Este documento presenta un glosario de términos fiscales comúnmente usados por la Junta de Igualación del Estado de California. Explica que el glosario proporciona traducciones al español de los términos fiscales en inglés para facilitar la traducción de documentos. Además, advierte que los significados legales de los términos son determinados por la ley y no por las traducciones en el glosario.
This document discusses the history and development of quality management systems. It describes how quality became a focus for businesses starting in the 1950s when Japanese companies emphasized quality. Consultants like Deming and Juran helped develop approaches like total quality management and six sigma. The document outlines various elements that are typically part of a quality management system, including participative management, quality system design, customers, purchasing, education and training, statistics, auditing, and technology. Standardized systems like ISO 9000 and QS-9000 are also discussed.
The document provides guidance on writing in political science. It discusses the key components of a political science paper, including choosing an interesting topic, developing a testable thesis, identifying counterarguments, and selecting evidence to support the thesis. It also outlines the scientific method used in political science, which involves developing a theory or hypothesis before examining evidence through a deductive process. Researchers then collect data, analyze it to test their hypothesis, and draw conclusions, considering alternative explanations for their results.
This document provides an overview of Switzerland's Federal Code on Private International Law (CPIL) from 1987. It contains 12 chapters that establish provisions for jurisdiction, applicable law, recognition of foreign decisions, and other international legal matters. The CPIL aims to govern international legal issues and determine the appropriate Swiss or foreign law to apply in cross-border cases. It includes sections on natural persons, family law, inheritance, contracts, torts, and other areas of law with an international aspect.
Este documento presenta un glosario de términos fiscales comúnmente usados por la Junta de Igualación del Estado de California. Explica que el glosario proporciona traducciones al español de los términos fiscales en inglés para facilitar la traducción de documentos. Además, advierte que los significados legales de los términos son determinados por la ley y no por las traducciones en el glosario.
This document discusses the history and development of quality management systems. It describes how quality became a focus for businesses starting in the 1950s when Japanese companies emphasized quality. Consultants like Deming and Juran helped develop approaches like total quality management and six sigma. The document outlines various elements that are typically part of a quality management system, including participative management, quality system design, customers, purchasing, education and training, statistics, auditing, and technology. Standardized systems like ISO 9000 and QS-9000 are also discussed.
The document provides guidance on writing in political science. It discusses the key components of a political science paper, including choosing an interesting topic, developing a testable thesis, identifying counterarguments, and selecting evidence to support the thesis. It also outlines the scientific method used in political science, which involves developing a theory or hypothesis before examining evidence through a deductive process. Researchers then collect data, analyze it to test their hypothesis, and draw conclusions, considering alternative explanations for their results.
This document provides an overview of Switzerland's Federal Code on Private International Law (CPIL) from 1987. It contains 12 chapters that establish provisions for jurisdiction, applicable law, recognition of foreign decisions, and other international legal matters. The CPIL aims to govern international legal issues and determine the appropriate Swiss or foreign law to apply in cross-border cases. It includes sections on natural persons, family law, inheritance, contracts, torts, and other areas of law with an international aspect.
PMI is a Taiwan-based sewing machine manufacturer. In 2014, its quarterly sales growth was between 5-30% year-over-year and its annual net profit increased 47% to NT$316 million. PMI has a strong presence in the Asian sewing machine market with a focus on the Chinese market which accounts for over 50% of its revenue. It expects continued revenue growth over the next two years driven by the implementation of free trade agreements in Asia including the TPP.
1) The document provides financial information and forecasts for a Taiwanese company for 2013-2015. Key metrics like revenue, earnings per share (EPS), and EBITDA are presented on a quarterly and annual basis.
2) EPS is forecast to increase from NT$2.06 in 2013 to NT$2.23 in 2014. Revenue is projected to grow by 6.5% annually from NT$34.7 billion in 2013 to NT$37.9 billion in 2014.
3) EBITDA margins are expected to remain stable around 10% for both 2013 and 2014.
- The document provides financial information and forecasts for a Taiwanese technology company for 3Q13, 4Q13, and 2014.
- For 3Q13, revenue was NT$5.073 billion, a 0.4% QoQ decrease but 5.7% YoY increase. Earnings per share (EPS) was NT$1.15.
- For 4Q13, revenue is forecasted to be NT$5.080 billion, a 0.5% QoQ decrease but 7.3% YoY increase. EPS is forecasted to be NT$1.07.
- For 2014, revenue is forecasted to be NT$12.440 billion and EPS
1) The document discusses KGI Securities' analysis of the compact camera module (CCM) market and key players in 4Q13-1Q14. It forecasts that CCM shipments will decline 15-25% quarter-over-quarter during this period due to seasonality.
