How will this change affect profits in future years? Because of the depreciation policy change‚ net income increased in 1984 by $3.2 million or $0.27 per share. This change will positively affect future earnings as depreciation (values will spread out over longer years) equitable allocation of the cost of plants‚ machinery and equipment over their useful lives. 3. What is the effect of the depreciation lives change? How will this change affect future reported profits? Because of the depreciation
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1. Describe the major differences between Maslow’s need hierarchy and Alderfer’s ERG explanation of motivation. According to Gibson‚ Ivancevich‚ Donnelly‚ and Konopaske the Maslow’s need hierarchy depends on what people already have and then grows up hierarchically‚ when the Alderfer’s states that needs depends more on three factors: existence‚ relatedness and growth. Maslow’s needs are more of pyramid‚ going from the simplest needs to the more complex one to fulfill being from bottom to top:
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T he Sisyphean Corporation The Sisyphean Corporation is considering investing in a new cane manufacturing machine that has an estimated life of three years. The cost of the machine is $30‚000 and the machine will be depreciated straight line over its three-year life to a residual value of $0. The cane manufacturing machine will result in sales of 2‚000 canes in year 1. Sales are estimated to grow by 10% per year each year through year three. The price per cane that Sisyphean will charge
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Kristine Palisano HW week 6 Individual-work 2 August 24‚ 2013 1. Describe the general characteristics of a future contract. How does a clearinghouse facilitate the trading of financial futures contracts? 2. How does the price of a financial futures contract change as the market price of the security it represents changes? Why? 3. Explain why some futures contracts may be more suitable than others for hedging exposure to interest rate risk. 4. Will speculators
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Samantha Becicka Macro Study Guide Chapter 3 1 We have scarce resources so in our choices of consumption we wish to maximize the satisfaction we receive from those choices. The economist terms this maximizing the __utility_________ 2 Since it is unlikely that we can grow our own food‚ sew our own clothes or build our house‚ it would be better if we would __specialize___ in what we do best and __exchange_ for those needs that others do better 3 The term _product market___ is a place where and
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1. Why did the Framers of the Constitution opt for a federal system rather than a unitary one? The experience with British rule had soured the Founders on the idea of one government with centralized and ultimate power. The new Americans did not care if tyranny came from a central government in America rather than from across the Atlantic—they wanted to make the potential for tyranny as remote as possible. In a federal system‚ both the states and the central government are sovereign within
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of view Historical Context Many of the roots of Western civilization can be traced back to the ancient Greeks. They made long lasting contributions in areas of art‚ architecture‚ philosophy‚ math‚ drama‚ and science. Directions The following question is based on the accompanying documents. As you analyze the documents‚ take into account both the source of the document and the author’s point of view. Be sure to: 1. Carefully read the document-based question. Consider what you already know
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2.) a) proteins b.) i) Amylase ii) Protease iii) Lipase c) i) Glucose ii) Amino Acids iii) Fatty acids and Glycerol 3.) a.) Each enzyme has a unique shape that fits onto the substrate. As enzymes normally only catalyse one reaction the substrate has to fit in the specific shape (active site) and if it doesn’t fit in (lock and key method) then the enzyme won’t be catalysed. b.) As when the enzyme is denatured it’s special shape is destroyed‚ thus destroying it’s active site meaning that
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CHAPTER 1 1. Internal expansion involves a normal increase in business resulting from increased demand for products and services‚ achieved without acquisition of preexisting firms. Some companies expand internally by undertaking new product research to expand their total market‚ or by attempting to obtain a greater share of a given market through advertising and other promotional activities. Marketing can also be expanded into new geographical areas. External expansion is the bringing together
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1. What is the fundamental goal of business? Do all organizations share this goal?The fundamental goal of business is to earn a profit. Not all organizations share this goal because they are nonprofit organizations. 2. Name the forms a product may take and give some examples of each. The forms a product may take are tangible and intangible. Tangible goods are computers‚ clothing‚ automobiles‚ and food. Intangible goods are services or ideas made by people. 3. Who are the main participants of business
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