era of low interest rates, companies issue debt with coupon rates close to prevailing interest rates. However, during high interest rate environments, cash strapped companies could issue debt with substantially lower coupon payments (sometimes, even zero coupon). In such cases, amortized cost and face values can diverge significantly. Fair value also reflects the current value of debt. However, fair values diverge from amortized present values because they reflect
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date. The Greeks brought the Pythagorean theory; the Romans brought the Roman Numerals and even the Islam brought the “al jabr” which is known today as “Algebra”. The Chinese brought the remainder theorem and the Indians developed the decimal system, zero and negative numbers, and did early trigonometric work on the sine and cosine. The first computers were calculating machines and over time evolved into the digital computers, as we know them today. It has taken over 180 years for the computer to develop
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European Journal of Social Sciences – Volume 16, Number 2 (2010) Service Quality (Servqual) and its Effect on Customer Satisfaction in Retailing C.N. Krishna Naik Head & Chairman, Board of Studies, Sri Krishna Devaraya Institute of Management Sri Krishna Devaraya University, Anantapur, Andhra Pradesh, India E-mail: profkrishnanaik@gmail.com Swapna Bhargavi Gantasala Assistant Professor, Aurora’s P.G. College Ramanthapur, Hyderabad E-mail: sappusunnyankith@gmail.com Gantasala V. Prabhakar Director
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CHAPTER 1 APPROACHING THE MATERIAL It's the first chapter in the text for a course that most of your students wish they did not have to take. My class opens with an admission that I am very aware of this fact, and have a big job responsibility – to explain why it was worthwhile to spend my life working with economics and that it will pay them to learn why. Chapter 1 is about how economists think, and why they think that way. In my opinion the most important concepts to convey are:
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CHAPTER 1 APPROACHING THE MATERIAL It's the first chapter in the text for a course that most of your students wish they did not have to take. My class opens with an admission that I am very aware of this fact, and have a big job responsibility – to explain why it was worthwhile to spend my life working with economics and that it will pay them to learn why. Chapter 1 is about how economists think, and why they think that way. In my opinion the most important concepts to convey are:
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FORTUNE -- It was a humiliating moment. Congressman Edolphus Towns was upbraiding a top Johnson & Johnson executive. Certainly Towns (D-N.Y.), the chairman of the House Committee on Oversight and Government Reform, has browbeaten his share of CEOs and Wall Street titans. But it's not the sort of thing that usually happens to J&J. At this hearing in May, though, Towns laid into the health care giant. "The information I've seen during the course of our investigation raises questions about the
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quality as “performance to standards.” Others view it as “meeting the customer’s needs” or “satisfying the customer.” These are some of the common definitions: • Conformance to specifications: How well the product or service meets the targets and tolerances determined by its designers. For example, the wait for a fast food service may be specified as 20 minutes, but there may be an acceptable delay of an additional 10 minutes. Therefore, customers will measure quality by the performance of the complete
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Sample Level I Multiple Choice Questions 1. Sammy Sneadle, CFA, is the founder and portfolio manager of the Everglades Fund. In its first year the fund generated a return of 30 percent. Building on the fund’s performance, Sneadle created new marketing materials that showed the fund’s gross 1year return as well as the 3 and 5-year returns which he calculated by using back-tested performance information. As the marketing material is used only for presentations to institutional clients, Sneadle does
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Accounting Fraud Examination By: Wagner October 12, 2011 Introduction As we look back on the first decade of the 21st Century, we see that Corporate America and the Financial Markets were riddled with corruption and fraud. At the beginning of the decade we saw the likes of Enron and WorldCom become insolvent due to accounting frauds of epic proportions. The one case that stands out amongst all of them is the Bernard Madoff case, which is considered to be the largest fraud case of all
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Business ethics relating to Corruption Chapter 1 Introduction: What Corruption is and Why it Matters? People everywhere are more concerned than they ever have been about corruption and business ethics. This represents social changes that are occurring everywhere, though to different degrees. Partly this may be due to the pioneering efforts of the organization transparency International, which has not only spearheaded the fight against corruption, but has made it possible to gauge and compare
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