Introduction1 Background information of Macau Pataca1 The prospective of RMB3 The prospective of HKD4 The analysis of whether Macau MOP should shift currency peg form HKD to RMB 6 1.1.1 From Macau Pataca should peg with RMB point of view6 1.1.2 From Macau Pataca should peg with HKD point of view 7 Conclusion8 Reference9 1. Introduction There are many reasons to celebrate Macau’s economic growth which enabled Macau push up the exchange rate of domestic currency
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1. Cash equivalents are short term investments that are converted into cash. Examples include money market funds‚ U.S. Treasury bills‚ and high-grade commercial paper. These items are combined with cash for the purpose of a balance sheet because cash equivalents are so similar to cash that they are combined. The cash equivalents are very safe‚ have a market value‚ and mature in 90 days of the date of acquisition. If they do not meet these requirements‚ they are to be listed as Marketable Securities
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Short-Term Solvency Ratio: A) Current Ratio = Current Assets / Current Liabilities‚ B) Quick Ratio = (Current Assets – Inventory) / Current Liabilities‚ C) Cash Ratio = Cash / Current Liabilities Asset Utilization Ratios: A) Turnover = Sales / Total Assets‚ B) Inventory Turnover = Cost of Goods Sold / Inventory‚ C) Receivables Turnover = Sales / Accounts Receivables Long-term Solvency Ratio: A) Total Debt Ratio = Total Debt (Current Liabilities + Long term Liabilities) / Total Assets‚ B) Debt-Equity
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extent can the Vietnam War be considered a just war? Ziad Bayoumy IB Candidate Number: Word Count: 1512 Table of contents A. Planning the investigation 3 B. Summary of Evidence 4 C. Evaluation of Sources 5 D. Analysis 6 E. Conclusion 8 F. List of Sources 9 A - Planning the investigation [157]: The focus of this investigation is the theory or concept of just war‚ and what makes a just war “Just.” This investigation will explore the question:
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“Hope begins in the dark‚ the stubborn hope that if you just show up and do the right thing‚ the dawn will come” ~Anne Lamot. Illustrated in the novel‚ The Count of Monte Cristo‚ Alexandre Dumas uses the character of Edmond Dantès to portray that even in a dark place you can still have hope. In the darkest of places‚ with God‚ hope shines through. Confirming this statement‚ “I lay aside my pride before God‚ who has taken me from nothing to make me who I am” (385). He became nothing‚ but he had
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Revenge is bittersweet Revenge is the main theme of the film The Count of Monte Cristo‚ directed by Kevin Reynolds. The protagonist Edmond Dantes has his mind set on vengeance as he has been deceived and betrayed by J.F Villefort and Fernand Mondego. Throughout the film Edmond carefully plots and plans to have vengeance on Villefort and Mondego. Although with revenge comes with a price‚ what has been done cannot be undone. Edmond has to live with the guilt of taking another man’s life. Villefort
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An eye for and eye is the Count Of Monte Cristo concept for revenge toward Caderousse. Caderousse was a tailor. He was also the Count’s father’s landlord and neighbor. While Count was at sea‚ Caderousse demanded the return of his loan the Count from the Count’s father who by complying deprived himself of sufficient money and nearly starved to death. Caderousse Later watches two men mail a letter that accuses the Count of supporting Napoleon. The letter causes the count to get arrested. Caderousse
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competitors. This essay will outline both the strengths and weaknesses of each of the models used‚ and how they apply to Kellogg’s. I will be particularly focusing on: Beta Calculations‚ Dividends Valuation Model (DVM)‚ Price to Earnings ratio (P.E Ratio)‚ PEG Ratio and Cash flow methods. Kellogg’s is a major producer of cereal and convenience foods‚ with their brands including cookies‚ crackers‚ toaster pastries and cereal bars. Kellogg’s products are manufactured in 18 countries and marketed in more
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JUST IN TIME PHILOSOPHY A philosophy for maintaining a competitive advantage based on the concept of continuous improvement and elimination of waste. Just-in-time is a management philosophy that originated and was applied in manufacturing organizations in Japan since the early 1970’s. In its early stages‚ JIT was utilized as a means to meet customer demand and minimize delays. The emphasis of JIT referred to a process where the production of goods met customer needs for quality and
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and arrest General Manuel Noriega. This maneuver is known Operation Just Cause. Setting the Stage Manual Noriega had been directed as the dictator of Panama by US government in 1960’s. The relationship between Noriega and the United States had become strained in the 1980’s because he had been accused of murder‚ drug trafficking and election fraud by one of his lieutenants. Within in the last two years leading up to Operation Just Cause Noriega succumbed to anti-American rhetoric. During this time
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