of time for their offenses. Their levels of security and prison design are more intense than the minimum security prisons. The effectiveness of prisons has decreased due to progressive overcrowding‚ and the lack of conclusive alternatives. The need for alternatives has grown immensely over the last decade. Nonetheless‚ the State and Federal governments are desperate for competent‚ less expensive solutions. Costs of keeping a prisoner imprisoned vary among states and facilities. Each prisoner
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PRACTICE PROBLEMS - EQUITY: Problem 1: The equity section of ABC Company’s balance sheet as of January 1‚ 2014 is presented below: Common Stock($0.5 par)$ 100‚000 Additional Paid-In Capital$ 2‚000‚000 Treasury Stock($ 500‚000) Retained Earnings$ 1‚000‚000 Total Equity$ 2‚600‚000 Note that all paid-in capital accounts are tracked in the single “Additional Paid-In Capital” account listed on the balance sheet. ABC Company recorded net income of $120‚000 in 2014. It neither declared nor paid
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1. What is a share? (1 mark) 2. Identify two advantages of a private placement of shares as compared with a public issue. (1 mark) 3. The shareholders of Quinninup Ltd hold 25 000 A class ordinary shares‚ fully paid at $4.50 each. On 17 April 2012‚ the company directors voted to make a 1 for 5 rights offer to these shareholders. The additional shares were offered at $1.75 each‚ payable in full one month after acceptance. The offer closed on 31 May 2012 with 90% of the shareholders accepting.
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Litigation and Alternatives America has come a long way since the American colonies settled from where humanity was to where humanity is now. We did not have the law system that we have now and issues were unresolved that turned into chaos. From law courts‚ chancery courts‚ to merchant courts‚ there are several categories of courts. Those that we separate are Federal and State Courts. Federal Courts take over foreign and interstate commerce that entail of U.S. District Courts‚ U.S. Court of Appeals
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Overview of the Chapter Current and Noncurrent Liabilities Lease Obligations Pension Liabilities Contingent Liabilities & Commitments Deferred credits or income Off-Balance-Sheet Financing Liabilities at the Edge of Equity Equity Financing Book Value per Share Analysis of Liabilities Areas of observations: We need to make sure that companies account for all of them with proper details as to their amounts‚ due dates including conditions‚ encumbrances and limitation Most
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wrong. It is one of the equitable maxims that ’Equity looks to the intention and not the form’ which stands that it is fair to look at the intention rather than the fact they got the formalities wrong. This maxim was shown in the case of Berry v Berry (1929) where a deed was held to have been altered by a simple contract which is not possible in common law. However‚ equity decided that it is allowed with the presence of intention. The flexibility of equity had provided much more fairness and justice
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Government Grants for Alternative Energy Research Jon Smith ENG 122 (ABE1135R) Mrs. Jane Smith 8 October 2010 Government Grants for Alternative Energy Research Energy sources play a crucial role‚ affecting just about every activity that societies do in every country around the globe. The role in the economic development of a region or country does not need emphasis; because of the greater effects‚ it exercises a huge influence. It is the
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outgrowing debt problem‚ whether it’s public debt or a personal debt‚ It’s a cause for serious attention that it doesn’t seem to get. According to CareOne Service’s first “State of Debt Ranking” report‚ which the debt relief company released in early February‚ shows that the average American debt is more than $10‚000. The good news is that there’s not some magical‚ mystical formula to good debt management. The solution is common sense and having a plan for your total money makeover. Good debt management
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Is alternative medicine effective or ineffective? Since the beginning of time there have been various cultures that have counted on what modern Western physicians refer to as alternative medicine. Before modern Western medicine became what it is today every illness was treated by some sort of natural remedy or alternative medicine. The debate still continues today whether or not alternative medicine is effective or if they are temporary solutions that will eventually lead to a turning towards Western
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Lee Corporation Equity Scenario Income B-4 Taxes Tax Expense (40%) Net Income 240‚000 96‚000 144‚000 NOTE: adjustments to error corrections are always after tax (AT). JE’s needed: DR Retained Earnings Accumulated Depreciation 15‚000 15‚000 CR Retained Earnings Inventory 21‚000 21‚000 Dividends (Retained Earnings) Cash Dividends Payable 100‚000 75‚000 25‚000 Lee Corporation Retained Earnings Statement for the year ended December 31‚ 2007 January 1‚ as reported Correction for depreciation
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