"a city is the people who live in it. Berlin is 3‚350‚000 people in twenty boroughs. A rich city of factories‚ an airy city of farms and parks and woods and lakes On Sunday‚ August 13‚ 1961 Herr Walter Ulbricht stopped that. He built the Wall." One reason for the building of the Wall was due to the more than fifty-two thousand East Berliners who crossed the border everyday to work in West Berlin. These people were referred to as the "grenzgaenger or border crossers." "East Berliners said the grenzgaenger
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Financial Statements Financial statements are records of relative financial information of organizations that are highly valuable to both internal and external users of that organization. The following four basic financial statements constitute the foundation of accounting: * Balance sheet * Income statement * Retained earnings statement * Statement of cash flows Purpose of the Financial Statements The balance sheet shows a clear picture of the organization’s financial
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all investment decisions and entity X will act according to entity Y’s instructions. Entity X will earn a trustee fee for holding the shares. Any dividends or profit/(loss) from the investments belong to entity Y. Elements of financial statementsThe elements of financial statements 53 Entity X should not recognise the listed shares as its asset even though it is in posses- sion of the shares. Entity X does not control the investment’s future economic benefits. Benefits from the investments flow
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Reasons for International Trade Domestic Non-availability International trade is the exchange of goods and services between countries. An import is the UK purchase of a good or service made overseas. An export is the sale of a UK-made good or service overseas. A nation trades because it lacks the raw materials‚ climate‚ specialist labour‚ capital or technology needed to manufacture a particular good. Trade allows a greater variety of goods and services. Principle of Comparative Advantage
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Introduction to Financial Management Chapter 1 McGraw Hill/Irwin McGraw-Hill © 2004 The McGraw-Hill Companies‚ Inc. All rights reserved. Key Concepts and Skills Know the basic types of financial management decisions and the role of the financial manager Know the goal of financial management Know the financial implications of the different forms of business organization Understand the conflicts of interest that can arise between owners and managers McGraw Hill/Irwin
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Accounting and Finance Financial Planning (AF4324) Lecturer: Dr. Allen Ng‚ CFA E-mail: afallen@polyu.edu.hk Office: M507l Role and Purpose This is an introductory course on financial planning and a course that has been recognized by the Institute of Financial Planners of Hong Kong (IFPHK) as a substitute for Module One in its education program (i.e.‚ those who have passed this course will not be required to take Module One of the education program for Certified Financial Planners). It contributes
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Financial Statements Robert Greene Phoenix University Principles of Accounting I 290 Dr. Zeneo Williams June 18‚ 2013 Financial Statements To understand finances‚ the ability to decipher the data available must be attained. One of the tools used to do this is through financial statements. There are four prevalent statements used to achieve this. They are the balance sheet‚ income statement‚ statement of retained earnings‚ and statement of cash flows. These statements are
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around‚ but If we plan out we can avoid the temptation and keep us successful. In order to keep ourselves in the right place we should think about the reason we decide get into college‚ planning out to keep us success‚ and keeping a strong relationship with people. Learning should be the most exciting things which make student enjoy with it. The reason people decided to get into college is not only for the diploma‚ but also learning how to face the problem to get over it. Knowledge and experience
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Part A There are three main areas of decision making for the corporate financial manager: Investment: The choice of projects or assets in which to invest company funds. Competing alternatives have to be assessed using a number of techniques. This type of decision will also be of concern to the private individual when making choices about which shares to buy. Finance: How these investments should be financed. It is necessary to evaluate the possible sources‚ external and internal‚ and the effect
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Before making study-abroad decisions‚ students need to consider the reasons why they want to pursue this experience. For many college students today‚ a study abroad experience is regarded as an integral part of their college education but without further reflection‚ a student may make choices that are not right for them. Their experience may not provide the benefits which could have been had with a greater understanding of the reasons for studying abroad as they apply to their individual academic‚ personal
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