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Pioneer Industries gathered the following year-end data (in thousands) for 2010 and 2009:
-The return on assets for 2010 was:
IFRS Guidelines
The set of international accounting standards and principles that guide how financial statements should be prepared and disclosed.
Impairment Loss
A reduction in the recoverable amount of a fixed asset or goodwill below its carrying amount recorded on the balance sheet.
Input Market
The marketplace where resources or raw materials that a company uses to produce its products are bought and sold.
Long-lived Assets
Assets that are expected to provide economic benefits over a period of time longer than one fiscal year.
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