E1-5 Cougar’s Accounting Services provides low – cost tax advice and preparation to those with financial need. At the end of the current period‚ the company reports the following amounts: Asset – 19000; Liabilities – 15000; Revenues – 28000; Expenses = 33000 Required: 1. Calculate net loss. 2. Calculate stockholders’ equity at the end of the period. Net loss *Revenues – Expenses = (5000) Stockholders * Assets – Liabilities = 4000 E1-6 Cash 5400 Salaries expense 2200 Accounts payable 3400
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PERFORMANCE OF CLEARING FUNCTION MEANING OF CLEARING: The word clearing has been derived from the word “clear” and is defined as: CLEARING HOUSE: Initially state bank of Pakistan provides the facility of clearing in its clearing house where representatives of all banks sit together and interchange their claims against each other. But now state bank of Pakistan has assigned this responsibility to National Institute of Facilitation Technologies (NIFT). It is one of the services provided by NIFT
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Course Group & Folder EE2323:Microprocessors & Computer Architecture Spring 2013 • Course Yahoo Group – http://groups.yahoo.com/group/maju_ee2323/ • Course Folder – \\dataserver\jinnah$\M Tahir\EE2323 Microprocessor Lecture 2 February 22‚ 2013 2/23/2013 2 Microprocessor based System • A Microprocessor-based systems consists of central processing unit (CPU)‚ memories‚ I/O Devices and other peripherals. • CPU takes input from I/O devices such as keyboards CPU processes data in internal
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Measures of Astronomical Distances • Let’s view the Universe in terms of kilometres – The size of the observable universe is roughly 130‚000‚000‚000‚000‚000‚000‚000 km ! - Obviously measuring astronomical distances in km is inconvenient. - We need much BIGGER units of distance: • Some commonly used distance units: 1 ly (light year) = Distance traveled by light in 1 year = 9.46 trillion km 1 AU (astronomical unit) = average distance between the Sun & Earth = 150 million km A unit of distance‚
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Review questions 1. When someone on a good income says that they ‘can’t afford’ a plasma screen television‚ what do they really mean? [LO 4] 2. A friend of yours says‚ ‘Private tennis lessons are definitely better than group lessons.’ Explain what you think they mean by this statement. Then use the cost–benefit principle to explain why private lessons are not necessarily the best choice for everyone. [LO 4] 3. Which is more valuable: saving $100 on a $2000 plane ticket to Tokyo or saving
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Introduction The advantages of online shopping are numerous. It truly can be quite a good way to grab some deals‚ without having to actually invest several hours roaming around a local mall. The advantages of online shopping are many. These days’ individuals are more and more confident of the inherent safety of stores they’ve known like Target stores online‚ for example. Previously‚ many men and women had been reluctant to type their credit card information into an Internet form‚ thinking that they
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Indian Overseas Bank Indian Overseas Bank (IOB; established 1937) is a major bank based in Chennai (Madras)‚ with 1‚400 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified inhouse Information Technology department‚ which has developed the software that 900 branches use to provide online banking to customers; the bank has a target to expand online banking to 1200 branches by the end of financial year 2007-08. IOB also has a network of about 500 ATMs all over India
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Executive Summary This research provides statistical analysis for gross monthly sales in 60 stores using five key measures within a 10km vicinity: number of competitors‚ population in ‘000’s‚ average population income‚ average number of cars owned by households‚ and median age of dwellings. These quantitative variables are the key determinants‚ which will provide substance for descriptive statistics and the multiple linear regression model. This research reports mainly on statistical analysis
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The Islamic University of Gaza Faculty of Engineering Department of Electrical and Computer Engineering Final Exam Electrical Machines (EELE 3351) Time: 2 Hours Student’s Name Student’s Number Grade Problem # Grade Problem 1 20 Problem 2 20 Problem 3 20 Problem 4 Student Grade 20 Good Luck Dr. Assad Abu-Jasser Tuesday May 27‚ 2008 All kinds of calculators are allowed 1. The coil on the magnetic core shown has 500 turns. The core
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Name Professor Class Date Public Finance: Cost Benefit Analysis Question Two A government’s opportunity cost is the measure of a resource social margin costs incurred when they forgo an alternative. The opportunity cost of a government varies depending on the nature of the market. Government purchases occur when the government buys goods and services on behalf of the public. The opportunity costs of the government relate to its purchases of the public good and service. General government spending
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