FiscalBalance
Economic insecurity and resulting social unrest occasioned by ever-expanding populations of involuntarily unemployed dominated social thinking in developed countries during much of the 20th century. As the average lifetime is getting higher, the percentage of World`s population aged 65 and over is going up.
Figure4. Percentage of World’s Population Aged 65 and over (*Pro
balance는 전년도와 비슷한 수준으로 유지되었다.
2. Fiscal 2002 Compared to Fiscal 2001
2002 회계 연도의 중요 변화 사항들
1. 세입이 4.3% 증가
2. 회계 변경의 누적효과 전 Income이 13.3% 증가
3. 회계 변경 전 희석 순이익 13.9% 증가
4. 전년도 대비 매출 총이익률 0.3% 증가
5. 매출액 대비 판관비가 28.5%로 증가
THE "SUPREMACY CLAUSE" 연방법률 우위의 원칙
문서이자, 미국의 법, 그리고 권위 아래의 조약들인 주 헌법의 6조는 "지상 최고의 법"일 것이다. 국가의 모든 공무원들은 헌법에 지지할 것을 맹세해야 한다. 주는 국가의 권력을 무효화하기 위하여 그들의 권력을 사용할 수 없다.
THE ORIGINAL SCOPE OF FEDERALISM 연
2) Facilities
- Marriott international
Marriott International is a leader and strong competitor in a variety of industries, including hotels and motels, food service, facilities management, retirement communities, and vacation interval ownership or time-shares. The Marriott family, the company's founders, owned a 21-percent interest in the company in the mid-1990s.
Marriott's primary enterpris
Reason : we need to maximize its profit. So nations need generally
accepted standard to trade smoothly between nations.
Balance of payment is overall money flows into and out of a country.
1. Positive balance of payment is called balance of payment surplus,
means more money has moved into a country than out of it.
2. Negative balance of payment is called
This is a Model that is attached to differentiated principle
and competitions between Central and Local Governments
(1) Administrative Decentralization System
: Financial decentralization Role Sharing system is not distinct
(2) Cooperative Decentralization System
: This is a system emphasizing the Importance of Financial
☺ The most critical financial component of working capital
☺ The franchisee should seek to minimize the risk of running out of cash
☺ The franchised business must ensure that bills due (accounts receivable) are collected in a timely manner
☺ The franchise owner may develop policies and practices
☺ Another way to significantly reduce working capital requ
of 37.4 percent. Company’s stock price had jumped from $30 in Dec 2000 to $152.5 as of Dec 1,2005, and was set for a 2–for-1 stock split in Jan 2006.
The Company had been profitable every year since 1991.
At Fiscal Year 2005, We also found the Total assets increases from $1,521,006 to $1,889,296, 24.2%, and Total shareholders’ equity also increase 43.8% from $949,638 to $1,365,676.
Roh Moo Hyun period’s government
Increase in welfare and tried to distribute wealth
Pursued the welfare government based on Keynesian policy
Aimed at rational reform govt, integrated-nation govt, openness govt, and hopeful government
3 main state affairs’ goal: realization of democracy, construction of balanced society, and construction of North East Asian society with peace and prosp
D. Does the cash flows statement add any further information to that provided by the income statement or the balance sheet? Explain.
The statement of cash flows is needed to form a complete picture of the financial position of a company. It shows all the cash collected and all the cash disbursed during the period. And each cash flow relates to one of three business activities: operating, in