Chapter2 Case 2--3b (1) The tonnage-of-production method helps Canada steels has a good matching of depreciation expense against revenue. Unit-of-production method makes depreciation a variable. A switch to straight-line cannot eliminate the deferred tax liability because accelerated methods make a difference. In addition‚ Canada Steel should not attempt to pay the liability because it is a loan‚ which is interest free. (2) LIFO can reduce taxes and increase cash flow. Inflation declines in
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the Fast Moving Consumer Goods in Rural Market: An Analysis Dr. Surinder Singh Kundu Assistant Prof. & Incharge‚ Department Of Commerce‚ Chaudhary Devi Lal University‚ Sirsa Abstract A consumer sets a frame of references in his/her mind to choose or purchase a product or service of same or different brands or producers. Keeping in view the frame of references the present paper is an attempt to study the factors affecting the purchase decision of consumers towards purchase of the Fast Moving
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EXECUTIVE SUMMARY For over 70 years‚ US taxpayers have been able to value the cost of their inventories using the last-in‚ frst-out inventory method of accounting (LIFO). In general‚ to use LIFO for federal income tax purposes‚ taxpayers must also use LIFO for fnancial reporting purposes (herein referred to as the LIFO conformity requirement). The use of LIFO for fnancial reporting purposes is not permitted under International Financial Reporting Standards as promulgated by the International Accounting
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Student Name: ZHANG QIWEI Student ID Number: B414498 Arguments for and against LFO abolition in the US What are the arguments in favour of retaining LIFO? The arguments are being made on a number of different grounds so be clear to separate these out. What are the arguments in favour of the US abolishing LIFO? Should decisions on matters such as this be made on the basis of what is the most appropriate from an accounting perspective (i.e. principles) or from the perspective of the impact of
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Rising Gasoline Prices Over the past four years‚ Americans have been battling with high gas prices. The price of gas affects everyone’s lives. High gasoline prices hurt many people’s budgets. The prices at the gas pumps are not our only concerns. If gas prices go up then the cost of consumer products will go up. Many people need gas to drive to work. Gas prices continue to increase‚ making people in the United States feel the affects. Gas should be made affordable so it does not negatively interrupt
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conducted valid research and all agree that the high price and ever-rising cost of textbooks in the state of New Mexico has become an issue. Luis Argon Castro‚ Catherine Ponce‚ Mathew Hagman‚ Saul Velez‚ and Hannes Harmon have conducted thorough research to bring this problem to the forefront of issues in New Mexico. We wish to open the public’s eyes to the knowledge and information produced by us on this matter. It feels as if commercial companies‚ publishers‚ and authors are taking advantage of students
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contribute to rising gasoline prices. The major cause for increasing gasoline prices has to do with refining capacity. Even if oil were inexpensive‚ we would still have a problem converting it into the gas that fuels our economy. That is what keeps the gas prices high. When gas supplies are short‚ due to an “inability to refine crude oil into gas efficiently‚” prices increase. This is a component of supply and demand economics. In a positive aspect‚ rising gasoline prices do serve a purpose;
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focus of FMCG sector ( market ). The Fast Moving Consumer Goods (FMCG) sector is a corner stone of the Indian economy. This sector touches every aspect of human life. This sector is excited about the rural population whose incomes are rising and the lifestyles are changing. There are as many middle income households in the rural areas as there are in the urban. Thus the rural marketing has been growing steadily over the years and is now bigger than the urban market for FMCGs. Globally‚ the FMCG sector
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advantages of FMCG companies. Discuss if these competitive advantages are sustainable and suggest how these companies should further develop their competitive advantages in future. The case study talks about how fast moving consumer goods (FMCG) achieve competitive advantages in marketing. A company is said to have a competitive advantage if the company has greater profitability comparing to the average profitability of his rivals and have better profit growth than other companies in the same industry
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Rising food prices Introduction: Food prices have been on the rise and have become a global issue. Prices have soared over the past year and a half and threaten to go up further if issues are not addressed immediately. Below is a look at how prices have been over the past year. Figure 1. FAO Food Price Index: February 2007 - January 2008 Source FAO‚ 2008 In this project‚ we attempt to find out the causes for this price rise‚ the trends of the rise and the effects that this rise has had on us. Causes:
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