Pleasure principle

As a previous post has discussed, non-compete agreements are a contract clause that Texas employers may use to prohibit workers from working for their competitors after leaving their employment. Sometimes, however, issues may arise when employers seek to enforce such covenants. Therefore, it behooves business owners to understand when covenants not to compete are enforceable to help ensure that these clauses are structured appropriately. In general, there are certain requirements that must be…

When talking about personal finance, some of the most commonly asked questions are the definitions and differences among credit, credit report, and credit score. The topic of credit scoring is in fact a very interesting topic. People used to think of credit scoring as something purely associated with the purchase of expensive items, like a new house or a new car. But today, the importance of credit scoring has increased in such a way that it can affect even a person's chances of landing a good…

The General Accepted Accounting Principles (GAAP) requires cash flow activity from blended component units to be presented in the statement of cash flows, however, the statement does not display the cash flow activity of discretely presented component units (Washington State Auditor's Office…

In December of 2015, FullCycle Energy named Sam Tabar as its chief operating officer, according to Private Equity Wire. Tabar is an attorney and financial strategist who has spent years managing the budgets of large institutions and corporations. Prior to signing on with FullCycle Energy, Tabar served as Merrill Lynch’s Bank of America head of capital financing. As head of Capital, Tabar worked would introduce hedge-fund managers to large groups of institutional investors that included…

The financial responsibility of a nonprofit governing board includes its ability to achieve the organization’s mission over time. How does the board and CEO/executive director address each of the following? • Oversight by state and federal regulators; • Identifying and managing financial risk; • Management of finances and fiduciary oversight; • Communicating financial transparency. The Board’s approach: • Oversight by state and federal regulators; When there is an evident oversight in the…

generating profits and increasing equity. Revenue recognition is an accounting principle under generally accepted accounting principles (GAAP) that determines the specific conditions under which revenue is recognized or accounted for. Generally, revenue is recognized only when a specific critical event has occurred and the amount of revenue is measurable. The FASB has accepted that current Generally Accepted Accounting Principles (GAAP) involve complex and disparate revenue recognition…

After researching taxable and non-taxable income, the Pontiac G6 awarded to Oprah’s audience would be subject to federal taxation. According to treasury regulations, it states that: “Section 74(a) requires the inclusion in gross income of all amounts received as prizes and awards, unless such prizes or awards qualify as an exclusion from gross income under subsection (b), or unless such prize or award is a scholarship or fellowship grant excluded from gross income by section 117 (Reg §…

The film chosen for this analysis is “The Surprising Truth About What Motivates Us” by Dan Pink. In this film, Pink discusses some of the common misconception about what it is that drives humans in their behaviors. One of the more commonly held beliefs is that if a person is provided with enough monetary incentives, their performance will dramatically improve. The main question behind the study was whether or not a reward would result in an increase of the desired behavior or if a smaller reward…

Hillwood Neighborhood is a neighborhood subdivision community in Murfreesboro, Tennessee located one mile off of the Interstate 24. The developers have designed and crafted single family real estate properties in this trendy multiple neighborhood community cushioned into the countryside. Prospect homebuyers with enjoy nearby cities tree lined with local shops and cafes keeping a time honored tradition of the county’s treasured history. Interested homebuyers can selected between a variety of…

First, this Comment will review the background of ExIm and its purpose. Next, it provides background information on the mechanics of the Bank and explains the financing of exports. Third, this Comment analyzes whether the Bank′s financing scheme is helpful or harmful to U.S exporters and whether ExIm has the desired economic affect. Finally, this Comment concludes by arguing that ExIm should not be reauthorized, and offers an alternative to reauthorization. I. BACKGROUND A. History ExIm is…