...Aaron Mikles 1/6/13 3rd Demiter They say bull riding is the most dangerous sport on dirt. In a lot of ways they are right a lot of people are injured and even killed. In bull riding they say its not if you get hurt its when and how bad. Bull riding has been around for a long time for a few hundred years. Bull riding is an exciting and an adrenaline pumping sport because of the history of bull riding, the way you are scored, and the safety of the rider and the bull. Bull riding has a long rich history, it can be traced back all the way to the early 1800’s. Cowboys would get together and have contests in things they normally do on a ranch like roping and trying to break horses, but you didn’t have to get on the back of a bull for no reason they just wanted to see who could do it and so began bull riding. The first formal rodeo was held in Cheyenne, Wyoming in 1872. Bull riding quickly became the most watched and anticipated event at the rodeos. Cowboys were not organized the first union was called cowboys turtle association (CTA), in 1975 it became rodeo cowboys association (RCA) it later became Professional Rodeo Cowboys Association (PRCA), which is what it is known as today. Before 1992 bull riding was just one of the nine traditional events that took place on the PRCA circuit. In 1992 twenty of the top professional bull riders put up $1,000 each to launch the Professional Bull Riders (PBR) circuit. Bull ridings first widely recognized stat was Dick Griffith...
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...1 Revised 7/2002 1 Understanding and Using WSU Crop Enterprise Budgets1 Herbert R. Hinman Washington State University Cooperative Extension develops crop enterprise budgets for many of the major crops grown throughout Washington State. The purposes of these budgets are to estimate the costs and returns from producing these crops for research and policy purposes and to provide producers and their credit providers with a tool to use in enterprise selection and financing. To construct an enterprise budget, a group of progressive producers is assembled by the extension agent in the area. The agent and a farm management specialist from WSU work with this group to develop a consensus estimate of enterprise costs and returns. It is fully realized by those involved in this process that the resulting enterprise budget does not represent any one particular farm and must be modified by the individual producer to fit their situation. However, the resulting budget is a reasonable estimate for the area. Producers reviewing these published budgets often state that their own costs are significantly lower than those presented in the WSU budgets. Furthermore, others outside the industry may question the cost estimates and “break-even” prices stating that “since some WSU budgets show producers are operating at a loss, how do they stay in business?” To adequately address these concerns and questions, one must understand both the difference between “economic” and “cash” budgets...
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...Chapter 3 – Conceptual Design: An Overview of Methodologies, Models and Notations CHAPTER OBJECTIVES (YOU SHOULD BE ABLE TO): 1. Define and describe a methodology. 2. Define and describe traditional, structured analysis & design, information modeling, and object-oriented methodology classifications. 3. Define and describe a Data Flow Diagram (DFD) and an Entity-Relationship Diagram (ERD). 4. Define and describe attributes, operations and relationships in an object-oriented methodology. 5. Define and describe the foundational characteristics of an object-oriented methodology. 6. Describe two classic information systems development challenges and their potential resolution. 7. Discuss Classification Theory and its relationship with object-oriented methodologies. 8. Describe Rational Corporation's Unified Software Development Process. 9. Define parallelism, substitution and omission. 10. Describe the Unified Modeling Language (UML) and describe Use Case, Class Diagram and Interaction Diagram. 11. Describe a simplistic object-oriented methodology for applying and using the UML. 12. Describe the foundational characteristics of the UML’s Class Diagram DESIGN A generic systems development life cycle (SDLC) was presented in an earlier chapter. You may recall that the purpose for this version of a SDLC was to give you a simplified way of sequentially studying the activities that are utilized to produce software-intensive information systems. In reality the SDLC...
