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Impact of Owner-Occupied Property Valuation by Historical Cost on Fixed Assets Value at Bankruptcy Risk

and the banking crisis in 2008: Shooting the messenger. Accounting in Europe, 6(1): 3-24. http://dx.doi.org/10.1080/17449480902896346 Baran, M. (2005). The areas of influence of the success-determining factors upon the functioning of the enterprise. In: A. Peszko (ed.), Współczesne czynniki rozwoju przedsiębiorstwa. Kraków: Uczelniane Wydawnictwo Naukowo-Dydaktyczne AGH. Bauer, K. (2014). Fixed Assets Valuation in the Condition of Bankruptcy Risk: The Role of Estimates. Journal of Modern Accounting and Auditing, 10(6): 652

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The Relation of Working Capital and Fixed Assets: a Study

Abstract

The present study aims to investigate the relationship between working capital changes and fixed assets with asset return of 120 manufacturing listed companies in Tehran Stock Exchange during 2006-2010. Pearson correlation and Regression test are employed to determine the kind of relationship between dependent and independent variables, hypotheses test and evaluating normality of data respectively. The outcomes of the study suggest that there is a significant relationship between working capital changes and fixed assets with assets return in the research community.

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Changes in Poland’s Industry After 1989

Abstract

This paper has as its goals the presentation and evaluation of the changes in Poland’s industry during the economic transformation. After having listed the main characteristics of the industry in the period before 1989, the author points out the changing role of the industry in the national economy as well as changes in ownership and quantity. An evaluation of the changes in employment in industry, the value and structure of fixed assets, capital expenditures (incl. the role of direct foreign investments) as well as of the dynamics and structure of the industrial production has been made. Processes of restructuring of indusstry and spatial changes in the industry deployment are another topic discussed in the paper.

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Efficiency of Mergers of Mechanical Engineering Companies in the Czech Republic

Abstract

This paper presents the research results in the field of the efficiency of mergers and acquisitions in the mechanical engineering industry of the Czech Republic. The aim of this paper is to determine whether mergers taking place in mechanical engineering are successful, or possibly to identify factors which may be deemed as synergies sources. In our research, the success rate of mergers is identified on the basis of the increasing revenues and operating profit. It has been established that out of mergers completed in 2004 - 2011, success has been achieved in approximately half of them. For this reason, we have focused on identifying the factors which may serve as the reasons for such a difference. The selected indicators of the cost-to-revenue ratio and utilization of fixed assets, investments, and net working capital we analysed before and after the mergers in both groups of successful and unsuccessful mergers. The Mann-Whitney U test was used to test the results. The research results have demonstrated that synergies are not achieved due to the change in the market power of the merged companied but owing to operational efficiency which is reflected in a drop in labour costs and depreciation to revenues ratios and increasing asset utilization.

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Economic assessment of the development opportunities of farms participating in agri-environmental programmes / Ekonomiczna analiza możliwości rozwoju gospodarstw rolnych uczestniczących w programach rolno-środowiskowych

Abstract

The study was conducted in 2007 with the inquiry method in 30 farms which specialised in livestock production based on own grasslands and participated in the Rural Development Programme in the years 2004-2006. The mean farm area was 19.69 ha (from 2.2 ha to182.0 ha) and farms were divided into 4 groups: 1-10; 10-20; 20-50 and >50 ha. The share of permanent grasslands was 53.8% on average. The crop structure was subject to the production of bulk feeds and feed grain (oats), cereal mixtures, triticale and barley. The mean share of cereals was 78.5 %, root crops - 9.4 % and legumes - 2.1 %. The highest livestock (cattle, pigs, horses, poultry) density (mean of 0.5 LU per ha of agricultural land) was in farms from the group of 20-50 ha. Both the farm investments in fixed assets and average direct costs of plant and animal production were low. The revenue from agricultural production was medium to low. The proportion of subsidies from the RDP was high (17%). Gross margin in farms was medium and low. Its value per 1 ha of agricultural land (AL) and per capita increased with the increase of farm surface area (except for a group of 20.1-50.0 ha). The effectiveness of fixed assets was high, its index ranged from 0.39 to 0.58 with a mean of 0.43. Only 23% of surveyed farms had a chance of further development.

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Relationship between the Financial Indicators and the Implementation of Telework

  personnel   costs Average   number   of   employees Personnel\,costs\,per\,employee = {{Total\,personnel\,costs} \over {Average\,number\,of\,employees}} Personnel costs include aggregate wage costs plus additional costs that the employer pays for employees, i.e. compulsory social insurance and public health insurance. These are costs related, for example, to remuneration based on employment relationships, social security and health insurance contributions, etc. (9) Capital   ratio   of   total   assests   ( v   % ) = Fixedassets Total   assets × 100

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Leasing Puzzle in Polish Small Firms Listed on the Alternative Market

creditworthiness Award procedure for a contract Simplified and shorter than in the case of loan More demanding and strict (business plan, financial statement, certification for not being in arrears with liabilities towards Tax Office and Social Security Office (ZUS)) Tax shield Higher benefits Lower benefits VAT settlement Paid within the maturity on every leasing payment at 23% rate Paid at the time of purchase of specific fixed asset; VAT has to be financed until the moment of settling its quota with taxable VAT on sales Security Leased asset

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Testing trade-off theory and pecking order theory under managerial overconfidence

applied capital structure. Of note, most of the existing research compares only debt ratio differences of companies managed by overconfident and nonoverconfident managers. We contribute research into the capital structure decision-making of overconfident managers by calculating not only debt ratio or financial leverage but also recognizing the financing strategy of fixed assets. Herein, we applied TOT and the methodology of setting a target debt ratio [ Fama and French, 2002 ]. We applied POT and methodology of calculating a value of deficit and sources of its financing

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Intended Use of a Building in Terms of Updating the Cadastral Database and Harmonizing the Data with other Public Records

. Journal of Laws of 2013, item 249. Regulation (2013b) of the Minister of Justice of 21 November 2013 on the establishment and maintenance of land registers in the IT system, Journal of Laws of 2013, item1411. Regulation (2016a) of the Minister of Justice of 15 February 2016 on the establishment and maintenance of land registers in the IT system, Journal of Laws of 2016, item 312. Regulation (2016b) of the Council of Ministers of 3 October 2016 on the Classification of Fixed Assets (KŚT), Journal of Laws of 2016, item 1864

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Selected Effects of Financing Agriculture from a Regional Perspective

Abstract

This paper contains an assessment of changes in the financial and property situation of agricultural holdings in different regions of Poland. In the years 2006-2013, growth of the level of income from a family-owned farm was registered in all regions, but capabilities of reproducing fixed assets and development capabilities varied. Favourable changes in the availability of fixed assets in farms were observed. Regional differences became apparent in the efficiency with which these assets were used. The greatest growth of the value of fixed assets per 1 ha of farmland was registered in the Pomorze and Mazury region. Farms in the Małopolska and Pogórze region were in the most difficult situation, characterized by a permanent inability to reproduce fixed assets and develop.

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