Net Income Multiplier

The price of an asset (usually current price) divided by the net income it generates in a given period of time. Usually refers to rental property, for which the time period over which this multiple is considered is generally a month. It is a useful measure for judging how effective an asset is at generating income, compared to its market price.

Impairment Charge

A specific reduction on a company's balance sheet that adjusts the value of a company's goodwill. Due to accounting rules, a company must monitor and test the value of its goodwill, to determine if it is overvalued. If it is, the company must issue an impairment charge on its balance sheet, to take into account the reduced value of the goodwill.

GOLD

Sought after since the beginning of recorded history, gold remains a highly valued metal, reaching record highs recently, climbing over 135% in value in the past year alone. The recent rise in the price of gold comes just as annual worldwide mine production has decreased - down by nearly 8% since 2001. In human history, only 161,000 tons of gold have been mined - more than half of that extracted in just the past 50 years. Collected here are a handful of recent photographs of people searching for, mining, rediscovering, celebrating, buying and selling gold.

A visitor touches the world's largest solid gold brick weighing 220kg (worth over US $7.8 million at today's price), at the Jinguashi Gold Museum in Ruifang, Taipei county, on December 2, 2009.

Hava Katz, the head of the national treasures of Israel's Antiquities Authority, holds up a 1,000-year-old gold coin minted in Egypt and dated 1,095 AD, supposedly brought to Jerusalem by Muslim pilgrims, during an exhibition at the Davidson Archeological center in Jerusalem's Old city on November 11, 2009.

A statue of a bird of prey made of gold is pictured at a gold and silver exhibition at the Ginza Tanaka store in Tokyo October 23, 2009.

 

An artisan makes gold ornaments at a jewelery factory in the eastern Indian city of Kolkata November 13, 2009

A man holds a spoon full of gold leaf, ready to eat it with his sushi at the "Seven Sushi Samurai" Sushi of the Year awards 2009 at the Olympia exhibition center in west London, on November 14, 2009. The gold leaf was an ingredient in last year's winner Mitsunori Kusakabe's entry

Children from the Turkana area of Kanukurdio pan for flakes of gold which helps sustain their families on November 9, 2009 near Lodwar, Kenya.

Trays with gold ingots are placed in a room for final weighing and packaging at the Krastsvetmet plant in the Siberian city of Krasnoyarsk November 16, 2009.

A pure gold statue of Buddha is displayed at the Ginza Tanaka store in Tokyo November 26, 2009

Pedro Linares uses a calculator to determine how much the company he works for, Fast Cash Gold Parties, will pay for the gold jewelry that he is weighing on October 30, 2009 in Hialeah, Florida. As the price of gold remains high, the company is busy setting up these modern day Tupperware parties to buy people's unwanted gold in their homes.

Gold figurines on display in a shop window in Hong Kong on November 17, 2009.

Colombian gold prospectors mine for the precious metal on the river Dagau, Zaragoza province, Cauca, Colombia on November 17, 2009. About 8,000 gold prospectors work illegally on the Dagua river to support their families, local authorities said

A gold trader weighs gold in Cauca, Colombia on November 17, 2009.

Metal detector enthusiast David Booth poses with his hoard of Iron Age Gold on November 4, 2009 in Edinburgh, Scotland. Booth discovered the gold Iron Age torcs buried on on private land in Stirlingshire - the items dating from between 300-100 BC. The hoard is currently under protection of the Treasure Trove Unit, under Scottish law, the Crown can claim any archaeological objects found in Scotland.

Gold-toothed football player Chris Johnson of the Tennessee Titans sits on the bench during their game against the San Francisco 49ers at Candlestick Park on November 8, 2009 in San Francisco, California.

A gold miner pushes a wheelbarrow to carry rocks which will be processed for gold in an artisanal mine in Abangares, north of San Jose, Costa Rica on December 9, 2009. Costa Rica is pushing to legalize a 600 informal miners of small-scale miners who scrape out tiny amounts of gold from abandoned mine shafts using dangerous and polluting techniques.

People work in an illegal gold mine in a national park forest near Novo Progresso in Brazil's northern state of Paral on September 15, 2009.

