The results of writing contest!

The results of writing contest! The results of writing contest! Thanks everyone for the participation in the writing contest by Essay Supply! We are happy to have received each separate work and congratulate  Viktor Farkaz  with the prize of $1500 for writing the best essay!    Also, special prize to  Hope Dickson  for the unique writing and specific approach to it, and congrats with the prize of $25 Amazon Certificate!    Thanks again, together we will change the world! Yours, Essay Supply team!

Discussion and participation week 4 Essay Example | Topics and Well Written Essays - 750 words

Discussion and participation week 4 - Essay Example ontingencies Gain is Probable Gain is Reasonably Possible Gain is Remote Disclose in notes only Disclose in notes only Nothing (Ecfa, 2011). Ecfa.org (2011). Accounting for Contingencies. Retrieved September 1, 2011 from http://www.ecfa.org/Content/Accounting-for-Contingencies Weygandt, J., Kieso, D., Kimmel, P. (2002). Accounting Principles (6th ed.). New York: John Wiley & Sons. 2. Gain contingencies are not recognized in the income statement, but loss contingencies may be based on the circumstances. â€Å"Loss contingencies may be recorded in the financial statements after evaluation to determine if inclusion is required† (Ecfa, 2011). The probability of occurrence is the determining factor that must be evaluated to determine the proper accounting treatment. The three options are probable, reasonable possible, and remote. Each of the options has different accounting treatment based on losses or gains. The table below shows all the possibilities. Loss Contingencies    Loss is Probable Loss is Reasonably Possible Loss is Remote Amount of Loss can be estimated Record liability and disclose in notes Disclose in notes only Nothing Range of Loss can be estimated Record low end of range as liability and disclose in notes Disclose in notes only Nothing Loss can NOT be estimated Disclose in notes only Disclose in notes only Nothing Gain Contingencies Gain is Probable Gain is Reasonably Possible Gain is Remote Disclose in notes only Disclose in notes only Nothing (Ecfa, 2011). Ecfa.org (2011). Accounting for Contingencies. Retrieved September 1, 2011 from http://www.ecfa.org/Content/Accounting-for-Contingencies 3. A hedge can be defined as protecting a long position in one asset while being short in another in order to reduce overall risk (Tewales & Bradley & Tewales, 1992). If the fair value of the asset changes the investor can minimize his losses based on the use of a hedge. A hedge is a complex investment instrument that should be used only by expert and institutionalized investors. I would not recommend a novice investor in the stock market to invest in hedges. Teweles, R., Bradley, E., Teweles, T. (1992). The Stock Market (6th ed.). New York: John Wiley & Sons. 4. The four types of contingencies mentioned in your answer are right on target. I only came up with liabilities as a potential contingency out of the top of my head. None of the contingencies you mentioned are ever included in the income statement when they are gain contingencies. If the gain contingency is probable or reasonably possible they are disclosed as a note to the financial statements. The existence of a gain contingency is a factor that can positively influenced the price of common stocks of public corporations. 5. Early extinguishment of debt typically results in either a gain or loss. In the income statement gains or loss resulting from early extinguishment of debt are included as other income. â€Å"

Financial analysis of a company Assignment Example | Topics and Well Written Essays - 2250 words

