Thursday, May 14, 2020

Essay on The Pros and Cons of the Internet - 795 Words

Positive and Negative Aspects of the Internet The new age of technology was born late last century in the form of the silicone chip. Since this early invention computers have progressed in leaps and bounds from the very basic early models to the now very complicated and very powerful computers of today. In between this growth the Internet developed into a mega market where billions of dollars are traded daily. It is a place where you can pretty much buy and sell anything you can think of. But with the development of such a powerful tool there are always going to be problems such as pornography, hackers, dodgy chat rooms and authenticity of information. But like with any argument you have to weigh up the good with the bad, the†¦show more content†¦These programs are regularly up dated barring more and more inappropriate pages as the net is constantly growing. A major threat that nearly everyone who goes on the internet faces is the attack of hackers who can pretty much strike anyone at any time inflicting major damage and loss of money. These hackers are able to gain your confidential information using special hacking tools, this means they can get your credit card number that you gave out when doing online shopping and use it much to there benefit. These people are also able to create viruses that have the sole purpose of destroying and damaging your computer software. The â€Å"I love you† e-mail that was circulating the web recently is a good example of what people are capable of. Many people now days us chat rooms and the like to make new friends and meet different people. This in turn can create problems as there is a danger of meeting weird people who may want to harm you. They can make themselves seem to be different from the person they really are, this can be a real danger if someone decides to meet a stranger they met on the net as he or she may turn out to be someone you really do not like. Yet they could become obsessed with you which would result in a lot of fear and possibly worse. But on the other hand it can be a very good way of forming new friendships or relationships with other businesses that are on the other side of the world Although there are many threats to take into considerationShow MoreRelatedThe Internet : The Pros And Cons Of The Internet786 Words   |  4 Pagesboth pros and cons when there is a discussion about the internet. We can learn so much of what we can read on the internet. Which is great news considering most of us are using the internet. To prove my point we visit page 116 in the book The Shallows, the book supports our solution. Nicholas G. Carr discusses all about the internet in our generation and how we use it. He talks about the internet being beneficial for us to attain useful knowledge. He also discusses the cons of the internet in ourRead MorePros and Cons of the Internet2810 Words   |  12 PagesMinistry of Education and Science of the Republic of Kazakhstan Kazakh British Technical University English Language Department RESEARCH PAPER Pros and cons of the Internet HUM 317 Spring 2008 Advisor: Balia Jalgasbaevna Jolamanova Done by Tikhonenko Christina Temirbekova Kamila Nadyrova Farida Supiyeva Nargiza Sagiyev Yerkebulan Group Friday 13:00 Almaty 2008 Acknowledgements We thank all people who helped us in this work, especially BaliyaRead MoreCons and Pros of Internet16245 Words   |  65 PagesAccounting and Business Research, International Accounting Policy Forum. pp. 5-27. 2006 5 International Financial Reporting Standards (IFRS): pros and cons for investors Ray Ball* Abstract—Accounting in shaped by economic and political forces. It follows that increased worldwide integration of both markets and politics (driven by reductions in communications and information processing costs) makes increased integration of financial reporting standards and practice almost inevitable. But mostRead MoreEssay on The Pros and Cons of the Internet1897 Words   |  8 Pages The internet is a vast network of computers that connects many of the world’s businesses, institutions, and individuals. It allows millions of people throughout the world to send and receive messages to each other, share information, and play games (Naughton 4). It was initially designed to aid the government and help people expand academically, but it is now becoming more commercialized and used in ways that it was not made for. The thought of the internet was first introduced in 1960 when theRead MoreThe Pros And Cons Of Internet Privacy1309 Words   |  6 PagesNow, the Internet is not only a way people access information, but also the net that connects them. People use it to communicate with friends and family, keep current events and shop online. The using of Internet sometimes involves personal data, triggers fraud and abuse. These are the reason people have laws to protect themselves. People now much more cherish their privacy, so the government takes the responsibility of establishing the Internet privacy law and develop them. However, the legislativeRead MoreEssay on Pros and Cons of Internet1258 Words   |  6 PagesInternet has become new service for helping most of the time but, there are certain occasions where it becomes a nuisance The internet has become a very popular tool at the hand of every one who is a computer literate person of course, used mostly to get information, shop online and download files, music and so on. But while surfing the internet for appropriate or specific information, we often end up wasting time with unwanted jargons and reacting to scam. We shall discuss deeper into theseRead MoreThe Pros And Cons Of Internet Censorship1042 Words   |  5 Pagescomes in many forms and for a lot of different reasons but when it comes to the internet, for the most part it is beneficial. It can provide security for sensitive material. The things that minors are exposed to can be limited. Also you can make sure that it is not used to cause chaos. Furthermore it would seem to be a beneficial part of online life. It can provide security for important documents and conversations. Internet censorship can help with cyber security when important information or secretsRead MorePros and Cons of the Internet Essay1138 Words   |  5 PagesThe Internet is more popular today than it was years ago. As technology advances, the use of the Internet grows yonder and is an amazing addition in our lives. The Internet has been perhaps the most outstanding innovation in the field of communication in the history of humanity. It is a global meeting place where people from all parts of the world can collaborate. Additionally, it is a service available on the computer, through which anyone who has access to the Internet can receive. The InternetRead More The Pros and Cons of Internet Chat Rooms Essays834 Words   |  4 PagesThe Pros and Cons of Internet Chat Rooms Computers have affected our lives in so many ways. To the way we finance things, to the way we find our future significant other. The outcomes of computers probably happen with in the last five years, give or take some. It had made people become in love with being in a virtual world and new people. That now in â€Å"real† life the people do not know how to act around not virtual people. In this report I plan to take a look at the pros and cons of meeting/talkingRead MoreThe Pros And Cons Of The Internet Has Changed The World1785 Words   |  8 Pages CHow the Internet Has Changed the World The internet and technology has changed the world and how we live in many ways. It has changed our daily lives and everything about how we share information. Some people may argue whether the cons outweigh the pros of the internet, but overall it has brought so much more advantages and opportunities for us humans. The internet has changed the world for the better because it has allowed research to be found at the click of a button, helped connect people worldwide

