Texas‚ like most other states‚ has functioned under a series of Constitutions‚ each of which has contributed to the state’s constitutional legacy. Each is appropriately understood from the perspective of the period in which it was adopted. The current Constitution was written in 1876 after the termination of Reconstruction policies. Because reconstruction policies were oppressive‚ the Constitution was designed to put strong restraints on government to guard against future abuses of power. Today‚
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The Armstrong Production Company is an industry-leading firm in the field of manufacturing synthetic building materials for homes and commercial structures‚ based near St. Louis. Armstrong was fortunate in its initial stages to quickly secure inexpensive funding in the form of developmental loans issued by the State of Illinois‚ and thus was able to break even within three years of its founding in the early 1970s. Able to pour resources into its research and development segment‚ riding on the increasing
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IS JUSTICE FOR SALE IN TEXAS? When lawyers of the multibillion Pennzoil-Texaco cases came to trial‚ they were not in any means in a strange place. The lawyers had previously made big donations towards the campaigns of justices officiating the trials. Funding justices ’ campaigns in Texas is not uncommon‚ neither is it illegal. Of the nine states where judges are chosen through partisan elections‚ Texas is the only state that chooses all members of the bench through elections and additionally‚
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ACCT2201 CORPORATE ACCOUNTING Tutorial 8 – Week beginning 5th of May REVIEW QUESTIONS Chapter 15 8. When are potential voting rights considered when deciding if one entity controls another? Potential voting rights are rights to obtain voting rights of an investee‚ such as within an option or convertible instrument. Potential voting rights are only considered if the rights are substantive ie practical or utilitarian. This depends on the terms and conditions associated with the options.
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Question 1: To compute the standard deviation‚ it is used the EXCEL STDEV ( ) Function and the expected return is equal to the sum of return rates in 24 months divided by 24. Stock | Vanguard 500 | California REIT | Brown Group | Standard Deviation | 4.61% | 9.23% | 8.17% | Expected Return | 1.10% | -2.27% | -0.67% | Question 2: To compute the standard deviation in a portfolio‚ it follows the formula SD= ( ) 1/2
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Calculate the variability (standard deviation) of the stock returns of California REIT and Brown Group during the 2 years. How variable are they compared with Vanguard Index 500 Trust? Which stock appears to be the riskiest? Vanguard Index 500 Trust California REIT Brown Group STDEV 4.61% 9.23% 8.17% Based on the above‚ the riskiest stock would appear to be California REIT. Suppose Beta’s position has been 99% of equity funds invested in the index fund‚ and 1% in the individual stock
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| January 30th 2012 | | Kyla Keast COMM1006 | [Case 3.4 GE Capital Canada] | Case Hand-in | Executive Summary For the case of GE Capital Canada‚ Clark Carriers submitted a request for a loan amounting to $270000. It was first confirmed that Clark Carriers met the minimal requirements set out by the commercial equipment financing division of GE for loans. Cash flow was then analyzed to ensure that Clark Carriers has sufficient cash flow from operations to make payments on current
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Case Incident - “Working at ThinkLink” Read the following case study and answer the questions asked. Mallory Murray had not had much experience working as part of a team. What little exposure she had had to teams was in her organizational behavior‚ marketing research‚ and strategy formulation courses. When she interviewed with Think Link she did not give much thought to the extensive use of cross-functional teams. She did tell them she worked well with people and thought that she could be
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The government of the state of Texas is a difficult and complicated institution that is composed of many different levels. The question comes in to everyone’s mind at one time or another whether or not to trust the government. It could be that people believe that the officials will take advantage of their power‚ or simply people don’t like the idea of being controlled by someone who is not a family member or friend. To avoid this centralized power‚ the government is divided into stages and this is
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Project Pickett Company Working Trial Balance 31-Dec-12 Accounts Debit (-) Credit (+) Accounts payable $14‚500.00 Accounts receivable $28‚000.00 Cash $46‚500.00 Common stock $10‚000.00 Depreciation expense $18‚250.00 Cost of goods sold $402‚610.00 Equipment (net of depreciation) $325‚000.00 Insurance $1‚500.00 Inventory $70‚500.00 Long-term debt $105‚000.00 Marketing $5‚600.00 Misc. expenses $4‚500.00 Paid-in capital $90‚000
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