The Decline of Sparta in 371BC Sparta has been famous since antiquity for her military strength; indeed‚ it was believed by most Greeks that if Sparta rose against Attica‚ Athens would not be able to hold out for more than three years before surrendering. So‚ if Sparta was considered one of the strongest players in the classical world‚ why would she fall? The numbers of Spartiates have long been suggested as the main contributing factor in her decline. According to Plutarch‚ at the Battle of Leuctra
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the Decline of the Laptop Abstract On September 8‚ 2011‚ Gartner‚ Inc. lowered its forecast for personal computers for the remainder of 2011 and 2012. Based on the recent surge of tablet PCs‚ personal laptops are experiencing a decline as consumers hold onto their laptops longer or replace them completely with tablets. Increased mobility and a need for social media may be two of the forces driving consumers to choose tablets over laptops. This journal seeks to explain the decline in laptop
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Present value is where the value on a set date of a future payment is discounted to reflect the time value of money and other factors. This can also apply to a series of future payments. Present value calculations are commonly utilized in business and economics to provide a way to compare cash flows at different times. Present value can be described as the current worth of a future sum of money or stream of cash flows given a specified rate of return. (http://www.getobjects.com) Future cash flows
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EXECUTIVE SUMMARY The previous five years of the Professional Photography industry have demonstrated an overall decline. Having being driven down by the demand from advertising services‚ the effects of rising interest rates on real house hold disposable income and rapid growth in technology all played major parts in the performance of the Professional Photography industry. The industry is extremely large and highly competitive as there are low barriers in entering the photography‚ as well
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There’s been a lot of discussion over the years about the proper way to refer to someone with dwarfism. Many people who have the condition prefer the term "little person" or "person of short stature." For some‚ "dwarf" is acceptable. For most‚ "midget" definitely is not. But here’s an idea everyone can agree on: Why not simply call a person with dwarfism by his or her name? Being of short stature is only one of the characteristics that make a little person who he or she is. If you’re the
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THE VISIT OF THE SWAN | Make friends among people who are like you | | Once there lived a swan by the side of a big lake. The lake was situated in the middle of a dense forest. The swan was passing his days happily‚ until one day‚ an owl came there. He drank the water of the lake and started living there. "This is an isolated place‚" said the swan to the owl. "Besides‚ the lake goes dry during the summer season. It is better that you go to some other place to live in." But the
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For example‚ we are more accepting now of LGBT and gays. Moral is a lesson in which is determined what is right and what is wrong from personal experience‚ for example‚ I know that a big age gap in a non-adult relationship is wrong. In the article The Decline of Morality In Our Society‚ written by Pete Fisher‚ wrote about how in our society every year our morality is declining and we do not really realize
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smoothly with trade unions and their role until 1980s when a second recession took place. This recession brought in the picture changes in the economic‚ political and legal climate that shook the unions around the world. As Metcalf put the problem‚ the decline was ‘the result of a complex interaction between five factors: the macro-economic climate‚ the composition of the workforce‚ the policy of the state‚ the attitudes and conduct of employers and the stance taken by unions themselves.’ (Metcalf‚ 1991
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. To find the PVA‚ we use the equation: PVA = C({1 – [1/(1 + r)]t } / r ) PVA = $60‚000{[1 – (1/1.0825)9 ] / .0825} PVA = $370‚947.84 The present value of the revenue is greater than the cost‚ so your company can afford the equipment. 7. Here we need to find the FVA. The equation to find the FVA is: FVA = C{[(1 + r)t – 1] / r} FVA for 20 years = $3‚000[(1.08520 – 1) / .085] FVA for 20 years = $145‚131.04 FVA for 40 years = $3‚000[(1.08540 – 1) / .085] FVA for 40
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Book value: The book value of ordinary share is the net worth of a corporation less the par value of preference shares outstanding divided by the number of ordinary shares outstanding. Suppose the net worth of a company contains the following information viz; Preference shares (Rs. 100 per share): 1000000.00 Ordinary share (Rs.5 per share): 1500000.00 Share premium:
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