Wednesday, May 6, 2020

The Foundations Of Buddhism By Rupert Gethin - 1417 Words

There are many different definitions and views of Buddhism and many of these views and definitions vary from each other. A quick internet search reveals all the different definitions of Buddhism and some of them may not even be correct or have a scholarly perspective. A five minute Google search reveals one definition which we will take a look at: †¦[T]he Buddhist path can be summed up as: (1) to lead a moral life, (2) to be mindful and aware of thoughts and actions, and (3) to develop wisdom and understanding.† Now while this definition may not be incorrect one could also say that it is not correct either, at least in the form of scholarly perspective. I will compare this definition found via Google and critique it to a more scholarly view of Buddhism. I will use examples from Rupert Gethin’s The Foundations of Buddhism, and compare certain aspects of Buddhism and compare it to the definition found via Google. I will give a brief overview of my points and compare it to an aspect of the Googled definition. One thing to take note of is that some aspects that I will be taking about can be applied to the Google Definition in different and various ways. For example, I could compare attachment found in Buddhism to the different aspects of the Googled definition in different ways or it could be seen as a unifying t heme. The first point in the Googled definition about â€Å"leading a moral life† is not entirely incorrect nor is it correct either. While â€Å"leading a moral life†Show MoreRelatedBuddhism And The Human Condition1289 Words   |  6 Pagesinsightful and irrefutable fact of life. The human race’s continuous inability to grasp the concept of life as suffering has led to the erroneous and often western misconception that Buddhism is an inherently cynical religion. This ethnocentric line of criticism, however, ignores the rewarding and deeply spiritual facets of Buddhism that attempt to enrich one’s life by mitigating dukkha. The Buddha’s Four Noble Truths reflects this understanding, and serves to remind adherents that life is suffering and thatRead MoreTannisho: Master of Shin Buddhism1195 Words   |  5 PagesThe Tannisho are the teachings of Shinran, Master of Shin Buddhism, which is a form of Shingon or Esoteric Buddhism. Shin Shingon Buddhis m is also known as Pure Land Buddhism. This school of thought, therefore, comes out of the Mahayana tradition. It holds that the Dharma has become too corrupt to lead anyone on Earth to nirvana. Instead, there are â€Å"Buddha fields† (Gethin, 263) that one can be reborn into and obtain freedom from samsara through nirvana there. Through the Tannisho Shinran explainsRead MoreHow Buddhism Has Changed Essay1643 Words   |  7 PagesHow Buddhism Has Changed Albert Einstein once said, â€Å"Buddhism has the characteristics of what would be expected in a cosmic religion for the future: it transcends a personal God, avoids dogmas and theology; it covers both the natural spiritual, and it is based on a religious sense aspiring from the experience of all things, natural and spiritual, as a meaningful unity.† I though this quote was an interesting beginning into seeing how this ancient religion changed over the course of its existence

