Until a fully-fledged banking union with well-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing first experiences with the functioning of the banking union and opt-in countries will be crucial for non-euro...
financial statements can be manipulated—for example, when a cost is expensed instead of capitalized. If this occurs, current income will be understated while it will be inflated in future periods over which additional depreciation should have been charged. ...
Yes, you are correct. When the wordGrandmais used as a proper name it should be capitalized. “Last weekGrandmatook us out for dinner.” If you were to say, “Last weekmy grandmatook us out for dinner,” then it would not be capitalized. The same goes forDad, Mom, andGrandpa. Cass...
The general prescription should therefore be:Integrate into those stages of the industry chain where the greatest economic surplus is available, irrespective of closeness to the customer or the absolute size of the value added.Recall, though, that the consistently high-surplus stages must...
24 And they crucified Him; and they divided His garments and distributed them among themselves, throwing lots for them to decide who should take what. 25 And it was the third hour (about nine o’clock in the morning) when they crucified Him. 26 And the inscription of the accusation agains...
Yourcost of fundsshould be lower than the yield you earn on your assets (loans). Any other scenario is unprofitable and not sustainable. To achieve a positive spread, it is first necessary to have an upward sloping yield curve, on which yields run from low to high, short-term to long-...
When is an expenditure capitalized vs. expensed in accounting? When does cash get reported as a liability in accounting? When did business analytics begin? Where does debt repayment go on an income statement? A favorable balance of trade exists when a country When are meals considered a business...
Do you know when to use capital letters in titles? It seems so confusing. Some letters are capitalized and some are not. In this lesson, I focus on the extra-confusing words—the ones that are sometimes capitalized and sometimes not! Youll learn the easy
When does depreciation have to be capitalized in accounting? What instances give rise to a deferred tax asset? What rate should be used? When do you write off fixed assets in accounting? Where do discounts on bonds go on the income statement? When does a trade deficit occur? Where does de...
It has often been said that money spreads contagious diseases, nor can such a statement be questioned when one remembers that money goes into every kind of home and is handled by many infected persons. The government has long felt that something should be done to lessen this...