There is not a complete agreement on what is meant by neoclassic, and the result is a
wide range of neoclassic approaches to various problem areas and domains-ranging from
neoclassical theories of labour to neoclassic theories of demographic changes. Neoc
Inequality is the root of social evil, or Maybe Not?: Two Stories about Inequality
and Public Policy
Canadian Public Policy, Volume 42, Number 4, December / decembre 2016,
pp. 367-414 (Article)
Published by University of Toronto Press
Topic Two: Unemployment- Nature & Measurements
o What is the nature of unemployment?
o Are we measuring what we think we are measuring?
o How much should we care?
NATURE OF UNEMPLOYMENT.
The unemployment rate is used as a measure of the ov
MEMO TO PARTNER
Memo to: Partner
Subject: Share-redemption price, Gerry's Fabrics Ltd.
One could argue that since Clause A2 prohibits the setting up of an allowance for returns, no
allowance should be set up for discounts. Or, it
Certain subsidiaries of TOP were not audited, or were audited on a limited basis, owing
to the consolidated materiality level. The materiality used by JR in the course of TOPs
annual audit is most certainly not appropriate for the calcul
Foreign currency Translation
On July 1, 2012 CDN purchased inventory from its main U.S. supplier RNB Enterprises at a
cost of $1,000 U.S dollars. CDNs year end is on July 31.
Some important dates regarding this transaction, as well a
Deferred revenues includes payments that relate to long-term contracts. Only the
portion of the deferred revenue that relates to the current year should be included in
current liabilities. The current treatment understates the purchase p
Belgian Company hedge
The Group is not hedging the current debts payable by CanadaCo, since the Belgian
company that previously hedged the debts is not being acquired. The working capital
statement should therefore reflect the fact that the debts are no l
REPORT ON THE MANAGEMENT OF TOTAL PROTECTION LIMITED
We have been engaged to provide you with recommendations that will assist you in managing
Total Protection Limited (TPL or the Company) profitably on a long-term basis. The key
decisions that TPL will b
New plant costs
Clause D1 states that expenditures should be capitalized as assets unless their useful life is
limited to the current financial period. Accordingly, all costs of constructing the plant should be
capitalized. These construction costs are ne
Deferred payment on capital asset sale
Regular sales are not recognized on a cash basis for purposes of the Agreement but rather
when inventory is shipped (Clause A). The only reason for deferring recognition of the income
from the sale of assets might be
Consolidation Issues Sale of Assets related to Purchase Discrepancy
As we have seen in our coverage of intercompany asset sales, when an asset is sold to
an unrelated 3rd party, any previously unrealized gain/loss on the sale must be brought
Cash management and investment
As warranty costs are usually incurred in the future while the warranty revenue (initial fee) is
received currently, TPL will always have excess cash balances that must be invested.
Investments in low risk government/corpora
1. Human capital theory.
The essence of human capital theory is that investments are made in human resources so
as to improve their productivity and therefore their earnings. Costs are incurred in the
expectation of future benefits: hence the term
Labour Market Economics
Labour economics studies the outcome of decisions we can expect to make in
Labour market decisions that affect our everyday well being are made by three main
participants in our labour market: