...hedging d. loss control Answer: b Type: K 2. If unexpected increases in losses from price risk are not offset by cash inflows from insurance contracts, hedging arrangements or other contractual risk transfers, they will result in: a. an increased stock price b. a reduced stock price c. bankruptcy d. increased diversification Answer: b Type: K 3. Johnson Incorporated, located in California, had a $1 million uninsured loss due to an earthquake in 1997. What impact is this likely to have on the firm’s value? a. It will have no impact. b. The firm value will increase by $1 million. c. The firm value will decrease by $1 million. d. The firm value will probably decrease, but the amount of decline will depend on other factors such as the firm’s level of diversification of risk. Answer: d Type: A 4. The cost of risk may include all of the following except: a. the cost of insurance. b. the cost of raw materials. c. the cost of increased precautions to control losses. d. the cost of investments in information to reduce risk. Answer: b Type: A 5. Maximizing the value of the firm is the same thing as minimizing the cost of risk if: a. the managers are socially responsible. b. the cost of risk is defined to include all risk-related costs from the perspective of the firm’s shareholders c. loss control is used effectively d. the managers’ incentives are aligned with the incentives of the firm’s shareholders Answer: b Type: K 6...
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...that affects hearing loss and vision loss. A syndrome is a disease or a disorder that has more than one symptom. Symptoms that come with ushers syndrome are hearing loss and vision loss, Which are affected by retinitis pigmentosa or RP. Usher syndrome is the most common condition that affects both hearing and vision. A syndrome is a disease or disorder that has more than one feature or symptom. The major symptoms of Usher syndrome are hearing loss and an eye disorder called retinitis pigmentosa, or RP. Usher syndrome is an inherited condition characterized by progressive vision loss and hearing impairment. The vision loss is due to retinitis pigmentosa (RP), a degenerative condition of the retina, and...
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...hedging d. loss control Answer: b Type: K 2. If unexpected increases in losses from price risk are not offset by cash inflows from insurance contracts, hedging arrangements or other contractual risk transfers, they will result in: a. an increased stock price b. a reduced stock price c. bankruptcy d. increased diversification Answer: b Type: K 3. Johnson Incorporated, located in California, had a $1 million uninsured loss due to an earthquake in 1997. What impact is this likely to have on the firm’s value? a. It will have no impact. b. The firm value will increase by $1 million. c. The firm value will decrease by $1 million. d. The firm value will probably decrease, but the amount of decline will depend on other factors such as the firm’s level of diversification of risk. Answer: d Type: A 4. The cost of risk may include all of the following except: a. the cost of insurance. b. the cost of raw materials. c. the cost of increased precautions to control losses. d. the cost of investments in information to reduce risk. Answer: b Type: A 5. Maximizing the value of the firm is the same thing as minimizing the cost of risk if: a. the managers are socially responsible. b. the cost of risk is defined to include all risk-related costs from the perspective of the firm’s shareholders c. loss control is used effectively d. the managers’ incentives are aligned with the incentives of the firm’s shareholders Answer: b Type: K 6...
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...Cause Deafness Types of Diseases and How They Cause Deafness For Adults One of the most common diseases that can cause hearing loss is called Otosclerosis. Otosclerosis is a condition caused by an unusual bone remodeling in the middle ear. During Otosclerosis, this remodeling process disrupts the ability of sound to travel from the middle ear to the inner ear. This disease typically causes conductive hearing loss, which occurs when sound is not conducted efficiently or effectively through the outer ear canal to the eardrum and the ossicles of the middle ear. This disease affects more than three million people in the United States, and in most cases, Otosclerosis is passed down from parents. Another common disease that causes deafness is Vertigo. Vertigo can be one of two ways, peripheral or central. Peripheral vertigo is the cause of deafness. This is due to a problem found within the inner ear. Vertigo occurs when the inner ear becomes inflamed because of illness, small crystals, or stones typically found within the inner ear, which can cause irritation to the small hair cells found deep within the inner ear. One disease that goes hand in hand with Vertigo is Meniere's...
