARGIN OF BANGLES IN RELIANCE GEMS AND JEWELS LIMITED * Submitted by * Aswathy Nair MS * Objectives * To identify the average monthly sales of Bangles for the financial year 2010-2011. * To define ideal stock quantity on the basis of current stock quantity and stock cover. * To propose a buying mix on the basis of cost supplied by vendors. * To analyze the improvement of gross margin on the basis of revised buying mix.
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visible aspect and asks whether Bhutan’s search for an alternative approach really entails the search for a more responsible form of happiness – one that inherently involves a more compassionate mode of being in the world. Using the Four Pillars of Gross National Happiness as a framework‚ it argues that the cultivation of a deeper happiness lies in ensuring that the inter-dependent realms of culture‚ good governance‚ economy and the environment remain in sustainable balance. If Buddhist understandings
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Bandywine Homecare‚ a not-for-profit business‚ had revenues of $12 million in 2007. Expenses other than depreciation totaled 75% percent of revenues‚ and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash. What were Brandywine’s 2007 net income‚ total profit margin‚ and cash flow? Net income = 12M * (1 - 75%) - 1.5M = $1.5 million Total profit margin = $1.5M/12M = 12.5% Cash
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Statement Four Revenue recognition issues top the list of reasons for financial reporting restatements and one of the methods for creative accounting practices. Table of Contents Table of Contents 1 Introduction 3 Literature Review 4 Revenue recognition 4 Sale of goods 4 Rendering of services 5 Interest‚ royalties‚ and dividends 5 Creative Accounting 5 To meet internal targets 6 Meet external expectations. 6 Provide income smoothing. 6 Taxation 6 Change in management
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Walking Through Some Examples of Futures and Options Contracts – Speculation and Hedging As Dr. Cogley said in class the other day‚ sometimes futures contracts and options are hard to wrap your head around until you see them a few times. So I’ve written up some examples similar to those Dr. Cogley did in lecture‚ with a little more explanation about how we get the results that we do. But before we jump into that‚ we need to revisit our terms. 1. Forward contract: A buyer and a seller agree to a specific
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CHAPTER ONE Introduction 1.1 Background of the study Local authority revenue is the money collected from provision of service and donation from individual and other organization. Every local authority globally has its type of revenue that it collects depending upon the environments surrounding it and the type of service it offers to its resident or citizens. The availability control and use of finances are the core of any organization
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