ENGLISH HORNBILL Q&A THE PORTRAIT OF A LADY by Khushwant Singh Q.1: Mention: Three phases of the author’s relationship with his grandmother before he left the country to study abroad. Answer: The first phase of the author’s relationship with his grandmother is the author’s childhood when they lived together in the village. They enjoyed intimate relationship and were good friends. His parents left him with her and they went to live in the city. They were constantly together. She used to wake
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The financial institutions can scarcely be regarded as a form of innovation. Certainly its tradition virtue and recognized ways of doing business have been a source of pleasure to the sector (Bradley‚ L et al‚ 2003). There are different types of financial institutions. Generally speaking‚ financial institutions are ranked by their capitals or assets. According to the categorization structure of “Istward and Holland”‚ banks with capital less than US $40 billion are measured as small banks; those with
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Chapter 1 Preliminaries Questions for Review 1. It is often said that a good theory is one that can be refuted by an empirical‚ data-oriented study. Explain why a theory that cannot be evaluated empirically is not a good theory. A theory is useful only if it succeeds in explaining and predicting the phenomena it was intended to explain. If a theory cannot be evaluated or tested by comparing its predictions to known facts and data‚ then we have no idea whether the theory is valid. If
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Introduction The idea of building windmill can easily be traced back to the ancient trend of mankind to use the force of nature for our benefit. The basic principle of a windmill is to rotate large turbines when the wind blows and use that energy to produce electricity. The mechanical energy that is created from the rotation of the turbines is converted to electrical energy and stored for later use. There is some initial cost of setting up the windmills and after that it’s like free energy
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Problems Q.1 Consider a five-year coupon bond with a face value of $1000 paying an annual coupon of 15%. (i) If the current market yield is 8%‚ what is the bond’s price? (ii) If the current market yield increases by 1% what is the bond’s new price? (iii) Using your answers to part (i) and (ii) ‚ what is percentage change in the bond’s price as a result of 1% increase in interest rates. Q.2 Consider the following FI balance sheet: M. Match Ltd Assets | Liabilities | 2 –year Treasury bond
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1. Haar Inc. is a merchandising company. Last month the company’s cost of goods sold was $61‚000. The company’s beginning merchandise inventory was $11‚000 and its ending merchandise inventory was $21‚000. What was the total amount of the company’s merchandise purchases for the month? A. $61‚000 B. $51‚000 C. $71‚000 D. $93‚000 Purchases = Cost of goods sold + Ending merchandise inventory - Beginning merchandise inventory = $61‚000 + $21‚000 - $11‚000 = $71‚000 2. Gabruk Inc. is a merchandising
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1. Which of the following is a financial asset? An experienced and hardworking sales force. A trademark A bank loan agreement [correct] Undeveloped land 2. Capital structure refers to the mix of a firm’s long-term debt financing and equity financing. Suppose that a firm has $4 billion debt. The market values the firm’s 100 million (equity) shares at $60 per share. Earnings per share is $5. Dividend per share is $1.What is the fraction of equity in the firm’s capital structure? 40% 60% [correct]
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GREE‚ Inc. http://www.casehero.com/gree-inc/ In 2012‚ GREE Inc. was among the world’s most lucrative mobile social gaming companies. Its success in Japan was due both to the in-house games and also to the development platform it provided to third-party game designers. Its greatest challenge ended up being to replicate the prosperity of this two-pronged strategy in marketplaces around the globe‚ where it needed to contend not only with lots of other game developers (e.g. Zynga)‚ but additionally using
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Answer Questions: 1. Was the suspension fair? The suspension was fair. -joan has acted improperly many a time. -joan has not arranged alternatives for repeated personal problems. ----------------------------------- 2. Did Joan act responsibly? -joan has not acted responsibily many a time. ------------------------------------- 3. Should she be fired? -this is a commercial business house ‚ who have a responsibility to the customers and stakeholders. Hence joan
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CHAPTER 3 COSTS CONCEPTS and CLASSIFICATION [Problem 1] 1. Direct labor P10 Variable factory overhead 15 Fixed factory overhead 6 Unit conversion cost P31 2. Direct materials P32 Direct labor 10 Unit prime cost P42 3. Unit prime cost P42 Variable factory overhead 15 Unit variable cost P57 4. Total production cost (12‚000 units x P63) P756‚000 [Problem 2] 1. Indirect materials and factory supplies P 68‚000 Supervising salaries
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