own business. However‚ most economists believe it is more than that. (par. 1) To some economists‚ the entrepreneur is one who is willing to bear the risk of a new venture if there is a significant chance for profit. Others emphasize the entrepreneur’s role as an innovator who markets his or her innovation. Still other economists say that entrepreneurs respond to unsatisfied market demands by developing new goods or services. (par. 2) In the 20th century‚ economist Joseph Schumpeter (1883-1950)
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Chapter 1 BUSINESS COMBINATIONS Answers to Questions 1 A business combination is a union of business entities in which two or more previously separate and independent companies are brought under the control of a single management team. FASB Statement No. 141R describes three situations that establish the control necessary for a business combination‚ namely‚ when one or more corporations become subsidiaries‚ when one company transfers its net assets to another‚ and when each combining company
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The horror of female genital mutilation is a global issue‚ and it is also one surprising foreign to Americans although an estimated ten thousand girls in the United States are currently at risk of this operation (Sarkis par. 1). This is a cultural practice that is both unethical and incredibly detrimental to its victims besides obviously being in direct violation of basic human rights. In order to attain a broader view of this issue the following will be examined: basic information about this
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could allow an innocent person to be misidentified as a terrorist ("National Identification Cards" par. 55). Another scenario might involve the challenge a biometric identification card provides to sophisticated terrorists. Maryfran Johnson‚ editor of Computerworld‚ predicts that the card will not deter terrorists‚ but she “expects them to rise to the challenge” ("National Identification Cards" par. 51). The terrorists’ attacks of September 11‚ 2001‚ expose the major limitation of the proposed national
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MEMOIRE DE FIN D’ETUDES AUDIT DES STOCKS DANS LE SECTEUR DE LA DISTRIBUTION DU GPL DEDICACES Je dédie ce présent travail de recherche A mes chères parents‚ à mes chères grands-parents‚ à mon frère Hicham à Monsieur Biad et à la bibliothèque de l’ISCAE. JUIN 2005 -1- MEMOIRE DE FIN D’ETUDES AUDIT DES STOCKS DANS LE SECTEUR DE LA DISTRIBUTION DU GPL REMERCIEMENTS Au prime abord je tiens à présenter un grand hommage à la personne de Mr M. A. EL MACHAT‚ l’associé principal du cabinet
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purchased land for cash appear‚ if at all‚ on the indirect statement of cash flows? A. Operating activities section B. Investing activities section C. Financing activities section D. Does not represent a cash flow 7. Dawson Company issued 500 shares of no-par common stock for $4‚500. Which of the following journal entries would be made if the stock has a stated value of $2 per share? A. Cash ...........................................................
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To justify this statement observe Chadwick’s report‚ where he also says the diseases were caused by “atmospheric impurities produced by decomposing animal and vegetable substances‚ by damp and filth‚ and close and overcrowded dwellings” (Chadwick par 1). In fact‚ there were two major diseases that prevailed in the housing district. One of those diseases being cholera; the source of the cholera outbreak originated within contaminated water. This infection of the small intestine usually caused its
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of herbs and leaves (Miller par. 2). The textile industry began as a cottage industry. For the Industrial Revolution between the 17th and 19th centuries‚ textiles became an industrial practice. From this revolution‚ a series of inventions are created for the industry. The first invent for this time‚ was the flying shuttle. John Kay created this machine on 1733‚ it allowed double the capacity of weaving and spinning process was performed with a spinning wheel (Solarte par. 1-2). While the textile industry
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this intrigues the reader to keep on reading the article because they automatically assume that it will be funny and interesting. A different way that Barry uses humor is when he says “…and appliances will be ‘smarter than most of their owners.’” (par. 2). Barry uses this example to remind us as readers that we truly might have lost our ability to think by ourselves and rely too much on our “smart” appliances. Barry uses the tactic of humor throughout the article to keep the reader intrigued by
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Bond Practice Problems II 1. Seven years ago your firm issued $1‚000 par value bonds paying a 7% semi-annual coupon with 15 years to maturity. The bonds were originally issued at par value. a. What was the original yield to maturity on the bonds? They were issued at par…so the YTM = Coupon rate: 7% b. If the current price of the bonds is $875‚ what is the yield to maturity of the bonds TODAY? 1000 FV .07(1000)÷2= PMT (15-7)*2 = N -875 PV I/Y = 4.623*2 = 9.25% c. If the yield
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