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What else can I help you with?
What compound words starts with write?
writedown
Writedown 956432 in the form of nearest possible hundred?
956,432 to the nearest hundreds place is 956,400.
What slow songs are romantic?
Theres too many to writedown, one huge one is wonderful tonight by eric clapton
What is a credit write down?
A reduction in the value of an asset carried on a firm's financial statements. For example, the firm's accountants, believing the inventory is overvalued, may decide to take a writedown by reducing inventory valuation. Unlike a writeoff, a writedown does not result in elimination of the asset. Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott.Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
What unit of meausre do you use to find the volume for a rectangluar prism?
The unit you use to describe the volume doesn't depend on the shape.It could be a prism, a pyramid, a football, a basketball, or a fish. You canuse any unit of volume for any shape. But it's smart to use the one thatgives you a convenient number ... not too big, not too small, easy to writedown, remember, and tell to other people. So the best unit depends onhow big the shape is, not on what kind of shape it is.
How does revaluation of inventory affects the cashflow statement?
Revaluation of inventory has no net effect on the cashflow statement as there has been no movement in cash. If the value of inventory is increased, the debit entry to inventory revaluation is negated by the credit entry to the revaluation reserve / shareholders' funds. If the value of inventory is decreased (more common), the credit entry to inventory writedown is negated by the debit entry as an expense or cost of sales item through the "statement of financial position" to retained earnings / shareholders' funds. Treatment and disclosure of course would vary depending on the materiality, timing, accounting standards applicable to the jurisdiction and legislative / regulatory requirements with which the entity is obliged to comply.
What are the pros and cons of nationalization of banks?
Pros: * You nationalize if a bank is too big to fail but in too much trouble to ever work its way back to solvency. * You nationalize because it allows rapid reorganization and writedown of debts, just as in a normal bankruptcy. * You nationalize because it's fair: it wipes out shareholders and provides taxpayers with an upside for their investment. * You nationalize because it makes the selloff of toxic assets easier since they can be hived off and held onto for a while without having to value them first. * The fundamental principle is that in a capitalist system, ownership and control of failed enterprises should reside in the hands of whoever buys up the corpse. If that's the government, then that means nationalization. Cons: * The common shareholders lose their entire investment in the stock. * Drive financial stocks to the ground and may affect other sectors. Nationalization is in favor of the taxpayers and not the shareholders. Obama promised his supporters that he will turn things around. IMO, he's all for Main Street than greedy Wall Street. I think nationalization might occur in the near future. Sell your BAC and C stock now while you can.
