Recently, In April 10 2011, the prime minister of Republic of China, Wen Jiabao, announced that china will continuously implement the tightening measures against inflation and the real estate market which had begun since the April 2010. In respond, China's central bank said it would raise the amount of money that lenders must keep in reserve as official concerns persist over inflation and rising
Ⅰ. Executive Summary
Do you know how many kinds of pizza store in Korea? According to the recent research, the
number of pizza stores that have chain store are over 50. To live among many stores, owners
make a effort to advertise their pizza to consumer. Because their effort, some pizza stores are very
famous and familiar to consumer. However, as owners don't invest their money in
disparate business strategies. In regards to operating economics of Inditex, its performance in operating efficiency was significant as measured by operating expense ratio (total operating expense/gross profit). Its operating expense ratio of 58.2% was significantly lower than that of Gap 91.8%, H&M 73.3% and 6806% in Benetton.
Although H&M position itself close to Zara in a product market posit
E. Check the main accounting policies of NHN. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy. More specifically, is it too aggressive, too conservative or reasonable in terms of the effects on the related accounting information, such as net income, ending balance of account receivable, etc.?
(1) revaluation of fixed assets
[as of 30.9.2009]
The reason of increasing in processed food.
As household’s income increases, the relative price of time rises.
The relative price of time rises and households choose purchasing more processed food for saving time.
Increasing of income invokes increasing of processed food.