credit are closed-end and open-end are . With closed-end borrower pay back a one-time loan in a specific number of payments and period of time. With open-end credit borrower is permitted to take loans on a continuous basis and is billed periodically. 2. Match the following key terms with the appropriate definition. a. closed-end credit b One-time loan paid back in a specified time in payments of equal amounts. b. open-end credit a A line of credit in which loans are made on a continuous basis.
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Augustine Medical‚ Inc. Augustine Medical‚ Inc. is a Minnesota corporation that develops and markets products for hospital operating rooms and postoperative recovery rooms. Company executives are now finalizing the marketing program a patient warming system‚ which is designed to treat postoperative hypothermia in the recovery room‚ called Bair Hugger Patient Warming System. It is specially designed to maintain body temperatures of patients recovering from surgery. The product consists of a heater/blower
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Book Review: “Auto Pact: Creating a Borderless North American Auto Industry 1960-1971” Author: Dimitry Anastakis Book Review “Auto Pact: Creating a Borderless North American Auto Industry 1960~1971” by “Dimitry Anastakis” examines how the auto industry in US and Canada evolved through time before‚ during and after the implementation of the auto pact‚ from its development till the day it was obliterated by the WTO in 2001. The author uses an overwhelming number of sources
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According to the study based on Livent‚ Inc.- An Instructional Case‚ The former senior management of Livent engaged in a multi-faceted and fraud accounting since eight years. As a further result of the scheme‚ Drabinsky and Gottlieb’s elaborated their Fraudulent Kickbacks‚ Fraudulent Manipulation of Livent’s Books and Records to accomplish in quarterly periods and meet the earnings which they provided to Wall Street analysts. Further more three Accounting Manipulations were found by transferring
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incorporation‚ Xiaomi Inc. and according to IDC (2015)‚ it’s the world’s 4th largest smartphone maker. Xiaomi develops‚ design‚ and sells smartphones. The company sold over 60 million smartphones in 2014 with the start-up of US$1.1 billion‚ known as the world’s most valuable technology star-up. Xiaomi’s valuation is over US$46 billion‚ according to (Douglas MacMillan‚ 2015). Over 8000 employees in the company‚ throughout China‚ Malaysia‚ and Singapore‚ also it will expand to other countries such as Indonesia
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1. The first interesting fact that I found out about Food Inc was that their tomatoes are ripened with ethane gas. I thought that was interesting because I never thought that they did that but they do. Ripening tomatoes on gas makes them get to people like us two times quicker because it is like putting them on steroids. This makes you really think about what you eat and what you are putting into your body. This makes me not want to eat tomatoes because the ethane gas can’t be good for the human
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Sean Russi The Case of Phar-Mor Inc ACCT-525 October 31‚ 2012 Case Summary The case of Phar-Mor Inc was one of the biggest pre-Enron frauds that have been uncovered. Phar-Mor Inc established in 1982 Phar-Mor was a small little known discount drugstore. Phar-Mor became well known for offering medications at a 25-40% discount rate compared to your normal pharmacy store prices. Phar-Mor’s first six years of existence seemingly were
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The farthest point costs for obtaining 5 stocks were set just about a month prior extending from 15% to half down‚ which appeared to be verging on difficult to achieve at the time. It demonstrates the level of my ability to purchase these stocks around then‚ yet today‚ I am not entirely certain in the event that I am willing to purchase them with the set costs. When I at long last had an opportunity to open up my investment fund‚ it was past the point of no return. It was verging on startling to
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plans which are offered by the employer. However‚ making the right choice where and how to invest is a challenge‚ which shows that most people are not financial experts. Therefore‚ this final project seeks to determine whether investing in Google Inc. is a good plan for me. After all‚ the viability of my potential investment objective is critical. Furthermore‚ analyzing the profitability of an investment decision
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Case 8 In this case‚ we noticed that there were a lot of weaknesses of internal controls and monitoring in the club. Firstly‚ even though the checks were needed to be signed by two people‚ Fancy asked Sarah to sign the blank checks so that she can pay suppliers on time. However‚ there were no other people monitor Fancy to write the checks‚ she could write what she wants on the checks. Secondly‚ the duties were not segregated appropriately in this company. Fancy had the ability to order supplies‚
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