Financial Analysis Cost And Income Analysis - 934 Words

Financial analysis Cost and Income analysis The costs of the start stage are training costs, rental costs, interest costs, supplies costs (such as papers, powdered ink, stationery†¦ ), utilities cost (such as electronic cost, water cost, cleaning cost, property costs†¦), depreciation cost, wage cost, facilities cost. As mentioned in training mechanism part of this report, at the start stage of LFA, the whole enterprise has not formed a systematic training mechanism. A large number of trainers will be hired and LFA will corporate with third part training organisations. Therefore, the cost of intellectual investments at the start stage is much higher than the other stages. However, the cost is necessary and unsustainable, which was mentioned before. On the other hand, facilities such as printers, offices, chairs and desks are non-current assets of LFA. In other words, Facilities are bought to support business activities, not to be sold as inventories. According to AASB (Australian Accounting Standards Board) 116, they are non-current assets of LFA, which belong to the column of Property, Plant and Equipment. Relative depreciation expenses and maintenance costs will be allocated to overheads of relevant products and services. Therefore, the costs of facilities which only generate at the start stage of this enterprise cannot be regarded as periodical cost. In other words, it means that in 2016 Income Statement of LFA, these facilities costs cannot be totally counted as expenses.Show MoreRelatedThe Valve Of Equity Per Common Share1442 Words   |  6 Pagesdividend )/(net income) It is also important to note that our return on Assets (ROA) could be derived in a way of; profit margin Ãâ€" Assets turnover Ratio = (net income)/(average total assets) =(net income)/saleÃâ€"sales/(average total sales) Classification by Source The classification by source can be divided into three: Income statement or Statement of Comprehensive Income (SOCI) Statement of Financial Position (SOFIP) Mixed (i.e. combination of income statement and SOFIP) Income Statement or StatementRead MoreBtec Business, L3, Unit 7, D1 Essay1220 Words   |  5 Pagesbreak-even analysis in estimating budgeted activity levels for a selected organisation. Break – Even Analysis Break even analysis is reliable as it is made from the budget and it gives a financial structure to the business. The data used for break-even, the business try to make the data as accurate as possible. They make this data depending on the previous year’s financial report. That’s why break-even is reliable to estimate current year’s results. In a short run, break-even analysis can be accurateRead MoreAnalyzing The Functions Of A Business, Many Relies On Financial Statement Analysis915 Words   |  4 Pagesor owning a business. To analyze the functions of a business, many rely on financial statement analysis. The analysis explains the findings of the financial statement. Financial statement analysis recognizes a company’s weaknesses in order to take corrective actions (Ã… ½ager, 2012). Financial analysis uses three different methods, vertical analysis, horizontal analysis, and ratio analysis. 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The result is a simplified version of eVal4, the spreadsheet modelRead MoreAcc/561 Exam Essay1444 Words   |  6 PagesMultiple Choice Question 110 | | | | Your answer is correct. |    |    | Which of the following financial statements is concerned with the company at a point in time? | Retained Earnings statement. | | Income statement. | | Statement of cash flows. | | Balance sheet. | | | | Multiple Choice Question 112 | | | | Your answer is correct. |    |    | An income statement | reports the assets, liabilities, and stockholders’ equity at a specific date. | |Read MoreThe Income Statement1199 Words   |  5 Pagesseveral reasons. For example, let’s picture a company that was not able to operate profitably, the bottom line of the income statement will indicate a Net Loss. Thus, a banker, lender or creditor may be reluctant to extend additional credit to the company. While on the other hand, if a company operates profitably, the bottom line of the income statement will indicate a net profit or income, which demonstrates its ability to use borrowed and invested funds in a successful manner. A company’s ability toRead MoreFinancial Analysis : Halliburton Company1354 Words   |  6 PagesHalliburton Company â€Å"Financial analysis consists of the quantitative and qualitative aspects of measuring the relative financial position among firms and industries† (Gibson, 2014, p.216). The analysis provided throughout this work will consist of a vertical and horizontal analysis of both the income statement and balance sheet for Halliburton Company. Based on the findings and assumptions made from the results of the data and investigation through the managers notes and other resource to concludeRead MoreFinancial Statements And The Financial Position Of A Firm Or Other Business Enterprise1380 Words   |  6 Pagesoverall purpose of financial statements is the provision of relevant and concise information about the financial position of a firm or other business enterprise. Financial statements allow a manager or analyst to make informed judgments regarding the proven and likely future performance of a firm prior to the making of important investment decisions (Bernstein and Wild, 2000). Purpose of the Income Statement According to Melicher and Norton (2014), the primary purpose of the income statement is toRead MoreMaking A Decision For A Higher Education Essay1729 Words   |  7 PagesROI (return on investment) for an analysis.   