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The textbook explains that photography was “developed in the 19th century through the artistic aspirations of two Frenchmen, Nicรฉphore Niรฉpce and Louis-Jacques-Mandรฉ Daguerre.”
- Joseph Nicรฉphore Niรฉpce secured the world's earliest surviving photograph around 1826โ1827 on a plate sensitised with bitumen, exposed for eight hours (this photograph is preserved at the University of Texas at Austin)
- From 1829 until Niรฉpce's death in 1833, the two worked in partnership
- Louis Daguerre then developed the daguerreotype in 1837 โ a process using copper plates lightly coated with sensitised silver and “developed” over mercury fumes, producing sharp, permanent images
The daguerreotype was the first commercially successful photographic process. Note: Henry Fox Talbot (Britain) independently developed the calotype process around the same time; George Eastman introduced roll film in 1888; Muybridge's 1877 experiments with sequential photographs of horses contributed to the development of cinema, not still photography.
A workshop produces wedding dresses. Each machinist is paid $30/day and each supervisor $40/day. One supervisor is needed for every 10 machinists. One machinist makes one dress per day. What is the total labour cost for a day where 95 dresses are produced?
1. Machinists needed = 95 (since 1 dress per person). Cost = 95 $\times$ $30 = $2,850.
2. Supervisors needed = 95 / 10 = 9.5, which means 10 supervisors are required. Cost = 10 $\times$ $40 = $400.
3. Total Cost = $2,850 + $400 = $3,250.
For $h \ll R$, orbital radius $\approx R$.
Orbital velocity: $v_o = \sqrt{\frac{GM}{R}} = \sqrt{gR}$
Escape velocity from orbit at $R$: $v_e = \sqrt{\frac{2GM}{R}} = \sqrt{2gR}$
Minimum increase in speed:
$\Delta v = v_e - v_o = \sqrt{2gR} - \sqrt{gR} = \sqrt{gR}(\sqrt{2}-1)$
Draft statement of financial position: Ordinary share capital $900,000; Share premium $80,000; General reserve $96,000; Retained earnings (opening) $230,000; Profit for year $145,000. What is the maximum dividend the company can declare?
Option C ($471,000) is correct.
Dividends can only be paid from distributable (revenue) reserves:
- Retained earnings: $230,000
- Profit for year: $145,000
- General reserve: $96,000
Total = $471,000
Share premium ($80,000) is a capital reserve โ not distributable.
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