To establish a forest pest and disease database
Two. To provide training in forest health monitoring,
damage assessment, pest risk analysis, collection,
preservation, identification and Curation.
3. To establish and equip a network of experimental observations
FSIV center based on additional regional centers
Department of Crop Protection.
Winning Business and its interactive CD-ROM can help business managers, investors, small business owners, and students better understand, monitor, and improve company performance. Successful business people use indicators to monitor conditions such as return on assets, liquidity, profitability, and growth. This book helps you determine these critical performance indicators and supplies you with benchmarks to see how your company stacks up against the competition.
Private investors may need to isolate their cash flows to debt , usually only a single mortgage, from the cash flows to equity, usually their savings. Private investors may need this information to record any shortfall between rent received and loan interest, for personal income tax measurement.
The two projects have the same economic impact, in terms of
generating income for factors of production and inducing additional
expenditures, but the hospital has a higher net present value than the
hole in the ground.
There is need to realize the fact that the present state of the world
and especially the present state ofmonetary affairs are the necessary
consequences of the application of the doctrines that have got hold of
the minds ofour contemporaries. The great inflations ofour age are
not acts ofGod. They are man-made or, to say it bluntly, govern-
ment-made. They are the off-shoots of doctrines that ascribe to
governments the magic power ofcreating wealth out ofnothing and
ofmaking people happy by raising the 'national income'....
Chapter 1 - Financial statement analysis: An introduction. This chapter describe the roles of financial reporting and financial statement analysis; describe the roles of the key financial statements (statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows) in evaluating a company’s performance and financial position; describe the importance of financial statement notes and supplementary information—including disclosures of accounting policies, methods and estimates—and management’s commentary;…
Chapter 4 - Understanding income statements. This chapter describe the components of the income statement and alternative presentation formats of that statement; describe general principles of revenue recognition and accrual accounting, specific revenue recognition applications (including accounting for long-term contracts, installment sales, barter transactions, gross and net reporting of revenue), and implications of revenue recognition principles for financial analysis;...
This chapter evaluate a company’s past financial performance and explain how a company’s strategy is reflected in past financial performance, forecast a company’s future net income and cash flow, describe the role of financial statement analysis in assessing the credit quality of a potential debt investment, describe the use of financial statement analysis in screening for potential equity investments, explain appropriate analyst adjustments to a company’s financial statements to facilitate comparison with another company.
Chapter 13 - Income taxes. This chapter describe the differences between accounting profit and taxable income, and define key terms, including deferred tax assets, deferred tax liabilities, valuation allowance, taxes payable, and income tax expense; explain how deferred tax liabilities and assets are created and the factors that determine how a company’s deferred tax liabilities and assets should be treated for the purposes of financial analysis; calculate the tax base of a company’s assets and liabilities;…
We ignored income taxes in this chapter for two reasons. First, many organizations do not pay income taxes. Not-for-profit organizations, such as hospitals and charitable foundations, and governmental agencies are exempt from income taxes. Second, capital budgeting is complex and is best absorbed in small doses. Now that we have a solid foundation in the concepts of present value and discounting, we can explore the effects of income taxes on capital budgeting decisions
Chapter 13 - Financial analysis. After you have mastered the material in this chapter, you will be able to: Describe factors associated with communicating useful information, differentiate between horizontal and vertical analysis, explain ratio analysis, calculate ratios for assessing a company's liquidity,...
In this chapter, the learning objectives are: Cash-basis versus accrual income measurement, revenue recognition under accrual accounting, the matching principle and recognizing expenses under accrual accounting, the difference between product and period costs, income statement format and classification, distinctions of special items on the income statement,...
After completing chapter 3, students will be able to: When is it appropriate to recognize revenue before or after the point of sale? Revenue recognition details for long-term construction contracts, agricultural commodities, and installment sales; revenue principles for franchise sales, right of return, and “bundled” software sales; how the flexibility in GAAP for income determination invites managers to manipulate or manage earnings;...
Chapter 13 - Income tax reporting. After studying this chapter you will be able to understand: The different objectives underlying income determination for financial reporting (book) purposes versus tax purposes; the distinction between temporary (timing) and permanent differences, the items that cause these differences, and how each affects book income versus taxable income; the distortions created when the deferred tax effects of temporary differences are ignored;...
Chapter 17 - Statement of cash flows. After studying this chapter you will be able to understand: The major sources and uses of cash-operating, investing, and financing; why accrual net income and operating cash flows differ, and the factors that explain this difference; the difference between the direct and indirect methods of determining cash flow from operations;...
Chapter 6 - Analyzing operating activities. This chapter extends our analysis to operating activities. We analyze accrual measures of both revenues and expenses in determining net income. Understanding recognition methods for both revenues and expenses is emphasized. We also interpret the income statement and its components for financial analysis.
Chapter 9 - Prospective analysis. We study forecasting and pro forma analysis of financial statements in this chapter. We provide a detailed example of the forecasting process to project the income statement, the balance sheet, and the statement of cash flows. We describe the relevance of forecasting for security valuation and provide an example using forecasted financial statements to implement a valuation model. We discuss the concept of value drivers and their reversion to long-run equilibrium levels.
The Basic Financial Statements
Explain the purpose and understand the format of the firm’s three basic financial statements: the income statement, the balance sheet, and the statement of cash flows. Construct each of these statements in Excel with data for any company.
Financial Statement Analysis Tools
Describe what financial ratios are and who uses them. Define the five major categories of ratios (liquidity, efficiency, leverage, coverage, and profitability). Calculate the common ratios for any firm by using income statement and balance sheet