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...Deaf and Hearing Loss Most students with hearing loss experience delayed performance in academic achievement. The earlier hearing loss occurs in a student’s life, the more serious the effects are on the student’s development. Different types of hearing loss affect students’ ability to hear in various ways. The first type is Conductive, which affects the loudness of sounds heard. This type can be reduced or eliminated through medical treatment and special education is not always necessary for these students. A second type of hearing loss is Sensor Neural, which affects loudness, sounds and clarity a student hears. Since this hearing loss is permanent and cannot be repaired, early identification and intervention is a must in these cases. The last type of hearing loss is Mixed Hearing, which combines the characteristics of the previous two types. Hearing loss can cause delay in development of receptive and expressive communication skills, resulting in learning problems and reduced academic achievement. Communication difficulties can also lead to limited social skills and poor self-confidence. Students with hearing loss have difficulty with all areas of achievement, especially reading and math. The involvement of parents and schools can be a strong impact on the students’ level of achievement. Language development is the basic requirement for success, as most students will experience a language delay and may require interpreters or assistants for communication...
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...The purpose of this paper is to discuss how to live with hearing loss and methods to cope with the emotional, psychological, and social effects of a hearing loss. The physical aspects of hearing impairment, including hearing mechanisms and how the ear functions are also discussed. The topic is important because understanding the various causes of hearing loss in addition to methods and resources to help with coping with a hearing loss will assist in improving communication with family members, friends, co-workers and complete strangers resulting in a better quality of life. This paper is organized into seven sections. Section one will discuss how hearing loss affect people in the U.S.; the physical parts of the human ear; how the ear functions, and different types of hearing loss. Section two will discuss the psychological, (i.e., social and emotional) effects of hearing loss. Section three will discuss how hearing loss can effect relationships. Section four will discuss where to seek medical help. Section five will discuss the pros and cons of hearing aids and associated cost. Section six will discuss tinnitus (ringing or roaring in the ear), and my personal experience coping with tinnitus and hearing loss. Section seven will present the conclusion. People of all ages suffer from hearing loss and in particular as a result of noise damage, whereby “many cases of hearing loss – at least 10 million of the 28 million total cases in the U.S. – are a result...
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...one choice of diet and most weight loss programs are using the same concept. For example Jenny Craig, Lindora, Atkins and Zone are some popular diets that focus on high protein/low carbohydrate. High protein diets consist of 10% – 35% of total calorie intake from protein. These type of diets are popular because they satisfy hunger and the weight comes off rapidly. In additional to satisfying hunger and losing weight these diets were found to have additional health benefits for women. Research suggests that high protein diets have positive results for obese women because they reduces the risk for diabetes type 2, decrease the incidence of cardiovascular disease, and helps women retain muscle mass. One of the major health benefits from a high protein diet is that it can prevent a woman from developing Diabetes type II or if a woman has type II diabetes it can be controlled with the diet. Type II Diabetes is a chronic disease in which there are high levels of glucose in the blood. The body will still make insulin but as time goes by the pancreas will make less and less insulin which makes it harder to keep blood glucose (sugar) under control. This can be acquired by a diet high in carbohydrates and being overweight. Kerksick et al. 2010 stated that “studies which incorporated insulin resistant, metabolic syndrome or those diagnosed with type II diabetes reported that diets with a higher protein intake stimulated greater weight loss and improvements in glucose homeostasis...
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...risks and potential liability, many of the first friendly societies were unable to pay claims, and many eventually disbanded. Insurance gradually came to be seen as a matter best handled by a company in the business of providing insurance. Insurance companies began to operate for profit in England during the seventeenth century. They devised tables to mathematically predict losses based on various data, including the characteristics of the insured and the probability of loss related to particular risks. These calculations made it possible for insurance companies to anticipate the likelihood of claims, and this made the business of insurance reliable and profitable Definition of Insurance A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured, A contract whereby, for specified consideration, one party undertakes to compensate the other for a loss...
