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Lange model
The St. Petersburg Paradox
The St. Petersburg Paradox is a famous problem in economics and game theory that has fascinated numerous economists, philosophers and mathematicians since it was first presented in the late 18th century. The paradox is based on a simple game, in which a coin is flipped ......
08/07/2023 
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Samantha
payment balance sheet
Preparing the Cash Receipts and Disbursement Balance Sheet
The cash receipts and disbursement balance sheet, sometimes referred to as the cash flow statement, is an important financial report which provides a summary of the total amount of cash coming in and going out of your business. It shows t......
St. Petersburg Paradox
Saint Petersburg Paradox
The Saint Petersburg Paradox is a logical problem concerning the expected value of a series game. It is named after the Russian city of Saint Petersburg, where it was published in 1738 by Swiss mathematician Daniel Bernoulli. The paradox was first proposed as part of a di......
Unemployment Insurance Tax
Unemployment insurance tax
Unemployment insurance tax is a payroll tax, also known as a Federal Unemployment Tax Act (FUTA) tax, that employers in the United States are required to pay. The tax funds state unemployment agencies which provide income for workers that lose their jobs through no fault......
Profit Distribution Management
The purpose of corporate profitability distribution is to ensure that the companys long-term health and prospects can be effectively maintained and improved. Corporate profitability distribution must observe certain principles, including that the board of directors of a corporation must participat......
social care
Social Welfare of Disabled People
People with disabilities have the same rights, privileges and opportunities as those who are able-bodied. However, in practice, disabled people often suffer from discrimination, marginalization and exclusion due to their impairments. Therefore, governments and oth......
audit procedures
Introduction Auditing is the process in which a private individual or organization, formally appointed by an organization or the government, exercises supervision and examines the books of accounts and other records of the company in response to audit requirements. Audit procedures are procedures u......
London School
Introduction
The London School of Economics (LSE) is an internationally renowned higher education institution and one of the world’s leading centres for research and teaching in economics, business, management, politics, philosophy and law. Located in the heart of London’s academic and politica......
general liquidation
Normal settlement is an important element of international trading. It is a long and complex process that involves many different players, making it difficult to manage. This article explores the process of normal settlement, from the time the transaction is made, to when the payment is received.
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small loan
Small Loans
Small loans can be beneficial to individuals who need quick access to funds. Whether it is for an unexpected expense or to cover an investment opportunity, small loans can provide a means of taking care of financial matters without resorting to major banking actions or credit card de......
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