Lawrence’s new revenue projects are used? • likely generate operating income of just $17.5 million per year ROI for MIP with new figures = 17.5 million / 140 million = .13% Elaine feels pressure to deliver “good news” to Blake. What advice would you give to her? Given the possible personal financial rewards that Elaine may enjoy if GSM goes public‚ would your advice change? The truth in the figures is exactly what Elaine should be showing to Blake. Although the numbers are less than satisfactory
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Globalization and Anti-Globalization: An Indian Perspective If one is going to talk about globalization‚ the term globalization must be defined. That’s the easy part. Globalization is defined as free cross-border flow of goods‚ services‚ capital‚ labour‚ information‚ ideas‚ intellectual property. Everything in fact. Defined thus‚ globalization is more than mere trade reform. Globalization has a descriptive component‚ as well as a prescriptive one‚ with the latter more important
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The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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transitions from topic to topic. His main focus was the basic building block of all matter: the tiny atom and how it makes YOU. Those simple particles‚ bonded together in such a unique way that it can only create one individual: You. The author says‚ "To begin with‚ for you to be here now trillions of drifting atoms had somehow to assemble in an intricate and intriguingly obliging manner to create you. It’s an arrangement so specialized and particular that it has never been tried before and will only exist
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TERMS AND CONCEPTS TO DEFINE Allusion- An allusion is reference from one literary work to another. Most people use allusions in every day conversations‚ although they may not be aware of it. For example‚ Shakespeare’s famous line‚ “To be or not to be” has been used and reused in many different contexts. An example of an allusion from Week one’s reading assignments comes from The Hack Driver by Sinclair Lewis. During the story‚ the author makes reference the express man. He comments on how this
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Accounting concepts and conventions [pic] Going concern This concept is the underlying assumption that any accountant makes when he prepares a set of accounts. That the business under consideration will remain in existence for the foreseeable future. In addition to being an old concept of accounting‚ it is now‚ for example‚ part of UK statute law: reference to it can be found in the Companies Act 1985. Without this concept‚ accounts would have to be drawn up on the ’winding up’ basis
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conservation Prudence concept: revenue and profits are included in the balance sheet only when they are realized(or there is reasonable ’certainty ’ of realizing them) butliabilities are included when there is a reasonable ’possibility ’ of incurring them. Also called conservation concept. Du Pont analysis A type of analysis that examines a company ’s Return on Equity (ROE) by breaking it into three main components:profit margin‚ asset turnover and leverage factor. By breaking the ROE into
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We will now attempt to define and explain the concept of recovery briefly. "Recovery is a way of living a satisfying‚ hopeful and contributing life even with limitations caused by illness. Recovery involves the development of new meaning and purpose in one’s life as one goes beyond the catastrophic effects of mental illness” ( Barker‚ 2009‚ p.682). Whitley and Drake (2010) in their article Recovery: a dimensional approach opine that recovery has five dimensions which are; clinical recovery (experiencing
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this strategy prevents his peers from delivering a better argument than he can‚ it also allows Socrates to go quite a while without presenting his own definition of justice. Although this may lead the reader to think the philosopher simply cannot define justice‚ it quickly becomes clear Socrates was just biding his time before launching into the lengthy process of creating an entire hypothetical city‚ despite the fact that his peers have charged him only with defining justice in a man. In deciding
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How (Un)ethical Are You? Most of people believe that they are ethical and unbiased. They imagine they’re good decision makers‚ able to objectively size up a job candidate or a venture deal and reach a fair and rational conclusion that’s in their‚ and their organization’s‚ best interests. But more than two decades of research confirms that‚ in reality‚ most of them fall woefully short of our inflated self-perception. This article explores four related sources of unintentional unethical decision
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