SAMPLE ANSWER FOR QUESTION 5 Profit-making is one of the most traditional‚ basic and major objectives of a firm. Profit-motive is the driving-force behind all business activities of a company. It is the primary measure of success or failure of a firm in the market. Profit earning capacity indicates the position‚ performance and status of a firm in the market. In spite of several changes and development of several alternative objectives‚ profit maximization has remained as one of the single most important
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Promotion of Solar Home System Activities- Experience of Rural Services Foundation (RSF) Md. Ruhul Quddus‚ Executive Director‚ Rural Services Foundation Email:ruhul.quddus@rsf-bd.org; erquddus@yahoo.com Introduction Rural Services Foundation (RSF)‚ an initiative of Rahimafrooz was incorporated in 2006 as a ‘not for profit’ company with a view to promote renewable energy technologies in rural area with a sustainable business model. Solar Home System (SHS) is an application of
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How Solar Panels Work 4 4 Possible Applications in Hwa Chong Institution 6 4.1 Solar Powered Dustbins and Recycling bins 8 4.2 Powering of Air conditioning 10 4.3 Powering of fans 11 5 Strategies for change 12 6 Pros of solar energy 13 6.1 Cost efficient 13 6.2 Environmentally friendly 14 6.3 Independent/semi-independent 14 7 Cons of solar energy 15 7.1 Availability 15 7.2 Intensity 15 7.3 Cost 15 7.4 Transmission 15 7.5 Environmental Impact 15 8 Global initiatives 16 8.1 World’s largest solar plant
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With an increasing awareness in the fight against global warming and greenhouse gas emissions‚ governments around the world are looking for alternative sources of energy. These include wind‚ solar and hydro energy sources‚ known as renewable sources (Able to be regrown). However‚ one fuel source in particular is currently being used and produced to power both vehicles and electrical generators around the world; biofuels. Biofuels are renewable gas or liquid fuels made from plant matter such as corn
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CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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Proposal for Solar Database Development Austin Technology Incubator / Clean Energy Incubator Patrick Kennedy Lauren Bissey Guillermo Hernandez 8/1/2012 Proposal for Solar Database Development Purpose This document serves to illustrate next steps for the development of the Solar Database project for future associates. In addition‚ it indicates particular needs that require attention as the project moves forward. Background The purpose of the Solar Database Development
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media portray accounting numbers‚ such as profits‚ as some sort of ‘hard’ and objective performance indicator? Why do you think they might do this‚ and‚ if they do‚ what are some of the implications that might arise as a result of this approach? In making this judgement‚ students should consider the various articles that frequently appear in newspapers and various discussions that occur on television and radio in relation to an organisation’s profits.
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Capital Structure and Profit Capital Structure Definition A unite of a company’s long-term debt‚ specific short-term debt‚ common equity and preferred equity. The capital structure is how a firm finances its overall operations and growth by using different sources of funds. Debt comes in the form of bond issues or long-term notes payable‚ whereas equity is classified as common stock‚ preferred stock or retained earnings. Also‚ Short-term debt such as working capital requirements is considered
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A01 Profit and loss account: A profit and loss account calculates the amount of gross and net profit that a business takes on an annual basis; it also outlines the loss which has occurred through the business‚ through necessary overheads. There are many aspects included within a profit and loss account‚ all of which I am going to briefly explain. It is important to have a profit and loss account within a business to enforce correct usage of the money. The company will be able to see where the business
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The objects in the asteroid belts that are contained within the Solar System affect life on Earth today. These asteroid belts are the main asteroid belt and‚ the Kuiper Belt. Since these belts contain so many objects‚ there is diversity present within the objects. The asteroid belts consist of many categories of asteroids‚ the sizes of which‚ can vary greatly‚ ranging from a few meters to miles long. However‚ the mass of all discovered asteroids is still less than Earth’s mass. This is logical since
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