MEMO To: Smooth Sailing From: The consulting group Date: May 6‚ 2012 ------------------------------------------------- Subject: Recoverability/Impairment of cruise ship ------------------------------------------------- Facts: Smooth Sailing is a private company that operates one cruise ship. Smooth Sailing’s purchase of the cruise ship was financed with nonrecourse debt. The cruise ship has its own identifiable cash flows that are largely independent of the cash flows of other asset groups
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impairment loss of $1.6 million should be recorded on December 31‚ 2010. In the second scenario‚ the asset is recoverable because the expected future cash flows are greater than the carrying value; therefore‚ the cruise ship is not impaired. The rest of this memo will describe how we calculated the impairment on your cruise ship. In order to test for impairment of an asset‚ we must first determine if there is an indicator that may indicate that the carrying amount of the asset may not be recoverable
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The case study highlights certain factors which reflect the problems and challenges that a manager or a leader faces in the real world. When we say ethics‚ it is composed of the norms‚ values‚ beliefs that a person or an organization follow. In the world of business‚ as witnessed‚ multi-national companies have been growing significantly than domestic firms. It is truly a fact that the constituents or the employees in a certain company will be composed of different cultural backgrounds. Each and every
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Kristen Patterson Armstrong Film and Lit Period 2 09 Mar 2015 A Deeper Look Into The Arts :Many physical activities are healthy‚ but ballet raises high about most of them‚ due to all of the strength needed‚ balance‚ posture‚ flexibility and others. History of Ballet What is Ballet? A form of dancing performed for theatre audiences. Ballet may tell a story‚ express a mood‚ or simply reflect the music. The Beginnings of Ballet Can be traced to Italy during the 1400’s at the time of the Renaissance
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The Gentlemen and the Roughs: Violence‚ Honor‚ and Manhood in the Union Army by Lorien Foote In the year 1861‚ the Civil War erupted throughout the United States. After four long gruesome years‚ the Union Army enlisted a total number of 2‚893‚304 northern soldiers. In The Gentlemen and the Roughs‚ Lorien Foote sheds light on northern conceptions of violence‚ honor‚ and manhood. Foote argues that the Union army originated by dividing class and social status‚ fighting a war for
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immunity I behold in modern day society. I have never been confined by the boundaries of my skin‚ I have never been mistreated due to its color. I have always been on the victors side of history‚ the race that conquered all and claimed superiority. This self-proclaimed attribute of greatness and dominance has become embedded into the integral structure of societies and cultures worldwide. White privilege and racism might manifest itself differently in different regions of the world‚ my perspective
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Saad Ahmad Professor Strong English 101 16 November 2014 World Health Organization: Leading the Fight to Eradicate Communicable Diseases The World Health Organization is the United Nations agency that is concerned with international public health. It was established on April 7‚ 1948 and has its headquarter in Geneva‚ Switzerland. It is also a member of the United Nations Development Group. The WHO’s Constitution states that its objective is "the attainment by all peoples of the highest possible
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mysterious category “comedy.” By portraying Lyubov as an impoverished noble and Lopakhin as the rich peasant and adding a vast yet empty orchard in between them‚ Chekov seems to suggest that it is the cherry orchard‚ surprisingly‚ not the money‚ that is the real separator between upper and lower classes. For the characters in the play‚ belonging to the upper class means something more than having money. The story starts with the Lyubov family having already lost most of their wealth. In fact‚ the family owes
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Declaration This report is prepared by Mr rakesh mehta student of met‚ Mumbai while working as a summer trainee with MARS REALTORS. This report is in the partial submission of the requirements of the PGPM+MBA program . This report is intended solely for the education purposes for any circulation. The information contained in this report has been obtained from website is solely for the education purposes and not intended for any publication. The report is not intended to infringe any copyrights
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uncomfortable for an individual. Anxiety however‚ becomes a disorder when one feel anxious most of the time without any apparent reason. It causes a person to be emotionally aware when something is done or happening occasionally to a great degree. This could immediately terrify and immobilize the person. The response in awareness is caused by brain chemistry imbalances which give a sense of fear‚ dread‚ or apprehension. The information from the brain compel by command to release a sensation called
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