Essays

Campaign Finance Issues

We are not a democracy, yet we do have a voice in our own government. Elections are the choice microphones for many citizens. There on Election Day, they have the right of making their voices heard; however, many interest groups and a few individuals seem to have a louder voice due to campaign financing: No U. S. official should be beholden to one or a few groups. And no group or individual should have a greater claim on our elected leaders than any other. Thats the way it should work.…

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Essays

Kellogg’s Company

Objective: Our goal in composing a financial statement is to construct the most comprehensive, thorough document possible, in order to attract investors and to confirm that we have taken the time to explore as many potential issues for your business as may arise. Summary of findings: Our level of cereal marketing investment early in 1998 was not sufficient in the face of extremely competitive market conditions. This situation hurt our volume performance for much of the year and, combined with other issues in markets around the world, led to a…

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Essays

Asian Financial Crisis

Have you ever been in a situation where you were low cash and in debt? Well, I know I have. I remember one time when I had used up all of my money for the month, and owed, at the same time, my sister ten dollars. Boy, that was pure hell. You cant buy anything, and you feel like you have no control over anything. Well, imagine an entire continent in a financial rut. That is what is currently going on in Asia. This dilemma is known as the Asian…

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Essays

Gasoline Prices – O.P.E.C.

The price of gasoline is a major interest to almost everyone in the country and almost everywhere in the world. It seems that every month or even more frequently, gas prices are either rising or dropping but never staying stable. Gasoline prices are affected by many factors, including the price of crude oil in the world market, supply and demand for gasoline, local market competition, temporary supply interruptions, government regulations, or taxes. Gasoline is produced by a distillation process where crude oil is heated and fumes are captured and converted…

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Essays

Social Interaction Of Interest

Throughout the 20th century, there has been a definite difference between men and women and their median income. Studies show that womens median earnings are substantially less than mens earnings. However, this earnings gap has started to close recently, bringing the percentage of womens earnings closer to that of the median earnings of men. According to the Census Bureau, the gap stayed relatively constant from 1960 to 1980. From 1980 to 2000 the median of womens earnings as a percentage of the median of mens earnings increased by nearly fourteen…

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Essays

Health care, Cost & Basis First things first

The Budget: Total up your fixed expenses and your flexible expenses. Subtract this total from your total income. If there is something left over, congratulations! You are living within your means. This would be a good time to decide where you can accelerate payment on your fixed expenses. If there is nothing left, or if your expenses exceed your income, it is time to sit down and seriously consider where you can cut back in order to start living a financially responsible life. It is in the context of a…

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Essays

Pursuing a Doctoral Degree in Finance

I have an excellent job with tremendous advancement opportunities. At my well-paid job at a prestigious investment bank on Wall Street, my computer science and analytical skills are recognized and lauded. Moreover, I enjoy intellectual interactions with my Ph. D. colleagues, have many friends, and am appreciated by my managers. Still, I feel a void in my life. While my friends and colleagues do not understand my decision to leave my rewarding career, I know that I have no choice if I am to pursue my long-term goal and my…

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Essays

The Importance Of Accounting In Our Modern Society

Accounting is a very important term to our modern society. It is the career for men and women who at the start have their eyes set on top positions in industry, management, government, and general business. Accounting is a basic need of every businessmen, from the operator of a filling station to the government of the United States. It’s so important to our society. None of the business organization can operate without is. They are there-somewhere-in every business. In small business, people use pen, ink and skill keep teh records.…

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Essays

Foreign Exchange Market

The foreign exchange market is one of the most important financial markets. It affects the relative price of goods between countries and so can affect trade. It means that it affects the price of imports and so affects a countrys price level (inflation rate). It also affects the international investment and financing decision. In this project, we will try to find why exchange rate would give many risks to a company and how a company can hedge itself. The price of one currency expressed in terms of another currency is…

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Essays

Being A Millionare Isn’t For Me

You have just won a million dollars! shouted Regis on the most popular show that has ever hit television. A fifty-one year old retired, high school teacher sat on the hot seat in absolute amazement. In seconds his life changed from being an ordinary, retired father of two, and living with his wife in a small Manhattan home to becoming a millionaire. I sat in my living room wishing that it was me who had answered that last question correctly in that seat, instead of sitting in my favorite black…

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Essays

The Italian Lira, New Currency

The Italian Lira is a fairly new currency with roots that lie deep within Italian culture. The word “lira” is actually derived from the Latin word “libra”, meaning pound, making it a distant cousin to that of the British pound sterling. The lira was a monetary unit long before it existed as a coin or note. The lira made its first appearance in the hands of bankers, merchants and consumers in Venice in 1472, put in place by Doge Nicolas Tron. The Venice lira set a trend for large silver…

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