Using Modified Altman‚ Chanos‚ Beneish; Examine Enron Corporation for 1997‚ 1998‚ 2000 & 2001 show as to how early financial fraud could be identified Introduction The history of Enron corporation can be traced to the 1930s when the Northern Natural Gas Company‚ was formed in order to transport and market gas. The company formerly known as Northern Natural Company changed several times‚ as it made significant transformations in portfolio of its business activities and name. In 1980‚ Northern
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Summary of Chapter 4 of “The Norton Field Guide to Writing with Reading” In chapter 4 of “The Norton Field Guide to Writing with Reading”‚ Richard Bullock and Maureen Daly Goggin‚ The author informs students on how to succeed in college. Student should put in effort into their academics and be engage. They should find the reason they’re in college. They should do multiple things for a subject to stay focus and retain more information. When in class students should raise their hands if they don’t
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In 1998 France was awarded the right to host the world cup‚ the world’s largest and most important soccer tournament. As the host of the world cup‚ it naturally helped boost up the economy‚ by accommodating tourists‚ creating new jobs‚ selling merchandise‚ etc. People tend to spend more on hotels‚ meals‚ and of course alcohol.[6] In preparation for the event France spent billions of Euros on infrastructure projects.[7] Many economists believe success in a world cup can boost a country’s economic
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In this assignment‚ I was tasked with looking through data for various sites and interpreting it to determine when species that inhabited each site. The three sites I interpreted included the Harley site‚ Rio Honda‚ and the Norton site. Through this data‚ I was able to determine when each species inhabited the sites and when humans inhabited each site. The species that can be seen at the Harley site include hickory‚ deer‚ mountain sheep‚ antelope‚ bison‚ and blackberry. There were several thousand
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PTLLS L3 Assignment 1 Out Come 2 Understand the relationships between Teachers and other professionals in lifelong learning. C Summarise own responsibilities in relation to others professionals: At sense we keep quiet a few records‚ records at Sense are made in order to provide evidence that learning and teaching is taking place. This provides data that are used for evaluating that the budget is being spent wisely and as intended. It serves as a focal point for all organisations in case there
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BP and Consolidation of the Oil Industry‚ 1998-2002 Executive Summary BP should sell its business and start a new business‚ a clean energy production‚ because it would lose profits from oil supply. Oil industry had not developed in perfect competition; oil price was easily controlled since oil industry was oligopoly‚ many consumers exist and the government protected oil industry from competition. However‚ oil industry is facing perfect competition; oligopoly formation of oil industry
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Task 4 The Data Protection Act 1998: The Data Protection Act is made for the safety of people’s personal information‚ this means that ecommerce businesses or businesses as normal must keep their customers information safe and not use it for wrong reasons such as sharing their personal information. So this means that this rule must also go with West London Watches‚ they must follow this rule to. Businesses and organisations are allowed to use their customers information is some ways but there are
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Identify the main factors that led to the collapse of the Thai baht in 1997. An export fed growth spurt spurred on huge investments in property. This in turn increased property values. An already stressed stock market was further weakened by the collapse of Thailand’s major bank (Finance One). This coupled with the unsustainable peg on the baht to the dollar contributed to the collapse. Do you think the sudden collapse of the Thai baht can be explained by the purchasing power parity theorem? The
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Data Protection Act 1998 The Data Protection Act is a law designed to protect personal data stored on computers or in an organised paper filing system. This would impact Drayton Manor as if Drayton Manor processes any data related to a living and identifiable individual‚ then they have an obligation under this act to protect that information. This act applies to all manner of information (including both paper files and electronic documents) and may result in criminal or civil penalties if Drayton
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Children’s Online Privacy Protection Act of 1998 “This legislation grew out of the fact that by 1998 roughly ten million American children had access to the Internet‚ and at the same time‚ studies indicated that children were unable to understand the potential effect of revealing their personal information online and parent failed to monitor their children’s use of the Internet.” (Koby) Due to the technology available today children of all ages have access to the internet. In the 1960’s the
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