1. Railroads- Railroads in each area were often controlled by one company‚ enabling those railroads to charge what they wanted. Railroads were the only way for many western farmers to get their produce to market and high prices were always charged. Railroads controlled storage‚ elevators‚ and warehouses so the prices the farmers paid were very high. Middlemen- Middlemen set the price of the produce low when they sold because the market price was unpredictable. Bankers- High interest rates caused
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Legumes are a great crop for farmers because of their ability to enrich soil fertility by depositing nitrogen in the soil. In addition to this service to the environment‚ legumes provide an important source of protein. And when they are cooked and served up with the right spices‚ they make a delicious meal. Legumes is a class of vegetables that includes beans‚ peas‚ and lentils are among the most versatile and nutritious food available. Legumes are low in fat‚ contain no cholesterol‚ and are high
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Q1) How would you characterize Timberland’s exercise of its corporate power in society? Is Timberland engaging multiple stakeholders in its business operations? If so‚ hw? Answer: I would characterize Timberland’s exercise of its corporate power in society as “Corporate Social Responsibility”. That is‚ timberland is being socially responsible towards society and it is acting in a way that enhances society. By exercising its power‚ Timberland is practicing the “iron law of responsibility” which
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Solution 1 — Classification with the Statement of Cash Flows Buck should present the borrowing and payment activity as a cash flow from financing activities. ASC 230-10-45-14 states that “proceeds from issuing bonds‚ mortgages‚ notes‚ and from other short- or long-term borrowing” are a cash inflow from financing activities. Similarly‚ ASC 23010-45-15 states that “repayments of amounts borrowed” are a cash outflow for financing activities. Solution 2 — Gross versus net presentation Scenario
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Case 2 Bell Jeans Berhad Bell Jeans Berhad was founded in the mid-sixties. The firm survived several lean years and economic recessions largely as the result of the market durability of its dominant product—blue denim jeans. Bell Jeans had been a market leader with "wash-and-wear‚" bell-bottom and flare jeans‚ and modern casual pants. By 2009 it was one of Malaysia’s largest clothing manufacturers. It offered a wide variety of dress and fashion jeans for both men and boys and a complete line of pants
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• Ethical Dilemmas Patient 1: This patient is admitted to ER with Respiratory Failure and Septic Shock. The patient was transferred to LTAC for long term management of disease. Patient’s chart states that she has DNR/DNI order‚ but her son was disagreeing with that decision. One of the ethical principles that direct ethical decision making in health care is the autonomy-the ability of the individual to chose for him or herself. Patient 2: This patient was admitted with endocarditis and had a tracheostomy
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Alexander Graham Bell‚ was the inventor of the telephone. Bell was born in Edinburgh on 3 March 1847. He was the son of Melville‚ a speech and elocution teacher who developed the first International Phonetic Alphabet and Eliza‚ who was deaf from the age of five. Bell was the only child to survive into adulthood‚ with his younger and elder brothers‚ Ted and Melly‚ dying of tuberculosis. These biographical facts foretell the strong values‚ personality and determination of the man destined to radically
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are often faced with making decisions that may or may not be ethical. In some instances‚ even illegal. The definition of ethics and law can be quite blurry. In plain terms‚ ethics are social guidelines pertaining to moral right and wrongs. On the other hand‚ laws are rules that contain legal consequences if not followed. In regards to the fact pattern‚ Zarley is faced with a dilemma that contains both ethical and legal aspects. The ethical issue of bribery is raised towards Zarley‚ a Procurement Manager
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Executive Summary Roger’s dilemma BACKGROUND Roger McDaniels joined Solodor Pharmaceuticals (SP) as the Chief Financial Officer (CFO). The company has developed a new drug called Celenza to fight severe leukemia. If Celenza was a success‚ Roger would not only be handsomely rewarded‚ as his compensation package provided him with numerous stock options‚ but he would also be proud to be part in such medical achievement. Upon starting his job‚ Roger quickly realized that‚ due to severe cash flow
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Reason why people give up on ethics Self-interest sometimes morphs into greed and selfishness‚ which is unchecked self-interest at the expense of someone else. This greed becomes a kind of accumulation fever. “If you accumulate for the sake of accumulation‚ accumulation becomes the end‚ and if accumulation is the end‚ there’s no place to stop‚” he said. The focus shifts from the long-term to the short-term‚ with a big emphasis on profit maximization. For example‚ swaps (where two communication
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