Tuesday, May 5, 2020

Financial Accounting for Participative Review -MyAssignmenthelp

Question: Discuss about theFinancial Accounting for Participative Review Process. Answer: Introduction After going through the current issues that are mentioned in your letter with suitable approach and reviewing the on-going problems that you are facing at present, we have come-up with various recommendations that may help you to overcome the issue or at least minimise the issues. In this letter I will state some suggestions step by step and the suggestions are aligned with the Corporation Act 2001 and the Australian Accounting Standards Board (AASB). Hoping that the suggested recommendations will help you to resolve the queries raised by you in the communication letter. Respected Sir, After going through your letter addressing the issues that are currently faced by you, the below mentioned recommendations are provided that will help you to overcome the issues. The 1st issues that the company are currently facing are the frequent variance with regard to the warranty expenses that were previously recognised by the company in comparison with the actual cost attributed to replace or fix the faulty products. However, recently it has been decided in the board meeting that the warranty cost will be recognized only after the actual expenditure towards the warranty cost. The company are expecting to resolve the issues associated with the warranty cost in this manner. As per the AASB, the organization must prepare their financial statement excluding the cash flow statement based on the accrual methods of accounting. When the company prepares its financial statements based on the accrual basis for accounting, it can recognize the items, for instance, expenses, incomes, equities, liabilities and assets when they fulfil the required recognition and definition criteria for the required framework. As per the accrual method of accounting the impacts of th e transactions and the associated other events are taken into account only after they take place and not accounted for the provision. Further, they are recorded in the periods to which they relate and the financial statements related to that period. If the company follows the accrual method of accounting they will be able to get the true picture of their financial responsibilities that has to be performed with the available resources. This will be advantageous to the company as it will enable the business to manage the financial activity properly. The debts and incomes can be analysed more accurately with the accrual method of accounting. Further, it will be effective for monitoring the activities and managing the finance. Under the accrual method the companies will receive the immediate reflection regarding how much money they are spending through the expense reports. The business can further analyse the financial trends and can update their cash flow statement on current basis. Mo reover, the cash accounting method takes into consideration after the fact method of accounting. On the contrary, the accrual accounting makes it simple for the business executives in planning the futures. As the profits that can earned and expenses that have to carried out are updated on daily basis the executive s can prepare their future strategies immediately regarding the improvements of sales or generation of more profits. This will assist the company to become progressive that is very important for the viability and sustainability of the company over the long-run. Therefore, it is suggested to the company to account for the warranty cost based on the accrual method of accounting as it will enable them to recognise the expenses towards warranty cost only after the expenditure takes place. It will further assist the company to minimise the gap between the provision of warranty cost and the recognition of actual cost. The second problem that the company are facing is the problem associated with the recognition of revenue. The company is entered in an agreement with various retailers. Under the agreement, the company will provide various products to the retailer, which will be displayed by them at the front window of the store. As a charge for the display the company will pay an amount of $ 600 per square meter as the fee to each of the store for each month. The revenue from the sales will be returned by the store after deduction of $ 600 as fee. However the unsold goods after each quarter will be returned back to the company and the company will add the goods to the inventories and deduct that amount of goods from the revenue. The company is in the view that the payment of fees are not required to be shown in the statement separately as the cost is associated with carrying on the business. As per AASB 118, revenue shall be recognized at the fair value of consideration that is receivable or receive d. Moreover, the revenue shall be recognised only when the risks and rewards associated with the goods are transferred to the buyer, the