He added: "But there are still some very competitive deals on the market, offering significant savings against the average big six standard variable plan
This is not enough data for stakeholders to give truly informed input on impairing the duplex gap, let alone the impact of a variable plan
The variable plan
term assumes values between 0 and 25 years, with mean and median around 4 years and standard deviation of 3.97 years.
Moneycorp offers better rates than the bank as well as fixed and variable plan
options giving customers the ability to then 'lock' into favourable exchange rates," said Jackson.
As restated, the net loss for fiscal 2003 of $6,956,000 includes a variable plan
accounting charge of $1,141,000.
During the most recent quarter the company booked $13.2 million in noncash charges, including $10.4 million related to store closings and impairment and $2.63 million resulting from variable plan
accounting for stock-based compensation.
will result in variable plan
treatment." In fact, accountants need to be mindful at all times, not only during the transition period.
Once an option price is lowered to increase its value as compensation or to broaden its appeal, the option must be accounted as "variable plan
." Additional changes or repricing in a variable plan
must be recorded as a charge against earnings until the options are exercised.
Conversely, compensation cost would generally be reduced for entities that rely predominantly on performance-based or other variable plan
Noncash items in the fiscal 2003 quarter included a $58.7 million charge related to store closings and impairment, $528,000 in closed store liquidation expenses, $6.75 million of income resulting from variable plan
accounting for stock-based compensation, the aforementioned $1.4 million gain from early debt extinguishment, and $5,000 in other income.