An economic evaluation that broadly considers how to optimize the production of particular outcomes within budgetary constraints, given certain inputs, can guide such choices (Hummel-Rossi Ashdown, 2002).   However, there must be a desire to commit to a financial outlay once a decision is made.   I made a decision to attend Ashford University in January of 2014.   I am pursuing a BA in Operational Management and Analysis with a set graduation date of JanuaryRead Morewe have nothing to do there1480 Words   |  6 Pagesnecessary to separate the irregular items in the income statement? How are extraordinary items different from some other irregular items that you occasionally see on a corporate income statement (e.g., items such as restructuring costs, currency gain on foreign exchange transactions, etc.)? According to accounting standard it is necessary to present irregular items in the income statement separately. Otherwise they can make confusion to user of income statement. Extraordinary items are caused by

The War on Drugs is Failing Essay - 1228 Words

The War on Drugs is Failing â€Å"Prohibition will work great injury to the cause of temperance†¦ for it goes beyond the bounds of reason in that it attempts to control a man’s appetite by legislation and make a crime out of things that are not a crime. A prohibition law strikes a blow at the very principle upon which our government was founded† Abraham Lincoln On January 16, 1920 the Eighteenth Amendment was ratified by thirty-six states and became part of the Constitution. The intention of this new amendment was to lower alcohol consumption by Americans. At the time each American consumed on average thirty gallons of alcohol a year.[1] This new amendment took away the license to do business from the brewers, distillers, and the†¦show more content†¦The War on Drugs intends to rid America of drugs, hard and soft, just as prohibition attempted to rid America of drink. The arguments against the War on Drugs are the same arguments that persuaded politicians sixty years ago to end Prohibition. Just as the movement to rid America of alcohol failed, so will the War on Drugs because social engineering works no better today than it did then. The War on Drugs has given birth to many of the modern day evils. The most widespread repercussion of the War on Drugs is the crime rate. â€Å" In 1990, the number of people sent to state and federal prisons for drug offenses exceeded the number of offenders sent to prison for violent crimes†¦. Drug offenders currently make up 62 percent of the federal inmate population, up from 22 percent in 1980.†[3] Add to this the fact that most of these prisoners are nonviolent offenders put there under mandatory minimum sentencing laws and the explanation for why this country is running out of prison space should be readily apparent. The second most prevalent, as well as disheartening, result of this movement is the death of innocent victims. The support for this result can be found in the obituary section of the daily newspaper or on the five o’clock news. Even the smallest of towns have been afflicted with death due to drugs. Back-alley heroin and basement-lab manufactured amphetamines present the same problem asShow MoreRelatedAmerica’s Failing War on Drugs and the Culture of Incarceration2483 Words   |  10 PagesAmerica’s failing War on Drugs and the Culture of Incarceration Richard B. Carpenter Adams State College America’s failing War on Drugs and the Culture of Incarceration Richard B. Carpenter Adams State College Abstract For over a century, America has waged a failing war on drugs even as it feeds a cultural apathetic and underground acceptance of drug and alcohol use. The views of the dominate group have placed blame on society’s ills on the evilsRead MoreThe United States Failing War on Drugs Essay792 Words   |  4 Pagesunderstand that marijuana is a drug that can actually help; not only people with mental and physical problems such as cancer, but the economy as well by getting rid of the hard drugs that cause real problems and benefiting from a drug(s) that that can actually help problems. When it comes to finding drugs such as cocaine, heroine, meth, etc†¦ Apart from being highly costly, drug law enforcement seems to be not doing their job as well as they could be. Illegal drugs are still finding their way intoRead MoreEssay about Counter Narcotics634 Words   |  3 PagesUnited States has a very stern policy regarding the use, distribution, and trafficking of drugs. However, it is clear that the current U.S. policy is failing, and the supply of illegal drugs as well as the demand is increasing. 