Essay on Chapter 2 Solutions - 7502 Words

CHAPTER 2 The Financial Statements BRIEF EXERCISES BE2–1 2008 2008 2008 Beginning Ending Retained 2008 2008 2008 Retained Earnings + Revenues – Expenses – Dividends = Earnings $28.2 + $43.3 – $38.2 – X = $30.6 X = $2.7 2008 Dividends as a percentage of 2008 net income: 2008 Dividends = $ 2.7 = 52.9% 2008 Net income ($43.3-$38.2) $ 5.1 BE2–2 1) Current Liabilities financed $32 billion of the assets. Current Liabilities divided by Total assets = $32/$59 = 54.2% 2) Long-term debt financed $18 billion of the assets. Long-term debt divided by total assets = $18/$59 = 30.5% 3) Stockholders’ equity financed $9 billion†¦show more content†¦| | |or Financing | | |Flows |Stockholders Equity | |1 |Financing |Yes |No |Yes |Yes | |2 |Operating |Yes |Yes |Cannot tell |Yes | |3 |Operating |Yes |Yes |Yes |Yes | |4 |Investing |Yes |No |Cannot tell |No | |5 |Financing |Yes |No |Yes |No | |6 |Financing |Yes |No |Yes |Yes | |7 |Investing |Yes |No |Yes |No | |8 |Operating |Yes |No |Yes |No | E2–2 | |Operating, Investing,|Balance Sheet |Income Statement |Statement of Cash |Statement of | | |or Financing | | |Flows |ShareholdersShow MoreRelatedChapter 2 Solutions.1459 Words   |  6 PagesCHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES 2-20 (15–20 min.) Classification of costs, manufacturing sector. 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Students Are Having With Studying - 1840 Words

The purpose of our research group is to identify issues that students are having with studying. Our team collected research for our literature review and evaluated challenges within student study habits. Distractions, stress and different learning styles were the main struggles that students deal with when studying. We than conducted two peer focus groups to gain insight to issues that actual students were having when studying. Both of these methods of research were completed in order to pinpoint important issues that students were having with studying and create a product that assists student study habits. The initial focus group session was an exploratory session to identify and investigate problems students were currently having when studying. In this session, we concluded that stress and distractions were important factors in students struggles with studying. We did identify another issue that students have, that they feel they need an outline or guideline of what to study in order to succeed on tests. From these issues our team identified two possible product concepts that would help students organize and study more effectively. In our preparation for the second focus group, our research team developed two possible product concepts. The first concept that was discussed was an online tutoring service that is available in real-time. The participants pointed out that having a tutor is only beneficial for certain topics, and they would not need this service everyShow MoreRelatedGraduation Speech : The Lost Of Vital Sleep Essay1481 Words   |  6 Pagesallow you to keep the information for very long. When you cram last minute all the information that you learn is stored in your short term memory rather than you long term memory. Another side effect of this studying technique is the lost of vital sleep. 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Business Communication Skills Telstra and McKinsey

Question: Compare and critically review two business reports of Telstra and McKinsey organizations? Answer: Executive Summary The report deals with the two organizations Telstra and McKinsey Quarterly. The report discussed about the strength and weakness of the particular organization names as Telstra and McKinsey. Telstra discussed about bequeath within the information which is relating to the issue of sustainability towards the industry and McKinsey Quarterly discussed about the about the strategy of business and its transformation over the period of time within their respective organizations. The study will has given the great emphasis on stakeholder and their contribution towards each of the existing organization. Introduction The aim of two reports, here is to evaluate the information relating to the basic of rational, and the reports discussed about the techniques and different methods (Littlefield, 2006). Moreover, here mention some different facts in this report. In this report here they mention the Australian telecommunication of Telstra which provide information about the organization which is discussed. On the other hand they also discussed about the some different strategy related to business which will be outlined and discussed by McKinsey Quarterly. In this report he mentioned some relevant aspects and also helps to understand the feasibility of the report which is discussed by the organization to know their purpose are fulfilled or not. Summary and Analysis of the Report Content Findings and Analysis Telstra here discussed some information relating to the issues of sustainability towards the firm, and also it is not good for the business to make their decisions. This report also help to develop the sustainability report of the industry and the report also mention the global sustainability guidelines that is G3, and it has been found that, as per the report of UN global compact communication and accounting principle of AA100 standard 2008 are followed with the Telstra. Later on it has also been suggest that the major performance of sustainability has indicated scored gained in 2012-2013 was higher than before. Lastly according to the last two performances he compared the scores. Moreover, with the help of the sustainability report he explains the steps which are taken from performing the business and also help to develop the work environment in ethical way which is services to the customer. On the aspects of sustainability report company focuses on major commitment toward the organization. All the important part of commitments formulated at approach part and it was started on 2012-2013 which was outlined and the approaches adopted to attain it. Therefore, environmental leadership understood