2) It provides details on the market share and outlook for major CCM suppliers like TPK, GIS, and LG Innotek, noting that Apple's transition to in-house CCM production for new MacBook lines will significantly impact TPK.
3) The document concludes by reiterating its view that CCM shipments will decline in 1Q14 due to typical seasonal factors but expects growth to resume in 2014
This document provides an analysis of the DRAM market and key memory manufacturers for 2013-2014. It forecasts that DRAM bit shipments will increase 7.4% in 2014 with demand growth from servers, PCs and mobile devices. PC DRAM bit shipments are expected to rise 15.5% in 2014 while mobile DRAM will increase 25.6%. Manufacturers like Samsung and SK Hynix are expected to benefit from this growth in the DRAM market.
Pegatron's stock price is NT$43.80. Macquarie maintains its Outperform rating and raises its 12-month target price to NT$55 from NT$51. Pegatron remains well positioned as the major supplier of Apple's iPhone mini, and iPad mini demand has been better than expected. Macquarie also expects upside from Pegatron's non-core business Casetek and higher-than-expected non-notebook business margins. Macquarie raises its 2013-2014 EPS estimates and sees upside catalysts from new order gains and improving revenue and margins.
Pegatron remains an outperform stock with a 12-month target price of NT$55. The analyst expects solid iPhone mini shipments and margins to drive earnings upside in 2013. Demand for the iPad mini is also better than expected. Rising profits from Casetek also provide upside risk to EPS growth. The consensus EPS estimate for 2013 is conservative and the stock valuation remains attractive.
PMI is a Taiwan-based sewing machine manufacturer. In 2014, its quarterly sales growth was between 5-30% year-over-year and its annual net profit increased 47% to NT$316 million. PMI has a strong presence in the Asian sewing machine market with a focus on the Chinese market which accounts for over 50% of its revenue. It expects continued revenue growth over the next two years driven by the implementation of free trade agreements in Asia including the TPP.
1) The document provides financial information and forecasts for a Taiwanese company for 2013-2015. Key metrics like revenue, earnings per share (EPS), and EBITDA are presented on a quarterly and annual basis.
2) EPS is forecast to increase from NT$2.06 in 2013 to NT$2.23 in 2014. Revenue is projected to grow by 6.5% annually from NT$34.7 billion in 2013 to NT$37.9 billion in 2014.
3) EBITDA margins are expected to remain stable around 10% for both 2013 and 2014.
- The document provides financial information and forecasts for a Taiwanese technology company for 3Q13, 4Q13, and 2014.
- For 3Q13, revenue was NT$5.073 billion, a 0.4% QoQ decrease but 5.7% YoY increase. Earnings per share (EPS) was NT$1.15.
- For 4Q13, revenue is forecasted to be NT$5.080 billion, a 0.5% QoQ decrease but 7.3% YoY increase. EPS is forecasted to be NT$1.07.
- For 2014, revenue is forecasted to be NT$12.440 billion and EPS
1) The document discusses KGI Securities' analysis of the compact camera module (CCM) market and key players in 4Q13-1Q14. It forecasts that CCM shipments will decline 15-25% quarter-over-quarter during this period due to seasonality.
2) It provides details on the market share and outlook for major CCM suppliers like TPK, GIS, and LG Innotek, noting that Apple's transition to in-house CCM production for new MacBook lines will significantly impact TPK.
3) The document concludes by reiterating its view that CCM shipments will decline in 1Q14 due to typical seasonal factors but expects growth to resume in 2014
This document provides an analysis of the DRAM market and key memory manufacturers for 2013-2014. It forecasts that DRAM bit shipments will increase 7.4% in 2014 with demand growth from servers, PCs and mobile devices. PC DRAM bit shipments are expected to rise 15.5% in 2014 while mobile DRAM will increase 25.6%. Manufacturers like Samsung and SK Hynix are expected to benefit from this growth in the DRAM market.
Pegatron's stock price is NT$43.80. Macquarie maintains its Outperform rating and raises its 12-month target price to NT$55 from NT$51. Pegatron remains well positioned as the major supplier of Apple's iPhone mini, and iPad mini demand has been better than expected. Macquarie also expects upside from Pegatron's non-core business Casetek and higher-than-expected non-notebook business margins. Macquarie raises its 2013-2014 EPS estimates and sees upside catalysts from new order gains and improving revenue and margins.
Pegatron remains an outperform stock with a 12-month target price of NT$55. The analyst expects solid iPhone mini shipments and margins to drive earnings upside in 2013. Demand for the iPad mini is also better than expected. Rising profits from Casetek also provide upside risk to EPS growth. The consensus EPS estimate for 2013 is conservative and the stock valuation remains attractive.