COURSE SYLLABUS 1. COURSE TITLE Banking and Credit 2. COURSE CODE FIN3010 3. PRE-REQUISITE BUS1010 Introduction to Business 4. CO-REQUISITE None 5. NO. OF CREDITS 3 Credits 6. CONTACT HOURS 42 Hours 7. OFFERING UNI T Division of Business and Management 8. SYLLABUS PREPARED AND REVIEWED BY Prepared by: Dr. Kenneth Ho Reviewed by: Dr. Yong Sun 9. AIMS AND OBJECTIVES This subject offers students a basic understanding of banking and the importance
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National Income is defined as the sum total of all the goods and services produced in a country‚ in a particular period of time. Normally this period consists of one year duration‚ as a year is neither too short nor long a period. National product is usually used synonymous with National income. Concepts of National Income There are different concepts of National Income‚ namely; GNP‚ GDP‚ NNP‚ Personal Income and Disposable Income. Gross National Product (GNP) GNP at market price is sum total of
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Reflection Paper LAW/531 Learning Team D Reflection Paper In most businesses there is a top manager that is in charge of taking care of the overall assets for the owner. Various titles are bestowed upon these leaders from store managers to general managers. Yet‚ the end result is the same‚ and that is protecting the assets and the business from any and all liabilities. One very important role is how a manager identifies and protects the tangible property rights of an organization. In the
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The December 2004 Earthquake in Northern Sumatra‚ Indonesia Sarah Loiacano November 16‚ 2010 Geology Section H004 On December 26‚ 2004‚ mass destruction and devastation was the result of a large earthquake off of the West Coast of Northern Sumatra‚ Indonesia. The earthquake began in the early morning on Sunday at 7:58:53 AM‚ and wreaked havoc on thousands in the affected areas. BBC News reported on the earthquake‚ stating that “Sunday’s tremor – the fourth largest since 1990 – had a particularly
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Unit 1 Promote Communication 1 Understand why effective communication is important in the work setting. 1.1 Identify the different reasons people communicate. We communicate all the time to greet others and socialise‚ to express our needs/feelings and or concerns‚ to share our ideas‚ to pass on information‚ to reassure others‚ to build relationships with others‚ to ask questions‚ to share our experiences. Communication can be professional or personal. It is important in social work environments
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Introduction. Individuals thrive off producing income in order to meet their day-to-day needs and wants. Tax is imposed on these income producing activities to provide the government revenue. This involves identifying the various ranges of assessable income. The legal question which must be addressed is any of the income that was earned by these individuals assessable income under the Australian income tax assessment act? To answer this question‚ we must determine if a nexus exists between Australia
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the single largest producing sector of economy since it comprises about 30% of the country ’s GDP and employing around 60% of the total labor force. Meeting the nation ’s food requirements remains the key-objective of the government and in recent years there has been substantial increase in grain production. However‚ due to calamities like flood‚ loss of food and cash crops is a recurring phenomenon which disrupts the continuing progress of the entire economy. Ensuring food security for the
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National Income Statistics and Standard of Living The national income statistics show that the USA has the highest standard of living; this can be proved by looking at the gross national income of The United States‚ which is $12‚969.6 million‚ and the gross national income per capita which is $43‚740. This figure is over 125 times the income per capita of Tanzania which is $340. This also suggests that the standard of living in Tanzania is very poor. The UK calculated a gross national income of $2
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of bonds in the United States? The major types of issuers of bonds in the United States are the United States Government and its agencies‚ municipal governments and corporations or Special Purpose Vehicles (SPV). 4. What is the cash flow of a 10-year bond that pays coupon interest semiannually‚ has a coupon rate of 7%‚ and has a par value of $ 100‚000? The periodic cash flow is $3‚500 as well as the principal pay back of $100‚000 coinciding with the last payment of $3‚500. 12. a. What is meant
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Situation Summarize Take Home Income His annually income includes $65000 from self-employed business and $20000 from part-time job totally worth $85000. After contributing to superannuation‚ the taxable income is $80000; there is no Medicare levy since they have private health insurance. So the total tax is $17550‚ his take home income is $62450. Her take home pay is $601*52 equals $31252 per year‚ which is after tax amount. So their total take home income is $93702 per year ($7808.5 monthly) Expense
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