Profit smoothing is a creative accounting method used to 'smooth' profit from one period to the next. It is used to maintain shareholders' profit expectations as profit from one period to the next can change significantly.For example, a mining company may earn profit of $1billion in one period and forecast profit for the next period indicate $1million. If the company were to announce profit of $1billion, shareholder expectation would be similar in the next period. Smoothing this profit to recognise $500million in the first period and $500million in the next period would promote investor confidence and presumably maintain a more consistence market price.
No its illegal only if you sell for a profit!
No, it is not illegal to purchase items and then resale them for a profit. This is how businesses make their money.
smoothing is making smooth.
Slavery is illegal so the profit would be zero.
It would only be illegal if the hacks were being sold for profit, which they aren't. So no, they aren't illegal. Enjoy your hacks.
a tool for smoothing or rubbing
tool use for smoothing curve surfaces
As long as it is not for public display or used in any way for profit, no, it is not illegal.
In most places it is considered gambling and is illegal. Not for profit organizations can obtain permits from the state to run a lottery.
Yes, you can apply oil to your hear after smoothing it. Since oil isn't doesn't have any water, you will not undo your smoothing process.
A Smoothing Capacitor is a capacitor which helps to smooth out fluctuations that may exist on a power supply line.