The results of coal mining are destroying the environment. Regulators are trying their best to get coal mining companies to put money aside to clean up the devastating mess they have made‚ so that the tax payers do not have an outrageous $1 billion bill to pay. Many companies claim that their cleanup plans are well funded‚ but many believe this to be false because the demand for coal is low and many companies still remain bankrupt. The biggest problem is with the business Alpha Natural Resources
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Even when preventive measures are taken‚ such as wearing a mask‚ it cannot prevent coal dust from entering the lungs. This has plagued coal miners for decades‚ “cases of black lung really began to decline in underground coal miners as part of the regulations that came about from the 1969 Coal Act‚ but over the past 5 to 10 years the cases of black lung have been on the rise” Mike Hockenberry (Mechanical Engineer MSHA). According to the National Institute for Occupational Safety and Health has reported
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IMPACT ACCOUNTING AND ENVIRONMENTAL ISSUES WITH REGARDS TO MINING ACTIVITIES THAT LED TO THE DISASTER FACED BY MINING INDUSTRY A thesis presented to the Faculty of Accountancy In partial fulfillment of the requirements in Synthesis By Ma. Lyn M. Gayem Mary Rose Dagasdas May 24‚ 2013 CHAPTER 1 PROBLEM Introduction of the Study Background Mining pertains to the process of extracting ore or minerals from the ground. Those minerals actually are natural substances usually comprising
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Use of Data Mining in Fraud Detection Focus on ACL Hofstra University Abstract This paper explore how business data mining software are used in fraud detection. In the paper‚ we discuss the fraud‚ fraud types and cost of fraud. In order to reduce the cost of fraud‚ companies can use data mining to detect the fraud. There are two methods: focus on all transaction data and focus on particular risks. There are several data mining software on the market‚ we introduce seven
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Human Resource Management Case Study: The Australian Cladding Company Question 1: ------------------------------------------------- What are the immediate and underlying problems facing ACC? Introduction In the case study‚ Jim Hackett (Jim) started the Australia Cladding Company (ACC) as the Managing Director in the year 1998‚ where new light weight and low cost house cladding product was created. From there‚ ACC grew rapidly and also supplied its products to other states and internationally
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Mearl oil company case review The case is about a manager environmental support system of Mearl Oil Company named Leslie Milne which noticed that there are serious potential environmental and health hazard problems in areas which industrial facilities were discharging wastewater into open ditches. According to this discovery‚ company made a memorandum of wastewater discharge‚ environment and health standard to all Mearl subsidiaries which were then called by Environmental Impact Targets (EITs)
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text mining? The main practical application of text mining in this case was CRM focused and dealt with the process of how HP employed SAS Text Miner to determine what its most valuable customers were discussing and then how to develop new customer service strategies based on the recurring themes extracted from text mining. In HP’s case they wanted to monitor public insights and opinions (i.e. review sites‚ blogs) and bring science to customer relationships. How do you think text mining techniques
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can see from their I/S (e.g. Sales and Net Income‚ etc.). However‚ as its business size grows‚ their A/R increased‚ which means that it is getting difficult to collect cash. On the other hand‚ A/P decreased for the same period‚ which means that the company paid cash for A/P‚ resulting in critical cash shortage. Furthermore‚ the A/P payment period is shorter than A/R collection periods‚ the company’s cash problem happens to be accelerated. (Exhibit 1) | 1993 | 1994 | 1995 | 1996 | CAGR | AR /
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Solution to Case 1 Cash Flow Analysis Signal Cable Company* * Note to Instructors: When assigning this case‚ inform the students that the firm’s stock price has recently dropped from $7 per share to $5.50 per share. Case objective: The objective of this case is to cover financial statement analysis and cash flow analysis‚ with a particular emphasis on liquidity and net working capital. Student Preparation time: Approximately 2 hours. Answers to questions: 1. Why has the stock price fallen
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Feasibility of fire-powered Coal Mining in Negros Nowadays‚ fire-powered coal mining here in Negros is not so feasible because of lot of people complaining with regards the harmful effects to human life and in our environment. We have known coal mining in Calatrava but unfortunately the operation is being suspended since it was raid by the NPA last June 2008. The resumption of the operation is not yet known until now. Another thing is‚ many of the activists are calling for help to stop mine operation
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