140‚392.00 139‚788.00 3.21 2.97 4.19 5.60 5.47 CURRENT RATIO. The current ratio (Sannella‚ 1991) above shows that in the year 2001 the current assets of J P Morgan (MIkdashi‚ 2001) are 3.21 times larger than the current liabilities. The current ratio went down to 2.97 times in the year 2002. The current assets were 4.19 times larger than the current liabilities during the year 2003. The current ratio went up
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money were supposed to be safe and low risk‚ which would also keep it in compliance with the standards set by JP Morgan Chase. Unfortunately‚ the transactions made in this area of the company were known as the Synthetic Credit Portfolio. This portfolio was a high risk portfolio that would either generate a large amount of profits or create massive losses overall. As a result‚ JP Morgan Chase had to face and handle the situation with massive losses. The losses were hidden by wire fraud‚ false Security
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slave owning property‚ of property owning property‚ quickly became rejected as plausible. Afterall‚ slaves were constantly “working from sunup to sundown” (234) and lacked the funds and skills necessary to acquire property. However‚ author Philip D. Morgan dismisses this stereotypical outlook on a supposed ignorant slave society and instead argues that slaves under
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I watched “Les Douze Travauz D’Astérix‚” which I found at https://www.youtube.com/watch?time_continue=717&v=VN0kmk75BmY. Roger Carel played the main character‚ Astérix‚ and Asterix’s good friend and sidekick‚ Obelix‚ was played by Jaques Morel. The movie was produced by René Goscinny and Albert Uderzo‚ and was made in 1976. Pierre Tchernia directed it. In this movie‚ Astérix and the other Gauls defeat the Romans in a battle‚ causing the Roman soldiers to believe the Gauls are gods. Julius
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Volleyball History In 1895‚ William G Morgan‚ a physical education director at the Holyoke‚ Massachusettes YMCA‚ created a game called Mintonette‚ as a low contact indoor sport. After observing the first game‚ Alfred Halstead‚ renamed the game Volleyball due to the volleying nature of the game. Numerous other variations of Volleyball have developed such as Beach Volleyball‚ Footvolley‚ Hooverball‚ and Newcomb. Both Men’s and Women’s Leagues are popular‚ and there are many clubs and tournaments throughout
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Kinder Morgan - MBO Richard Kinder and Bill Morgan purchased a master limited partnership pipeline company from Enron for $40 million in 1997‚ founding Kinder Morgan‚ Inc. (KMI) 1. The primary benefit of an MLP comes in the form of tax savings. While shareholders in a corporation face double taxation‚ owners of a partnership are taxed only once (when receiving distributions). Corporate income tax does not exist in the partnership. When cash distributions to MLP owners exceed
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Case 6-3 Question 1: Westwood’s Gross Margin Percentage is calculated as (sales less cost of goods sold) as a percentage of net sales revenue. For Westwood it’s calculated as follows based on the financial statements (all in millions of dollars): 2010 Gross Margin: (2000-1100) = 900 2010 Sales Revenue = 2000 2010 Gross Margin Percentage = 45% 2009 Gross Margin: (1500 – 800) = 700 2009 Sales Revenue = 1500 2009 Gross Margin Percentage = 46.7% Westwood’s Pre-Tax Return on Sales
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where the viewer can discover something new everytime they look at the artwork. A sense of movement is a complexity and finding movement in all four pieces will give the viewer a reason to take a second look and find something new about each work. In ‘Le Bain’ one is able to see three figures having a luncheon on the grass. They look as if they are in mid conversation and have been interrupted because the viewers have stepped into the scene. Even though the figures are in a sitting position Manet creates
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The use of poetry is made to capture some aspects of human experiences. In Les Murray’s poetry he portrays aspects of human experiences in the poem “Spring Hail” as he reminisces of his childhood experiences and also the human experiences that involve sorrow in “The Widower in The Country”. Firstly‚ the poem ‘The Widower in the Country’ conveys the grief and emotions accompanying the loss of a loved one. He captures depressing emotions by using connotations of ‘Widower’ and ‘Country’ in the title
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Female Bodies” written by Jennifer Morgan she argues that the european version of beauty and the social creation of racism led to Africans being viewed as animals and were therefore treated as so. This is exemplified when Ligon a european traveler said‚ “their breasts hang down below their Navels‚ so that when they stoop at their common work of weeding‚ they hang almost to the ground‚ that at a distance you would think they had six legs.” This was followed by Morgan stating that‚ “ for Ligon‚ their
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