According to the research‚ Slavery started and the African slaves were bought to North America in Virginia in 1619. Slavery was everywhere throughout the colonies in 17th and 18th century. So‚ The African slaves helped the new nation to build their economic foundations. There were many things came out during slavery like cotton gin‚ rise of abolition movement‚ Westward expansion‚ Civil War‚ Emancipation‚ etc. The cotton gin was important to the south economy. West expanded and in the North abolition
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“The Decision in Philadelphia” America is a young country in 1787. They have just won the war for their independence and are now under the new rule of the Articles of Confederation. This government is put in place to ensure that no one leader will have too much power. The newly formed nation still has the undesirable taste of monarchy in their mouth and are hesitant to enact some sort of executive power. The Articles rely on the committee’s to take care of that missing executive branch. Committee’s
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Transfer pricing is a profit allocation method (the other being formulary apportionment) used to attribute a multinational corporation’s net profit (or loss) before tax to countries where it does business. Since countries impose different corporation tax rates‚ the corporation’s goal is to allocate more of the worldwide profit to lower tax countries‚ thereby minimizing the overall taxes paid. Many countries impose penalties on corporations if they consider that they are being deprived of taxable
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1800- Mount Holyoke College is a liberal arts women’s college in South Hadley‚ Massachusetts. Originally founded by Mary Lyon as Mount Holyoke Female Seminary on 8 November 1837‚ it is the "first of the Seven Sisters" and is the oldest continuing institution of higher education for women in the United States. In addition‚ according to the United States Department of Education‚ "Mount Holyoke’s significance is that it became a model for a multitude of other women’s colleges throughout the country
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Chief Justice Earl Warren President Dwight Eisenhower appointed Earl Warren as the fourteenth Chief Justice of the Supreme Court in 1953. Warren had been the governor of California twice and was also on the republican ticket for Vice President under Thomas Dewey. It was assumed that Warren would pickup where his successor Fred Vinson left off as a conservative member of the Supreme Court‚ but instead Warren positioned himself as a liberal. When Warren took over as Chief Justice‚ justices who aligned
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ADVANTAGES OF COST ACCOUNTING 1. Fixation of responsibility: Whenever a cost center is established‚ it implies establishing a kind of relationship between superior and subordinates. Thus responsibilities are fixed on every individual who is concerned with incurrence of cost. 2. Measures economic performance: By applying cost control techniques such as budgetary control and standard costing it helps in assisting the performance of business. 3. Fixation of price: By providing cost
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PAPER F5 PERFORMANCE MANAGEMENT P R A C T I C E & R E V I S I O N K I T In this January 2010 new edition We discuss the best strategies for revising and taking your ACCA exams We show you how to be well prepared for your exam We give you lots of great guidance on tackling questions We show you how you can build your own exams We provide you with three mock exams including the December 2009 exam We provide the ACCA examiner ’s answers as well as our own to the June and December 2009 exams as
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ACC4291 INTERGRATED CASE STUDY THE CITY OF YORBA LINDA TERM CASE Name : (Salima) Nyein Mon Oo Matric : 0933294 Section : 3 Submitted to Prof Shamsul Nahar on 28th November‚ 2014 1. a) Does the city of Yorba Linda’s current budgeting process meet the goals set of it? As mentioned in the case‚ Mr Simonian’s current budgeting process had three goals in mind‚ which collectively aimed serve as a platform for dialogue between members of the municipality in the setting of city policies and priorities
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QUESTION 1: Angel plc is a listed industrial business and is considering a major investment. The investment projects team needs an appropriate rate at which to discount the estimated after-tax cash flow for the investment. Following the business’s normal practice‚ this is to be based on the weighted average cost of capital (WACC). Figures‚ relating to long-term financing‚ included in the business’s most recent balance sheet are: £m Ordinary shares of £0.50 each (160 million) 80 Share
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should not have the power to decide the purchases its people make. This remark is clarified in the 16th Amendment of the US Constitution: “The Congress shall have power to lay and collect taxes on incomes‚ from whatever source derived‚ without apportionment among the several States‚ and without regard to any census or enumeration.” It has been made clear through media‚ social networks‚ and polls that a majority of the people are against the law. The Supreme Court ruled the healthcare mandate under
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