Financial analysis of a company - Assignment Example It is extensively relied on the notion of â€Å"Celebrity Endorsement† to advertise its leading brands. Major events that occurred during the last 4 fiscal years The purchase of Rocca In 2008, Damiani Group acquired â€Å"Rocca†, a high end jewelry and watch chain leader in Italy. Rocca will represent as the first distribution brand of Damiani and it will help sell all the leading brands of the company. The acquired company has its strong footprints in the Italian market. Commercial and licensing agreements During the year 2009, the Group has signed commercial and licensing agreements for the creation, design and distribution of jewelry lines with the prestigious brands. Balance Sheet *Balance Sheet (In thousand Euros) 2008 2009 2010 2011 Inventories 94,713 121,192 106,108 96,192 Trade receivables 65,794 54,551 42,971 31,232 Tax receivables 394 5,571 3,661 2,788 Other current assets 14,718 12,619 9,777 11,401 Current financial receivables       - 1,074 Cash and cash equivalents 52,813 9,542 7,332 10,217 TOTAL CURRENT ASSETS 228,432 203,475 169,849 152,904 Goodwill 5,002 5,002 4,984 4,984 Other Intangible Fixed Assets 7,056 9,204 7,504 5,596 Tangible Fixed Assets 14,698 26,626 20,397 17,590 Investments 169 169 167 167 Financial receivables and other non current assets 2,663 4,655 4,479 3,493 Deferred tax assets 12,229 18,552 19,807 19,854 TOTAL NON CURRENT ASSETS 41,817 64,208 57,338 51,684 TOTAL ASSETS 270,249 267,683 227,187 204,588                Current portion of long term financial debt 5,162 9,681 10,040 7,861 Trade payables 65,305 70,923 57,945 54,673 Short term borrowings 16,229 2,593 1,964 5,965 Income tax payables 2,752 8,977 2,399 2,425 O ther current liabilities 5,090 6,350 4,819 4,862 TOTAL CURRENT LIABILITIES 104,675 88,387 77,167 75,786 Long term financial debt 16,631 22,029 34,356 26,316 Termination Indemnities 4,223 4,868 4,693 4,325 Deferred Tax liabilities 2,608 4,227 864 1,131 Risk reserves       649 1,431 O t her non current liabilities 2,441 2,046 431 493 TOTAL NON CURRENT LIABILITIES 25,903 33,170 40,993 33,696 TOTAL LIABILITIES 137,845 114,290 118,160 109,482 Share Capital 36,344 36,344 36,344 36,344 Reserves 102,742 96,691 89,438 71,890 Group net income (loss) for the period 15,127 (4,709) (18,242) (14,525) TOTAL GROUP SHAREHOLDERS' EQUITY 154,213 128,326 107,540 93,709 MINORITY SHAREHOLDERS' EQUITY             Minority share capital and reserves 1,571 1,668 1,513 1,422 Minority net income (loss) for the period 175 (156) (26) (25) TOTAL MINORITY SHAREHOLDERS' EQUITY 1,746 1,512 1,487 1,397 *As on 31 March of each FY Income Statement Income Statement (In thousand Euros) 2008 2009 2010 2011 Revenues from sales and services 164,919 149,289 145,365 143,323 Other recurring revenues 683 502 390 226 Other non-recurring revenues 8,506          TOTAL REVENUES 174,108 149,791 145,755 143,549 Costs of raw materials and consumables (69,898) (71,090) (82,595) (79,476) Costs of servi ces (53,719) (55,847) (50,226) (46,229) Personnel cost (24,249) (28,251) (27,017) (24,821) Other net operating (charges) incomes 2,397 6,518 843 903 Amortization and depreciation (2,503) (4,191) (5,886) (4,884) TOTAL OPERATING EXPENSES (147,972) (152,861) (164,881) (154,467) OPERATING INCOME (LOSS) 26,136 (3,070) (19,126) (10,918) Financial Expenses (3,312) (2,651) (3,065) (2,926) Financial Incomes 2,153 2,277 350 377 INCOME (LOSS) BEFORE INCOME TAXES 24,977 (3,444) (21,841) (13,467) Income Taxes (9,675) (1,421) 3,573 (1,083)

