User Account

All Pages

What is the implied meaning of reasonable profit

Assignment Help Financial Accounting
Reference no: EM132926181

Question - Profit is a key measure of firm performance. Recently investors in the capital markets depend on firm's EPS figures to evaluate firm's profitability. In the article of "Pacioli", he suggested that profit should be pursued in honest and lawful ways. In addition, he discussed about "reasonable profit". Although he did not define it, we discussed a definition of "reasonable profit" based on firm's mission or goals. What is the implied meaning of "reasonable profit" we discussed? How is the profit associated to "business goals or mission"?

Reference no: EM132926181

Questions Cloud

Discuss the five stages of product life cycle : 1. Cultural factors means common language, religions, values and attitudes, customs, and behavioral patterns.
What should be the retained earnings balance : Assuming that instead of declaring and issuing 3,000 shares, what should be the retained earnings balance immediately after the share dividend declaration
List the three main approaches to database programming : List the three main approaches to database programming. What are the advantages and disadvantages of each approach? Illustrate with an example.
Define and discuss the data wiping process : Define and discuss the data wiping process. Discuss how a cloud-based solution provider may reduce the risk of a DDoS attack.
What is the implied meaning of reasonable profit : Recently investors in the capital markets depend on firm's EPS figures to evaluate firm's profitability. What is the implied meaning of reasonable profit
Discuss the differences between recursion and iteration : Discuss the differences between recursion and iteration, and the kinds of problems they can solve. Must be at least 150 words minimum and references
Main roles of a moderator in a focus group : Name the five (5) main roles of a moderator in a focus group
What is an algorithm : What is an algorithm and what role does an algorithm serve in programming? Give examples of various algorithms. Discuss the main search and sort algorithms.
Describe the virtual network structure : Describe the virtual network structure. What are the advantages and disadvantages of using this structure compared to performing all activities in- house

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd