believes the likelihood of default is remote and the bank has no relationship with the lessor. Provision 3: The lease agreement states that Big Bear’s annual lease payment must be $1 million per year and it is increased (but not decreased) by the same rate increase in the Consumer Price Index (CPI). These increasing levels of payments are ratably over 12 months at the beginning of each month. The annual increase in CPI is four percent in
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within maintaining the integrity of the profession; * Having in place a robust disciplinary system for those who fail to comply with this standards BY-Laws; * To enhance the status of members. Question 2: Briefly explain the following users of accounting information: Question 2(a): Shareholders (2marks) Answer 2(a): Any person‚ company‚ or other institution that owns at least one share in a company
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Advantages and disadvantages of living in the countryside Privacy If you like privacy‚ living in the country works well -- particularly if your home is situated in a remote area and you don’t have neighbors for miles. This also provides solitude. Less Pollution The countryside is generally quiet and peaceful -- certainly not as contaminated with toxic pollutants as the city. There isn’t as much traffic or smog or pollution from industry. Ecologically speaking‚ the advantages to living in the
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American Obesity Rises The obesity rate in America has increased tremendously within the past 20 plus years. People have become more comfortable being heavier than the average. Society tries to enforce the idea of “slim” being “in”‚ while somehow contradicting itself by saying being comfortable in your own skin. The obesity rate in America has increased because of cultural changes‚ lifestyle habits‚ and genetics. Over the past 20 years‚ American culture has changed as a whole. Working men and
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The purpose of this practical is to investigate how the pulse rate of humans changes when they exercise. Someone who is physically fit can supply their muscles with enough blood‚ carrying glucose and oxygen‚ for an activity at a lower heart and breathing rate. The fitter you are the lower your resting heart rate. You and your classmates will be the humans investigated. SAFETY: If you know you have any condition that affects you doing exercise‚ please make sure your teacher knows before you start
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The advantages and disadvantages of living in a block of flats To begin with‚ it is said that living in a block of flats is very uncomfortable but many people do not agree. With such view a block of flats helps to find a lot of friends and deepen our communication skills. So what are the advantages and disadvantages of living in a block of flats? One the one hand‚ living in a block of flats is advantageous for many reasons. Firstly‚ people who live in a block of flats are friendlier than people
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to build communities there must be many permits and approvals attained. Time delays in obtaining these permits and approvals create another business risk for Toll Brothers. Toll Brothers also has to worry about their interest rate on their credit facility‚ at any time the rate can increase. Also‚ with this economic downturn‚ many people aren’t in a good financial position to purchase luxury homes‚ which could greatly affect Toll Brothers. Toll Brothers also have uncertainty in terms of their recorded
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Chapter 5: Flow Rate and Capacity Analysis 5.1 Objective Chapter 3 introduced the three basic building blocks of process flow namely the (average) flow time‚ (average) flow rate and (average) inventory. It is followed by a sequence of three chapters‚ 4‚ 5 and 6‚ which examine each one of these measures individually. Chapter 5 is concerned with flow rate analysis and issues of capacity. The major managerial concept discussed in the in the chapter is that of the bottleneck. We use the notion
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Computers in accounting Uses and advantages and disadvantages of computers in accounting Traditionally accounts were kept by the means of handwritten record. Computers have only begun to be used in some of the functions of accounting over the last fifteen years or so. As computers became cheaper‚ easier to use‚ and more powerful‚ more firms have decided to computerise their own accounting records. However‚ some firms‚ (albeit a declining number) still prefer to use handwritten accountings. This leads
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Rate of Osmosis vs Solute Concentration Introduction: In nature‚ the quest to reach equilibrium‚ or the state of rest or balance due to the equal action of opposing forces (http://www.dictionary.com). Osmosis and diffusion are two ways that cells reach this equilibrium‚ without exerting energy. Due to the unique nature of the phospholipid bilayer‚ small molecules can pass through the semipermeable membrane easily‚ through diffusion (https://www.biologycorner.com). Water‚ however‚ has a slightly more
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