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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

Forbes explains Venezuela, Argentina Currency Devaluations Hit P&G Expected Sales And Earnings. Due to devaluations in currencies like the Venezuelan bolivar, Argentine peso and Turkish lira, to name a few, the consumer product giant said that it is lowering its outlook for its full-year 2014 sales and earnings.

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ECB Waters Down 2014 Stress Tests Second Time; Yet Another Sham Stress Test

MishTalk

However, we will penalize banking exposure to bonds contained in the trading book, i.e., those that are available for immediate sale." The ECB will not force European banks to adjust to market value of sovereign debt portfolios that are classified as held to maturity.

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Can an Expense Be Profit?

Martinka Consulting

Sales were down from 2014 and expenses were up. His balance sheet is a mess. ” It included the usual suspects like his salary, his wife’s salary, benefits, car (used to make sales calls), etc. Last month a friend referred me to a business owner wanting to sell his company.

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Repair Regulations: Limiting Business Deductions

Women in Consulting

These rules are effective January 1, 2014 and will affect over 4 million taxpayers. into office supplies, these items must now be put on the balance sheet and depreciated and tracked. The rule is limiting businesses to expense a purchase which is $200 or less and consumed within a year.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

See More Videos > See More Videos > Tackle the balance sheet. “Take an interest in the balance sheet and then do the due diligence to understand it,” he says. Experiment with the numbers on your organization’s balance sheet by going through a series of “what if?”

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Sales of Class 8 heavy trucks are on pace for one of the best years in history - around 260,000 units in North America. An updated study by Ahir and Loungani (2014) finds that the private-sector’s record of failure to predict recessions remained intact through 2008 and 2009. So they’re not stuck with excess drivers and trucks.”

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Descent of the Global Monetary System

Tom Spencer

In March, American food prices rose at their fastest rate since 2014. However, when confidence eventually returns and the rate of spending starts to rise, at that point, the Federal Reserve will not be able to reduce the money supply by shrinking the size of its balance sheet. Most notably, food prices.

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