Working Capital Exercises – Part 2 1. Lewis Enterprises is considering relaxing its credit standards to increase its currently sagging sales. As a result of the proposed relaxation‚ sales are expected to increase by 10% from 10‚000 to 11‚000 units during the coming year; the average collection period is expected to increase from 45 to 60 days; and bad debts are expected to increase from 1% to 3% of sales. The sales price and variable cost per unit are P40 andP11‚ respectively. The firm’s required
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to improve the quality of their lives. In her article‚ Marlene Kim states‚ “Schiller‚ for example‚ believes that the working poor are poor simply because they do not work enough hours. If they worked full-time year-round‚ he argues‚ they would lift themselves out of poverty” (Kim‚ 1998:65). We have a tendency to believe that if you are able-bodied‚ there is no excuse for not working full-time‚ and anyone who is in poverty is there by their own design. After watching the film Two American Families
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The advantages and disadvantages of living in a block of flats To begin with‚ it is said that living in a block of flats is very uncomfortable but many people do not agree. With such view a block of flats helps to find a lot of friends and deepen our communication skills. So what are the advantages and disadvantages of living in a block of flats? One the one hand‚ living in a block of flats is advantageous for many reasons. Firstly‚ people who live in a block of flats are friendlier than people
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communities are the ones taking over the middle class property and making them relocated and making them find something they can afford. Although gentrification its does not always have to be a bad thing everything always have its advantages and disadvantages and people can take advantage of it if they have the money they need. Who wouldn’t want to see less crimes‚ cleaner cities‚ fancy buildings but it has a price to it. The people end up having to leave their homes where they have live their whole
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words. As meaning is assigned to words‚ language develops‚ which leads to the development of speaking. The actual origin of language is subject to considerable speculation. Some theorists believe it is an outgrowth of group activities such as working together or dancing. Others believe that language developed from basic sounds and gestures. Over 3‚000 languages and major dialects are spoken in the world today. The development of languages reflects class‚ gender‚ profession‚ age group‚ and other
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SMITMC06_0131825089.QXD 3/28/06 6:57 AM Page 239 REVISED PAGES CHAPTER Working Memory 6 Le arn i ng O b j ec t i ves 1. Using Working Memory 1.1. A Computer Metaphor 1.2. Implications of the Nature of Working Memory 2. From Primary Memory to Working Memory: A Brief History 2.1. William James: Primary Memory‚ Secondary Memory‚ and Consciousness 2.2. Early Studies: The Characteristics of Short-Term Memory 2.2.1. Brevity of Duration 2.2.2. Ready Accessibility 2.3. The Atkinson-Shiffrin Model: The
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Team Members’ Roles Working in teams can be a very effective way to accomplish a large project with less effort on each individual person in the team. The use of teamwork is beneficial because it brings different people together along with their different thought processes‚ which can bring many different ideas to the table. “A structurally diverse work group is one in which the members‚ by virtue of their different organizational affiliations‚ roles‚ or positions‚ can expose the group to unique
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ECONOMICS 102 PRACTICE MIDTERM #2 Covered: Chapter 5 Large Open Economy Chapter 7 (No velocity or elasticity) Chapter 9 (No AD/AS model) A. Multiple choice 1. The nominal demand for money is proportional to a. real income. b. the nominal interest rate. c. the nominal interest rate on money. d. the price level. e. None of the above. 2. Lower interest rates increase the real quantity of money demanded a. by changing the distribution of wealth toward the poor‚ who have
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Working Mothers: The Benefits for Children‚ themselves and the Family COL -240-005 Mr. Tim Groombridge Zayed University‚ University College Table of Contents Cover page --------------------------------------------------------------------------------------------- 1 Table of Contents ------------------------------------------------------------------------------------- 2 Introduction -------------------------------------------------------------------------------------------
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Reaganomics Reaganomics was an economic policy that was advocated during the 1980s by President Ronald Reagan and is still widely practiced to date. This essay will discuss Reaganomics in details. The work will also state the advantages and disadvantages of Reaganomics. The importance of the policy was to lower the increase in government spending‚ to reduce taxes such as capital gains and federal income. The policy also aimed at decreasing inflation through tightening the money supply. The other
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