Some countries have free education from kindergarten to university‚ while students in other countries have to pay at every step of the way. This essay will look at some of the reasons for this difference at university level. Free third level education has several advantages. First of all‚ everyone can attend‚ so the gap between rich and poor students decreases as poorer students have more opportunity. The economy also benefits from the increased pool of highly educated labor. An educated workforce
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Why Software Should Be Free by Richard Stallman (Version of April 24‚ 1992) Introduction The existence of software inevitably raises the question of how decisions about its use should be made. For example‚ suppose one individual who has a copy of a program meets another who would like a copy. It is possible for them to copy the program; who should decide whether this is done? The individuals involved? Or another party‚ called the ``owner’’? Software developers typically consider these questions
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a not-for-profit business‚ had revenues of $12 million in 2007. Expenses other than depreciation totaled 75% percent of revenues‚ and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash. What were Brandywine’s 2007 net income‚ total profit margin‚ and cash flow? Net income = 12M * (1 - 75%) - 1.5M = $1.5 million Total profit margin = $1.5M/12M = 12.5% Cash flow = 1.5M +
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Free Flow Layout Free flow layout is an irregular arrangement of retail setting that encourages a formless traffic flow. It is mainly used in stores which have wide range of products. Easy to navigate and display to another were one of the major characteristics of free flow layout. Compare to the other retail layout‚ free flow layout had no particular display pattern. All the fixtures and products were grouped and located in flowing patterns on the sales floor. This layout usually used in stores
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Personal Budget‚ Balance Sheet‚ and Cash Flow Statement Memo To: Mr. Christopher De Maline From: Date: 02/17/2014 Re: Personal Budget‚ Balance Sheet‚ and Cash Flow Statement Dear Mr. De Maline‚ Saving money is extremely important however; some people do not have healthy savings thus leading them to financial instability. Therefore‚ being a good steward over your finances should be consistent and begin at an early age and progress as you age. This will provide an effective growth
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Table of Contents 1. Introduction 1.1 Purpose The main aim of this report is to analyse in-depth finance evaluation of 3 big airline companies in the world. The target company chosen for this analysis is Malaysia Airlines and the 2 comparable companies are Cathay Pacific and Lufthansa. This report examines each company’s financial performance and also provides recommendation for Malaysia Airlines in creating value for its shareholders. 1.2 Methodology This report adopts an extensive
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Advantage Disadvantage and Uses of Cash Flow Statement & Funds Flow Statement There are 3 basic financial statements that exist in the area of Financial Management. 1. Balance Sheet. 2. Income Statement. 3. Cash Flow Statement. The first two statements measure one aspect of performance of the business over a period of time. Cash flow statements signify the changes in the cash and cash equivalents of the business due to the business operations in one time period. Funds flow statements report changes
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Should College be Free What if college was free? There are so many people that want to go to college. But in this case‚ some people are not able to go because they can’t afford it. Even though some citizens get so much aid from the government‚ with all the stuff they give us. Free college is something we don’t need‚ because if we do get it then there would be alot of stuff that would get out of place “College scholarships are gifts of money that helps students pay for education‚ and there are so
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Economic Profit and Accounting Profit When it comes to business decisions‚ there are many ways to analysis the financial status of a firm. What guidelines determine profit margin? Who uses these guidelines? How is profit used to analysis a firm and its business decisions? This paper will discuss two terms that are used to define profit: accounting profit and economic profit. The first term is called accounting profit which uses the equa-tion. The second term for profit is economic profit. Economic
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Correct 1. The project procurement management process called Plan Purchases and Acquisition begins by determining which project needs can be fulfilled internally by the project team and which can best be met externally. A) True B) False Points Earned: 1.0/1.0 Correct Answer(s): True Correct 2. The project procurement management process called Contract Administration entails completing and settling each contract after any open items or settlements are resolved. A) True B) False
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