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Discussion Question
This week focuses on two other topics: FIFO vs LIFO and Goodwill: US GAAP/IFRS
Your comments should include how these accounting issues affect the financial statements:
which financial statements? How? What are the resulting differences?
Critical Thinking
What is most important? What is the greatest impediments?
What does it mean to be a professional skeptics?
Use the supply and demand analysis to show how the limit on the amount of reimbursement is not the only effective way to decrease expenditures for health care if health care providers succeed in increasing the demand.
A worker in Equador can earn $3 per day making cotton cloth on a hand loom. A worker in the United States can earn $70 per day making cotton cloth with a mechanical loom. What accounts for the difference in wages? Any point on a country's productio..
What is Jung's opportunity cost of producing two additional pounds of crackers? Who has the comparative advantage in the production of crackers? Explain your answer. Who has the comparative advantage in producing cheese? Explain your answer
For each of the following statements, identify the type of market it describes. Use an example from the readings or the internet for each characteristic and explain your choice.
1. suppose that a nations production possibilities are as follows possibilitiesfood millions of tons per yeartractors
The following quotation is from Bloomberg .Com and is in turn based on extracts from a paper by Michael Spence: As you can see by the brief bio I have attached he's no "lefty." Is the approach to budget deficits briefly outlined here more "Keynes..
Proponents of trade liberalization which freer trade might actually improve the quality of the environment.
In other words, if the tax was imposed in 1988 versus 2008 which tax would have the same impact - the percentage tax or the flat tax? Why is this true?
Suppose that Lady Gaga goes to Las Vegas to play poker and at the last minute her record company says it will reimburse her for 35 percent of any gambling losses that she incurs. Will Lady Gaga wager more or less as a result of the reimbursement of..
Despite the tremendous economic strides made during our current era of globalization, our world is split largely between those who have benefited greatly from globalization and those who have not (many of whom have actually been hurt by it).
In a town of 560 people, there are 124 children under the working-age, 63 people 65 years and older, 188 people who work for the local shoe manufacturer, 45 self-employed people, 29 people who work in the informal sector and 21 full-time homemakers.
This year the owner, who had invested $1 million in the club, decided to close the club. what can you say about economic profit and the rate of return in the nightclub business.
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