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12y ago

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What is profit smoothing and how is it done?

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.


Backup Xbox games illegal?

No its illegal only if you sell for a profit!


Is it illegal to purchase products from a store and sell them for profit from your home?

No, it is not illegal to purchase items and then resale them for a profit. This is how businesses make their money.


What is the approximate yearly profit for slave holders today?

Slavery is illegal so the profit would be zero.


Is whack a hack illegal?

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.


What is smoothing an object?

smoothing is making smooth.


Is printing a downloaded image for personal use legal or illegal?

As long as it is not for public display or used in any way for profit, no, it is not illegal.


Can a individual run a lottery for profit?

In most places it is considered gambling and is illegal. Not for profit organizations can obtain permits from the state to run a lottery.


A tool used for smoothing or rubbing?

a tool for smoothing or rubbing


Is it illegal to exchange currency for profit?

It is not illegal to exchange currency for profit, as long as it is done through legal and regulated channels, such as banks or licensed currency exchange services. However, engaging in illegal currency exchange activities, such as money laundering or operating without proper licenses, is against the law.


Does one sell blood for profit or donation"?

Blood can be donated for free to help others in need, but it is illegal to sell blood for profit in most places.


Which tool is use for smoothing surface?

tool use for smoothing curve surfaces