positive effects or leave irreparable damage. The worlds of 1984 and the modern United States are strikingly similar‚ in spite of one being realistic and one being real. In both societies‚ the world is at war‚ however‚ some of the deepest wounds are found not on the battlefield‚ but at home. In 1984‚ social class and race is used to segregate a group of people‚ which resembles what is done to underprivileged Americans in the United States today‚ resulting in their inability to move up socioeconomically
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What is Recurring Deposit Account ? Meaning ↓ Recurring deposit account is generally opened for a purpose to be served at a future date. Generally opened to finance pre-planned future purposes like‚ wedding expenses of daughter‚ purchase of costly items like land‚ luxury car‚ refrigerator or air conditioner‚ etc. Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate. In recurring deposit account certain fixed
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INTERPRETATION OF FINANCIAL STATEMENTS Ways of interpreting financial statements - Using individual items contained in financial statement. - Using ratios computed from items contained in Financial Statement (Ratio analysis) Reasons for interpreting accounts Accounts have to be analyzed and interpreted for the following logical points (1) Evaluation of the trading performance of a firm in order to have a measure of the quality of management running it. (2) Appraisal and monitoring
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The companies’ financial ratios can be compared with the ratios of other equivalent companies between business sectors at one point of time. These comparisons provide explanations on the relative financial status and performance of the company compared to the relative performance of its competitors. Comparisons are usually made with other companies in the same business sector and the benchmark is assumed to be the suitable value for a company. The assumption here is for the companies in the same
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Important Financial Ratios in Investment Analysis Introduction Financial ratios are derived ratio numbers from the financial statements of a company. Depending on the task‚ financial ratios can serve to various purposes in accounting‚ legal‚ M&A uses‚ etc. For investors‚ financial ratios are very powerful in two ways: indentifying the company’s unique competitiveness and evaluating its stock price level. The first part helps investor find a truly valuable company and the second part helps investor
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-In the early and mid 1800’s and since the early days of the United States’‚ different ways of life existed in the northern and southern portions of the country. -Each portion desired its principles to be spread to the new US territories. -The Northern United States‚ at the time‚ possessed a diverse economy consisting of agricultural and industrial fields. This region employed workers in these fields. -The Northern United States‚ at the time‚ possessed an economy based solely on a few cash crops
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CFA Institute What Determines Price-Earnings Ratios? Author(s): William Beaver and Dale Morse Source: Financial Analysts Journal‚ Vol. 34‚ No. 4 (Jul. - Aug.‚ 1978)‚ pp. 65-76 Published by: CFA Institute Stable URL: http://www.jstor.org/stable/4478160 Accessed: 12/06/2010 17:20 Your use of the JSTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR’s Terms and Conditions of Use provides‚ in part
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Ratio Analysis Ratio analysis is one of the techniques of financial analysis where ratios are used as a yardstick for evaluating the financial condition and performance of a firm. Analysis and interpretation of various accounting ratios gives skilled and experienced analyst a better understanding of the financial condition and performance of the firm than what he could have obtained only through a perusal of financial statements. Types of ratio’s 1. Profitability ratio 2. Leverage ratio
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and 2 ------------------------------------------------- Assignment 2012/2013 – Semester 2 ------------------------------------------------- B. Com (Major in Banking and Finance) – Year III ------------------------------------------------- Ratio Analysis Report ------------------------------------------------- Student: Kevin Galea 205891 (M) ------------------------------------------------- Lecturer: Dr. Emanuel Camilleri Introduction The purpose of the following report is to aid
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LAWS OF MALAYSIA Act 276 Islamic Banking Act 1983 Date of Royal Assent Date of publication in the Gazette 9-Mar-1983 10-Mar-1983 An Act to provide for the licensing and regulation of Islamic banking business. PU(B) 182/1983 [7th April 1983] ARRANGEMENT OF SECTIONS PART I PRELIMINARY 1. Short title‚ commencement and application. 2. Interpretation. PART II LICENSING OF ISLAMIC BANKS 3. Islamic banking business to be transacted only by a licensed Islamic bank. 4. Minister may vary or
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