Supplemental Security Income

offer up a potential solution: the universal basic income (UBI). This welfare program in its simplest form would see all citizens of any given country receive an intermittent, unconditional payment from the government. One publication in support of the basic income is “Arguing for Basic Income” by Philippe Van Parijs. However, the UBI is not without controversy. Oren Cass of the National Review wrote an article titled “Why a Universal Basic Income Is a Terrible Idea” in which he expresses his…

Peyton Approved is a premium dog treat bakery that offers only the best dog treats for dogs that suffer from allergies. Peyton Approved uses only all-natural and hypoallergenic ingredients. Peyton Approved has been a home-based business for a year with much success, and now has the opportunity to expand into a bakery location. The purpose of this memo is request funding for business expansion. Overview of the Company's Accounting System On Peyton Approved accounting, each yearly period is…

It now has a dividend yield of 2.61%, which is better than the industry average of 2.05%. As a result of HRB’s strong financial position, we expect the company to continue to enhancing its shareholders’ value. Financial Analysis HRB has two distinct sections of their business that drives the majority of their revenues. These business drivers include their retail division and the digital tax business that allows customers to self-file taxes electronically online. In fiscal year 2015, HRB…

1. What is an operating segment? An operating segment is a management-approach-based segment. According to GAAP, an operating segment is a component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, including intersegment revenues and expenses; whose operating results are regularly reviewed by the enterprise’s CODM; and for which discrete financial information is available (textbook p. 490). 2. What is a reportable segment according to…

Out of the Washington Post, Charles Murray writes A Guaranteed Income for Every American to emphasize that the universal basic income is a great idea for today’s society. Murray claims that if this bill was to be passed then there would be no poverty, such as everyone above the age of 21, upon some certain circumstances would receive a check in the mail every month for just being a citizen. This could solve the issues of people having their jobs lost forcefully, and not being able to provide…

Businesses use the accounting to cycle to identify, record, and process any accounting events which may occur during daily business operations and throughout the life of said businesses. Businesses must ensure that all entries recorded are accurately so that one can measure the businesses financial success at a specified time. The purpose of this paper is to discuss in great detail the steps, role, omission, and financially statements of the accounting cycle. There are a total of ten steps…

the Department of Defense, BAH has relatively stable financial health. The Form 10-K reported a 3.9% decrease in revenue, balanced with a decrease in in expenses, which resulted in an overall increase of .02% for net income in 2015. This is significantly lower than the 6% net income change from 2013 to 2014. The stock values are higher than they were in 2014, and the return on stocks has shown a relatively stable gain since 2010. Of concern is that assets are not much more than equity, and…

lower classes who are paying more taxes. Income taxes that all individuals pay are regressive, which basically means the more income one makes, the lower the proportion of their income they have to pay; so it is the individuals of the lower and middle classes who are bearing the brunt of the stick. To top this off those who make money find little loopholes to avoid giving back even more of their earnings. Those who are able to will acquire their income by capital gains, instead of salaries;…

The income statement has grown profusely throughout the duration of the game. The five fiscal periods concluded with a total of $---. In contrast to the first fiscal period being $-18, within the first day, there were some struggles resulting in a negative income. Despite this, the second fiscal period the net income grew slightly to $115, from the previous day of a $133 increase. The rise was from some revenue in rent and go, but expenses from other opponents brought it down. While the second…

Substantive analytical procedures related to consolidation policy Based on the preliminary analytical procedures about ratios and account balances, I found some risk areas and great changes from 2013 to 2014 in financial statements such as the net income, investments in unconsolidated businesses, cash and cash equivalents, contributed capital, and non-controlling interests. After the review of the 10-k form, I found that the consideration paid for acquisition of Verizon Wireless was primarily…