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...Solutions to Chapter 7 Problem Assignments Check Your Understanding 3. Realized vs. Recognized Gain Explain the difference between a realized gain and a recognized gain. Solution: A realized gain is the excess of the amount realized on a sale or exchange over the adjusted basis of the property sold or exchanged. The recognized gain is the amount of this realized gain that will be treated as income and subject to tax on the seller’s income tax return. 4. Asset Classification What type of assets are Section 1231 assets? What type of assets are capital assets? What type of assets are ordinary income assets? Give several examples of each type of asset. Solution: The most common Section 1231 assets are depreciable realty and personalty used in a trade or business and nondepreciable trade or business realty that have been held for more than one year. Long-term capital gain property held for the production of income that is involuntarily converted is also Section 1231 property. To qualify, all of these assets must have been held for more than one year. Section 1231 assets include machinery and equipment, office furniture and fixtures, rental real estate, factory buildings and land held for future expansion of a business. Capital assets include most investment properties and personal-use assets. They exclude inventory, real and depreciable property used in a trade or business, and accounts and notes receivable from the sale of inventory in the ordinary...
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...Hearing Assistive Devices There are several types of hearing loss, which can lead to the need for a hearing assistive device. The types of hearing loss are as follows: Conductive hearing loss, Sensorineural hearing loss, Mixed hearing loss, Central and Functional hearing loss. Conductive hearing loss is when there is not enough sound getting thorough the outer and middle ear. Sensitivity to sound is diminished, but clarity is not changed as long as the sound is loud. Sensorineural hearing loss, sound is flowing normal through the outer and middle ear, but there is impairment in the inner ear auditory nerve (CN VIII) causing hearing loss. A problem with sensorineural lose is that sound is heard, but the person doesn’t understand speech. Mixed hearing loss is a combination of conductive and sensorineural. Central hearing loss is a problem in the central nervous system involving the inability to interpret sound. Functional hearing loss is caused by an emotional or psychological factor in which there is no physical finding of hearing loss (Lewis et al., 2011) Mosby and Elsevier (2009) (Crusse & Kent, 2013). To determine the type of hearing loss, type of hearing device needed and proper fit, there are different doctors with different levels of education a person can see. Choosing a correct hearing specialist is important. An Audiologist can identify and access hearing disorders. They can also select and correctly fit hearing aids. Audiologists can also program cochlear...
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...Low Fat Diet with Exercise Versus Diet Pills University of Phoenix Low Fat Diet with Exercise Versus Diet Pills "If it is too good to be true, then it probably is". In the United States of America, obesity has become a concern for the common public. People get increasingly attracted to anything that claims a quick and effective weight loss technique. Although most people understand that they can lose weight through dieting and regular exercising, they get easily fascinated about the advertisements of diet pills that offer a slim physique within a few months without the hazards of exercising or diet control. This paper is comparing and contrasting the two methods for weight loss: exercising with a balanced low fat diet versus taking prescription diet drugs. Eating a healthy diet and regular exercising can help obese Americans to lose more weight in the long term than do unsafe diet pills. Obese people depend on different methods to lose their weight when they make a decision to shed their extra weight. The most accepted method is to change the diet into a balanced and low fat diet with doing adequate physical exercise. Another method is the use of diet pills to lose weight, which has become very popular among Americans recently. Healthier options of dieting are always good for losing weight. The human body uses food for energy, and any excess energy is stored as fat. When body is set to use these stored fat, the weight losses. The most effective way to do this is...
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...Nadifa Yusuf Presentation Hearing Loss What is hearing loss? Hearing loss, or hearing impairment happens when there is a problem with one or more parts of the ear or ears. Someone who has hearing loss might be able to hear some sounds or nothing at all. People also may use the words deaf, deafness, or hard of hearing when they're talking about hearing loss. About 3 in 1,000 babies are born with hearing impairment, making it the most common birth defect. A hearing problem can also develop later in life. To understand how and why hearing loss happens, it helps to know how the ear works. The ear is made up of three different sections: the outer ear, the middle ear, and the inner ear. These parts work together so you can hear and process sounds. The outer ear, or pinna (the part you can see), picks up sound waves and the waves then travel through the outer ear canal. When the sound waves hit the eardrum in the middle ear, the eardrum starts to vibrate. When the eardrum vibrates, it moves three tiny bones in your ear. These bones are called the hammer, anvil, and stirrup. They help sound move along on its journey into the inner ear. The vibrations then travel to the cochlea, which is filled with liquid and lined with cells that have thousands of tiny hairs on their surfaces. There are two types of hair cells: the outer and inner cells. The sound vibrations make the tiny hairs move. The outer hair cells take the sound information, amplify it (make it louder), and tune it. The inner...
