IN 1947 1 Rupee = 1$ Year Exchange rate (rupees per US$)g 1913 0.08692307692 1925 0.10 1947 1 1952 5 1966 7.55 1975 10.409 1980 7.887 1985 12.369 1990 17.504 1995 32.427 2000 45.000 2006 48.336 2007 (Oct) 38.48 2008 (June) 42.51 2008 (October) 48.88 2009 (October) 46.37 2010 (January 22) 46.21 2011 (April) 44.17 2011 (September 21) 48.24 2011 (November 17) 55.3950 2012 (May 23) 56.25[9] 2012 (June 22) 57.15[10] 2013 (May 15) 54.73[11] 2013 (June 12) 58.500[12]
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of 10‚000 and an expected useful life of 10 years. At the beginning of 2008‚ Sadler concluded that the total useful life of the equipment will be 8 years rather than 10‚ and that the residual value will be zero. Sadler uses the straight-line method for depreciation. Required: (a) Make the journal entry to record depreciation on the equipment for 2007. (b) Make the journal entry to record depreciation on the equipment for 2008‚ including the effect of the changes in estimates. (c) Describe how
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Chapter 14 Depreciation Allowance (折舊免稅額) – Plant and Machinery 1. Learning Objectives 1.1 Identify assets which are plant or machinery. 1.2 Identify persons who can claim depreciation allowance. 1.3 Identify the type of expenditure that qualifies for the depreciation allowance. 1.4 Compute depreciation allowance under the pooling system. 1.5 Compute depreciation allowance under the non-pooling system. 1.6 Calculate the balancing adjustment that arises when an asset is disposed of. 1.7 Identify
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Economic aspects The so-called "Monte Carlo of the Orient‚" Macau’s economy relies heavily on gambling. Nowadays‚ the gambling industry generates over 40% of the GDP of Macau. Since the early 1960s‚ around 50% of Macau’s official revenue has been driven by gambling. The percentage remained steady until the late 1990s. In 1998‚ 44.5% of total government revenue was produced by the direct tax on gambling. Then there was a 9.1% decrease in 1999‚ probably due to internet gaming. After the handover of
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Laura Ashley Laura Ashley’s (LA) performance in the recent years leading up to 1999 was poor it was bleeding from its North America operations and was not doing well on the whole. Even after with MUI’s injection of cash‚ the company was still making a loss which resulted in banks not willing to provide additional funding. LA’s situation can be described as a sinking ship and without the additional funding and drastic measures to control the damage‚ the ship will sink. Reasons for its
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1.Executive Summary ABC Learning Centres Limited (ABC) has recently came into limelight in the childcare industry. It went into receivership on 6 Nov 2008 and Australian Government has announced to assist ABC to continue operation till end of 2008 by injecting $22 million. An analysis has been done on ABC on why the company has landed itself into receivership by analysing its annual Income Statement‚ Balance Sheet and Cash Flow Statement. Reading and analysing of news and articles in relation
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the main board of the Kuala Lumpur Stock Exchange. Nowadays‚ Top Glove has a stronger financial position with its shareholder funds of RM687 million (USD191 million) and its earnings per annum is about RM1.38 billion (USD383 million) as at 31 August 2008. The ability of Top Glove to grow substantially over the years is mainly due to its continuous effort in improving its product quality‚ capacity expansion and building a efficient management team that add values to its shareholders. Top Glove promoting
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Determinants of CORPORATE Cash HoldingS During the Recent Crisis b.sc. Thesis 2010-05-24 Lucas Kuijsters 722689 Abstract In this thesis I investigate the development of determinants of corporate cash holdings during the recent crisis. I create two categories of firms; one with financially constraint and unconstraint firms classified on their size and one with financially constraint and unconstraint firms based on the de size of their dividend payments. Unconstraint firms do not manage
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Delivering strategic value through partnership Principal Investments brings together all of HSBC’s core principal investing activities. The business has a global footprint encompassing multiple businesses and geographies. • Overview • Selected transactions • Prev • Prev • Next • Next Overview Direct Principal Investments is the global direct principal investing arm of HSBC. Our dedicated team invests in transactions including leveraged buyouts‚ expansion and
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first elaborated on by Belbin (1996) who suggested that… * It has been stated that this disease occurs most frequently in women of child bearing age (Women’s health issues‚ 2006) * Johnson and others (2008) highlighted some potential problems with user generated content * Johnson et al. (2008) highlighted some… * Smith (1998)‚ Brown (2001) and Jones (2004) all believed that… * Several independent pieces of research have been undertaken (Smith 1998; Brown 2001; Jones 2004) indicating that…
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