Q i) Expalin in detail five basic accounts along with their types and examples Five basic Acounts 1. Assets 2. Liabilities 3. Capital/Owner Equity 4. Revenue/Income 5. Expenses Assets Assets are the resources owened by a business and are expected to give benefit for future operation Example: If you buy a land and it will give benefit in the future operation then it is your asset . if the land which you buy And in future you have to sell only then this is not your asset. If you built
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DEVRY UNIVERSITY KELLER GRADUATE SCHOOL OF MANAGEMENT APPLIED MANAGERIAL STATISTICS GM533 SPRING SESSION A 2001 COURSE PROJECT Obesity in United States The Impact of Family Income on BMI Fort Lauderdale April 15‚ 201 1.0 Executive Summary The rising rate of obesity has reached epidemic proportions
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the growing inequality between wages and profits. Through looking at these two relationships we can see the worsening condition of the distribution of income and wealth in Australia. When looking at changes in income in Australia‚ the recent trends (as seen in diagram 1 and diagram 2) shows the top 20% or highest quintile‚ increasing their income share from an averaged 38% in 1994/95 to over 41% in 2007/08. This increase has resulted from the long period of economic growth‚ characterised by increasing
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some consumers. Proportion of income required by the item: products requiring a larger portion of the consumer’s income tend to have greater elasticity. • Time period considered: elasticity tends to be greater over the long run because consumers have more time to adjust their behavoir to price changes. Income elasticity of demand measure the degree of responsiveness of quantity demanded of good X to a given change in level of income‚ ceteris paribus. Income elasticity of demand is calculated
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data provided by Emmanuel Saez to show that there is a linear relationship between income share and the percentage of children attending college. Thus as income share increases the percentage of children receiving education increases. Children who are from poor families do not have the same advantages as rich families. However‚ Bruce Sacerdote has conflicting data. Sacerdote writes that 33% of variance of family income is due to genetics‚ 11% is due to family environment‚ and 56% are environmental factors
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11 February 2013 The Problem with the Income Disparity‚ or: An Eagle-Mounted Buddha Mediates a Duel between Marx and Robespierre In our society there exists a horse that has been beaten well past death. This horse has been pulverized into the planes of oblivion‚ the Fields of Asphodel‚ or so far into the cosmos that it no longer even resembles a horse at all. Instead‚ it manifests in protestors‚ history‚ and politics. The name of the horse is income disparity‚ more specifically the ever-increasing
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CASE STUDY: Modernization of NTUC Income? 1.)What were the problems faced by Income in this case? How were the problems solved by thenew digital system? The insurance operations in the company income tired and very laborious and require a large number of staff and rely on the system documentary‚ which led to the complexity of operations and the collapse of the system hp3000 central frequently and who was treated applications cooperative insurance and accounting information systems and administrative
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SOURCES OF BANK’S INCOME A bank is a business organisation engaged in the business of borrowing and lending money. A bank can earn income only if it borrows at a lower rate and lends at a higher rate. The difference between the two rates will represent the costs incurred by the bank and the profit. Bank also provides a number of services to its customers for which it charges commission. This is also an important source of income. The followings are the various sources of a bank’s profit: 1
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(2002a)‚ ‘‘The evolution of monetary management in Nigeria and its impact on economic development’’‚ CBN Bullion‚ Vol. 26 No. 1‚ pp. 1-11. Sanusi‚ J.O. (2002b)‚ ‘‘Central bank and the macroeconomic environment in Nigeria’’‚ Lecture delivered at National Institute for Policy and Strategic Studies‚ August. Scholnick‚ B. (1996)‚ ‘‘Retail interest rate rigidity after financial liberalization’’‚ Canadian Journal of Economics‚ Vol. 29‚ pp. S433-7. Shaw‚ E.S. (1973)‚ Financial Deepening in Economic Development
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NAME:-BROUK WENDWESSEN The difference between Ethiopia and America culture There is a lot of difference between my culture and the USA. And I really love my culture because I grew up on it. Now that I am in america I know American’s culture. When I compare these two cultures‚ I can see that they are not similar. For example‚ In my culture most of the time you don’t eat alone‚ if you eat alone people will not be happy because most of the people in our culture
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