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...CHAPTER THREE METHODOLOGY 3.1 HARDWARE EVALUATION The hardware specification of computers and devices that will exist in a network is key to having a reliable and robust network. Computers and other devices come in different configuration from different manufacturers, as a result selecting the right equipment for a network is very important. We also have to put compatibility into consideration when choosing hardware to purchase. 3.1.1 SYSTEMS HARDWARE System configuration determines their price in the market. We consider Servers and Client system specification in building a network. Servers always come with higher configuration compared to client systems; they handle requests from client systems all over the network therefore need larger resources to be effective. SERVER SYSTEM SPECIFICATION CLIENT SYSTEM SPECIFICATION 3.1.2 NETWORK HARDWARE Network devices are the backbone of any network. We take a look at a few network devices our network cannot do without e.g. switch, wireless router, and antenna. They also have their specifications which determine the efficiency of the network. A wireless network should be implemented with devices that can cover long distance without dropping signal strength. SWITCH WIRELESS ROUTER ANTENNA 3.2 SOTFWARE EVALUATION The whole purpose of a network is to provide a platform for communication between different devices existing in a network. This is made possible by the underlying software installed on the devices. It enables...
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...McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. CHAPTER EIGHT Influence Influence in Negotiation The actual strategies and messages that individuals deploy to bring about desired attitudinal or behavioral change • People differ widely in their ability to use influence effectively • Persuasion is as much a science as a native ability • Everyone can improve persuasive skills 8-3 Two Routes to Influence • Central route – Occurs consciously and involves integrating the message into the individual’s previously existing cognitive structures (thoughts, frameworks, etc.). • Peripheral route – Characterized by subtle cues and context, with less cognitive processing of the message and is thought to occur automatically. 8-4 8-5 The Central Route to Influence: The Message and Its Delivery There are three major issues to consider when constructing a message: • The content of the message – Facts and topics that should be covered • The structure of the message – Arrangement and organization of the topics and facts • The delivery style – How the message should be presented 8-6 The Central Route to Influence: The Message and Its Delivery • Message Content – Make the offer attractive to the other party – Frame the message so the other party will say “yes” – Make the message normative – by following a course of action he will be acting in accordance with both his values and some higher...
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...Chapter 13 Other than formal power, there is one type of power that has two categories named personal power. Personal power arises from a person’s unique characteristics. This means that you do not have to be a CEO or manager in order to have power over people. The first category of power is Expert Power. Expert power is “influence wielded as a result of expertise, special skill, or knowledge” (Robbins 422). In other words, in a field that becomes increasingly specialized, those who have extensive knowledge of the field gain power and are more valuable than those that do not. For instance, taxes may be difficult for many people to understand and therefore, they must hire tax accountants. The accountant has power because of their extensive knowledge so you hand them the ability to review your financial records. This plays role when managers of one specific Marriott need help making a decision. The manager consults with the general manager who has greater expertise when it comes to managerial skills. So when decisions become increasingly complicated, general managers become more valuable and have added power. The second type of power is referent power. This is power that a person has because they possess resources or admirable qualities and people desire to please them. This term is most commonly linked with celebrities and athletes and is not relevant at this particular Marriott. The managers at the Marriott claim that office politics do not play a large role in...
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...Chapter 16 Accounting for Income Taxes AACSB assurance of learning standards in accounting and business education require documentation of outcomes assessment. Although schools, departments, and faculty may approach assessment and its documentation differently, one approach is to provide specific questions on exams that become the basis for assessment. To aid faculty in this endeavor, we have labeled each question, exercise, and problem in Intermediate Accounting, 7e, with the following AACSB learning skills: Questions 16–1 16–2 16–3 16–4 16–5 16–6 16–7 16–8 16–9 16–10 16–11 16–12 16–13 16–14 16–15 AACSB Tags Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Diversity, Reflective thinking Analytic Analytic Analytic Analytic Analytic Analytic Reflective thinking Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Exercises (cont.) 16–6 16–7 16–8 16–9 16–10 16–11 16–12 16–13 16–14 16–15 16–16 16–17 16–18 16–19 16–20 16–21 16–22 16–23 16–24 16–25 16–26 16–27 16–28 16–29 16–30 AACSB Tags Reflective thinking Analytic Analytic Analytic Analytic Analytic Communications Analytic Analytic Analytic Analytic, Reflective thinking Analytic Analytic Analytic Analytic Analytic...
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...The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The The...
