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Financial Institutions in Profile (Cont.) – Savings and Loan Associations [S&L’s] • Traditionally acquired funds through savings deposits • Used funds to make home mortgage loans • Now perform same functions as commercial banks – issue checking accounts – make consumer and business loans – Commercial and Consumer Finance Companies • Acquire...
9 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 897 | Lượt tải: 0
Velocity: The missing Link (Cont.) – Velocity of money • M x V = GDP, where M is money supply and V represents velocity • The number of times the money supply turns over in a period of time to support spending on output • Technically, velocity is determined by dividing the cumulative increase in GDP by the initial increase in the money supply...
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(Bản scan) Ngân hàng, tín dụng - Lãi suất ngân hàng Câu 15: Công ty du lịch Ban mê dự định tổ chức một tua xuyên Việt. Công ty dự định nếu giá trị tua là 2 triệu đồng thì sẽ có khoảng 150 người tham gia. Để kích thích mọi ngòi tham gia, công ty quyết định giảm giá và cứ mỗi lần giảm tua 1000 ngàn đồng sẽ có thêm 20 người tham gia. Hỏi công ty p...
16 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 881 | Lượt tải: 0
Part I Vertical, or common size, analysis focuses on important relationships within financial statements. We usually pick a value on the financial statement and express all other values on that statement as a percent of the selected amount. Part II When preparing a common size income statement we normally let net sales equal 100 percent and expr...
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Information needed to prepare a statement of cash flows: Comparative Balance Sheets. Income Statement. Additional details concerningselected accounts.
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Current Dividend Preference: The current preferred dividends must be paid before paying any dividends to common stock. Cumulative Dividend Preference: Any unpaid dividends from previous years (dividends in arrears) must be paid before common dividends are paid.
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Part I In general, the amount reported for each liability is the result of three factors, the first factor is recording the initial amount of the liability. Part II The company records each liability at its cash equivalent, which is the amount of cash a creditor would accept to settle the liability immediately after a transaction or event creat...
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A patent is an exclusive right granted by the federalgovernment to sell or manufacture an invention. Cost is purchaseprice plus legalcost to defend Amortize costover the shorter of useful life or 20 years Licensing rights grant limited permission to use a productor service according to specific terms and conditions. You may be using comp...
21 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 694 | Lượt tải: 0
The receivables turnover ratio indicates how many times, on average, this process of selling and collecting is repeated during the period. The higher the ratio, the faster the collection of receivables. Rather than evaluate the number of times accounts receivable turn over, some people find it easier to think in terms of the number of days to coll...
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The value of inventory can fall below its recorded cost for two reasons: it’s easily replaced by identical goods at a lower cost, or it’s become outdated or damaged. When the value of inventory falls below its recorded cost, the amount recorded for inventory is written down to its lower market value. This is known as the lower of cost or mark...
18 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 727 | Lượt tải: 0
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