TrueBlood Case – Rough Waters Ahead 1. How should Smooth Sailings’ management perform the recoverability test for the cruise ship as of December 31, 2010? In addressing this question, consider: The following are the required steps to identify, recognize and measure the impairment of a long-lived asset (group) to be held and used: Step 1: Indicators of impairment — FASB ASC 360-10-35-21 “A long-lived asset (asset group) shall be tested for recoverability whenever events or changes in
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The causes and effects of European Exploration were many and varied. Europeans did many things and reached many different places. Since Gold and Glory was on of the things all European Explorers wanted, the strived to find big and bold things. They wanted to settle in the new lands and find far away places that nobody had discovered before. The explorers wanted to find a way to Asia for riches. They also wanted fame and to get silk and spices. Some of the spices they wanted to find were Ginger,
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duty". Now that the British navy was in formation and sailing right at the combined fleet it was time for the battle to begin. Nelson led the windward column in the Victory while the leeward column was led by Vice Admiral Cuthbert Collingwood, 1st Baron Collingwood (1748 – 1810) in the HMS Royal Sovereign. It would be the Royal Sovereign that would be the first British ship to enter range of the combined fleet and it would be the French ship Fougueux that would fire the first shots of the battle
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Irregular Warfare in Somalia Introduction Irregular warfare can be defined as a violent struggle among state and non-state actors for legitimacy and influence over the relevant populations. Irregular military in this case refers to a substandard form of military recruitment that does not comply with national and international military guidelines. This means that the people recruited in the army are not qualified in terms of age and education. Some of them are children who are trained in hostile
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Introduction Irregular warfare can be defined as a form of warfare in which one of the combatants is composed of irregular military (Morgan, 2008). Irregular military in this case refers to a substandard form of military recruitment that does not comply with national and international military guidelines. This means that the people recruited in the army are not qualified in terms of age and education. Some of them are children who are trained in hostile environments and taught to adopt and become
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thirteen tons of gold bullion (gold not yet made into money). Thirteen tons of bullion would be the equivalent of forty million kroner or nine million dollars of USA money. The Germans are coming and a man, Uncle Victor, comes up with the idea of sailing
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many instruments produced during the Renaissance included the compass, the astrolabe, the hourglass, the log, the throwing lead, and the map. The astrolabe, also known as the quadrant, checked the position of the ship in relation to the Equator; the log measured the distance covered by the ship; the hourglass measure time; the throwing lead measured depth. In addition, map-making had become more accurate while the invention of the compass made it possible to determine the
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the sea and spent much of his time as a child riding ships. Although he had little schooling he was a genius when it came to the sea. He later became a master navigator and admiral whose four transatlantic voyages opened the way for European exploration, exploitation, and colonization of the Americas. Columbus had a plan to prove the world was round and that there was a quick route to India. His goal was to find a route to the islands by sailing east in hopes of establishing a city for trade, seaports
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British troops guarding the Boston Customs House. “Come on, fire if you dare, you bloody backs” shouted the crowd. Some Patriot leaders tried to persuade the crowd to go home. So did the leader of the troops, Captain Thomas Preston. But it had no effect on the mob. As the mob pressed on towards the soldiers and knocked one to the ground, they started to fire out of fear. Two bullets struck Crispus Attucks, a black man at the front of the crowd. He was the first to die but not the last. The enraged
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Intermodalism 4-6 • Freight rate 6-7 • Tanker (ship) 7-9 Issues • Piracy 10-11 •
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