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Useful Words for Writing and Reading

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INCREASE (v.) (TO INCREASE) We need to increase production to meet demand. Synonyms and examples grow The number of people living alone grows each year. rise Prices rose by 10 per cent. go up House prices keep going up. escalate Crime in the city has escalated in recent weeks. rocket Building costs have rocketed by 70%. soar House prices have soared this year. expand We’re hoping to expand our range of products. extend The company extended its sales territory this year. maximize We need to maximize profits. INCREASE (n.) (AN…

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Solution (Excel version) to ACCA Conditional Probability Example

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The example below is prepared by ACCA, extracted from the topic of conditional probability under Advanced Financial Management (Paper P4). Please refer to the link below for details. https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p4.html I have prepared a Microsoft Excel version of the solution. Problem Brisport Master Motor Co (Brisport) designs, manufactures and sells a range of components for the motor car industry. The design team has recently designed a new component for inclusion into hybrid cars. The component greatly enhances the battery ‘road time’ and therefore reduces the frequency with which the battery has…

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Some Similarities and Differences between Sarbanes-Oxley Act & UK Corporate Governance Code

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The Sarbanes-Oxley Act (SOX) and the UK Corporate Governance Code are two sets of rules and recommendations that aim to ensure proper accountability, transparency, fairness and responsibility in the conduct of an organisation’s business. Both SOX and the Code apply to listed companies, but they differ in their scope, approach and enforcement. Similarities Differences

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Comparing the Book Value and Market Value of Tencent (2023)

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One way to evaluate the performance of a company is to compare its book value and market value. Book value is the net asset value of a company, calculated by subtracting its total liabilities from its total assets. Market value is the current price of a company’s shares multiplied by the number of shares outstanding. Tencent is one of the largest technology companies in China, with a diversified portfolio of online services, gaming, social media, e-commerce and cloud computing. According to YCharts, Tencent’s book value per share as of December…

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Major Changes of Constituent Stocks of Hang Seng Index (2011-2021)

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The Hang Seng Index (HSI) is a benchmark index that tracks the performance of the largest and most liquid companies listed on the Hong Kong Stock Exchange. The index consists of 58 constituent stocks as of June 2021, representing various sectors such as financials, utilities, real estate, and consumer goods. The index is reviewed quarterly to ensure that it reflects the changes in the Hong Kong market. Over the past 10 years, the HSI has undergone several changes in its constituent stocks, reflecting the dynamic nature of the Hong Kong…

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Double-entry made simple

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This is a presentation I created to teach double-entry in different accounting courses. Although it is the foundation of financial accounting, the mechanism can be very difficult to understand and apply. My tip for you is to think of it as the flow of money from one place to another. Since money flows from one place to another, 2 (or more) places (i.e. accounts) must be involved. In this example, $20 departs from A and arrives at B. To understand the mechanism it doesn’t matter what A and B are.…

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