the employee involvement and describes the strategy which will help the company to develop their stakeholders (Lawler, 2005).stakeholders associated with Telstra are explained by the shareholders. Here the stakeholders are firms, suppliers, customers, media, employees etc. Later they will discuss about the process which are challenged by the organization. They mention some transparency and accountability part which is related to the voluntary assurance. McKinsey Quarterly, they discussed about the first heading that was changed in the strategy of business which are studied over the years. Here the framework of strategy has mentioned and to match up with the strategy the industry need to be diversified with the environmental or with the change in market structure. The strategy which are expected from the industry are mentioned and outlined their so they can personally provide large benefit to the organization. On the other hand the social side relating to the strategy has been mentioned an also focused to the planning strategy related to non- rational issues. Lastly the report resolve the strategy which was aligned and organized and the business gain profit at the gaining the customer confidence via outperforming the competitors within the existing and other business. Strengths and usefulness of report A sustainability reports is very much useful report that helps to gain the company to promote its positive promotion among the consumers and that helps the company to stay in the apex position among the existing competitors (Bovee and Thill, 2013). Company uses various CSR report and sustainability report to bring transparency within their company and financial investors. Moreover, the top priorities and the problem which was faced last years are also mentioned. Therefore the reports offer information which was balanced and has been taken as strength of report. Later, the report includes sustainability environment along with the some aspects of all the materials, stakeholder engagement, community involvement etc. On the other hand, Telstra one of the top priorities was to involve the entire employee in the report. Telstra also includes industry standard which are majored and also include some sustainability standard to fulfill their goals, however the Australian individual has connec tion with some of the environmental leaders to be sustained. Therefore they are the strength of report presented by the Telstra are mentioned all above. They also build a strategy report which contents all the information which is relevant and also benefited to the individual or to the company. In McKinsey Quarterly, mention in his report the phase of change in the strategy that will take place over years ago. In this report they discuss about some significance gear and frameworks, which will help them, select few of the leaders and to prepare them for engaging strategy. To understand the adopted plan and change in the follow up strategy here they mention some different examples of industries (Kaufman, 2012). This example will help to understand the significance to build up strong strategy for future as well as present profit. Here they mention the five force model of Michael Porters in this report which will help the readers to focus on it before formulating the strategies. Despite from that the role of technologies, industrialization, globalization etc has important force on plan changes. All the points which are mention in this re port are the major strength of account are also require for policy and growth of new structure which is valuable for the business growth. Weakness or limitations of the report Telstra include strength which was issued by sustainability report and there is also some limitation which was arises in this report. Telstra involve the aspect of stakeholders engagement but in the report they mention the organization which was associated with the stakeholders. In this the report they fail to discussed about the process for appealing the different stakeholders inside the activity of the organization. Alternatively, they also fail to provide the obvious thoughtful about the viewpoint of each stakeholders inside the operation of the company (Harzing et al. 2013). Therefore, they discussed the point of view of the outside person were sustainability account is fewer and feasible for them. On the other hand the sustainability account does not provide sufficient information in circumstance to the channel of distribution and operation by the end customers. They did not highlight the issues relating to the social responsibility. Due to such limitation Telstra face lack of f easibility. Like Telstra the other company McKinsey Quarterly also holds some strength together with the weakness which confines the suitability of the report to some amount. Here they mention about the strength practice but did not explain it properly which will help to understand the strategy practice to gain higher benefit. Therefore the report is not arranged properly and its hard to have efficient approaching of the statement. Here the vision unlike professors are not associated and also create problem of what they are saying (Farley and Smith, 2012). The report did not provide any example of core concept of strategy which will help to gain some knowledge from them. Apart from that the report talks about the strategy of business but they does not mention about the process of developing the effective strategy. Conclusion and recommendations: By analyzing the both report, it is difficult to prepare a report a critical task. Telstra report prepared the sustainability report in next the normal of industry along with the normal of sustainability. They outlined some different component in turn to discover the sustainability feature of the business in long-standing range. On the other hand the statement of McKinsey Quarterly discussed regarding the plan of business and its change in the organizations. The statement says about the professor who presents their point of view regarding the policy plus framework for the plan. The two reports content power in addition to