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...1. Management is responsible for implementing information security to protect the ability of theorganization to function. They must set policy and operate the organization in a manner that complies with the laws that govern the use of technology. Technology alone cannot solve information security issues. Management must make policy choices and enforce those policies to protect the value of the organizations data 2 Data is important to an organization because without it an organization will lose its record of transactions and/or its ability to furnish valuable deliverables to its customers. Other assets that require protection include the ability of the organization to function, the safe operation of applications, and technology assets. 3. General management and IT management are responsible for implementing information security 4. The implementation of networking technology has created more risk for businesses that use information technology because networks are now connected to the internet and other networks external to the organization. This has made it easier for people to get access to business’s data 5. Information extortion occurs when an hacker steals information from a computer system and demands compensation for its return or for an agreement not to disclose it. For example, if a Hacker r gains unauthorized access to a CEO’s computer and discovers unethical business transactions , he could then blackmail the CEO into giving him money in exchange for keeping...
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...CHAPTER 8 BOND MARKETS CHAPTER OVERVIEW AND LEARNING OBJECTIVES ( This is the second of six chapters related to the study of financial markets. They are: (1) Money Markets; (2) Bond Markets; (3) Mortgage Markets; (4) Equity Markets (5) Derivatives Markets; and (6) International Markets. ( In part four and five of this text we will study specific financial institutions and their involvement (investing and/or financing) in various markets. ( The bond capital market finances "real investment," including commercial and consumer real estate construction, business plant and equipment, Federal Government deficit spending, and bridges, turnpikes, etc. of state and local governments. ( Long-term securities are purchased by capital market investors who desire income over the long term – pension funds, mutual funds, life and casualty insurance companies, and individuals. READING THE WALL STREET JOURNAL The Credit Markets column, located in the Money & Investing section (C), provides a daily analysis of major happenings in the U.S. credit markets. Included are discussions about new bond issues, changing rates, issues facing bond investors, etc. Want to understand what drives funds into and out of bond markets? Read this column daily and learn! CAREER PLANNING NOTE: Bonds are investment banks’ savior during the times when stock markets do not do well. It’s not only companies that use bonds to raise money – governments and government institutions...
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...QUESTION 1 1. Gerold invested $6,200 in an account that pays 5 percent simple interest. How much money will he have in ten years? | A. | $8,710 | | B. | $9,000 | | C. | $9,300 | | D. | $9,678 | | E. | $10,099 | 10 points QUESTION 2 1. According to the Rule of 72, you can do which one of the following? | A. | double your money in five years at 7.2 percent interest | | B. | double your money in 7.2 years at 8 percent interest | | C. | double your money in 8 years at 9 percent interest | | D. | triple your money in 7.2 years at 5 percent interest | | E. | triple your money at 10 percent interest in 7.2 years | 10 points QUESTION 3 1. You are comparing two annuities which offer quarterly payments of $2,500 for five years and pay 0.75 interest per month. Annuity A will pay you on the first of ech month while annuity B will pay you on the last day of each month. Which one of the following statements is correct concerning these two annuities? | A. | These two annuties have equal present values but unequal futures values at the end of year five. | | B. | These two annuities have equal present values as of today and equal future values at the end of year five. | | C. | Annuity B is an annuity due. | | D. | Annuity A has a smaller future value than annuity B. | | E. | Annuity B has a smaller present value than annuity A. | 10 points QUESTION 4 1. How is the principal amount of an interest-only loan repaid? |...
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...Chapter 1: Answers to Questions and Problems 1. Consumer-consumer rivalry best illustrates this situation. Here, Levi Strauss & Co. is a buyer competing against other bidders for the right to obtain the antique blue jeans. The maximum you would be willing to pay for this asset is the present value, which is 150, 000 150, 000 150, 000 150, 000 150, 000 PV = + + + + 2 3 4 (1 + 0.09 ) (1 + 0.09 ) (1 + 0.09 ) (1 + 0.09 ) (1 + 0.09 )5 = $583, 447.69. 3. a. Net benefits are N (Q ) = 50 + 20Q − 5Q 2 . b. Net benefits when Q = 1 are N (1) = 50 + 20 − 5 = 65 and when Q = 5 they are 2 2. c. d. e. f. N (5) = 50 + 20(5) − 5(5) = 25 . Marginal net benefits are MNB (Q ) = 20 − 10Q . Marginal net benefits when Q = 1 are MNB (1) = 20 − 10(1) = 10 and when Q = 5 they are MNB (5) = 20 − 10(5) = −30 . Setting MNB(Q ) = 20 − 10Q = 0 and solving for Q , we see that net benefits are maximized when Q = 2 . When net benefits are maximized at Q = 2 , marginal net benefits are zero. That is, MNB (2 ) = 20 − 10(2 ) = 0 . 4. a. The value of the firm before it pays out current dividends is ⎛ 1 + 0.08 ⎞ PV firm = $550, 000 ⎜ ⎟ ⎝ 0.08 − 0.05 ⎠ . = $19.8 million b. The value of the firm immediately after paying the dividend is ⎛ 1 + 0.05 ⎞ Ex −Dividend = $550,000⎜ PV firm ⎟ ⎝ 0.08 − 0.05 ⎠ . = $19.25 million 5. The present value of the perpetual stream of cash flows. This is given by PVPerpetuity = CF $75 = = $1,875. i 0.04 Page 1 Managerial Economics and Business Strategy, 5e ...