amount if the revenue can be computed reliably and the costs that are expensed or to be expensed with regard to the transaction can be reliably measured. Further as per the AASB 1004 and the Australian Accounting Standard (AAS) 15 Revenue, expenses are differentiated to deliver the information related to various aspects of the financial performance. The information related to the expenses can be provided in any of the two ways. 1st option is to classify the information as per their nature for instance, depreciation, rent, salaries or the fees. 2nd option is, for the retailing or manufacturing organizations the expenses can be classified as the administrative expenses, distribution expenses or the cost of sales. The classification delivers a signal that the expenses may vary indirectly or directly, with the changes in the production or sales level o f the industry. The choice of representing the expenses depends on the sole discretion of the organization. However, any of the methods selected, it is mandatory for the organizations to show the expenses related to the sales separately in the income statement. Further as per the AASB 1019 and AAS2 for inventories suggest that the amount of inventories on hand shall be reported at net realizable value on the reporting date and the losses associated with the inventories must be shown separately and shall not be included under the cost of sales. Further, any reversal or writingdown of the inventories shall be shown in the financial statement on the reporting date appropriately. Moreover, the impact of revision with regard to the accounting estimates shall be recognized as expenses or revenue in the financial statement of the period in which it is revised, if the revision has an impact only on the reporting period or in the future period and current period of the revision, if it affect s both the future and current period. The accounting forecasts for the prior period shall not be revised with the retrospective effect from the prior financial period. When there is an issue regarding the revision of the accounting estimates, then the transaction is considered as the revision of the accounting estimates. With regard to the presentation of financial statements as per the AASB standards, under the statement of comprehensive income, the cost of selling the goods or cost expensed for earning the revenue must be shown under the separate head rather than showing the sales less cost of goods sold as net amount. The format can be as follows: Particular Amount ($) Income from sales / Revenue XXX Less: Cost of goods sold XX Gross margin XXX Less: Other Expenses XX Net margin XX By giving the appropriate effect for the above mentioned issues mentioned by you can be solved. Accrual method of accounting will assist the company to recognize the items, for instance, expenses, incomes, equities, liabilities and assets immediately, when they fulfil the required recognition and definition criteria for the required framework. It will help the company to prepare the future budgets and estimating the revenue and expenses. Further, as per AASB 118, revenue shall be recognized at the fair value of consideration that is receivable or received. As per the AASB 1004 and the Australian Accounting Standard (AAS) 15 Revenue, expenses are differentiated to deliver the information related to various aspects of the financial performance. Further as per the AASB 1019 and AAS2 for inventories recommends that the amount of inventories on hand shall be reported at net realizable value on the reporting date and the losses associated with the inventories must be shown separately and s hall not be included under the cost of sales. Therefore, it is suggested that the company shall take into consideration all the suggested things when they will prepare their financial statement next time. From, Maria McKenzie Bibliography Capalbo, F. and Sorrentino, M., 2013. Cash to Accrual accounting: Does it mean more control for the public sector? The case of revenue from non-exchange transactions.Risk Governance Control: Financial Markets Institutions,3(4), pp.28-35. Dakis, G.S., 2016. Upcoming changes to contributions and leasing standards.Governance Directions,68(2), p.99. Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia. Goodwin, J., Atilgan, Y., Simsir, S.A. and Ahmed, K., 2016. Investor reaction to accounting misstatements under IFRS: Australian evidence. Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015.Issues in financial accounting. Pearson Higher Education AU. Jin, K., Shan, Y. and Taylor, S., 2015. Matching between revenues and expenses and the adoption of International Financial Reporting Standards.Pacific-Basin Finance Journal,35, pp.90-107. Palmer, P.D., 2013. Exploring attitudes to financial reporting in the Australian not?for?profit sector.Accounting Finance,53(1), pp.217-241. Rahman, A.R., 2013.The Australian Accounting Standards Review Board (RLE Accounting): The Establishment of Its Participative Review Process. Routledge.