weakness, and also both the report provides effective information connected to sustainable carry out or commerce plan carry out. The account also provides the precious in turn of how to use the report and how the decision is made on the basis of the particular reports. Therefore the limitation of both the accounts addresses with no trouble and they are not a huge matter. As a result the reports give above all the relevant information so as it can be able to be accept and fit by the reader. Thus, it can be recommended that Telstra account would live helpful for the additional organization and also help to get better result and also connect with the huge numbers of stakeholders with their customers. Alternatively McKinsey Quarterly report could also be used to resolve the affect and excess of industry house which will help to grow the efficient industry plan and the point which is mentioned by the professor. Consequently both the report content some limitation than a perfect report gained. Reference List Bovee, C. V., and Thill, J. V. (2013). Business Communication Essentials 6th edition. Prentice Hall. Farley, H. and Smith, Z. (2012). PERSPECTIVES FROM THE FIELD: Sustainability: Guiding Principle or Broken Compass?. Env Prac, 14(01), pp.85-86. Harzing, A. W., Reiche, B. S., and Pudelko, M. (2013). Challenges in international survey research: a review with illustrations and suggested solutions for best practice. European Journal of International Management,7(1), 112-134. Kaufman, B. (2012). Anatomy of dysfunctional working relationships. Business Strategy Series, 13(2), pp.102-106. Lawler, J. (2005). The Essence of Leadership? Existentialism and Leadership.Leadership, 1(2), pp.215-231. Littlefield, H. (2006). Service Learning in Business Communication: Real-World Challenges Develop Real-World Skills.Business Communication Quarterly, 69(3), pp.319-322.

Sports Facility Funding an Example of the Topic Economics Essays by

Sports Facility Funding Introduction Need essay sample on "Sports Facility Funding" topic? We will write a custom essay sample specifically for you Proceed The game of Sports is often defined as a bodily process or experience wherein an inpidual can find enjoyment while at the same time have fun and exercise through different sports. In a sense, sports is as well regarded as a better way of entertainment for a majority of the people, more especially among those who consider themselves as enthusiasts. In addition to this, the game or the competition of sports also serves as a better way and at the same time the most entertaining way to instill confidence in inpiduals and maximized their full potential not just as an athlete but as more especially as an inpidual. However, the true essence of sports would be at risk when the primary venue for the sports which is that of the Sports Facilities are properly maintained and descent or modern enough to provide the athletes and the people the needed facilities in able to perform the game of sports. Thus, sports facilities should always remain in good condition and in-line with modernity as these primarily helps the athletes as well as the people to stay motivated and enthusiastic to play their reputable sports. College Students Often Tell EssayLab support: How much do I have to pay someone to write my assignment online? Specialists propose: Your Academic Success Is Our Goal Cheap Essays Not Plagiarized Write My Essay Online Best Essay Writing Service Cheap Writing Services Moreover, it is indeed true that through modern and well maintained sports facilities, outstanding performance among athletes and uplift the game of sports is achieved. Thus, with better sports facilities, it is clear that the athletes will have a better chance to practice their skills and capabilities as an athlete and for the people, more especially for the sports enthusiasts for continuous skills development. Therefore, to develop and improve the sports facilities are important in order to improve the quality of sports and produced great athletes. In this regard, this research paper will concentrate to investigate on the topic about the funding of sports facilities through bond issue. This, paper would fundamentally work to determine the entire procedure of the funding process. Bond Issue and Sports Facilities Funding In a sense, to build or construct a modern sports facility is not as cheap as just constructing a house or any establishments. The process of building and constructing of a high standard sports facility would require thousands and millions of dollars to be able to initiate the construction and pave the way towards the edifice of a modern or up to date sports facility. In time where all the construction materials are expensive and the world is on a global financial crisis, the funding of a modern and with high standard sports facility is more expensive and difficult to achieve. Moreover, the construction of modern sports facility needs sophisticated engineering design to able to reach highest standard of modernity. Thus, this would require a large amount of money to fund the construction for such sports facility. In a sense, there are various ways to fund the construction for modern sports facility. The funding may possibly come from the in house monetary budget of the organization which will basically serves as the fund that will be use for sports facility renovation and would directly originate from the from the revenue of the organization. Another way is through solicitations and donations. This is normally counted as charity works that involves the participation of the entire community. Certainly, it is seen that funding sports facilities through bond issue or agreement is regarded to be the most controversial way of initiating sports facility construction or renovation. As such, funding of sports facility under such method of bond issue is seen to have been often criticized and condemned mainly due to fact that the process for such way of funding often associates economical burden for the people. Bonds have become among the common methods used by cities or counties in order to