2. Why is it necessary to separate the irregular items in the income statement? How are extraordinary items different from some other irregular items that you occasionally see on a corporate income statement (e.g.‚ items such as restructuring costs‚ currency gain on foreign exchange transactions‚ etc.)? According to accounting standard it is necessary to present irregular items in the income statement separately. Otherwise they can make confusion to user of income statement. Extraordinary items
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CORPORATE LAWYER’S SOLUTION AMIDST SOLUDO SOLUTION(SS) ” THE SOLUTION AS PART OF THE CORPORATE LAWYER’S JOB ____________________________________________________________ _________ On or about July 6‚ 2004‚ the CBN through its Governor Charles Soludo made a regulation increasing the Minimum Paid up Capital for Nigerian Banks from 2 Billion Naira to 25 Billion Naira. This regulation now nicknamed Soludo Solution (SS) has sent panic and jitters through the Nigerian Economic polity. For the legal
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Liberty Theological Seminary 4-MAT Book Review One The Pocket Guide To Leading A Small Group by Dave Earley and Rod Dempesey A Paper Submitted to Dr. Quigly Nudge In Partial Fulfillment Of the Requirements for the Course Small Group Ministries DSMN 630 By Jo Apple Submitted on April 8‚ 2011 Abstract Moving from the theoretical to the practical can sometimes be the most daunting challenge facing a leader and facilitator of a small group
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A recent draft manuscript suggested that Facebook use might be related to lower academic achievement in college and graduate school (Karpinski‚ 2009). The report quickly became a media sensation and was picked up by hundreds of news outlets in a matter of days. However‚ the results were based on correlational data in a draft manuscript that had not been published‚ or even considered for publication. This paper attempts to replicate the results reported in the press release using three data sets:
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the national economic level; review of a national case study of how intellectual capital assessment was done in case of one nation state; suggesting implications of use of such assessment methods and needed areas of advancement; and highlighting caveats in existing assessment methods that underscore the directions for future research. With increasing emphasis on aligning national information resource planning‚ design and implementation with growth and performance needs of business or nation‚ better
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Investment Corporation (GIC) in June 2011. At the MAS‚ Mr Lee initiated reforms to liberalise the financial sector and to shift the emphasis from one-size-fits-all regulation towards a lighter supervisory touch‚ relying more on disclosure and caveat emptor. As Minister for Finance‚ he chaired the Economic Review Committee which in 2003 proposed strategies to further restructure and upgrade the economy. These included tax changes to make Singapore more competitive and a major restructuring
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Financial Management in Nonprofit Organizations - Discuss financial management in nonprofit organizations and write an essay that compares and contrasts the application of financial management techniques in nonprofit and for-profit organizations. Sources of funds‚ use of debt‚ performance evaluation (efficiency in use of contributions and meeting the organization’s objectives)‚ governance mechanisms in non-profits‚ etc. would be good topics/issues for discussion in the essay. In order for
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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argues loudly about whether the elephant is like a wall‚ a fan‚ a rope‚ a spear‚ a tree‚ or a snake. Likewise educators must be wary of taking single pieces of research to extrapolate about what is best for all students in all classrooms. With that caveat in mind‚ I will share my thoughts on brain-compatible strategies using research that I found in first five peer-reviewed articles as well as from other readings associated with this class. In an article entitled “Brain-Based Education in Action”
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Marriott Corporation Jacob Piquette Jingjin Cen Chen Huo Wenkao Wu Accurately Measuring Debt Capacity For Marriott Corporation While management was correct in some aspects of measuring debt capacity for Marriott Corporation‚ the method used to obtain the ratio of 6.64 did not include the debt from the previous repurchase‚ grossly overstating the ratio and leading to believe that Marriott Corporation had a large unsused portion of debt capacity. This is shown in Exhibit 5. After thorough analysis
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