ECON 600 Lecture 3: Profit Maximization I. The Concept of Profit Maximization Profit is defined as total revenue minus total cost. Π = TR – TC (We use Π to stand for profit because we use P for something else: price.) Total revenue simply means the total amount of money that the firm receives from sales of its product or other sources. Total cost means the cost of all factors of production. But – and this is crucial – we have to think in terms of opportunity cost‚ not just explicit
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To: Carminho Building Products Ltd From: Rodrigues Accounting Dear Sir/Madam‚ We are submitting herewith our report entitled UK Subsidiary Expansion. The main purpose of this report is to help Carminho Building Products Ltd decide the potential and suitable site for the formation of a public listed subsidiary. This report will include United Kingdom’s current financial reporting environment and other information that Carminho Building Products Ltd would need in order to make a sound decision
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Framing the User: Social Constructions of Marijuana Users and the Medical Marijuana Movement Nelson A. Pichardo Almanzar Dept. of Sociology Central Washington University Ellensburg‚ WA 98926 Pichardn@cwu.edu Thanks to Laura Appleton and Ericka Stange for comments on an earlier draft. Thanks also to Kirk Johnson for his assistance in locating criminal data sets. Framing the User: Social Constructions of Marijuana Users and the Medical Marijuana Movement ABSTRACT Social movements are continuously
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5 1.5 1.5 1.5 (b) 2009 年 9 月 30 日的銀行往來調節表 $ 己調整的現金簿銀行存款餘額 加: 未兌現支票(ii) 減: 銀行未記錄的存款 (iv) 銀行月結單的銀行存款餘額 2 $ 194‚780 100‚000 294‚780 124‚780 170‚000 1.5 1.5 1 Question1. Peter Chan is a sole proprietor engaged in the trading of electronic products. A bank statement which showed a credit balance of $170‚000 at 30 September 2009 was received. The bank balance shown on the bank statement failed to agree with the balance shown on the cash book. Upon investigation‚ the
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User-generated content Brianna Hughes Northeaster State University User generated content is on the verge in the media industry and becoming a world wide system used on the internet and in commercials. The growth of new media has increased communication between many people all over the world. People are able to speak their mind through websites‚ blogs‚ pictures‚ and other user-generated media. User-generated content is another way for people to access things at a quicker pace with fast
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AboutusDisplay). ING Vysya Bank ING Vysya Bank Ltd is a premier bank in the Indian private sector and member of the global financial giant ING. By the estimates of December 2010‚ ING ’s total assets exceeded 1247 billion euros‚ with an underlying net profit of 3893 million euros‚ employed around 105000 people‚ serve over 85 million customers‚ across 40 countries. Its mission is to become a leading‚ global‚ client-focused‚ innovative and low-cost provider of financial services through the distribution
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inggLecturer’s Guide Accounting for Non-accounting Students Sixth edition J R Dyson ISBN 0 273 68301 2 © Pearson Education Limited 2004 Lecturers adopting the main text are permitted to download the manual as required. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published in Great Britain under the Pitman Publishing imprint in 1997 Second edition published
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this course may be reproduced in any form or by any means‚ without permission in writing from the publisher. 2006 by 2 Table of Contents Preface Chapter 1 Objectives of Financial Statement Analysis and Financial Reporting Chapter 2 Accounting Assumptions‚ Principles‚ Procedures‚ and Policies Chapter 3 Understanding Financial Statements Chapter 4 An Overview of Financial Statement Analysis Chapter 5 Analysis of Liquidity and Activity Chapter 6 Analysis of Solvency and Capital Structure
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Penny stocks trading is the first step to enter stock trading By Kent Wrotham Feb 7‚ 2012 Investing in penny stocks that have the potential to greatly increase their profits is the ideal way to enter stock trading. There are multitudinous things to contemplate when investing in global penny stocks. First‚ is the cost related‚ such as broker fees or commissions. Because in penny stocks‚ you may think that the cost of the investment is in miniature. Some brokers charge you more and get a great ability
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a) Five Users of Company Financial Statements There are various internal and external users of company financial statements. Internal users include employees‚ directors and shareholders‚ while external users include the government‚ the public‚ suppliers and creditors. 1. Investors Both current and potential shareholders/investors are the providers of capital in a company. They are interested in information that will help them determine whether to invest in the company. They are comparing different
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