4. In order to incorporate fractional-year time periods within the payback framework‚ an important assumption that was made is that the timing of cash flows is assumed to be evenly distributed within the year. For instance‚ a 3.25 payback period indicates that the initial investment would be recovered by the first quarter of year 4. This is assuming that the net cash flow in year 4 is not received by the third quarter of the year in lump-sum (in which case‚ the correct answer would be 3.75) or assuming
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The Interstate Commerce Act was passed in 1887‚ beginning a shift towards federal rather than the state regulation of big business. After the Interstate Commerce Act‚ the Sherman Antitrust Act was passed. It was the first measure passed by the U.S. Congress with the intention of controlling business and prohibiting trusts. The Sherman Act was the basis for the antitrust policies and laws created by the Progressive Party. During the Progressive Era‚ Congress created the Bureau of Corporations
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revolution:19th-20th centuries Throughout history‚ the medical innovations made have changed how we did and saw things when it came to our medical needs. In the hundreds of years‚ people have discovered many details vital to our survival and maintaining a healthy and knowledgeable lifestyle. The medical revolution was different depending on where you lived and the resources available. In the 19th century the “medical developments” were a “continuation from the the 18th century (Lyons‚ S.
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Westward Expansion was one of the most defining themes of the 19th century. When evaluating the effects of the American Expansion in the United States‚ Mexico‚ and Spain‚ Americans had the ideal idea that they should be able to spread their colonies westward. The Americans called this god given right Manifest Destiny. This led to conflicts of war in which America became a great imperialistic powerhouse. This caused a lot of controversy between the different colonies and there were many effects negatively
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jobs and money from the kings‚ what the kings got from them was support. However‚ the relationship they had with each been at sometimes was strained between them. One of the states that were created in the early modern period that served the interest of the nobles was‚ France. France had a relationship with the nobles didn’t start out very well between
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The 19th century was a time in history when many new things were happening in the United States and medical marvels happened often. The south was a place specifically prominent where social standings were how people were judged and how one was were treated by people. While mental illnesses have been around forever‚ the treatment of them‚ medically and socially‚ has changed drastically over time. In a “Rose For Emily” William Faulkner tells how the community that Emily Grierson lives in did not speak
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Wollstonecraft‚ Elizabeth Barrett Browning‚ and Emily Dickinson who expressed themselves in ways comparable and exceeding men during the 15th centuries to the 20th century. Women’s roles varied throughout the different centuries building up to our current day. Literature allowed women to express themselves and share their stories. For example‚ prior to the 15th century and Margery Kempe’s work‚ Marie de France
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Throughout all of the 19th century‚ European countries were scrambling to obtain more power than each other by taking land‚ especially from Africa and Southeast Asia. These two areas were geographically the most convenient for Europe‚ as well as having incredible amounts of raw materials‚ resources‚ and territory. Assets unavailable in Europe were plentiful in these areas‚ which interested Europeans in the profitable trading opportunities that these supplies presented themselves with. This expansion
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Philip‚ the historic convoy‚ which later became known as the First Fleet‚ carried officers‚ crew‚ marines and their families‚ and convicts from Britain to a distant and little known land on the far side of the world. Around the end of the eighteenth century‚ English towns and cities were overflowing with people‚ many of whom could not find work. Stealing and other criminal activities resulted and became a way of life‚ taking the place of work. The British government had no choice but to issue more policemen
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development of the transport industry in the 19th century. These travel documents were required for the successful running of this particular industry as everything must be tracked and timed from the timetables to the tickets. Things in Europe were picking up and industries previously made to aid easier living like factories for medicine were inspiration for the production of new items for the greater public and also increases in economy. Many of this centuries new commercially demanded products were
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