and having high profit.
Inventories
We use the weighted average inventory method to evaluate the estimated acquisition cost and calculate the quantity and amount according to the year-round method. However, if the property stock market price is lower than acquisition costs, the market price is alternative by the financial status table value so there is no loss on valuation of assets in stock.
Evaluation
In 2009, Moorim SP reported total sales of KRW 138 billion and net income of KRW 16.7 billion. Overall, the company’s income statement improved with sales increasing 2.79 percent and a turnover profit from net loss of KRW 7.3 billion in the previous year. One of the notable changes in Moorim SP’s balance sheet is its decrease in asset to equity ratio. From 2004 to 2009, while To
policies based on seniority adapted in other industries in Korea. Promotion is also based more on the workers’ ability rather than seniority. Meritocracy is one of the distinct HR policies in financial industry.
This compensation policy makes ‘procedural justice’ in assessment much important. The level of incentives and promotion are determined by the result of assessment to measure the p
policies of KAL. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy
I. Main accounting policies
We could find the main accounting policies of KAL by looking into its footnotes. We investigated its accounting policy for revenue recognition, allowance for doubtful debts, inventory valuation, and depreciation method.
1. Revenue Recognition
KAL
교육정책은 교육활동의 방향을 제시하고 그에 따라 학교교육의 실제를 규제하는 만큼, 교육행정에서 정책이 차지하는 비중은 대단히 크다. 그러므로 하나의 교육정책이 결정되면 이것은 교육체제 자체뿐만 아니라 주변의 환경체제에도 심대한 영향을 미칠 가능성은 아주 높다.
교육정책 결정과정은
Ⅰ. 서론
현대사회에는 다양한 가족형태가 존재하고 있다. 핵가족 이외에도 한부모가족, 독신가족, 입양가족, 무자녀가족, 다문화가족 등 다양한 형태의 가족이 오늘날 사회 속에서 공존하며 자리 잡고 있다.
특히 이 중에서 한부모가족은 여성가족부에서 제시한 현황에 의하면 1985년 84만 8천여
the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy.
Policies of three
policies which can secure the strong stockholders are often overlooked in Korea. Particularly, dividend policy need to be careful consideration due to being related in investment planning and financial structure.
Therefore, from theoretical parts on dividend, we report the factors affecting dividend policy in priority with several cases, and then discuss about problems of procedures for dividend
evaluate the company’s profitability. First, the calculation results above shows the ROA of three companies during 2009. Compared with Tuksu E&C and Keryoung, Hyundai E&C shows the highest ROA, 5.6 % among three companies. So we can conclude that the profitability of Hyundai E&C is the best and they performed well during last year 2009.
Second, we analyzed the ROA of Hyundai according to time
from affiliate 159 48 1 1 2
gross profit 2 161 219 93 53
As you can see above, loss from affiliate in 2009 increased a lot compare to 2008. It means that there is insufficient information to evaluate operating performance just by income statements. Thus investigation of cash flow statements is needed. Further analysis regarding cash flow statement will be dealt in problem D.