In the 1820’s transportation was limited and very weak. Western farmers could not connect to eastern markets because rivers flowed north to south and horse drawn wagons had limited capacity. After the 1820’s transportation on waterways was more developed. This was with the help of steam boats‚ canals‚ and railroads‚ they helped to increase transportation and effect the economy both positively and negatively. Robert Fulton and Robert Livingston introduced the steam boat on the Hudson. They then
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Labor rate variance is the difference between the actual labor rate and the applied overhead rate (standard rate multiplied by the number of actual hours worked). Consider this and respond to the following: • "Our workers are all under labor contracts. Therefore‚ our labor rate variance is bound to be zero." Do you agree or disagree that the labor rate variance will be zero if all workers are under labor contracts? Explain giving reasons. The concept of labor rate variance and its application
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CASH HOLDINGS‚ WORKING CAPITAL AND FIRM VALUE: EVIDENCE FROM FRANCE Ruta AUTUKAITE* – Eric MOLAY** Abstract: Although companies deal with day-to-day short term financial decisions‚ in corporate finance the emphasis is being put on long term financial issues when talking about company’s value. In this paper a sample of French listed companies was chosen to assess the importance of short term financial decisions to company’s value by testing the following hypotheses: an extra euro invested in cash
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DALAL & SHAH City Office East & West Insurance Building‚ 2nd Floor‚ 49-55‚ Bombay Samachar Marg‚ Fort‚ Mumbai - 400 023. India. Tel : + 91 - 22 - 22665251. Fax : + 91 - 22 - 22661503. Surburban Office The Regency"‚ Office No. 11‚ National Library Road‚ Bandra (West)‚ Mumbai - 400 050. India. Tel : + 91 - 22 - 26513540. Fax : + 91 - 22 – 26513539 www.dalalandshah.com ENGINEER & MEHTA (Chartered Accountants) Atlas‚ Khatau House‚ Ground Floor‚ 7/C‚ Moghul Lane‚
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globe‚ lawmakers looking for cost-saving measures would do well to turn to prisons. Prison reform must attain the lowest economic costs‚ lowering actual taxpayer dollars spent without giving up the benefits of attaining important social goals‚ which represent another form of cost when lost. Undoubtedly‚ the current prison system is doing little to separate the US from its international counterparts in minimizing such cost‚ yet prison privatization has yielded hopeful results‚ as private correctional
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Division of Labor in Society‚ Émile Durkheim[14] observes that the division of labor appears in all societies and positively correlates with societal advancement because it increases as a society progresses. Durkheim arrived at the same conclusion regarding the positive effects of the division of labor as his theoretical predecessor‚ Adam Smith. In The Wealth of the Nations‚ Smith observes the division of labor results in "a proportionable [sic] increase of the productive powers of labor." [15] While
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economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square F-Ratio P-Value
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Transportation Revolution In the United States of America‚ before the 1800s‚ the only major revolution that had occurred had been the American Revolution. Before that‚ there hadn’t been any really revolutionary movements. That all changed in the early years of the 1800s‚ 1810 to be more precise. In that year‚ a new revolution had started in America‚ which was and is still known as the Transportation Revolution. During this period‚ which lasted from 1810 to 1850‚ things changed in the area of
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Most compelling evidence that made Socrates father of Western Philosopher - Socrates‚ who was born in 470 BCE in Athens‚ Greece was acknowledged as the father of Western Philosopher with most compelling evidence. First‚ Socrates paved the way for his students Xenophon‚ Plato and the world. Definitely Socrates is believed to being the first thinker and philosopher to discuss modern moral and philosophical questions and influenced many which are still applied to today’s modern world. Secondly
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in the future. The price of the gasoline is currently on the rise. NASCAR cut the volume of fuel cell from twenty gallons to thirteen gallons each car. There is a high demand for a new energy. After the issue of fuel crisis was brought up‚ the society started to be interested in hydrogen. Hydrogen is the strongest candidate for the fuel of the future. Hydrogen can be used for transportation more efficiently‚ safely‚ and effectively. Also they are environmentally friendly. Since hydrogen
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