American boy‚ was sentenced to series of canings and jail time for the act of vandalism. The unusual punishment raised several controversial arguments in the US and put the Singaporean justice system in the spotlight. Harsh and oppressive punishments such as caning should not exist in the justice system of any country because s it considered torture and establishes fear in society. In the article “Time to Assess American Values”‚ by the New York Times‚ caning is refuted gracefully but on the article “Rough
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Why the Sky Is Blue By: Sir James Jeans Sir James Jeans delivered a very impressive‚ informative speech at the Cambridge University Press on the question why is the sky blue? This speech was solely presented to inform the students at the university on the sequence of events that occurs between the earth and the sun that gives the sky its color. The speaker conveyed this message with his speech based around the concept that the sky is made blue by the light waves. Through his speech
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financial assets. There are two sections of the financial markets in Nigeria‚ namely: money market and capital market (Central Bank of Nigeria-CBN‚ 2004; 2007). A financial asset is created when one party in exchange for cash issues a receipt of acknowledgement which entitles the holder a claim of pecuniary nature against future interests of the issuer. Financial assets fall into three general categories namely: a) Money – issued by the Central Bank of a country on behalf of the Government of the country
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|Financial Management | | | |Functions of Finance Executive‚ Finance Treasurer & Finance Controller | | | |3/16/2012
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“The Role of Women in Shakespeare’s time” During the Shakespeare’s time women were considered the weaker sex. Regardless of the fact that one single women ruled England‚ other women were expected to bear children and that they must always be protected. Shakespeare’s time had a great deal of inequality between both sexes. Women in this time were not allowed into professions even if they were highly educated. In Shakespeare’s time‚ acting was not suitable for most women‚ so they would often be found
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quartile was 3.1. Thus‚ this indicates a weakness for the company as liquidity may be compromised. Acid Test Ratio The acid test ratio is 0.43 in year 12 which was 0.64 in year 11. This indicates a very high proportion of stock in trade in total value of total assets. The average of industry was 0.9 and higher quartile was 1.6. This indicates the liquidity position of the company is not good and the current liabilities may not be met as stock in trade is considered to be a slow moving asset. Therefore
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Mulla… Money for me. I think kids should get money for doing chores and be able to spend it on responsible items because it gives kids responsibility like an adult that teaches them about adult life‚ Many studies show that if kids are given the responsibility to money at a young age are in adulthood are most likely to manage money than kids that were not given money at a young age.Next‚ it teaches kids that if you work for the hand you will get a reward. Also‚ kids are really busy in this generation
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Cash and carry / Non-arbitrage model for futures pricing arbitrage Expectancy model of futures pricing Concept of convergence of cash and futures prices oncept D. Basic differences in Commodity‚ Equity and Index Futures E. Uses of futures Role of different players in futures market ole Use of futures contract as an effective instrument for managing risk se Strategies for hedging‚ speculation and arbitrage in futures market trategies IV. Introduction to Options A. Basics of options
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Basic Finance for Non-Finance Managers As a line manager‚ department head‚ entrepreneur or financier‚ you will at some point find yourself having to analyze a spreadsheet or have some form of financial recording to do as part of your job description. Spreadsheets‚ budgets‚ cash flow projections‚ business statistics‚ figures and the financial side of a business is not just meant for accountancy experts. Many are baffled by balance sheets‚ or confused by the financial statements of a business entity
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FINANCIAL STATEMENT ANALYSIS Problem 13-1 You are given the following data on two companies M and N ( Figures are in Million) M N Sales $ 1080 $ 1215 Net Income 54 122 Investment 180 405 Required: A. Which company has the higher profit margin? B. Which company has the higher investment turnover ? C. Based on the data given‚ in which firm would you prefer to invest ? SOLUTION: a. Profit Margins [pic]
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