Stalin planned to merge all the small farms onto larger ’collective’ farms. These new larger farms (Kolkhoz’s) would pool labour and resources‚ and therefore would operate more effectively and efficiency. In addition‚ state provided tractors and fertilisers would modernise production‚ again making the operations more efficient. Why? Stalin had a variety of different reasons for collectivising the county‚ economic‚ ideological and political. Collectivisation was the communists long term aim for agriculture
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The event I attended was one of the many plays that takes place on campus in the arts building. The play I specifically attended was called Appropriate‚ which was originally written by playwright‚ Branden Jacobs Jenkins. The play was approximately 3 hours in length with an intermission included into that time. Overall‚ the play specifically deals with family conflict and the whole idea of race itself. All of the main characters in the play are all interconnected family members that originally are
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much. It’s necessary to examine why self-respect is important‚ and whether there is anything else more vital for a person’s happiness and well-being. The primary reason that people need self-respect is that without it‚ they will be unhappy and not take care of themselves. Without self-respect‚ many people will fail to realize that what they want and need in life does actually matter‚ and because of this‚ they will go through life being miserable. They are also more likely to take risks with their
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A) money markets. B) capital markets. C) primary markets. D) secondary markets. 5. Funds are provided to the initial issuer of securities in the A) secondary market. B) primary market. C) deficit market. D) surplus market. 6. Which of the following is a capital market instrument? A) a sixmonth CD
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Group Case 1: Ameritrade – Cost of Capital Executive Summary: As a deep-discount brokerage‚ Ameritrade planned to improve its competitive position by price cutting‚ technology enhancements‚ and increased advertising in mid-1997. Before initiating the plan‚ Ameritrade needed know whether the investment returned more than it cost. We were hired to estimate the cost of capital correctly. The key question is to find suitable comparable firms to estimate Ameritrade’s asset beta‚ since it was a recently-listed
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Outline of the Lecture 1. Doing Business in Poland (Socio-Cultural Aspects) Krzysztof Wach‚ PhD Cracow University of Economics Faculty of Economics and International Relations Department of Entrepreneurship and Innovation 2. 3. 4. 5. investment climate cultural dimensions Poland and classifications of cultures historical influence useful tips appendix 1: business legal forms appendix 2: starting up procedures © Dr Krzysztof Wach - Kraków 2010 2 Poland - Economic facts Part 1 Investment
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Corporate Finance and Investment 1. Define “Working Capital” Working Capital=Current Assets-Current Liabilities =Accounts Receivable + Inventory - Accounts Payable “Working capital is how much in liquid assets that a company has on hand. Working capital is needed to pay for planned and unexpected expenses‚ meet the short-term obligations of the business‚ and to build the business.” 2. Give concrete measures how w.c. can be optimized (receivable‚ inventories (JIT
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Infants and children: The main reason young children and infants are more vulnerable to infection is because their immune systems have not fully developed. When they are first born they will get most of their immunity from the placenta and breast milk‚ however it will take a long period of time for their immune system to fully develop. If an infant was to come into contact with an individual or object that was contaminated this could lead to serious consequences‚ such as them being in hospital to
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that "A budget is a plan‚ expressed in financial and/or more general quantitative terms‚ which extends forward for a period into the future." Budgeting actually refers to the process that‚ after the strategic plan of the business has been made‚ companies made a short term plan (usually one year) to meet the strategic purpose. Traditional budgeting has offered a lot of contributions in so many years’ practice. But it seems it is more and more unsuitable for the modern business. In this paper‚ I will
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Telus: The Cost of Capital Telus needs to calculate the cost of capital from the variety of data given. The cost of capital is determined mostly by how the funds are used rather than where they were obtained from. It relies on the risk of investments Telus involves in‚ therefore‚ depending on cost of both equity of debt as described below. Also note that‚ even though the preferred shares are not attractive to issuers and may not get issued again‚ it is still on the company’s balance sheet and affect
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