contents of a trading and profit and loss account and balance sheet for a selected company explaining how accounting ratios can be used to monitor the financial performance of the organisation . Profit and Loss account. The P&L will not tell you about the underlying health of the business‚ such as how much money it owes or is owed and what the value of its assets are. It shows how much money did business made in a year. It records two things sales and cost/turnover. The trading account shows
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Trading in Massively Online Game makes Real Money in Virtual World Kausar Ahmed MS Candidate University of South Australia May 22‚ 2008 Abstract This paper analyzes the issue of earning real world money from virtual world and the role of taxation on that income. Many virtual worlds have their own internal trade based economy similar to real world economy with its own currency acting as a medium of exchange. A huge virtual money flow in MMOG‚ so a virtual economic flow can be exist which can
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e A Critical Review of the European Union’s Emissions Trading: An Understanding from Concept to Reality The way in which Western‚ developed states have sought to deal with environmental problems‚ and particularly climate change‚ can be encapsulated within the ecological modernisation agenda; the notion of which implies that ‘market forces in partnership with an enabling state are seen as the means of achieving both economic and environmental objectives’ (Blowers 2000‚ p. 1). One could argue how
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Fact West Africa vs. Swahili City States From the 1st Century to the 15th Century‚ two specific African civilizations were rising up; these two civilizations consisted of West Africa consisting of Ghana‚ Mali‚ and Songhai and of the Swahili city states. When looking back at history‚ we can infer that West Africa and the Swahili city states contained many key events in history that set forward to make what we know present Africa to be today. Unlike its neighbors‚ these two areas were remembered
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Populism DBQ During the period of 1880-1900‚ farmers were facing many hardships. Financial issues were one of the main difficulties as well as long hours‚ droughts‚ insect plagues‚ and ranchers and cowboys. The farmers refused to back down without a fight. Farmers made valid complaints and expected something to be done about it. Their complaints weren’t being listened to and they took matter into their own hands. The Farmers Alliance was formed in the 1890’s to serve for needs of education‚ farming
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The importance of the alliance system that developed in Europe in the decades before World War I as a cause for it is still an important topic of debate and argument between modern historians. Some argue that the alliance system was a direct cause of the outbreak of war between all major countries in Europe while other historians prefer to state that the alliance configuration we observe before the war started was simply a symptom of the conflicts and disagreements‚ fears and envies that had been
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States whether it is high school‚ college‚ or a university have adopted the honor system. The honor system is sets of rules or principles that are intended to cultivate integrity. When this rule is enforced it is very useful in stopping practices like cheating‚ stealing‚ and plagiarizing. This system is very useful and should be established at all schools. The honor system reflects the image of the schools that have the system in place. The University of Virginia commit a saying to memory pledging to never
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much of it may turn the tables on you‚ and we can clearly see who becomes stronger and who weaker. The alliance system was a major component of World War I‚ and there were three main parts of this system the neutral countries‚ the triple alliance‚ and the triple entente. The alliance system rapidly escalated a strictly limited war between Austria-Hungary and Serbia. Why? Because what started with two countries turned out to be a full-blown war involving around eight countries. That quadruples the amount
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8.Discuss‚ with examples‚ the following statement:"the rise of regional trading blocs threatens the free trade progress made by the WTO." Regional trade blocs compete against each other. Free trade will exist within each bloc‚ but each bloc will protect its market from outside competition with high tariffs. Trade diversion occurs when lower-cost external suppliers are replaced by higher-cost suppliers within the free trade area. Eg. United States and Mexico set up a free trade area and imposed
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McKinsey & Company Insider Trading Scandal and Moral Hazard James Emmitt Assignment Wk. 3 – MBA 723 E1WW W15 Prof. Ed DeJaegher Jan. 26th‚ 2015 The recent insider trading scandal at McKinsey & Company in 2010 provides an excellent example of the impact of a morally hazardous culture and climate within the internal environment of the organization (Raghavan‚ 2014). In 2010‚ Dominic Barton‚ Managing Director of McKinsey‚ an 87-year-old global consulting firm with annual revenues in excess
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