In October baker’s ownership interest in the firm was sold out equally to Able and Cabot‚ with Baker receiving a total of $110‚000 in notes and cash from Able and Cabot. The firm had $12‚000 net income for the year. Able and Cabot planned to incorporate the firm as of January 1‚ 20X2. Prepare a statement of invested capital for the partnership as of December 31‚ 20X1. 20X2: The firm was incorporated on January 1‚ as planned. The articles of
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planting the seeds of division in our ranks ‚ the fear and obedience to authorities over those of our government and loyalty to an organization other than of our own ‚ noted by Enrique Sobrepena‚ a Constitutional Convention delegate”. 1 The statement above meant that education is a continuous process of progress and growth. Thus ‚ in this complex physical environment‚ education must be fully developed must be so as to balance with the drastic changes . The goals
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Recycling Basics Recycling is the process of collecting and processing materials that would otherwise be thrown away as trash and turning them into new products. Recycling can benefit your community and the environment. Benefits of Recycling * Reduces the amount of waste sent to landfills and incinerators; * Conserves natural resources such as timber‚ water‚ and minerals; * Prevents pollution caused by reducing the need to collect new raw materials; * Saves energy; * Reduces
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Dell Supply chain strategy Dell‚ Inc becomes one of the largest technological company in the world because of their specific supply chain strategy. The traditional supply chain strategy includes five components - supplier‚ manufacturer‚ distributor‚ retailer and customer. Firstly‚ supplier needs to send the raw material to manufacturer. Secondly‚ after the production process in manufacturer‚ manufacturer will send the finished good to distributor. Thirdly‚ distributor will distribute the product
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Furthermore‚ your faith is a key ingredient that goes into your human development. Your faith in your is who‚ and what you deal with that shapes your human development. James Fowler‚ and Mary Dell are two philosophers that use faith to determine how it correlates with developing human development. According to Fowler (1981)‚ a person’s faith development reflects a meaning-making process in which individuals seek to understand their own lives‚ and the values and commitments that direct them. Fowler
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EAS 199A Lecture Notes: Basic Electricity Fall 2011 This course module introduces the basic physical models by which we explain the flow of electricity. The Bohr model of an atom – a nucleus surrounded by shells of electrons traveling in discrete orbits – is presented. Electrical current is described as a flow of electrons. Ohm’s law – the relationship between voltage‚ current and electrical resistance – is introduced. Learning Objectives Understanding the basic principles of electricity is
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Concepts in Statistics. In this introduction‚ we will briefly discuss those elementary statistical concepts that provide the necessary foundations for more specialized expertise in any area of statistical data analysis. The selected topics illustrate the basic assumptions of most statistical methods and/or have been demonstrated in research to be necessary components of one’s general understanding of the "quantitative nature" of reality (Nisbett‚ et al.‚ 1987). Because of space limitations‚ we will focus
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Summary of John Leo’s "No Books‚ Please; we’re students" "Current college students are more easily bored and considerably less willing to work hard‚" states John Leo. However‚ Leo give the students the benefit of the doubt‚ saying‚ two factors that cause students to become disengaged in their study are jobs and family responsibilities Nevertheless‚ Leo believes that current students are becoming more disengaged from the academic experience. Leo supports his opinion by using the latest survey put
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sustained increase in real GDP increases a nation’s standard of living providing that output rises faster than the total population. However it must be remembered that real income per capita on its own is both an inaccurate and insufficient indicator of true living standards both within and between countries. National income data can be used to make cross-country comparisons. This requires * Converting GDP data into a common currency (normally the dollar or the Euro) * Making an adjustment to
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shareholders after the payment of preferred dividends‚ if any‚ with respect to one share. It is calculated as net income available to equity shareholders divided by the number of outstanding equity shares. Define financial leverage. What is its effect on earnings? When is the use of financial leverage advantageous and disadvantageous? The extent to which a firm uses fixed income securities can be termed as a financial leverage. The fixed
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