million from a divestiture of a pharmaceuticals subsidiary in October 2009. The NPM would have followed the same upward trend as Net Sales if these gains did not occur. The results of the Return on Assets (ROA) and Return on Equity (ROE) are both downward trends‚ which are also due to the gains in Extraordinary Items. If the extraordinary gains were not included in the ROA and ROE ratios‚ then the trends would be upward or stable‚ depicting proper asset investing and sufficient returns to shareholders
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effects of low interest rates on consumption and investment Dec 1st 2012 | from The Economist print edition WHEN interest rates hit double digits in the late 1970s‚ house-builders sent planks of wood to the Federal Reserve in protest. With rates stuck near zero‚ the protests now come from the opposite direction. The retired complain of a “war on savings”. The Fed cut rates to current levels at the end of 2008 and has promised to keep them there until 2015. Since 2008‚ personal interest income has plunged
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Formula One In May 2009 Max Mosley‚ then President of the Federation Internationale de l’Automobile (FIA)‚ declared that “the sport could survive without Ferrari.”1 Incensed by such brazen disregard of the team’s influence and further angered by proposed changes to the competition’s format‚ Ferrari announced that it did not intend “to enter its cars in the next Formula One world championship.”1 By June‚ eight of the ten F1 teams had declared their intention to join Ferrari’s breakaway championship
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Formula One‚ also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship‚[2] is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l’Automobile (FIA). The "formula"‚ designated in the name‚ refers to a set of rules with which all participants’ cars must comply.[3] The F1 season consists of a series of races‚ known as Grands Prix (from French‚ originally meaning great prizes)‚ held throughout the world on purpose-built
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... Design Process..... Thermal Design..... Worm Gear Formulue..... Friction Factors..... Strength Design to BS721..... Strength Design to AGMA..... Introduction A worm gear is used when a large speed reduction ratio is required between crossed axis shafts which do not intersect. A basic helical gear can be used but the power which can be transmitted is low. A worm drive consists of a large diameter worm wheel with a worm screw meshing with teeth on the periphery of the worm wheel. The worm
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decades‚ the United States led the world in total automobile production. In 1929 before the Great Depression‚ the world had 32‚028‚500 automobiles in use‚ and the U.S. automobile industry produced over 90% of them. At that time the U.S. had one car per 4 persons. After WWII the U.S. produced about 75 percent of world’s auto production. In 1980 the U.S. was overtaken by Japan and became world’s leader again in 1994. In 2006‚ Japan narrowly passed the U.S. in production and held this rank
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PERSONAL INTEREST Every profession has sacred principles or ethics governing its operation or activities. Banking is no exception. Some of these principles defining sound banking behaviours are; 1. control mismatch between assets and liabilities 2. know your counterparty 3. expand cautiously into unfamiliar activities 4. avoidance of undue concentration of loans to a single activity‚ individuals and group But in a situation where banks all over the world are found wanting in terms
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power: 4X 10X High-and-dry: 40X Oil immersion objective: 100X Fine adjustment: is essential for final‚ sharp focusing Coarse adjustment: is used initially for rough focusing Parfocal: as you cane from one objective to another you will find that your microscope is very close to a final focus Sub stage condenser: light focusing lens Iris diaphragm: used to regulate the intensity of light entering the lens system of the microscope Mechanical stage: allows total movement of the slide by turning
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Muscle cars have always been a big in the United States such as the Ford Mustang‚ Chevrolet Camaro‚ and Chevrolet Corvette. These cars are some of the most popular cars for the past 25 or more years‚ but over the past 10 years‚ Japanese cars are becoming more and more popular. Many people who are into muscle cars despise these ’imports’ and people who are into these imports have the same feelings toward muscle cars. These two types of car lovers have a strong dislike for each other and these cars. Many
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Neglect Procrastination and neglect are serious issues when it comes to car maintenance. Performance and safety are at risk‚ and there are many small problems that lead to much bigger problems if they are ignored. Whether you like to get under the hood yourself or take your car to a trusted mechanic‚ a few steps of preventative maintenance can save you thousands of dollars and keep your family safer. There are several examples of routine maintenance habits that can save you big bucks in the long term
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