prioritize your thoughts. What are the most positive aspects of this option‚ and what are the biggest drawbacks? The option 1 looks at getting a loan of 4 billion from a consortium of bankers including J.P.Morgan with whom Merit has good business relationship and has served Merit with its short term as well as long term funding requirements in the past. The pros of this option are * The well established relationship between J.P.Morgan and Merit will facilitate ease of transactions and negotiations
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Merit and demerit goods Merit goods Merit goods are also things that are ’good’ for you‚ but unlike public goods they can be provided privately. The problem is that if they are provided solely by the private sector then they tend to be under-consumed‚ so‚ again‚ the government has to step in to correct the market failure. The best two examples are health and education. Both of these goods can be provided privately. Some of you may be at a private school (or independent school‚ as they are called)
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Practice Paper by FCA Kamal Garg [www.kgma.in] 1. (a) As a Statutory Auditor‚ how would you deal with the following? Mr. Rajesh is appointed as the auditor of NOIDA Travels Ltd. with audit fees of Rs. 35‚000. He purchased air ticket from Delhi to Kolkata and back for Rs. 18‚000 from the client for his personal work and the amount remains unpaid at the end of the year as it is a general practice of the client to give credit to all. Mr. Rajesh claims that he does not incur any disqualification as contained
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What are the Merits and Demerits of internet Merits • Shopping: Along with getting information on the Internet‚ you can also shop online. There are many online stores and sites that can be used to look for products as well as buy them using your credit card. You do not need to leave your house and can do all your shopping from the convenience of your home. • Online Chat: There are many ’chat rooms’ on the web that can be accessed to meet new people‚ make new friends‚ as well as to stay in
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Merits and Demerits of Shakespeare In Preface to Shakespeare‚ Johnson has shown the merits and demerits of Shakespeare based on the plays he has edited. Here he gives the readers some sound ideas about the virtues and faults of Shakespeare. That Shakespeare’s characters have am interaction with nature and that his works have a universal appeal are the major assertions of Johnson in favour of Shakespeare’s merits and what he says about the demerit of Shakespeare is that Shakespeare tries more to
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The Merits of Environmental Uncertainty People are creatures of habit and have a need to know what the world has in store for us. We plan every aspect of our lives from what we will eat later in the day to what we will be doing 40 years from now when we retire. The business community is no different and seeks to plan and predict what the future will hold in terms of their success. We are at a point in time in which there is a great amount of uncertainty in the business community. Investors
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Energetics Practical 2: To Determine the Enthalpy Change of a Reaction Background Calcium Carbonate‚ CaCO₃‚ decomposes with heat to form CaO and CO₂. The objective of this practical was to determine the enthalpy change for this reaction by using an indirect method based upon the foundation of Hess’ Law. Both calcium oxide and calcium carbonate react readily with 2 mol/dm3. The reaction can be demonstrated as so: CaCO₃ (s) -> CaO(s) + CO₂ (g) Results: Raw Data Calcium Carbonate Mass of CaCO₃
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Plea Bargains and Mandatory Sentencing I would like to take this time to explain my position on Plea Bargains and Mandatory Sentencing. I will show both pros and cons for each topic‚ as well as give you my personal brief on which one I support. There are two types of plea bargains : The first one is a charge bargain. When the prosecutor allows a defendant to "plead guilty to a lesser charge"‚ or to only some of the charges that have been filed against him. For example‚ a defendant charged
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The Reality of Reality TV “Re-al-i-ty‚ noun‚ the state or quality of being real.” ("Reality - Definition and More from the Free Merriam-Webster Dictionary." ) Reality television has been an important component of our culture since Candid Camera in 1948. The drama‚ excitement‚ anxiousness‚ competition‚ and celebrities who have come out of Reality TV are what keeps viewers watching. The positive and negative opinions of critics and the controversies generated are countless‚ as well as the number
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Practical Economics Read “ Chalice and the blade “ HW: TOP HDI: 1. Norway 2. Australia 3. Netherlands 4. US Bottom HDI: 1. Mozambique 2. Burundi 3. Niger 4. Congo Article = The euro-zone crisis Time to celebrate? Government-bond markets in peripheral countries are soaring Jan 19th 2013 |From the print edition THE squiggles on traders’ screens showing changes in the prices of government bonds are the closest thing that financial markets
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