Stakeholders and the One Industry Town Essay Example for Free

Stakeholders and the One Industry Town Essay 1. Identify the stakeholders that influence and/or that are influenced by the company’s decision. The appropriate identification of stakeholders is very important to business corporations as one approach to understanding the environment in which they operate. According to this case, there are insufficient eligible workers in the immediate area and workers would have to be attracted from other communities. Employees want to have the convenient transportation of back and forth. And onside accommodations are feasible for them. However, if the company decided to build and maintain a road, they will spend too much money on it. 2. Use the stakeholder mapping matrix to plot the stakeholders based upon their support or opposition to the plant and their importance to the decision. The stakeholder matrix mapping methodologies give managers a practical approach to assessing the influence of stakeholders. Matrices can be based on a variety of dimensions and designed to suit the company’s purpose in stakeholder understanding. Using the stakeholder mapping matrix to plot the stakeholders based upon their support or opposition to the plant can ascertain the likely impact of stakeholder demands on the company’s strategies and identify appropriate courses of action to counter influence these demands. 3. Make recommendations to management how they should establish relationships with various stakeholders. The company’s arrangements must be in place to understand the relationships and ultimately to interact with stakeholders. The company can allow employees to adopt new ideas from external networks and encourage the employees share their information and work collaboratively. Expropriate to Expedite Development 1. Who are the stakeholders involved in this situation and what are the issues? The stakeholders are Developers, St. John, 19 property owners, Brendan Murphy, and City Council. * Developers indicated in building a hotel in downtown. * St. John’s wants the area to be developed because if it developed, the area would be a source of taxation revenue. * 19 property owners, the developers were successful in negotiating purchases with 19 property owners. * Brendan Murphy, who is only one of 20 owners, and only he refused to accept the offer from Developers. * City Council, the City Council thinks it was in the public interest to develop the site as employment opportunities. 2. Should governments have the authority to expropriate private property? Yes, I think so. Because government expropriate private property in order to develop public facilities such as parks, public library, and roadway and so on. It is conducive to residents’ daily life. In addition, it is a good way to create more employment opportunities. 3. What are the implications of the practice of the government expropriating property for the purposes of private development? First implication is the government is a non supportive Stakeholder, because government is trying to reduce the organization’s dependence on stakeholders. Then, Developers are the supportive Stakeholder such as Langton Green Development and Halifax-based Pacrin Hospitality Services. They are estimated to cost between $30 and $40 million to develop the area.

Theoretical Approaches to Speech Production :: Spreading Activation Theory SAT

Theoretical Approaches to Speech Production There are two main theories of Speech production, Spreading Activation Theory - SAT (Dell, 1986: Dell & O’Seaghdha, 1991) and Word- Form Encoding by Activation and Verification – WEAVER++ (Levelt et al., 1989: 1999). The SAT theory was devised by Dell (1986) then revised by Dell & O’Seaghda (1991). The theory works on a 4 level connectionist model: parallel and dynamic. The Semantic level is the meaning of what is going to be said. The Syntactic level is the grammatical structure of the words in the planned utterance The Morphological level is the morphemes (basic units of meaning of word forms) in the planned sentence. The Phonological level is the basic unit of sound within a sentence. In addition to the main structure of the SAT model a representation is formed at each level. Pre-Planning is more particular at the semantic level. There are categorical rules at each level, which impose constraints on item categories and category combination. The internal lexicon (dictionary) is considered to be a constructionist network it includes nodes for concepts, words, morphemes and phonemes. So when one node is activated it sends a message to activate all other nodes connected to it. The later computational model WEAVER++ was put forward by Levelt, Roelofs, and Meeyer (1999) derived from Lefvelt (1989). The model is based on the assumptions that there is a feed forward activation network spreading through the network and does not go back. There are 3 levels in the network the highest level of nodes represented are lexical the second level are lemmas which are abstract words from the mental lexicon and the lowest level are the nodes in support of morphemes the basic unit of meaning and phonemes. The network does not have any inhibitory links. The production of speech follows through the stages exactly serial. A word error will occur if the level of activity in the node does no match to the appropriate node higher up. There are 6 stages of processing in the WEAVER++ Theory 2 more than the SAT theory. First the Conceptual preparation stage where the lexical concepts are activated. Stage 2 comes the Lexical selection where an abstract word or lemma is Selected along with its syntactic features. The Morphological encoding is The basic word form derived from the lemma activated. Stage 5 is the Phonetic encoding is where the speech sounds are set. Articulation is the Final stage defines the way the word is pronounced.