A Christie's employee looks at a creation "Relief Eponge" by Yves Klein on display at the auction house in London, Wednesday, Jan. 20, 2010. The gold sponge relief creation is to be auctioned at the "Post-war and Contemporary" sale on Feb. 11 with an estimated price of 5.7 to 8 million euros (US $8.2 to 11.4 million).

A model displays pure gold Disney character dolls showing Snow White and the seven dwarfs, priced at 30 million yen ($300,000 USD) and produced by Tanaka Kikinzoku Jewelry in Tokyo on November 4, 2009 for the promotion of Blu-ray disks of Disney movies.

A Caterpillar Inc. mining truck moves along a road at the AngloGold Ashanti Ltd. Cripple Creek & Victor gold mine in Victor/Cripple Creek, Colorado, on Thursday, Nov. 5, 2009. AngloGold Ashanti Ltd., Africa's largest gold producer, purchased Golden Cycle Gold Corp. in January 2008 to gain full control of this mining site, its only active operation in the U.S.

A worker pours fusion samples into cone molds to determine the total gold content in a sample at the AngloGold Ashanti Ltd. Cripple Creek & Victor gold mine in Colorado on Thursday, Nov. 5, 2009.

A carbon recovery circuit adsorbs gold in a sodium cyanide solution at the AngloGold Ashanti Ltd. Cripple Creek & Victor gold mine in Colorado on Thursday, Nov. 5, 2009.

Gold-plated Berlin Bear awards are lined up for the upcoming Berlinale International Film Festival at Noak bronze foundry in Berlin January 20, 2010.

A worker holds a geological core sample containing copper and gold to visitors at the Oyu Tolgoi mine site in Khanbogd village, Umnugobi province, Mongolia on Saturday Nov. 7, 2009. Mongolia is trying to capitalize on its vast mineral wealth to help the country lift itself out of poverty.

A woman wades deep under a river bank to collect mud to pan for gold in Pidie district in Indonesia's Aceh province November 2, 2009. Residents in the area engaged in traditional gold mining can get about 1.5-2 grams of gold and earn 275,000 rupiah ($28) per day.

A villager looks for gold dust from sand along a river at Pidie district, Indonesia's Aceh province November 2, 2009.

Bulgarian archaeologist Veselin Ignatov holds a gold-plated silver cup with an image of the Greek God of love Eros, found at a Thracian mound near the village of Karanovo, Bulgaria on November 17, 2009. A team of archaeologists led by Ignatov found a chariot, two silver cups, golden rings and jewelry, clay and glass artifacts dating back to the first century A.D.

Illegal miners search for gold on the mountain of Tumpang Pitu in Banyuwangi, East Java, Indonesia on November 21, 2009. The mine has been in operation since June 2009 and local villagers have began protesting because the waste produced by the mine is polluting the environment.

An illegal miner pans for gold at the mountain of Tumpang Pitu in Banyuwangi, East Java, Indonesia on November 21, 2009.

A Japanese girl admires a gold model named "Wishing to shooting stars" at a gold and silver craft exhibition in Tokyo on October 23, 2009. The 30cm-tall, 15kg pure gold artifact is worth 130 million yen (US $1.3 million).

Molten gold and flux used to remove impurities glows red hot as it is melted in an induction melting machine at Dvir & Stoler Refining in New York, U.S., on Monday, Jan. 4, 2010.

A worker pours molten gold into an ingot mold at Dvir & Stoler Refining in New York, U.S., on Monday, Jan. 4, 2010.

Gold bars are pictured at the Ginza Tanaka store in Tokyo October 23, 2009.

A goldsmith works on a gold ornament at a workshop in Chandigarh, India on November 23, 2009.

Gold busts of (l-r) Chinese leaders President Hu Jintao, former president Jiang Zemin, late patriarch Deng Xiaoping and Mao Zedong, are displayed at a gold exhibition in Beijing, China on November 8, 2009.

Villagers use tools to pan for gold from the Irrawaddy river near Bahalminhtin Bridge near the town of Myitkyina in the northern Myanmar on January 7, 2010.

An overall view of the open pit gold-copper Cadia mine in Orange district in Australia on January 8, 2010.

Pure gold casting grain is displayed for a photograph at Dvir & Stoler Refining in New York, U.S., on Monday, Jan. 4, 2010.

