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1B Description
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1B Description |
topic started 3/6/2002; 2:22:34 PM last post 4/27/2002; 11:46:56 PM |
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cleo_yen@h... - Re: Accounting 1B 
4/19/2002; 7:12:45 PM (reads: 28024, responses:
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| This article brought up a very important issue about the reliability of the values of corporation’s fixed assets- tangible and intangible. This is especially widely exists among high tech industries, whose products have short life spans and technologies (intangible) phases out rapidly. Today’s valuable patents or R&D results might be worthless tomorrow. With today’s corporations likely hold more intangible assets than before, the investors and creditors tend to involve more risks and less protections thanks to hard-to-realized and unstable fixed assets values (usually account for large portions of assets, resources.) I am conservative type of investor; I don't invest in companies that are too creative and immature.
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Hjingjinghuang@a... - Re: Accounting 1B 
4/20/2002; 6:51:47 PM (reads: 25366, responses:
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| Hi Mr.Kwak, How are you doing. this is my first response, and will tell you a little bit about myself. My name is Jing Huang. i was born in China and came to United States when i was 20 years old. when first arrived in USA, i stayed in San Francisco and lived with my aunt. i am the only child of the family. Currently, i am taking GE classes and Accounting. i am a full time student for studying at De Anza College this quarter and also have part time Demo job now. The one of my future plan which is done my AA degree program from here. And of course my major is Accounting and this is my first class with you, i am very exciting and a bit nervous about it. but anyways i am hoping i can learn a lot of important things from you during this class.
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Hjingjinghuang@a... - Re: Accounting 1B 
4/20/2002; 7:59:17 PM (reads: 27905, responses:
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| After i read the Wall Street Journal Artice, Both tangible and intangible asset are very important for a successfuly company. We are in new economy and market place with information technology age and competition. Definitely, i agree intangible is playing for big part of the generate the revenue. Such as research and development, software purchase and advertising rose from 4% of gross domestic products in 1978 to almost 10% in 2000, But if without capital tangible asset and good management to support the pace of innovation. the company can not growrh. If the company is not growing anymore, then it will be die and knockout very soon.
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mrhungla@h... - Re: Accounting 1B 
4/21/2002; 9:50:06 PM (reads: 27962, responses:
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| I just wanted to say that dealing tangible assets in a business can be very dangerous sometime. just as Mr, skilling, president of Enron corp, point out that " we like assets, so we can go in the field and kick it" where as we can trade them, sell them, and thereby, it is still the assets we own? he also point out that we are in the new economy and the market are willing to pay for the market position and not the assets. so in my own point of view, can this be one of the factor that lead to business backruptcy? if you were to trade your asset and sell your assets to boast up your company position and representation becaue you want to boost up your stock and yet not worrying about what is actually in your wear house. and at the end, it will collaps.
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camelia95014@y... - Re: Accounting 1B 
4/27/2002; 11:46:56 PM (reads: 32209, responses:
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| I think Hungla is absolutely correct. I guess we like to know that we have tangable assets and companies intend to Exaggerate about their assets in order to look better in the market. But I am not sure in what extend they are allowed to do that by the business law! Wouldn't they be fooling their stock buyers? I would like to know what the business law would say on this matter. Maybe Mr. Kwack would know!
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