Whirland Chemical Company There are a number of factors with Whirland Chemical Company that raise concern and increase the audit risk of this company. We will go over the major concerns one by one‚ and then determine the level of audit risk we are willing to accept on this engagement. * a) b) * First of all‚ we are auditing Whirland for the first time. Because this is the first time we are auditing Whirland‚ a lot of research has to be done on the operations of the company. We need
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Steven E. Shreve Stochastic Calculus for Finance I Student’s Manual: Solutions to Selected Exercises December 14‚ 2004 Springer Berlin Heidelberg NewYork Hong Kong London Milan Paris Tokyo Contents 1 1 Probability Theory on Coin Toss Space . . . . . . . . . . . . . . . . . . . . 7 2.9 Solutions to Selected Exercises . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1 1.7 Solutions to Selected Exercises . . . . . . . . . . . . . . . . . . . . . . . . .
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Solutions to ecological problems Ecology is a very important and urgent issue today. This word means the relation of plants and living creatures to each other and to their environment. Nowadays‚ this relation is damaged. Our environment suffers from ecological problems‚such as: air and water pollution‚ rainforest destruction‚ extinction of plants and animals.If there is a problem – there should be some solutions as well. To begin with‚ one of the biggest ecological problem is water pollution
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pollution. When an individual fertilizes their yard or sprays insecticide‚ when it rains those remaining chemicals are then washed away and then find its destination in our local streams. Same principle applies to the agriculture industry. There are many toxins that can be attributed to the farming industry. Some of the more toxic are fertilizers‚ manure‚ livestock waste and oil and other chemicals from the equipment. According to an article titled‚ “Pollution Potential of Livestock Manure”‚ raw manure
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AP/ADMS3530 3.0 Assignment #1 Solution Winter 2010 Instructions: (1) This assignment is to be done individually. You must sign and submit the standard cover page supplied as the last page of this assignment. Before you start‚ please read the note “Writing Style Required for ADMS3530 Assignments” posted on the course web site. Please stick to the writing guidelines suggested in the note. This assignment is due in the class of the week of February 8‚ 2010. For Internet section students‚ the assignment
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Homework 2 Solution 1. Consider the diagram of the electronic system‚ which shows the probabilities of the system components operating properly. The entire system operates if assembly III and at least one of the components in each of assemblies I and II operates. Assume that the components of each assembly operate independently and that the assemblies operate independently. What is the probability that the entire system operates? 0.9 0.9 0.8 0.8 0.7 I II III 0.95 Solution: P = [1-(1-0.9)*(1-0
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Zara: The Technology Giant of the Fashion World Synopsis Zara is a company that defines what the fashion industry has termed “fast fashion.” The flagship specialty chain of Spain-based clothing conglomerate‚ Inditex‚ Zara has built an information and distribution system that allows it to put the latest runway fashions in its stores in a matter of weeks at a fraction of what the big-name designers charge. In addition to fast‚ Zara is prolific. In a typical year‚ Zara launches about 11‚000
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CAT 2007 Solutions Section I 1. Note that the price of Darjeeling tea remains constant after the 100th day (n=100). If the prices of the two varieties of tea become equal before n = 100‚ then 100 + 0.1n = 89 + 0.15n ∴ n = 220‚ which is not possible. (Since n has been assumed to be less than 100) ∴ The prices of the two varieties will be equal after n = 100‚ i.e.‚ when the price of Darjeeling tea = 100 + 0.1 × 100 = 110 ∴ 89 + 0.15n = 110 ∴ n = 140 2007 is not a leap year. Number of days till 30th
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each customer belongs to when he or she logs on and can choose whether or not to offer the 10% discount. If Nile.com wants to increase its total revenue‚ should discounts be offered to group A or to group B‚ to neither group‚ or to both groups? 1. Solution a. Using the midpoint method‚ the percent change in the quantity demanded by group A is 1.65 million − 1.55 million 0.1 million × 100 = × 100 = 6.25% (1.55 million + 1.65 million)/2 1.6 million and since the change in price is 10%‚ the price elasticity
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CAPITAL BUDGETING PROBLEMS: CHAPTER 11 Answers to Warm-Up Exercises E11-1. Categorizing a firm’s expenditures Answer: In this case‚ the tuition reimbursement should be categorized as a capital expenditure since the outlay of funds is expected to produce benefits over a period of time greater than 1 year. E11-2. Classification of project costs and cash flows Answer: $3.5 billion already spent—sunk cost (irrelevant) $350 million incremental cash outflow—relevant cash flow $15 million per year cash
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