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.
2010) (20th)
-Labor force : 38.43 million (2009 est.)
-Unemployment rate : 1.5% (2009 est.)
-Population below poverty line : 9.6% (2006 est.)
-Inflation rate (consumer prices) : 0.9% (2009)
√ Quantity of distribution more increases.
√ No tax – make more chance with other
country
√ Attracting more traveler means increase
of foreign currency
tax laws and funding offers for business ventures has seen consistently ranked Singapore as one of the best places to do business in the world.
It is also ranked as one of the most competitive nations and has several initiatives supportive of business start-ups.
Anyone can incorporate a company in Singapore. If you're a foreign entrepreneur, all you need is to obtain an Employment Pass or Ent
tax because of increase in asset amount. In addition, upward revaluation overvalues the service provided by the asset in its operational use and maintain profitability so that the company might rely on higher land values instead of actively doing operational activities for increasing profits. Also, it creates unearned return. In other aspects, however, revaluation of fixed asset can be helpful if
information to that provided by the income statement or the balance sheet?
General characteristics of CFS : Complementing the balance sheet and income statement, the Cash Flow Statements allow investors to understand how a company's operations are running, where its money is coming from, and how it is being spent.
Due to the accrual accounting, the income statements released each quarter ma