institution for the mobilization of finance from the surplus sectors to the deficit sectors. The development of capital market in Nigeria‚ as in other developing countries has been induced by the government. Though prior to the establishment of stock market in Nigeria‚ there existed some less formal market arrangements for the operation of capital market. It was not prominent until the visit of Mr. J. B. Lobynesion in 1959‚ on the invitation of the Federal government‚ to advice on the role the
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Why Invest at all? Why invest? This came to me sometime in late 2004/early 2005 as I strongly felt the need for making my money work better for me. We were blessed with twin daughters‚ and full of hopes and dreams. I was transforming to become more financially responsible and aware. No one needed to educate me on why invest‚ as I suddenly realised that to achieve these dreams‚ I needed to shed a bit of my happy-go-lucky attitude and set longer term financial goals. And to achieve these financial
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called seafloor spreading. The most common processes occurring along divergent boundaries are volcanism and earthquakes. Many divergent boundaries are formed when a continent rifts apart and a midocean ridge forms between the two halves of the continent. Fault bounded rift valleys form at the edges of the continents that fill rapidly with relatively immature sediment and form rocks like arkosic sandstone and shale. These deposits‚ called red beds‚ are characteristic of the continental margins in divergent
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price—of a stock depends on the volatility of the stock market in general. For example‚ consider the following variables pertaining to Amazon stock: AMZN = the fractional change in the price of Amazon stock on a day‚ MKT = the fractional change in the market on that same day. The data file Amazon.xls contains 503 historical values of these two variables; thus‚ for example‚ the first value of 0.005193 for AMZN and −0.01003 for MKT means that‚ on that particular day‚ the price of Amazon stock increased
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Poverty should be fixed Poverty is one of the most serious issues in the world. When one drives around Los Angeles‚ the person can easily find homeless people who beg for money on freeway off ramps or look for food in garbage cans. People should not neglect them being on the streets because it is unsafe and unclean. The rate of poverty consistently increases every year. Shah states “According to UNICEF‚ 22‚000 children die each day due to poverty. And they ‘die quietly in some of the
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This fixed asset will give insight for Longhaul Carriers‚ owned by Jimmy Mavela. Longhaul Carriers is a transport company that transport goods between Durban and Johannesburg. The company has three heavy-duty trucks and employs three drivers who either work day or night shifts. This report will cover fair remuneration for drivers‚ working hours‚ maximise earnings‚ profitability and effective control for the future of Longhaul Carriers. Fair remuneration for drivers Calculations:Drivers remuneration
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The Stock Market Do you think if your personal finance are affected and thousands of company’s shares traded because of the New York Stock Exchange? The biggest stock market in the world Billions of dollars pass from hand to hand every single day in this establishment. Two hundred years ago in front of Trinity Church in East Manhattan‚ the foundation of the New York Stock Exchange has started out. Recurrently owning shares in cargo was coming in on ships everyday for silver traders after the
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96 Accounting Standard (AS) 10 Accounting for Fixed Assets Contents INTRODUCTION Definitions EXPLANATION Identification of Fixed Assets Components of Cost Self-constructed Fixed Assets Non-monetary Consideration Improvements and Repairs Amount Substituted for Historical Cost Retirements and Disposals Valuation of Fixed Assets in Special Cases Fixed Assets of Special Types Disclosure MAIN PRINCIPLES Disclosure Paragraphs 1-6 6 7-17 8 9 10 11 12 13 14 15 16 17 18-37 37 134 AS 10 (issued
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Value Stock vs. Growth Stock September 14‚ 2013 Growth and value are styles of investing in stocks (Emerald‚ 2013). Analysts commonly classify companies with low market-to-book ratios as value stocks‚ and firms with high market-to-book ratios as growth stocks (Berk & DeMarzo‚ 2011). Neither approach is certain to give appreciation in stock market value; both carry the possibility of risk. The return
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ability change what we think about ourselves. There are two types of mindsets‚ a fixed mindset and‚ a growth mindset. Our mindsets change if we want them to. We need to be aware of the thoughts we have about ourselves. What does your inner voice sound like? If you are negative in your thoughts about yourself
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