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    responsible for all the debts incurred by the business. If it goes bad, he may be forced to sell other assets and the personal assets could be at risk. The tax disadvantage is that a person may be liable to pay income tax up to the top marginal tax rate (Pendieton & Vickery, 2005). Moreover, this form is limited by skill, time and investment of the individual owner (Harris, Hargovan & Adams,…

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    3.3 Likewise, potential frauds were identified and recommendation for improvement has been made. 3.4 To estimate costs and benefits of the recommended solution, the writer has carried out cost-benefit analysis. Organisation Background Cookridge Carpets LTD is a limited company set up by 2 brothers, John and Peter Cookridge, in 2007 and has been trading for 3 years. The company is a large carpet, soft furnishings and bed dealership in Southampton and is the main dealer…

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    Store’s business plan is the financial plan. This section lays out the investment opportunity and all of the costs associated with it as well as how the business will formulate a profit. It contains such items as income statements, balance sheets, cash flow analysis, cost control, and more. Other pertinent information is contained in the appendix of the business plan. This section is important because it goes into much more detail the information that may not have been included in the other…

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    Refer to Table 17-12. Which outcome is the Nash equilibrium in this game? a. Up-Right b. Up-Left c. Down-Right d. Down-Left 8. The Condorcet paradox a. proved that the Arrow impossibility theorem is wrong. b. was proved wrong by the Arrow impossibility theorem. c. serves as an example of the Arrow impossibility theorem. d. pertains to voting systems, whereas Arrow's Impossibility Theorem does not. 9. When each voter has a most-preferred outcome for the expenditure on a…

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    Mensa Situational Analysis

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    The businesses have different demand and growth rates and some will lag behind in long-term revenue. The company will be challenged in areas such as research and development, production and finances, in order to achieve sustained profitability for the next five years. In the future, some of the businesses…

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    It is the only active volcano in Europe’s mainland. The volcano is very dangerous because of the large population of people in the city below it. It is classified as a complex stratovolcano because it explodes and had pyroclastic flows, which means it consists of rock pieces. It had some major eruptions for example: the “Avellino eruption” that occurred in about 1780 B.C.. Lava, ash, and rocks plummeted 22 miles into the sky. The prehistoric catastrophe completely destroyed everything…

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    moment at lunch and evening. ◦ Wings will be the main entree throughout the menu. Additionally, sandwiches, and meal from different time in the day. ◦ There is a strong market for this form of business. The location has to be ideal to maintain a great flow of consumers. Consumers like great product and services, therefore will encourage friends to visit the business. ◦ The business philosophy is to treat every customer…

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    Product Lines________________________________________________________ Gable Vents: The real benefit of Onyx Exteriors gable vents is its manufacture and its material. Our gables have an expected lifetime of fifty years which far exceeds the ten years of vinyl gables. As vinyl vents age they become outdated, no longer look good, and do not vent the attic adequately. Consequently, they need to be replaced. Galvanized gable vents offer limited improvement. They do perform better than vinyl ones…

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    8.1.4 Liquidity risk. Management of American Airlines capital and cash can affect the variability and predictability of revenue and cash flow. Liquidity risk is a measure of the company’s ability to meet short term obligations. American Airlines liquidity abilities can be examined through its current ratio, quick ratio and cash ratio. Table 1 Liquidity Ratios for three consecutive periods: American Airlines 2016 2015 2014 Current Ratio 0.74 0.73 0.88 Quick Ratio 0.67 0.67 0.80 Cash Ratio 0.46 0…

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    Cash Flow Analysis Essay

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    Results A cash flow analysis for establishing a high density apple orchard is contained in Table 5. while one for a standard density apple orchard is contained in Table 6. A cash flow analysis shows the cash costs required to establish the orchard (Mowen, Hansen & Heitger, 2014). Cash costs include labor, trees, the irrigation system, chemicals, bee hives, equipment repairs and property taxes. The cost of the land is not included, since the orchard is paid off from income from another…

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