THE LONG HARD WAY

I am not a star
There is no Halo over my head
Fate doesn’t like the colour of my eyes
Struggle and strife are old friends of mine
Who am I?
I am a survival, I am guts, I am pride,
I like odds
Especially when they’re stacked against me
B’coz there will come a time when
I will stare them in the eye
And smile, the smile of the one who pulled it off
I am the person who will have deep lines on my face someday,
And it’ll make me look good when I laugh,
B’coz that is the day t will fear no fear
And taste the sweat that is sweet
And look back for the very first time and say
I did it my way
The LONG HARD WAY.

MY SOURCE OF INSPIRATION.

I see her often running here and there
She could be seen running before every glitter
And she listens and believes to everyone except me….
Never does she care for any feelings….
Nor does she wait for the truth;
Waiting to engulf the innocent….
Trying to allure to pure,
Always she succeeds,
She changes her mask every instant,
Such that nobody ever saw her real face!
Rarely she makes you laugh
She always goes away from the point of destination,
And has a habit of snatching mine
Betrayal flows in her blood streams….
And she’s proud of it!
And for these qualities we call it ‘LIFE’
Today there may be a treatment of death,
But never will be any remedy of life.

I came across this piece while surfing good one....

Craptastic!

When software engineers in California are not dreaming about going skinny dipping with Angelina Jolie, they are dreaming about making millions of dollars by starting a software company. I do too. I mean the latter part. I have an idea for this wonderful software. I don’t know how to make the software yet, but a like a true day dreamer, I prepared the packing and the feature list for the software. Let me share my idea with you.

(Click on the image to enlarge. Read product description after the image)




What is Craptastic?Craptastic is an amazing new software that reads a Bollywood (or other Indian movie) DVD and makes it into a movie that is actually watchable. All you have to do is pop the DVD into your computer, run the software, burn a DVD and watch it! You will never have to hurt your fingers again by holding the “2x” button for one and half hours.
Feature list:

• Using modern and complex algorithms, this software makes Aishwarya Roy look like she is almost acting
• Searches each frame and digitally puts a shirt on Salman Khan’s disgusting bare body
• Since most songs are rip off of English songs, those songs will be replaced by original English songs
• Using digital pattern recognition mechanism, this software makes dying characters die as soon as they say, “I am dying” sparing the viewer the 10 minute monologue
• By a patented new technology called ChildAgeCorrect, this software adds realism to movies by making children look at least as old as the dialogs they are spewing out. Warning: Most kids in movies will look 18
• Coat color correction: Rich people in the movie will wear normal gray, blue or black suits instead of orange, green or lavender.
• We all know how distracting those protean sweat patches under the armpits of heroes and heroines that are changing in every frame. This softwake make them look exactly the same in every frame
• (Only for Tamil movies) Applies strategic pixallation in fight scenes where the hero is wearing a lungi.
  And many more features!

Bonus software included:
MovieExperience is a great fun software that comes free with Craptastic. Applying MovieExperience will enhance the sound track so that your movie watching experience is closer to watching in a theater. Some features include:

• Adds the voice of the annoying guy talking in the back row
  Adds crying babies (up to __ nos)
• Adds the voice of that 12 year old girl who already saw the movie and providing a preview of the upcoming scene
• Adds whistles and hoots when the heroine’s pallu drops
• After the movie ends, it adds instant reviews in real voices like, “What a load of crap,” “I want my money back” etc.
  Order now!

A Random Thought
For whenever I sit down to write,
Its always the same agony, a disgusting plight,
Not that I have a mind block,
In my mind, ideas do flock.
But whatever I think,
My mind does sink,
To know someone’s thought the same before,
The idea has trespassed someone’s mind long ago…

I tried real hard,
And let the ideas flow…
Wrote in the Future, Present and Past,
The stuff I wrote sounded so aghast!
I defy, I try,
Should I give up? But then, WHY?
B’coz the best ideas are always taken
And the remaining stories sound so forsaken!!

Wish I had been born years back,
So the credit to those ideas I could have
For today, I know that whatever I write,
For its copyrights, I’ll have to fight.
Didn’t quite want to spare this idea for generations to come,
But then- how did I know?
If someone’s thought the same before,
If the ideas trespassed someone’s mind long ago…