the main accounting 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. Reve
separately
• Convenient stores : Café type convenient stores with café and fastfood integrated
2. Confusion of Identity due to the Complex Market Structure
1) ‘Business Identity’ has become vague due to the businesses’ diverse strategy for change which had lead to homogeneity between the businesses with no particular differences
• Exclusively choosing to co
the oldest forms of trade, means exchanging goods or services which are paid for, in whole or part, with other goods or services, rather than with money. In short, a goods-for-goods deal is counter trade. Unlike monetary trade, suppliers are required to take customer’s products fortheir use or for resale. In most cases, there are multiple deals that are separate yet related, and a contract lin
the largest and most successful air carriers in the United States. Originally founded as a crop dusting service in 1924, Delta was led for 40 years by an agricultural scientist and pilot named Collet Everman Woolman. Expansion through acquisition characterized the era that follot d. Then, in the 1990s Delta adopted an aggressive business strategy in d. r to retain market share in an gy in ingl
for each 1,000 won in assets. Return on assets measures a company’s earnings in relation to all of the resources it had at its disposal (the shareholders’ capital plus short and long-term borrowed funds). Thus, it is the most stringent and excessive test of return to shareholders. If a company has no debt, the return on assets and ROE figures will be the same. It is computed as “Net income+