A financial quagmire Essay

The whole world is in a financial quagmire. A myriad of financial woes have engulfed financial institutions and any other corporations in this domain all the world round. This financial meltdown came to the light following the collapse of Lehmann Brothers, after which this financial crunch came to be addressed in the open and by all the governments. The United States of America was at the core of this crunch. This was further aggravated by the fact the Bush administration was finalizing on its clench to power. A presidential election was looming and the major rivals; Barack Obama and John McCain were faced with the uphill task of unveiling their plans regarding keeping the crisis at bay and mitigating the effects. Both unveiled their economic plans to the American public and the public chose to go as per Mr. Obama’s plans; a bailout through a federal stimulus package (BRUNE, para 4). After his election, the Congressional Democrats in partnership with President Obama came forth with an $825 billion dollar fiscal recovery package known to many as the Federal Stimulus Package. This would give the unemployed Americans a chance to improve their lives and ensure that each and every American faces little or no difficulty in dealing with the costs of living during this period. Analysts have come forward and allegedly claim that the effects of this crisis would be felt for the next several years. The package would be used on education, aid to states for Medicaid costs, increase in unemployment benefits and on an arena of public works and projects in order to increase the jobs available to the public (HERSZENHORN, para 2 ). The proposal of the stimulus came under serious criticism and has become subject to a lot of intense haggling, fierce lobbying by the Republicans and its core details have come under intense negotiations. A lot of pessimism has been expressed over this stimulus. Many bear the taciturn notion that it will only plunge the country into deeper waters. The Americans would have to face an ugly recession, which is in its all-time high, and a nationwide unemployment rate of 12%. The plan, christened by the Democrats as â€Å"American Recovery and Reinvestment Bill of 2009†, has been President Obama’s core agenda as many see it as the determining factor of the direction of his presidency. The fact that it was one of his major campaign promises that gave him an edge over his rivals leaves him with no choice but to be more pragmatic and see to it that this succeeds. A breakdown of the package includes $87 billion towards the aid to states for Medicaid costs, $79 billion for colleges and local public schools to avoid cutbacks, $90 billion for infrastructure, $54 billion to push for the production of energy from renewable sources, $10 for science and research, $6 billion for enhancement of broadband services in rural areas, $13 billion for the disabled students, $1 billion towards technology enhancement and $43 billion to extend jobless benefits and retraining; to name but just a few. Though viewed by critics as a step of misplaced ambitions and misdirected energy, it is a major leap and a good example of walking the talk rather than sitting back to let nature take its course (HERSZENHORN, para 8). Economic experts are quick to add that though the stimulus is huge, it is not close to enough in stabilizing the economy of the United States of America. This is the highest amount of bailout that a single government has ever instituted on its economy. It is a great effort and jolt to the American economy, seen as a move to curb economic catastrophe. Bearing in mind that there is no other viable fiscal plan at hand, the stimulus package is worth a try. Many are wise enough to note from history of The Great Depression that counteraction is the measure and any procrastination would translate to nothing short of economic suicide. Work Cited: HERSZENHORN, D. M., Congress Moves on Stimulus Bill and Bailout Money. Retrieved on 2nd April 2009 from: http://www.nytimes.com/2009/01/16/business/economy/16webstimulus.html?_r=1&pagewanted=1, 2009 BRUNE, T., Economic stimulus package could reach $1.2T. Retrieved on 2nd April 2009 from: http://www.newsday.com/news/printedition/nation/ny-usstim085956982dec08,0,5280976.story, 2008