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Many people in the United States believe that there is full equalityRead MoreEssay SHOULD WE FAVOR DRUG LEGALIZATION859 Words   |  4 Pages SHOULD WE FAVOR DRUG LEGALIZATION? nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; nbsp;nbsp;nbsp;nbsp;nbsp; In the article â€Å"Drug Policy and the Intellectuals,† William J. Bennentt, chides intellectuals who believe drugs should be legalize. Bennett challenges his audience , by attacking intellectuals. However Bennett tries to win over his audience of intellectuals in two ways: by calling upon their talents and by attackingRead MoreDrugs And Its Effect On Society1645 Words   |  7 PagesThe official definition of drugs is a substance which has a physiological effect when introduced to the body. Drugs have been a part of human culture since the beginning of recorded history. People have use drugs for all sorts of reasons whether it is for a religious mind altering ritual, to save someone’s life or just to make themselves feel better, and they are still widely prevalent in today’s culture. We all know someone who currently partakes in drugs whether they choose to share that informationRead MoreEssay on Why Drugs Should be Made Legal692 Word s   |  3 PagesWhy Drugs Should be Made Legal During the 1920s, laws prohibiting alcohol sales and consumption did very little to stop people form getting their hands on a bottle of rum. Instead, the streets became the battlegrounds for organized criminals. Innocent people were being killed and public officials corrupted. Prohibition was a mistake and hopefully we are wise enough as a society not to try to repeat the same mistake. However, we are making the same mistake by trying to fight the war on drugsRead MoreThe War On Drugs927 Words   |  4 PagesIn 1971 President Richard Nixon declared a War on Drugs stating that drug abuse was â€Å"public enemy number one†. Four decades later America is still waging this war that many say can never truly be won. The goal of this campaign has always been the prohibition of drugs, military aid, and military intervention with the stated aim being to define and reduce the illegal drug trade however the tactics used thus far have done little to solve the problem of drugs in the United State. The use of militaryRead MoreWomen are being incarcerated in today’s prisons at an alarming rate. Unfortunately, disparities in1600 Words   |  7 Pageshealth issues, and drug abuse problems. It is no secret that the number one reason women are being incarcerated is due to a large rate in drug charge policies. The war on drugs has had a major impact on the lives of women in the criminal justice system. This policy has punished women disproportionately to the harm many in our society. According to Women Offenders and the Gendered Public Policy (2004), â€Å"Nationwide, about 35% of the imprisoned women were serving a sentence for a drug related crime, withRead MoreHow Successful Is The War On Drugs? Essay1001 Words   |  5 PagesThe war on drugs has maintained an accumulation of prohibitions on illegal drugs and mandatory minimum sentencing strategies for drug offenders. Incarceration rates have also increased due to the increase of laws against illegal drugs. In Eugene Jarecki’s film, The House I Live In, Jarecki states that the penalties for crack users were harsher than penalties for regular cocaine users. This suggests that penalties are more of a double sta ndard theory. The â€Å"War on Drugs† is more of a failure that places

Eid Ul Azha Free Essays

Eid is a great festival for Muslims. There are two Eid occasion- Eid ul fitr and Eid ul adha. Muslims celebrate these festivals with great respect and pleasure. We will write a custom essay sample on Eid Ul Azha or any similar topic only for you Order Now Eid ul fitr is celebrated after the month of Ramadan. Eid ul adha is celebrated in 10th Jilhajj. We celebrated Eid ul adha in last month. Eid ul adha remembers the prophet Ibrahim’s willingness to sacrifice his son when God ordered him to. God appeared in a dream to Ibrahim and told him to sacrifice his son Isma’il. According to Islamic tradition, approximately four thousand years ago, the valley of Mecca (in what is now Saudi Arabia) was a dry, rocky and uninhabited place. Ibrahim was instructed to bring his Egyptian wife Hajirah and Ishmael, his only child at the time to Arabia from the land of Canaan by Allah’s command. As Ibrahim was preparing for his return journey back to Canaan, Hajirah asked him, â€Å"Did Allah order you to leave us here? Or are you leaving us here to die. † Ibrahim turned around to face his wife. He was so sad that he couldn’t say anything. He pointed to the sky showing that Allah commanded him to do so. Hajirah said, â€Å"Then Allah will not waste us; you