The Matching Principle: Insights into Earning’s Usefulness to Investors.$ Harm Sch¨tt u Haas School of Business University of California at Berkeley Abstract This paper argues that matching expenses to revenues increases earnings’ usefulness to investors by providing an accounting rate of return (ARR) closer to current economic profitability. To test this‚ I estimate a proxy for a firm’s internal rate of return (IRR) in order to approximate the distortion between ARR and IRR. Results show that
Premium Depreciation Net present value Generally Accepted Accounting Principles
FINC 5001 Capital Markets and Corporate Finance Tutorial Questions and Solutions Topic 1 – Preliminary concepts Discussion Question 2 The text refers to three types of financial decision – the investment decision‚ the financing decision and the dividend decision. Describe each in detail‚ and explain how these decisions relate to the corporate objective. Categorise each of the following decisions in terms of whether it is an investment‚ financing or dividend decision and explain why it is in that
Premium Investment Finance Rate of return
Chapter 1: 21st-Century Supply Chains Study Questions 1. Compare the concept of a modern supply chain with more traditional distribution channels. Be specific regarding similarities and differences. Back then‚ the traditional distribution channels typically had an order time of 15-30 days. If something went wrong‚ it would unfortunately increase delivery time. The main goal of the traditional model was to ensure availability of products. 2. What specific role does logistics play in supply
Premium Supply chain management Supply chain Service provider
Chapter 2 Early Civilizations in Mesopotamia Cumulative effects of agriculture + wave of technological changes around 4000 B.C.E. = generated civilizations as a new organizational form The process of agricultural economies = civilizations began in the Middle East. The Sumerians Sumer 1st river valley civilizations Major floods occurred Northeastern section along the Tigris and Euphrates Rivers that lead to the Persian Gulf Rainfall is scant Generated large food surpluses = population
Premium Sumer Mesopotamia Ancient Egypt
Research Paper Outline How do animals endangered because of deforestation affect the Wayuu people? I. Introduction paragraph- Explain the topic and research question A. Background information 1. General overview of deforestation; statistics 2. Wayuu people intro B. Thesis statement II. Body paragraph #1- Explain deforestation A. Deforestation 1. Where? a. Statistics b. South American deforestation c. Venezuelan deforestation 2. Why? a. Coal mining b. Cattle ranching c. Government
Premium Biodiversity Extinction Deforestation
I. Cyber Bullying a. Use of computers‚ cell phones‚ social networking cites and other technology to threaten or humiliate others. b. Putting many young people at risk and sometimes even with deadly consequences c. Megan Meier’s suicide at age 13 II. Problem d. Internet availability is easy becoming so much easier e. Self-esteem is hurt and social skills begin to dwindle f. People may find it easier to say hurtful things online because there is little
Premium Bullying Abuse Sociology
Technology 1. Psychological 2. Physical 3. Attitude towards Studies D. Parents’ Role E. Interview III. CONCLUSION Bibliography Writing an Outline An outline is a “blueprint” or “plan” for your paper. It helps you to organize your thoughts and arguments. A good outline can make conducting research and then writing the paper very efficient. Your outline page must include your: Paper Title Thesis statement Major points/arguments indicated by Roman numerals (i.e.‚ I‚ II‚ III‚ IV‚ V‚ etc
Premium Separation of powers Federalist Papers United States Constitution
1. What is an OUTLINE? An outline is an organizational tool used by writers to gather thoughts so that they can be clearly laid out in an essay or book. Many writers feel that creating an outline is the key to effective writing‚ and it certainly makes the writing process more efficient and focused. By creating an outline for a piece of writing‚ the author ensures that all the pieces of the puzzle are presented in a logical‚ clear order‚ and that they flow well‚ drawing the reader to a logical conclusion
Premium Research Writing Roman numerals
Sentence Outlines A sentence outline is developed in the same way as a topic outline‚ but the ideas are more fully stated. Each heading is expressed as a complete sentence‚ usually‚ but not always‚ consisting of just one main clause: Thesis: Though many students from middle-income families must struggle to meet college costs‚ low-income students suffer even
Premium Education Writing School
Outlining: Easy or Troublesome Process An outline is like a blue print for an essay. It is a person’s guide for a perfect essay. Though outlining seems to be a cumbersome task‚ young writers could succeed in doing it by following some basic guidelines. Preparing an outline has been considered as a troublesome process for so many writers and students of my age. During outlining‚ a person faces many hindrances such as inability to group ideas. In addition inability to decide on main
Premium Writing