Essay on Accounting

Also “in terms of interpretation, the long-term solvency ratio should be at least 1.0 but as a general rule, the higher the ratio the better the organization is doing” (Martin, 2001). The ratio for 2002, 2003 and 2004 is less than the average which means that they have nothing to liquidate. If the ratio of a nonprofit organization is less than 1.0, the organizations financial feasibility might be in question. The organization in 2002, 2003 and 2004 is doing pretty good. There is no question…

Q.1 a) Concept, package, and process: Woodland adventure playground is one of the largest in the country designed for leisure sports with adventurous and exciting experience for visitors. Along with sports like slides, ropewalks, towers and trampolines, the kids can learn responsibilities at working farmyard by having a chance to handle “livestock like pigs, sheep, fish, and chicken” (Nigel Slack). The park has to be regularly maintained to provide a safe and enjoyable experience for visitors,…

Prior to its demise, Enron, an American energy, commodities, and services company, was one of Wall Street’s highest rated conglomerate. Enron was regarded as one of the most powerful and successful corporations in the world. Unfortunately, as America would learn, their success did not come without a consequence. Enron participated in side partnerships with investment banks, and was involved in special purpose entities also known as off-the-books partnerships, in order to hide company losses.…

The client, Barae Pharmaceuticals had won a $2 million judgement against Bara Pharmaceuticals for the misuse of Barae’s name. Bara Pharmaceuticals had used Barae’s name inappropriately in the generic-label over-the-counter market. Bara, the defendant in the case, had closed down and filed for Chapter 7 bankruptcy when the judgement was entered. With the judgement entered and debt being incurred, the CEO and CFO of Bara had left the country and returned to South America. Additionally, the 125…

Introduction The nineties were a strange, almost fantastical time; new technology was being created, Presidents were playing the sax on television, and Bernard, informally known as Bernie, Madoff was serving as the NASDAQ chairman. Bernie climbed the economic ladder, eventually being in control of millions of investments in 2008 until it was found out that he had been the head of the largest Ponzi scheme in America. Madoff’s case is not only important to the how expansive it was, but how…

BenQ, a Taiwanese-based company, grabbed the headlines all over the world on June 7, 2005 when it acquired Siemens Mobile, a lose making mobile phone division of Germany’s Siemens and later launched the brand, BenQ-Siemens. Subsequently the acquisition proved to be a strategic mistake, as the two companies could not successfully integrate. In October 2006 BenQ-Siemens filed for bankruptcy in a Munich court, surprising every one. This sparked a debate in Germany over whether BenQ had acquired…

All types of kids will die someday no matter how hard you try to make their lives better economically; similar to the tale “Kids Who Die” by Langston Hughes. Hughes was a literary icon well known for writing about the African Americans’ experience with racism and discrimination during the 1950-1960’s. He was the leading voice of the Harlem Renaissance promoting upcoming young poets. On the other hand, he was the first black poet to support himself through his writing, according to the Poetry…

The job I had accepted assumed directorship of a 50-man comprehensive information technology department with a history of perennially poor management, incoherent staff development, technologies, internal policies and procedures. However, no sooner than concluding the first day on the job, the chief operating officer had apparently gone snooping around my office only to discover an inadvertent disregard for one of their key rules - all desks must be clean before leaving. Had I been informed?…

Franklin Clinton Franklin Clinton is one of the three main characters from a video game called, “Grand Theft Auto V”. His height is 6’0”. Franklin is 27 years old. His first job was towing cars. He is sometimes nice, sometimes gets mad, strong, a really good driver, and used to be a gang banger. Even though he’s a criminal and a gang banger, he just do it to protect himself and for money. He live in a poor neighborhood but as soon as he met a guy name Michael, who is also a criminal but more…

Literature Review Introduction The terms production and productivity are often used interchangeably. But there is a difference between the two. Production refers to the total output of all employees at a point of time. Productivity refers to the output relative to the inputs per person or system with reference to a point of time. Stated more clearly, productivity refers to the amount of goods and services produced with the resources used . Several factors are thought to be correlated with low…