1. 은행합병과 국내금융기관의 구조조정
1.1 은행 합병의 동기와 외국사례
1990년대 이후 세계 메이저 은행들은 합병을 통해 세계상위권의 초대형 은행으로 도약하며 겸업화와 국제화를 추구하고 있다. 이러한 세계적인 은행 합병의 추세는 각 사례별로 다양한 동기를 가지고 있으나 다음 네 가지 사
2. By recognizing rentals as equipment sales in the current period, does this increase or decrease Xerox’s sales revenue in the future period?
Since such creative accounting is basically moving up future revenue boost current revenue, Xerox’s revenue in future periods is expected to decrease. If dealt properly, Xerox would have recorded revenue by $10 each month However, if Xerox records it
2. By recognizing rentals as equipment sales in the current period, does this increase or decrease Xerox’s sales revenue in the future period?
Since such creative accounting is basically moving up future revenue boost current revenue, Xerox’s revenue in future periods is expected to decrease. If dealt properly, Xerox would have recorded revenue by $10 each month However, if Xerox records it
Ⅰ. 서 론
선물시장에서의 뛰어난 시장 감각으로 인해 막대한 돈을 번 이야기들을 많이 하곤 한다. 그런데 시장 감각이란 것은 태어날 때부터 타고 나는 어떤 초능력과 같은 것은 아니다. 미국 증권가에서 현재 인정받는 대부분의 전문가들도 초기에는 많은 손실을 입으면서 시장 감각을 터득했다는 사
The 18% discount rate would give an approximation to the correct NPVs for projects with all (or most) of the inflows in the first year.
The present value of $1 to be received one year from now, discounted at 18% is: $0.8475
The present value of $1 × (1 – 0.08) (that is, $0.92) to be received one year from now, discounted at 10% is: $0.8364
The former calculation overstates the correct a