CHAPTER 15 MANAGING CURRENT ASSETS (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Conceptual Easy: Working capital Answer: c Diff: E [i]. Other things held constant‚ which of the following will cause an increase in working capital? a. Cash is used to buy marketable securities. b. A cash dividend is declared and paid. c. Merchandise is sold at a profit‚ but the sale is on credit. d. Long-term bonds are retired with the proceeds of
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Managerial theories of the firm Managerial theories of the firm place emphasis on various incentive mechanisms in explaining the behaviour of managers and the implications of this conduct for their companies and the wider economy. According to traditional theories‚ the firm is controlled by its owners and thus wishes to maximise short run profits. The more contemporary managerial theories of the firm examine the possibility that the firm is controlled not by its owners‚ but by its managers‚ and
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Fundamentally‚ science is the process of mapmaking that utilizes what we can epitomize and think about to better represent and understand the world we live in. The idea of science can be separated into two subdivisions: natural sciences and human sciences. Natural sciences are studies that concern itself with the physical world‚ while human sciences are studies that deal with the “biological‚ social and cultural aspect of the human life”. With each of its own values and limitations‚ the natural sciences and
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race‚ religion‚ language‚ or national origins which contribute to a sense of shared identity and shared attitudes‚ beliefs‚ and values. Ethnicity and cultural patterns • Affect development by their influence on the composition of a household‚ it economic and social resources‚ the way its members act toward one another‚ the foods they eat‚ the games children play‚ the way they learn‚ how well they do in school‚ the occupations adults engage in‚ and the way family members think and perceive the world
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1. What was the main attraction for you to study Economics at University? A prestigious university which is very established in the world of economics and in terms of the experience the economics faculty is rich in knowledge. Idea of supervisions interests me as it gives me a chance to discuss economics and learn new ideas from professors who are at the forefront of economics. Allows me to criticize my views and always adapt them to what I believe is right. Famous economist have ome from Cambridge
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A developing field in psychology is called Positive Psychology‚ which is exploring ways to help people become happier and productive in life. Research the Internet to learn more about this type of psychology. Share what you learn with your classmates on the discussion board. Your discussion board post should contain the following: * A description of the field of positive psychology * Your critique of positive psychology * What research suggests on the value of this developing field
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Question: What Is Psychology? There’s a lot of confusion out there about psychology. According to some popular television programs and movies‚ psychologists are super-sleuths that can use their understanding of the human mind to solve crimes and predict a criminal’s next move. Other popular depictions present the psychologist as a gray and bearded older gentleman‚ seated in a stately office lined with books‚ who spends his days listening to clients ramble on about their difficult childhoods.
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leader’s followers give it to them? Well it’s both. According to a former political science professor at Yale University “Robert A. Dahl”‚ he described power as a relationship between two people in the following terms: "person A getting person B to do what person A wants them to do." This simple outlook on power has become one of the most widely used definitions‚ although there are many variations to it. Managerial power is the ability to control employees‚ resources‚ decisions‚ knowledge‚ technology
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WK4 1How much would the firm’s revenue change if it lowered price from $12 to $10? Is the demand elastic or inelastic in this range? | When P = $12‚ R = ($12)(1) = $12. When P = $10‚ R = ($10)(2) = $20. Thus‚ the price decrease results in an $8 increase in total revenue‚ so demand is elastic over this range of prices. How much would the firm’s revenue change if it lowered price from $4 to$2? IS the demand elastic or inelastic in this range? | When P = $4‚ R = ($4)(5) = $20. When P
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Whitting‚ H‚ T‚ A.‚ & Van Der Burg‚ H.‚ (1995) Sport psychology concepts and applications. Chichester. John Wiley & Sons. Gledhill‚ A.‚ (2010) BTEC Level 3 National Sport and Exercise Sciences S-cool (2012) Inverted U theory. [ONLINE] Available at: http://s-cool.co.uk Shaw‚ D.‚ F.‚ Gorely‚ T‚ & Corban‚ R. (2005) Instant Notes: Sport and Exercise Psychology. Smith‚ D.‚ Bar-Eli‚ M. (2007) Essential reading in Sport and Exercise Psychology. Teach PE (2012) Motivation. [ONLINE] Available at:
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