Keynes - the progenitor of both monetary and fiscal reflation as antidotes to debt deflation - would be smiling.
The Bush fiscal put and the Bernanke monetary put are now well in place. Fighting this combination is in our view for the foolhardy.
In most developing countries increased government expenditures led to record fiscal deficit in 1982 and 1983
Entries in the accounts of the purchaser AT the time of purchase and for the remainder of the fiscal year, ending Dec. 31, are presented as follows…
AT the end of each fiscal year, the company shall prepare a financial report and shall be examined and verified as provided by law.
…the expenditures FOR the current fiscal year will exceed the receipts by $100,000,000.
The February 1994 tobacco tax cuts resulted in a combined federal and provincial revenue loss of over Can$1.2 billion in the fiscal year 1994-1995.
Last week Seattle-based Starbucks said it expected to raise prices some time in the coming fiscal year, beginning October 4.
Building the fiscal cadastre is a field exercise that requires tight quality control. Much attention must be given to timeliness and accuracy.
Regardless of how carefully the predetermined overhead rate is estimated, Factory Overhead will usually have a balance at the end of the fiscal year.