Goodwill

Friendship requires reciprocated wishing of good to the friend for the friend’s own sake. Premise 4: Any good wished towards a soulless thing is not for its own sake. Premise 5: Soulless things cannot wish good towards an individual, nor reciprocate goodwill. Premise 6: Friendship requires…

properties on the analysts forecast due to goodwill is forecast accuracy and forecast dispersion. Analysts forecast accuracy is negatively affected by restructuring charges (Chaney, Hogan, & Jeter, 1999), international diversification (Duru and Reeb 2002), complexities of tax laws (Plumlee, 2003), and harder to read 10-Ks (Lehavy, Li, & Merkley, 2011). Since managerial manipulation can result in no impairment being reported, uncertainties with goodwill are present even when impairment is not…

• Operating Cash Flows increased 44.7% from $239.22m in 2013 to $338.94m in 2014 due to receipts from customers (new store openings) and overall debt levels was lower compared with past period so it reduced interest & other costs of finance. Besides that, Harvey Norman had to need more money in order to pay to suppliers & employees, partly due to stock requirements of new overseas stores and increase in income taxes paid. Consequently, Harvey Norman gain sufficient positive cash flow to…

“A valuation method (e.g. LIFO, FIFO, average cost and specific identification) is used to compute the cost of the inventory dollar amounts and then it is compared to the market dollar amount.” LIFO is not commonly used because the last goods purchased are the first to be sold. The inventory at the beginning of the year will have the earliest goods purchased acquiring a valuation of an early price. FIFO is better used for lowering cost especially during periods of increase prices. It is also…

he defines the thought process of defining the meaning of “goodwill” from his perspective and reflects upon the three suggestions that reflect upon the meaning of “duty”. In his writing, he clearly stated the second and third propositions of duty but did not clearly state the first proposition. At least he did not label any statement as the first proposition of duty, though…

According to him, when a person represents his product in such a way that the reputation or the goodwill of the aggreived party’s product is injured. According to Lord Diplock , the first element involved in this tort is mispresentation by a merchant dealer in the process of trading. The permanent or the prospective customers of the aggreived party are misrepresented in such a way that the reputation or the goodwill of their business is negatively affected or…

by finding the good in the action, but doing the action with goodness. He explains how this can be done with his categorical imperative and the two formulations of it. These formulations help us decide whether or not our actions are based off of goodwill or our own inclinations. He gives multiple examples to elucidate on how to use this formulation. Kant believes happiness is not the end, but being good because it is our duty and doing this with a good intention. For example, if a man gave…

Since Kadex Corporation treated the purchase of property, plant, and equipment like a repair and maintenance expense, Jones & Scranton would likely discover the error (even though they are only auditing the third year and the error occurred in years one and two) in a number of ways. First, when the auditors verify the existence of the property, plant, and equipment, they will discover plant and equipment items that are not listed on the assets list. Second, when the auditors determine the…

attend the lottery and each family must draw one paper slip out of the black box. The family that draws the slip of paper with the black dot on it must draw again for each person in the family. In this story, there are many different types of irony, goodwill from the community, and the practice of cruelty. There are quite a few different ironies in this story. Jackson says, “The morning of June 27th was a clear and sunny, with the fresh warmth of a full-summer day; the…

the act results in a favorable outcome. In other words, in terms of morality, he claimed that the consequences of an action are irrelevant. Instead, his theory placed emphasis on the principles behind an action. He believed in a concept known as “goodwill”, which is claimed to be the only thing that can be considered good without qualification. Therefore, the moral worth of an action is dependent upon whether…