SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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DISADVANTAGE OF EXTRACURRICULAR… Students have a variety of extracurricular activities to choose‚ from speech team to chorus to multiple sports for every season. This variety can benefit students immensely. According to the children’s education company Scholastic‚ extracurriculars let your child enjoy himself in a fun‚ stress-free environment‚ get some exercise and make friends outside of school. For all the positive aspects‚ extracurricular activities can cause some problems for students. Be
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professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong
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Effects of Grade Inflation Grade inflation has and continues to effect the nation. Year after year we see many students graduating with high grades but few with average grades. Our group of high achieving students has suddenly disappeared. In this day and age the key to success is a proper education. At least that is what we have been taught since we started first grade. Why is there a dramatic change in our country’s
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people in the society‚ especially youths. Many of the youth uses internet computers to watch destructive programs stored in the computer. Also some People can use computer for a long time‚ without protection people can suffer eyes problem The disadvantages of computer in human life. As we see above‚ we got many advantages of Computer in Human Life. But‚ the computer also has its negative side. The rise of cyber crime‚ the use of chat rooms for indecent discussion‚ certain websites‚ which deal in
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Inflations means paying more for goods than what you were paying earlier. Not only essential goods see a hike‚ non-essential items like cigarettes etc would also cost more. In other words inflation makes a hole in your pocket. The rents have shot high‚ necessary commodities cost more than usual and thereby savings is affected.In direct words Inflation brings no gain to common man except for few hoarders and investors. Inflation enriches fewer while impoverishing more. They say a little bit of
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The SAT test was originally called the Scholastic Aptitude Test‚ then the Scholastic Assessment Test. The name was formally changed in 2004 to the SAT Reasoning Test‚ although it is still commonly known simply as the SAT. It is the oldest and most widely used standardized admissions test in the United States. It measures reading‚ writing‚ and math abilities‚ as well as problem-solving skills. The SAT has undergone many revisions during its history‚ but it is currently composed of three main sections:
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Double Taxation Double Taxation: Depending on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed
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Federal Reserve Bank of Cleveland Inflation‚ Banking‚ and Economic Growth by John H. Boyd and Bruce Champ B y now‚ everybody knows inflation is bad. Hyperinflations—when inflation rates are extremely high—are the horror stories‚ but few doubt the harmful effects of inflation rates in the teens either. Over the past several decades‚ central banks around the world have been pretty successful at dramatically lowering inflation rates. Can we now stop worrying about inflation? Probably not. There is good
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Causes of Inflation in the Iranian Economy Hamed Armesh*‚ Habibollah Salarzehi**‚ Noor Mohammad Yaghoobi***‚ Alireza Heydari**** It is clear that in the nearly last four decades inflation is one of the important problems of Iranian economy. In this study‚ we determine and analyze the effective factors on inflation in the Islamic Republic of Iran. After briefly reviewing the theoretical background‚ we use econometric method‚ such as the Ordinary Least Squares (OLS)‚ to study causes of inflation Iran
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