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Four lounging pants were my only loot last Black Friday. The discounted price was half the regular,You know naman, I do not go out often so I am always in my lounging pants aka pajama. Besides, it is winter here in the States where shorts is a no no even with a centralized heater. Besides, it is more comfortable to wear loose pants especially if you are using diabetes med injectables.
For someone sick with the C, the doctor expects weight loss without having to lift the fingers to do some calisthenics. But I do all the time especially when I am browsing in the internet. Nageexcercise ang daliri ko.
And it was when I was browsing that I found someone claiming to have finished an MBA in a prestigious university wrote something about concepts which she did not understand. If I were the professor, I could have not passed her without asking her to write 100 times...
The ROI is expressed in terms of per centage while payback period is in terms of months and the cash flow is the expected receipts from a proposed investment for a given period of time. When you are asked of the expected performance of an investment proposal, you might say, the ROI is 5 per cent; the investment will be recovered after three years and the annual cash flow from the project is -----pesos or dollars. If you are not sure, skip the topic. Hindi mahahalatang rider lang kayo noong MBA days ninyo. Tseh.
Hindi pagtataray yan. I am attacking concepts and not the physical attributes of people. Palusot pa.
Just Compensation
What is just compensation? The President is urging DAR to see to it that the HLI owners (Cojuangcos) should receive just compensation for the land that they are about to give up. (Isn't the land bought from the proceeds of the government loan? Granting that they should pay. what determines the just compensation? It is the court daw which is going to determine the just compensation. Interesting. Buhay pa ba ako noon?
When the stock options distibution scheme was approved in distributing the hacienda, years ago, sa isip ko patay. Kailan man walang makukuha ang mga farmers sa lupa nila.
When implemented, this distribution type for corporate farm should have given the farmers share of stocks of the hacienda. The certificate of stock is an evidence that the farmer is a part owner of the hacienda. As part owners, they have the right for dividends when the corporations declare one at the end of the year. But wait, there is a catch. Only when there is income and available retained earnings earmarked for that purpose. O sabay-sabay. Buhay pa ba kami noon?
The new Supreme Court decision disallows the stock distribution but I think, there is a suggestion to let the farmers chose this option if they want to. Waiiisss.
Assuming that the farmers have to pay for the cost of the farm, what is considered just compensation.
In a corporate setting, the value of the company is dependent on its stock--not the par value but the book value.
And how do you compute for the book value? Easy. The Paid-up capital stock plus the retained earnings divided by the number of shares outstanding. The retained earnings account is the accumulated profits for the past year. So if there were no profits, the amount will be negative and will be subtracted from the capital. What if the negative retained earnings far exceeded the capital stock like?
Stockholder's equity of HLI as of 2008
Capital stock Php 355,531,000
Retained Earnings (1,129,153,000)
Di negative din ang book value? And if the corporation has long term debts, these debts have priorities over the payment to the stockholders.
O di va, the question is, will the farmers absorb the losses and the debts to the affiliates--Php 773, 622,000. The affiliates are companies that may be owned by the Cojuangcos (?)--the sugar processing arms. The HLI is the agricultural farm which produces the raw sugar cane.
Will someone educate me? Are there alternative accounting methods to assign a value which I am not aware of or is there a need for an independent appraisal of the value of the land?
Pinaysaamerika
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