Not many college students have to balance books with brain surgeries, but Claudia Martinez has done both while completing medical school.
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Most of the 30 million small businesses in this country sell pizzas, fix cars, repair roofs, balance books and mow lawns.
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Five straight years of bumper crops have resulted in excess supply, depressing commodity prices and eroding the savings and equity on the balance books.
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"If there is not enough liquidity available from the Fed for the end of the year for corporations and banks to balance books, that could cause a problem," Smoling added.
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Industry executives may know what works, and what things really cost, but they design policies that routinely withhold and discourage cost-effective, well-proven care in order to balance books and pay shareholders.
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We'll talk a little bit about some of the landscape here, and what's been changing in terms of who are the big players and who's kind of pulled back, which might be a sign of companies trying to right their balance books.
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K. P. Chen began his China banking career in 1913, when he joined a provincial government bank, the Kiangsu Provincial Bank, as its General Manager. There, he introduced something new nearly every day, believing innovation necessary for success. He broke with tradition and moved the bank's headquarters from Jiangsu to the banking capital of Shanghai, made loans on credit of goods rather than personal credit and invited Western accountants to regularly audit the bank's balance books. The bank established warehouses for its commodities lending operations, the first to do so in China.
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GTPR's parent company, the GTR was also nationalized on May 21, 1920, before being included in the CNR system on January 30, 1923. The ICR had been called the "People's Railway" and this slogan was similarly applied to the CNR for a period. Despite many claims of political interference in its construction and subsequent operation, the majority of IRC from an operations viewpoint remained economically self-sufficient. This was largely because ICR balance books never had to contend with falling freight and passenger revenues as a result of post-Second World War highway construction and airline usage. During the 42-year life of the ICR from 1876 to 1918, the railway had grown to a monopoly position in land transportation.
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Not much remains of the Medici Bank's records; mentions of it and its activities are rife in the writings of outsiders, but outsiders necessarily had little access to the balance books which could truly tell the story of the bank's rise and fall, and certainly not to the confidential business correspondence and the secret books. Some of the most copious documentation, derived from archived tax records such as the catasto records, are largely useless since the various principals of the bank were not above flagrantly lying to the taxman. The once voluminous internal documentation has been grievously reduced by the passage of time: > This study is based mainly on the business records of the Medici Bank: > partnership agreements, correspondence, and account books. The extant > material is unfortunately fragmentary; for example, no balance sheets have > survived.
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