Monday, March 9, 2020

Martin Thembisile (Chris) Hani, South African Activist

Martin Thembisile (Chris) Hani, South African Activist Chris Hani (born Martin Thembisile Hani; June 28, 1942–April 10, 1993) was a charismatic leader in the African National Congress (ANC) militant wing (uMkhonto we Sizwe or MK) and the secretary-general of the South African Communist Party. Considered a threat to both the extreme-right wing in South Africa and the new, moderate leadership of the African National Congress, his assassination had a significant impact on his countrys transition from apartheid. Fast Facts: Martin Thembisile (Chris) Hani Known For:  South African activist, chief of staff of uMkhonto we Sizwe, and secretary-general of the Communist Party whose assassination was pivotal in South Africas transition from apartheidAlso Known As:  Chris HaniBorn:  June 28, 1942 in Comfimvaba, Transkei, South AfricaParents: Gilbert  and Mary HaniDied:  April 10, 1993 in Dawn Park, Boksburg, South AfricaEducation: Matanzima Secondary School at Cala, Lovedale Institute, University of Fort Hare, Rhodes UniversityPublished Works:  My LifeSpouse: Limpho HaniChildren: Nomakhwezi, Neo, and LindiweNotable Quote: My studies of literature further strengthened my hatred of all forms of oppression, persecution and obscurantism. The action of tyrants as portrayed in various literary works also made me hate tyranny and institutionalised oppression. Early Life Martin Thembisile (Chris) Hani was born on June 28, 1942 in the small, rural town of Comfimvaba, Transkei. He was the fifth of six children. His father, a migrant worker in the Transvaal mines, sent what money he could back to the family in Transkei. His mother worked on a subsistence farm to supplement the family income. Hani and his siblings walked 25 kilometers to school each weekday and the same distance to church on Sundays. Hani was a devout Catholic and became an altar boy at the age of 8. He wanted to become a priest, but his father would not give him permission to enter the seminary. Education and Politicization When Hani was 11 years old, the South African government introduced the Black Education Act of 1953. The act formalized the segregation of black schooling and laid the foundation for Bantu Education and Hani, at a young age, became aware of the limitations that the apartheid system imposed on his future: [T]his angered and outraged us and paved the way for my involvement in the struggle. In 1956, at the start of the Treason Trial, he joined the African National Congress (ANC)- his father was already a member of the ANC. In 1957 he joined the ANC Youth League. One of his teachers at school, Simon Makana, may have influenced this decision. Hani matriculated from Lovedale High School in 1959 and went to university at Fort Hare to study modern and classical literature in English, Greek, and Latin. Hani is said to have identified with the plight of Roman commoners suffering under the control of its nobility. Fort Hare had a reputation as a liberal campus, and it was here that Hani was exposed to the Marxist philosophy that influenced his future career. The Extension of University Education Act (1959) put an end to black students attending white universities (mainly the Universities of Cape Town and Witwatersrand) and created separate tertiary institutions for Whites, Coloured, Blacks, and Indians. Hani was active in campus protests over the takeover of Fort Hare by the Department of Bantu Education. He graduated in 1962 from Rhodes University in Grahamstown with a Bachelors degree in classics and English, just ahead of being expelled for political activism. Exploring Communism Hanis uncle had been active in the Communist Party of South Africa (CPSA). The organization was founded in 1921 but had dissolved itself in response to the Suppression of Communism Act of 1950. Ex-Communist Party members had continued to operate in secret and then formed the underground South African Communist Party (SACP) in 1953. In 1961, after a move to Cape Town, Hani joined the SACP. The following year he joined uMkhonto we Sizwe (MK), the militant wing of the ANC. With his high level of education, he quickly rose through the ranks; within months he was a member of the leadership cadre, the Committee of Seven. Arrest and Exile In 1962, Hani was arrested for the first of several times under the Suppression of Communism Act. In 1963, having tried and exhausted all the possible legal appeals against conviction, he followed his father into exile in Lesotho, a small country landlocked within South Africa. Hani was sent to the Soviet Union for military training and returned to Africa in 1967 to take an active role in the Rhodesian bush war, acting as a political commissar in the Zimbabwe Peoples Revolutionary Army (ZIPRA). Work With Zipra ZIPRA, under the command of Joshua Nkomo, operated out of Zambia. Hani was present for three battles during the Wankie Campaign (fought in the Wankie Game Reserve against Rhodesian forces) as part of the Luthuli Detachment of combined ANC and Zimbabwe African Peoples Union (ZAPU) forces. Although the campaign provided much-needed propaganda for the struggle in Rhodesia and South Africa, in military terms it was a failure. The local population frequently informed on guerrilla groups to the police. In early 1967, Hani made a narrow escape into Botswana, only to be arrested and detained in prison for two years for weapons possession. Hani returned to Zambia at the end of 1968 to continue his work with ZIPRA. Rising in the ANC, MK, and the SACP In 1973 Hani transferred to Lesotho. There, he  organized  units of the MK for guerrilla operations in South Africa. By 1982, Hani had become prominent enough in the ANC to be the focus of several assassination attempts, including at least one car bomb. He was transferred from the Lesotho capital of Maseru to the  center  of the ANC political leadership in Lusaka, Zambia. That year he was elected to the membership of the ANC National Executive Committee, and by 1983 he had been promoted to political commissar of the MK, working with student recruits who joined the ANC in exile after the  1976 student uprising. When dissident ANC members, who were being held in detention camps in Angola, mutinied against their harsh treatment in 1983–1984, Hani had a part in the uprisings suppression. Hani continued to rise through the ANC ranks and in 1987 he became the chief of staff of the MK. During the same  period,  he rose to senior  membership  of the SACP. Return to South Africa After the unbanning of ANC and SACP on February 2, 1990, Hani returned to South Africa and became a charismatic and popular speaker in townships. By 1990 he was known to be a close associate of Joe Slovo, the secretary-general of the SACP. Both Slovo and Hani were considered dangerous figures in the eyes of South Africas extreme right: the Afrikaner Weerstandsbewging (AWB, Afrikaner Resistance Movement) and the Conservative Party (CP). When Slovo announced that he had cancer in 1991, Hani took over as secretary-general. In 1992, Hani stepped down as chief of staff of uMkhonto we Sizwe to devote more time to the  organization  of the SACP. Communists were prominent in the ANC and the Council of South African Trade Unions, but were under threat- the collapse of the Soviet Union in Europe had discredited the movement  worldwide. Helping the SACP Rise Hani campaigned for the SACP in townships around South Africa, seeking to redefine its place as a national political party. It was soon doing well- better than the ANC in fact- especially amongst the young. The youth had no real experiences of the pre-apartheid era and no commitment to the democratic ideals of the more moderate Mandela and his cohort. Hani is known to have been charming, passionate, and charismatic and he soon attracted a cult-like following. He was the only political leader who seemed to have influence over the radical township  self-defense  groups that had parted from the authority of the ANC. Hanis SACP would have proved a serious match for the ANC in the 1994 elections. Assassination On April 10, 1993, as he returned home to the racially mixed suburb of Dawn Park,  Boksburg  near Johannesburg, Hani was assassinated by  Janusz  Walus, an anti-Communist Polish refugee who had close links to the white nationalist AWB. Also implicated in the assassination was Conservative Party member of parliament Clive Derby-Lewis. Legacy Hanis death came at a critical time for South Africa. The SACP had been on the brink of attaining significant status as an independent political party, but it now found itself bereft of funds (due to the Soviet collapse in Europe) and without a strong leader- and the democratic process was faltering. The assassination helped persuade the bickering negotiators of the Multi-Party Negotiating Forum to finally set a date for South Africas first democratic election. Walus and Derby-Lewis were captured, sentenced, and jailed shortly after the assassination- within six months. Both were sentenced to death. In a peculiar twist, the new government (and constitution) that they had actively fought against, caused their sentences to be commuted to life imprisonment because the death penalty had been ruled unconstitutional. In 1997 Walus and Derby-Lewis applied for amnesty through the Truth and Reconciliation Commission (TRC) hearings. Despite their claims that they were working for the Conservative Party, and therefore the assassination had been a political act, the TRC effectively ruled that Hani had been assassinated by right-wing extremists who were apparently acting independently. Walus and Derby-Lewis are currently serving their sentence in a maximum-security prison near Pretoria. Sources Hani, Chris. My Life. South Africa Communist Party, 1991.The OMalley Archives.  The Death of Chris Hani:  An African Misadventure.