raise the funds required in order to fund the sports facilities that are to be constructed (as cited in Sawyer, 2006). The trend of the use of bonds to fund this particular project has risen over the past decade, according to Fried (2005), which shows the popularity and the feasibility of this particular funding method. Formally defined, bonds are described by Howard and Crompton (1995) as a promise by the borrower (bond issuer) to pay back the lender (bond holder) a specified amount of money, with interest, within a specific period of time (as cited in Masteralexis, Barr, & Hums, 2004, p. 260). Among the examples of funding the construction of sports facilities through the use of bonds can be lifted from the experience of the Centerburg Ohio Public School. The bonds issue happened on October of last year after the approval of the voters is solicited by the Board of Education for the proposed plan of 1.72 million dollars property tax bond in order to finance the construction of the school facilities that is to be constructed outdoor. The primary purpose to which the money is intended involves the improvement of the sports facilities constructed outdoors and for the nearby restrooms and drinking fountains. A voting system serves as the means through which the proposed plan of property tax is approved. The constituents are considered to be participatory in this particular decision-making process wherein they are the ones upon whom the votes are gathered from as to whether the proposed property tax bond is approved or not in order for the project to push through. The voting has been proposed to take plae on November 2007 in order to make the final decision for the proposal. This serves as the first step towards the construction and implementation of the plan. Among the advantages of having the fund gathered from the bonds is primarily because of the speedier process associated with earning the needed finances for the project. This would speed up the process compared to waiting for funding from the public government which would require several processes as prescribed in the formal budget hearing. To this extent, the purpose of the project is also achieved in a faster manner. According to the Centerburg school board president Ed Lambert, the bond issue helps improve the sports facility that enhances the performance of the student athletes and increases the safety of the students. As the project pushes through, the students would have appropriate training areas instead of using alternatives that poses risks to their safety and health. With this, the enhancement of their performance and the achievement of a heightened sense of sports esteem is given at a faster pace than through other sources of funding. Furthermore, another advantage of this proposed property tax bond will definitely uplift the standard of Centerburg public school as a producer of quality students and athletes due to the fact that modern sports facilities will enable the school to produce outstanding student athlete, which can be a superstar in their own chosen sport. This enhances the reputation and the capability of the school in being a holistic learning institution that caters to the needs of the students in all respects whether it is on the academic setting or in the physical aspects. Among the disadvantages would be that the constituents of Centerburg has to sacrifice in order to pay the additional taxes that would have to be levied by the local government in order to slowly finish paying for the constriction of the public school outdoor sports facilities. This is true for all inpiduals whoa re eligible to pay for local government taxes whether they may be using the sports facilities or they do not benefit from it at all. It serves as a shared responsibility among the community which does not exempt anyone. However, it remains that the benefits and advantages of this particular project outweighs its disadvantages. It is seen more as a helpful project instead of a burden to the public because of the nonfinancial benefits that are earned by the community especially in encouraging the youth in engaging their selves in sports than in any other form of activity such as drug abuse. Despite this particular advantage seen in the use of the proposed property tax bond to fund the said project, it did not push through primarily because of the publics lack of information regarding both the financial and non-financial consequences of the project. It would have been better if there is a massive campaign that appeals to the public regarding the project. Moreover, it should have targeted the people who are directly involved in the project and who would benefit from it such as the parents of the children, more especially the athletes who are involved there. On the other hand, there are other available means to finance the said project aside from the ones proposed. The use of an intensified information dissemination regarding the project would have rendered the project more successful as compared to how it turned out since it already has the advantages that is required in order to achieve a successful outcome. References Fried, G. (2005).Managing sport facilities. Champaign, IL: Human Kinetics. Investopedia (2008), Advantage of Bonds: Retrieved December 22, 2008 from http://www.investopedia.com/articles/00/111500.asp Love to Know (2008). Definition of sports. Retrieved December 22, 2008, from http://www.yourdictionary.com/sport Masteralexis, L., Barr, C., & Hums, M. (2004). Principles and practice of sport management. Sudbury, MA: Jones and Bartlett Publishers. Mount Vernon News (2007). Bond issue would provide money for construction of outdoor facilities at Centerburg. Retrieved Decmeber 23, 2008 from http://www.mountvernonnews.com/local/election07/centerburg.levy.html Sawyer. T. Financing facilities 101: public funding, private funding, hard taxes, soft taxeswelcome to the complex world of facilities financing. JOPERD--The Journal of Physical Education, Recreation & Dance. Retrieved December 24, 2008, from http://findarticles.com/p/articles/mi_hb3218/is_4_77/ai_n29259085