of fixed assets made Naver’s asset amount higher than before with new book value of the land even though it didn’t purchase any land. This result can help Naver have better financial structure but at the same time, it will make Naver pay higher property tax because of increase in asset amount. In addition, upward revaluation overvalues the service provided by the asset in its operational use
of the contract because by that entry, Xerox does not own that equipment any more as its lease asset nor does provide any goods or services with it. However, in reality, Xerox is providing rental services each month. These manipulations had the effect of accelerating Xerox's recognition of revenue at the expense of future periods
3. What are “exposed receivables?”
Exposed receivables are
of passengers. Once unexpected situations happen like inclement weather, international events and terrorism, passenger demand will be extremely lower than before, so their business will have trouble.
There are competitors in regional airlines and there are competitive factors in this industry such as fares, capacity, customer service, route, flight schedules, models of aircraft, safety records,
of hospitality industry management we think that conducting the research on airline industry would be a great opportunity for our improvement. This is because airlines industry is a mixture of many hospitality fields such as service science(Online booking system, Aircraft technology, IT system for serving customers ), service marketing for ticket sales like hotel industry and food-service industr
Difference with Solow model
In the case of Germany, before the World War it was being reached steady state.
According to the solow model,
the more it reached steady state, the slower the capital growth is,
so it shows low economic growth rate after the World war.
However after the war, as the accumulated capital was destroyed, capital stock was out of steady state and it grew fas