Saturday, February 22, 2020

Finance (Corporate) Essay Example | Topics and Well Written Essays - 1500 words

Finance (Corporate) - Essay Example This meant to give each proposal a chance to convince the capital budgeting committee for approval. The initial project concerned expanding an existing Match My Doll Clothing line, which had a demonstrated record of accomplishment in the earlier period. The subsequent project initiated a fresh initiative referred to as New Doll Film/DVD, which applied an online software permitting users to tailor a doll’s characteristic to the customers’ specifications. This required calculation of the Net Present Value (NPV) of both ventures to discover which project is more lucrative. Simulation Process Finance Simulation process involve accessing simulation platform. Click prepare tab to access simulation summary, which gives New Heritage Doll Company assignment summary and how to play tab for procedure. Simulation process involves comparison of the following parameters between chosen projects. Theses include NPV, payback period, IRR, profitability index and project milestones and ri sks.    Compare revenue by division, operation profit by division and total assets by division. Compare I/S and B/S in regards to Company consolidated, production consolidated, retail consolidated and licensing consolidated. Further, compare cashflow statement, financial analysis, project details and financial history. Balance sheet Finally decided on the projects to propose as Match My Doll Clothing and New Doll Film/DVD According to projects details they compare as follows. Project comparison The following discussion leads to project chosen for each year and reasons. The market is always divided into two major segments: video games and traditional toys and games. The second segment was additionally divided into child/preschool toys, sports toys and dolls outdoor, and other toys and games involve arts and crafts, action figures, plush toys, vehicles, and youth electronics gargets. The America market for games and toys was dominated by large international enterprises that benefit from economies of balance in production, design, and distribution. Revenues were exceedingly seasonal; the largest selling period in the United States during winter holiday period (Project Analysis Services, 2011, Pg 1-2). The observable fact of age compression; the propensity of younger kids to obtain dolls that had conventionally been intended for older ones, reduced growth in the baby doll segment hence hindering profitability. Competition is always a risk factor and a constraint in any business. New Heritage Doll Company is not exempted; other doll producers are vigorous and they targeted similar demographics and marketing media is similar. Lasting branded name for a doll is rare to come up with. Financial committee also reluctant to finance projects due to licensing proposals and conflict of interest, which posses a risk in regard to profiting (Studymode, 2009, Pg 1-2). Net Present Value is considered through measuring of the following parameters. Operating projections applied to build up cash flow forecasts and then to work out    Net Present Value, payback period, Internal Rates of Return and other investment metrics. The cash flows debarred all financing charges and non-cash objects such as depreciation, and were computed on an after-corporate-tax base. The New Heritage’s company tax rate stated as 40%. Discount rate stated to have been set at 8.4% - for mild-risk scheme. NPV calculations incorporated a terminal

Thursday, February 6, 2020

Should students be assigned to classrooms according to their IQ level Research Paper

Should students be assigned to classrooms according to their IQ level why or why not - Research Paper Example One such issue is whether children should be placed in classrooms based on their age alone, or should their IQ also weigh in as well. There are various ways through which children with higher IQs are catered to in various educational institutions. Some techniques entail placing the â€Å"gifted† children in the same class as their peers, with specialized activities being created for them, different from those of the rest of the class. Still others involve having the gifted children take special classes after school hours, for instance private tutoring. There are certain schools that provide separate classrooms for gifted students altogether, whereas there are institutes that only cater to gifted children. This paper discusses the technique that advocates providing separate classrooms for children based on their IQ. ... Children with higher IQs tend to get bored in regular classrooms, where they are forced to hold back their intelligence, so to speak. This results in them not achieving their full potential. On the same note, children with average IQs, when placed with gifted children, will also experience frustration and confusion. Such feelings can often result in children either lashing out or withdrawing within their own selves. What is more, with the present public school system geared towards improving the standards of the average or deficient/lacking children, the needs of gifted children are often ignored. Assigning gifted children to separate classrooms enables them to challenge themselves and cause them to utilize their maximum potential, something not possible in a regular classroom. Placing such children in regular classrooms may even cause disruption as the gifted child, out of boredom or frustration, may cause distractions in class, thus disturbing the learning of other students. The pr oponents opine that as gifted children are lesser in number, therefore, in a bid to â€Å"fit in† they may end up playing down their intelligence, whether for the teachers or for their classmates. It is a normal phenomenon in a classroom that the teachers often do not call out children who they think would already know the answer, instead focusing on the average or lacking students. All these factors may cause the children to drop out of school altogether (Cloud, Badowski, Rubiner, & Scully, 2004). Once again, students at both ends of the spectrum will benefit greatly from being assigned to classrooms based on their IQ level. On the other hand, the opponents state that the system of measuring IQ, first of all, is not an exact science and