can go†. Though Ibrahim had left a large quantity of food and water with Hajirah and Ishmael, the supplies quickly ran out, and within a few days the two began to feel the pangs of hunger and dehydration. Hajirah ran up and down between two hills called Al-Safa and Al-Marwah seven times, in her desperate quest for water. Exhausted, she finally collapsed beside her baby Ishmael and prayed to Allah for deliverance. Miraculously, a spring of water gushed forth from the earth at the feet of baby Ishmael. Other accounts have the angel Jibrail striking the earth and causing the spring to flow in abundance. With this secure water supply, known as the Zamzam Well, they were not only able to provide for their own needs, but were also able to trade water with passing nomads for food and supplies. Years later, Ibrahim was instructed by Allah to return from Canaan to build a place of worship adjacent to Zamzam well Ibrahim and Ishmael constructed a stone and mortar structure —known as the Kaaba— which was to be the gathering place for all who wished to strengthen their faith in Allah. As the years passed, Ishmael was blessed with Prophethood (Nubuwwah) and gave the nomads of the desert his message of submission to Allah. After many centuries, Mecca became a thriving desert city and a major center for trade, thanks to its reliable water source, the well of Zamzam. One of the main trials of Ibrahim’s life was to face the command of Allah to devote his dearest possession, his only son. Upon hearing this command, he prepared to submit to Allah’s will. During this preparation, Satan (Shaitan) tempted Ibrahim and his family by trying to dissuade them from carrying out Allah’s commandment, and Ibrahim drove Satan away by throwing pebbles at him. In commemoration of their rejection of Satan, stones are thrown at symbolic pillars signifying Satan during the Hajj rites. When Ishmael was about 13 (Ibrahim being 99), Allah decided to test their faith in public. Ibrahim had a recurring dream, in which Allah was commanding him to offer his son as a sacrifice – an unimaginable act – sacrificing his son, which Allah had granted him after many years of deep prayer. Ibrahim knew that the dreams of the prophets were divinely inspired, and one of the ways in which Allah communicated with his prophets. When the intent of the dreams became clear to him, Ibrahim decided to fulfill Allah’s command and offer Ishmael for sacrifice. Although Ibrahim was ready to sacrifice his dearest for Allah’s sake, he could not just go and drag his son to the place of sacrifice without his consent. Ishmael had to be consulted as to whether he was willing to give up his life as fulfillment to Allah’s command. This consultation would be a major test of Ishmael’s maturity in faith, love and commitment for Allah, willingness to obey his father and sacrifice his own life for the sake of Allah. Ibrahim presented the matter to his son and asked for his opinion about the dreams of slaughtering him. Ishmael did not show any hesitation or reservation even for a moment. He said, â€Å"Father, do what you have been commanded. You will find me, Insha’Allah (Allah willing), to be very patient. † His mature response, his deep insight into the nature of his father’s dreams, his commitment to Allah, and ultimately his willingness to sacrifice his own life for the sake of Allah were all unprecedented. Ibrahim could not bear to watch his son die so he covered his eyes by a blindfold. When he cut Ishmael’s throat and removed the blindfold, he was astonished to see that Ishmael was unharmed and instead, he found a dead sheep which was slaughtered. Ibrahim had passed the test by his willingness to carry out Allah’s command. As a reward for this sacrifice, Allah then granted Ibrahim the good news of the birth of his second son, Is-haaq. And We gave him the good news of Is-haaq, a prophet from among the righteous. Ibrahim had shown that his love for Allah superseded all others: that he would lay down his own life or the lives of those dearest to him in submission to Allah’s command. Muslims commemorate this ultimate act of sacrifice every year during Eid al-Adha. I celebrated Eid ul adha with my family in Chittagong. Our eid vacation was started 17 October. I went to Chittagong with a great pleasure. Before 3 days of eid my father bought a cow to sacrifice for Allah. The eid was celebrated at 27th October. On that day I take bath in 7. 00 am. Then I help my mother in cooking. My father was going to slay cow and collect beef. My father returned home at 1. 00 pm. Then my mother cooked meat. At afternoon I get out with my friends. I visited my friends’ house. My friends were gathering in one of my friend’s house and chatting. At 9. 00 pm I returned home. I took my supper with my family. I was tired but I enjoyed the festival. After 7 days I returned to Dhaka. It was an enjoyable Eid celebration. Dhaka is a busy city. Everyone is busy with his own business. I miss my Eid days in this busy life. â€Å"Thank You† How to cite Eid Ul Azha, Essay examples