healthcare‚ income inequality and poverty. Time to time changes in policies have been made‚ perhaps to improve these issues‚ however‚ the gap between rich and poor keeps increasing and there is very little improvement in healthcare and the economy. In fact‚ healthcare keeps on becoming costly. Major issues like income inequality and poverty are not being taken care of by the government. According to Dr. Raphael (2002) poverty is caused by several reasons such as inequality in people’s income‚ weak social
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Censored data & Truncated data Censoring occurs when an observation or a measurement is outside the range and people don’ t know the certain value. The value is always above or below the range that people set. However‚ truncated data means that because of the limits‚ such as time‚ or space‚ people lose some data. Truncation is to cut off the data. In other words‚ we have collected and use the data‚ but the data is not in the range we have. It is called censored data. We don’t use the data because
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NATIONAL INCOME Definition: According to Alfred Marshall‚ National Income is the labour and Capital of a country‚ acting on its natural resources‚ produced annually a certain net aggregate of commodities and in materials including services of all kinds. This is the net annual income or revenue of the country or the true national dividend. According to A.C.Pigou “ The national income dividend is that part of the objective income of the community‚ including‚ the income derived from aboard
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Classificatory smoothing of Income with Extraordinary Items - Summary Within this paper they talk about whether extraordinary items are used to smooth ordinary or operating income over time. The role of extraordinary items was never really looked at become separately and that is what they wanted to look at. They talk about how previously the focus was on net income after extraordinary items but that it is important to look at net income before extraordinary items also
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Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services.
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Consolidated Statement of Income Operating Revenues Revenue from services Sales revenue Less: Credit Card Discount Less: Sales Discount Less: Sales Returns & Allowances Total revenues Operating Expenses Cost of goods sold Salaries expense Rent expense Advertising expense General and administrative expenses Depreciation expense Other operating expenses Total expenses Operating Income Other Items Investment income Interest expense Loss on PPE sold Income before Income Taxes Income tax
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Session 2‚ Case Study #2 Investment Analysis: Cerner Corporation IAKM 60401: Health Informatics Management Ala’a Dalky Kent State University 01/27/2013 Cerner Corporation The purpose of this report is to provide a brief investment analysis of the Cerner Corporation. The analysis described below based on information retrieved from available online resources (see references) and the 2011 Cerner annual report. Further‚ this investment was guided by the outlined points presented by the teacher
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National income is a measure of the total value of goods and services produced in a country over a given period‚ usually a year. Simply‚ it is the total amount of income earned by the citizens of a nation. The term national income normally refers to the Gross National Product (GNP) of a country in a given year. GNP is a measure of the total market value of final goods and services produced by all the citizens of a nation in a year. There are three main approaches to measuring National Income these
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Balance scorecard measure describes clearly about achieving its objective successfully. Measurement is a powerful tool; it communicates company statements such as strategic objectives‚ vision and mission. We can also categorize the desirable character for the particular measure of balance scorecard. Financial measure of balance scorecard initiates the employee towards increasing the return on equity of the organization. The customer measure targets towards the percentage of customer turnover; increase
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SHEET PILES Sheet Piling is used in cases when- Enclosing a site or part thereof to prevent the escape of loose sub-soil to safeguard against settlement of structure which is to be erected on it. Retaining the side of trenches and generally excavations. Forming cofferdams (watertight enclosures necessary in construction of foundations in water). Their most common use is within temporary deep excavations. They are considered to be most economical where retention of higher earth pressures of soft
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