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...transmitter to the antenna, and maximum signal from the antenna to the receiver. During this signal transfer certain types of losses occurs e.g.-conductor losses, dielectric heating losses, radiation losses, insertion losses, power losses, and losses due to corona. The objective of this paper is to discuss all these losses. INTRODUCTION:- Before discussing about losses in transmission lines we have to know about transmission lines, their history, their theory, their properties and different types of transmission lines. A TRANSMISSION LINE is a device designed to guide electrical energy from one point to another. It is used, for example, to transfer the output rf energy of a transmitter to an antenna. This energy will not travel through normal electrical wire without great losses. Although the antenna can be connected directly to the transmitter, the antenna is usually located some distance away from the transmitter. On board ship, the transmitter is located inside a radio room and its associated antenna is mounted on a mast. A transmission line is used to connect the transmitter and the antenna. The transmission line has a single purpose for both the transmitter and the antenna. This purpose is to transfer the energy output of the transmitter to the antenna with the least possible power loss. How well this is done depends on the special physical and electrical characteristics (impedance and resistance) of...
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...Hearing Loss: An Increasing Problem Today’s youth have adopted a lifestyle revolving around technology. More and more teens and young adults have their own laptop computers, video game systems, and digital music players. The latter of which is causing an outcry from many experts. Hearing loss is more common than ever before with about 16% of Americans affected (Blue). Cranking up to volume on a music player for too long can have undesired consequences, most notably being premature hearing loss. Hearing loss resulting from listening to MP3 players too loudly is becoming an increasing problem among young adults and teenagers. Listeners need to turn down the volume on their devices if they want to save their hearing. Hearing loss in relation to music is a relatively new condition. Declining prices of MP3 players and the huge success of Apple’s IPod has put earbuds in an increasing number of American’s pockets, making the number of potential people exposed to loud music higher than ever before. The IPod can be the most dangerous of all music devices due to the design of its earbuds. Since the bud is directly in the ear, it has a stronger effect on hearing. At 80% of the maximum volume, it is safe to listen to IPods for only just over an hour per day. Compare this to over the ear headphones which can be safely listened to for almost 5 hours at the same volume level. Special sound-isolating headphones are a rapidly growing technology as well. These headphones keep all background...
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...chapter Eric Futran/Foodpix/Jupiterimages In the SPOTLIGHT Leidenheimer Baking Company http://www.leidenheimer.com andy Whann is the fourth generation of Leidenheimer men to run [the Leidenheimer Baking Company], which was founded in 1896 in the city of New Orleans by Sandy’s greatgrandfather, George Leidenheimer of Germany. The bakery produces French bread made famous by traditional local dishes like the muffaletta and po boy sandwiches that originated in the heart of the French Quarter. As a lifetime citizen of New Orleans, Sandy has experienced many evacuations and has become adept at hurricane planning through the years. When the hurricane alert [for Katrina] was issued on Saturday, August 27, 2006, this veteran immediately put his family emergency plan into effect as his wife and two children prepared to leave the city. Sandy remained near the plant to keep a close eye on his 110-year-old company and keep production working at a minimal capacity. With his family out of the city, Sandy uncharacteristically decided to shut the bakery down, secure its exterior, gas lines and doors and encouraged his employees to prepare their own homes and loved ones for the storm and potential evacuation. Both Sandy and the Leidenheimer management team keep home phone numbers and emergency evacuation contact information for all employees. 23 LOOKING AHEAD Managing Risk in the Small Business S After most of his employees had left, only Sandy, his plant manager, and chief engineer...
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