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...Field exercises 1 In the given figure the organization has got three departments which are orders department, accounting department and payroll department. The activities which play a major role are order filling, invoicing, accounts receivable, inventory control, accounts payable, payroll and general ledger. Given a project manager the responsibilities of the manager would be mainly concerned with orders department which include order filing system which in turn has customer master file, inventory master file and back order file. The manager is responsible for the team work, initiation plan and design, work flow and order delivery. The manager should also maintain a good customer relation, which is not a major key role but also a challenging responsibility. Product delivery, project status, inventory control are the other major challenging responsibilities. The responsibilities which do not come under manager are payroll department, inventory pricing, invoicing system. These are handled by the accounts department and management department, the manager duty is to only handle his team and deliver the project on given time. 2 The steps involved in project planning: Describing the project scope, alternatives and feasibility is the first stage of project planning where the reasonability of the manager is to give a brief idea of the project scope and its feasibility. The second stage is dividing the project into manageable tasks which helps the team members to allot the work among...
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...Chapter 11 Chapter 11 Issues of Reporting, Disclosure and Financial Analysis Questions for Review and Discussion 1. The key criterion is financial accountability — the primary government either appoints a voting majority of the unit’s governing body or a majority of the unit’s governing body is composed of primary government officials and • the primary government is able to impose its will upon the potential component unit or • there is the potential for the organization to provide specific financial benefits to, or impose specific financial burdens on, the primary government. 2. Discrete presentation is when one or more component units are reported in separate columns, in addition to those pertaining to the primary government. Blending is when the component units’ transactions and balances are reported as if they were part of the primary government — that is, the component units’ funds are accounted for just as they were funds of the primary government. Blending is required when the primary government and the component units are controlled by governing boards having the same members or the component unit provides services solely to the primary government. If those conditions are not satisfied then discrete presentation is required. 3. Discrete presentation, as it must be applied in government-wide statements, allows for the aggregation of any number of different component units, irrespective of type and basis of accounting. Therefore, it...
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...Terms and Names 1. Upton Sinclair was a journalist who focused his novel on the human condition of the stockyards in Chicago. 2. The Jungle, written by Upton Sinclair, exposed the conditions of the meatpacking industry. 3. Theodore Roosevelt was originally the McKinley’s vice-president, but after McKinley was assassinated, Roosevelt became president. He was also the youngest president at 42 years old. 4. The Square Deal is the term Roosevelt used to describe the various progressive reforms he sponsored. 5. The Meat Inspection Act introduced strict sanitary requirements for meatpackers and created the federal meat inspection. 6. The Pure Food and Drug act was passed by congress in 1906. It halted the sale of contaminated foods and medicines and demanded veracity in labeling. 7. Conservation, to Muir was the complete preservation of the wilderness. While to Roosevelt and Pinchot, it meant that some wilderness will the preserved while others will be developed. 8. The NAACP stood for the National Association for the Advancement of Colored People. The NAACP’s purpose was to achieve equality among the races. Critical Thinking Forming Generalizations: Experts greatly influenced Roosevelt’s reforms. Upton Sinclair, an expert on the meat scandal, greatly influenced Roosevelt’s Meat Inspection Act by exposing the unsanitary conditions of the meatpacking industry. Dr. Harvey Washington, a Chief Chemist at the Department of Agriculture, greatly...
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