CHAPTER 17 Frederick Jackson Turner’s Frontier Thesis : western settlement had had an extraordinary impact on U.S. social‚ political‚ and economic development "Buffalo" Bill Cody : a successful show that popularized Wild West shows‚ it consisted of a former Pony Express rider and Indian fighter‚ and the hero of popular dime novels for children. This show romanticized the West and the life of the cowboy. :"Buffalo Bill;" Killed over 4000 buffalo in 18 months while employed by the Kansas
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Settlement of the West With the closing of the frontier and the turn of the 20th century‚ the west side of America was becoming heavily populated and settled in. For America this meant many resources were needed in order to accelerate the expansion of the west. The development of the west brought many problems. How would you transport goods‚ to and from the east? Before any settlements were possible‚ a means of easy transportation was essential. In 1862 the Pacific Railway Act was passed‚
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Jamestown Settlement The first permanent English colony in North America was established at Jamestown‚ Virginia‚ in 1607. In order to earn quick profits for Virginia Company investors‚ the settlers wasted no time and immediately began hunting for gold and searching for the Northwest Passage to Asia. According to page forty-two in the American Journey textbook‚ “all they would find was suffering and disappointment‚” which would foreshadow the years ahead. The colony would soon prove to be an
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CLEARING AND SETTLEMENT CLEARING: Most stocks that are sold the “regular way” require delivery of certificates within three business days. On rare occasions a sale may be made as a “cash” transaction‚ requiring delivery the same day‚ or as a “seller’s option”‚ giving the seller the choice of any delivery day within a specified period (typically‚ no more than 60 days). On other occasions extensions to the three-day limit are granted. It would be extremely inefficient if every security
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Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period. $000 1996 823 20 2784 Payments by cheque for purchases
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of International Trade Settlement WBS 3013 ISLAMIC INTERNATIONAL TRADE AND FINANCING Dayang Hasliza Muhd Yusuf Learning objectives By the end of this session‚ you should be able to: Explain what are the risks involved in international trade List and describe the various trade settlement methods being practiced i.e.: Open account / Consignment Payment in advance Documentary collection Documentary credit Explain the mechanics of each trade settlement methods List the advantages
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effective controls to ensure that the business has the lowest risk rate possible. The lower the risk‚ the less likely that fraud would occur. In this analysis‚ Learning Team B will provide a proposal for appropriate controls to cover cash‚ sales‚ accounts receivable‚ inventory‚ and production. The team will discuss some prevention techniques to reduce these risks and make recommendations in areas that will help controls within the organization. Cash Controls Internal controls for cash is essential to
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of the firm. An appropriate decision can yield amazing returns; where as a wrong decision can endanger the survival of the firm. 2. Associated with Risk; - Long term investment of funds is exposed to different types of risks. The longer is the period of the project‚ the greater may be the risk and uncertainty. 3. Large size of funds: - Capital Budgeting Decisions require large amount of funds for acquisition of fixed assets. 4. Irreversible Decisions:-Capital Budgeting Decision is irreversible
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Tutorial 1 (1a) Which one of the following is an example of an internal stakeholder? A A shareholder B Investment analyst / consultant CA manager DA supplier (1b) The original role of the accounting function was which one of the following? AProviding management information BRecording financial information C Maintaining financial control D Managing funds efficiently (1c) The major purpose of the Malaysian Accounting Standards Board (MASB) is to ensure consistency in ___________
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reflect company’s expected financial position and expected results of operations. The projected financial statement is summary. It is the summary of revenue and expenses for the budgeted period. Projected financial statement includes the Balance Sheet‚ income statement and cash flow statement for the budgeted period. Balance Sheet shows assets liabilities and equity at a particular point of time. DETAILS ABOUT AMRUTANJAN’S BUSINESS 2012 2013 AMRUTANJAN Pain balm- 1053.28 (RS. In million)
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