Why did the Titanic’s maiden voyage ended in such disaster? One of the largest passenger liner of the early 20th century made in the history‚ having the first and final voyage 100 years ago‚ owned by the magnificent White Star Line‚ was travelling without interference through the calm waters until one of the sailors on board reported that the Titanic is heading for a vast and humongous iceberg in April 12 1912 at that lethal midnight. The disaster had caused 1517 deaths on board‚ though there were
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of Enron were the large number of highly complex accounting entries. For example energy traders were required to book all the projected profits from a supply contract in the quarter in which the deal is made. Such accounting procedures are inherently risky as they make assumptions about price forecasts which can drastically affect earnings. Another inherent risk factor is the frequency of related party transactions. The special purpose entities Enron was trading with were created by Enron and
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World Civilizations Midterm Paper “Why did Roman Empire fall?” Prepared by Gurgen Janinyan As the saying claims‚ "Rome was not built in a day‚" and neither did the Roman Empire fall in a day. In the late 4th century‚ the Roman Empire fell after keeping running about 500 years as the world’s unique superpower. To many historians‚ the fall of the Roman Empire has dependably been viewed as the end of the ancient world and the arrival of the Middle Ages‚ frequently disgracefully called the Dark Ages
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what I have read its seems that Germany was the main reason for the first World War and for the second War. Some of the reasons why the second war was started was due to Fascism which was started by Benito Mussolini. Another reason that the second war was started was due to Chamberlin giving Germany part of Cezoslavakia After the First War‚ the French built the Maginot Wall to better protect them from Germany. It was 125 miles long (202 km). It stretched from Switzerland to Belgium. Some of the dictators
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. Enron senior management gets a failing grade on the truth and disclosure and a passing grade on arrogance and greed. For Fifteen years Enron was a paper tiger with few questions ever asked concerning its earnings profitability or business practices. The deceit and deception by Enron management seems to be the environment of a divisive marketing campaign that Kenneth Lay‚ Jeffery Skilling and Andrew Fastow hide while touting Enron. In reality Enron was one of the greatest Ponzi schemes to date
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Analysis of a Novel “A Day’s Wait” by Ernest Hemingway “A Day’s Wait” is a novel written by Ernest Hemingway in 1933. The events described in the story happen during a day. That is why the title of the story is suggestive as it presumes some kind of expectation. This title is very important for the novel as it focuses the reader’s attention on the following information and main idea of the story. The title of the novel is one of means that the author uses to help the reader to understand the text
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Introduction Viking history tends to stretch over a period from the 8th century to the 11th century. Throughout this period the Vikings were known for their ruthless raids on foreign lands‚ most commonly recognized for the raid on Lindisfarne‚ where brutal Vikings boarded the island‚ killing monks and seizing what there was to find of worth. Not only are the Vikings know for their raids‚ they are also know for settlements in Britain‚ especially England. To this day there can be found traces leading
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damage that ultimately led the vehicle to explode when it reentered Earth’s atmosphere. This means that the heavy foam from the fuel tank fell before it even left earth. So the question is‚ how did nobody notice it during takeoff‚ or why did the computer not warn the astronauts about the damage? When did the foam break and how it wasn’t
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CASE 4-1: Bessrawl Corporation Reconciliation of net income from U.S. GAAP to IFRS 2011 Net Income according to U.S. GAAP attributable to equity holders of Bessrawl Corporation ………… $1‚000‚000.00 IFRS adjustments: Add: Reversal of inventory cost written down to replacement cost….. 10‚000.00 Less: Additional depreciation of building after 2011 revaluation……..
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Solutions With Tylenol and Enron | | | Many large corporations are often are faced with ethical issues that determine the success of the company. Two of the most famous companies that were faced with ethical dilemmas was Johnson and Johnson and Enron. One of these companies was able to deal with their ethical dilemma correctly and it saved the company‚ while the other company did not properly handle its ethical issues and it resulted in the collapse of the company. In the late 1900’s Johnson
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