Developing Vehicular Data Cloud Services - 795 Words

Wu He, Gongjun Yan, Li Da Xu. (2014). Developing Vehicular Data Cloud Services in the IoT Environment. IEEE Transactions on Industrial Informatics, 10(2), 1587–1595. http://doi.org/10.1109/TII.2014.2299233 The authors presented a multilayered approach to protect the vehicular data using the cloud platform and IoT technologies. The IoT platform’s functional, performance, and security requirements for hosting vehicular data in cloud based IoT platforms were discussed. The gaps in the existing security encryption algorithms and performance requirements were enumerated. The gaps mentioned in this article are already discussed in existing literature and no new findings were presented in this article in terms of security gaps, threats, vulnerabilities and mitigation strategies to develop a counter measures. Safa, N. S., Sookhak, M., Von Solms, R., Furnell, S., Ghani, N. A., Herawan, T. (2015). Information security conscious care behaviour formation in organizations. Computers Security, 53, 65–78. http://doi.org/10.1016/j.cose.2015.05.012 The authors described characteristics of cloud computing system and its attributes in terms of functionality, scalability, reliability, and security. Authors presented the need of synchronization between technology, human intervention and human behavior to build a secured cloud platform. The authors used their research study using qualitative and quantitative methods similar to a mixed method. The authors did not discuss any limitationsShow MoreRelatedA Report On Vehicle Cloud Computing3668 Words   |  15 Pagesthis modernized technology and ever increasing need of human to have an easy life, people spend more time in commuting in vehicles. Cloud computing has been a significant area for building Vehicle Network due to its specific features and applications. Various technologies have been incorporated to maintain and promote Intelligent Transportation System (ITS). Vehicle Cloud Computing is a new composite technology that has sensational significance on various applications using vehicle resources. For safeRead MoreAs An Obvious Fact, We Have Lots Of Data In Various Fields.1071 Words   |  5 PagesAs an obvious fact, we have lots of data in various fields. Actually, it is estimated that the amount of useful data produced will be over 15 zettabytes by 2020, compared with 0.9 zettabytes in 2013. [IDC s Study 1] This has led to an unavoidable challenge, however, data users have to figure out a way to properly store and effectively analyze the large-scale data.\ The challenge becomes more and more severe facing the growth of data. Generally speaking, the development of storage technology onRead MoreDescription Of A Smart Mobile Devices Are The Fastest Growing Computing Platforms Essay1726 Words   |  7 Pages There are many companies where they have a need to track their salesmen periodically throughout the day reasons being to avoid salesman cheating the manager by not visiting the places he has been asked to track salesman performance by a real time data or showing miscellaneous expenditure without actually spending or using it example, travelling charges. Salesman location tracking app will allow a company to track their salesmen location in real time, the salesman will be able to submit immediateRead MoreA Outlook Into The Future Of Autonomous Vehicles1415 Words   |  6 PagesAutonomous vehicles have the potential to provide a definite amount of improvements to vehicular traffic: an increase in both highway capacity and traffic flow because of faster response times, less fuel consumption hence less pollution thanks to more foresighted driving, and hopefully fewer accidents thanks to collision avoidance systems. In addition, drivers can save time or even use commute time for more useful activities. In order for these vehicles to safely operate in everyday urban trafficRead MoreThe Internet Of Things ( Iot )1950 Words   |  8 Pagesbecause of many factors such as different applications involved in IoT scenarios, heterogeneous nature of sensors and actuator and the different used access technologies. In this paper, a solution based on using context aware servers accompanied with a cloud of GKD servers is used to efficiently distribute group encryption keys to secure multicast sessions regardless of the nature of the sensors used or applications deployed. I. Introduction The Internet of Things refers to billions of interconnectedRead MoreHow Technology Has Impacted Our Lives3685 Words   |  15 Pagestrade, competiveness and innovation worldwide. (#1) We will be looking at four general areas of security that all businesses must consider and manage in order to be successful in this day. Please note that there are many, many areas to consider when developing your cybersecurity plans, entire books are written about single components of IT security. Due to space considerations, we will take a general look at only four areas: Physical and Environmental Security, Network/Computer Security, Access ControlsRead MoreThe Environmental Problems in India6662 Words   |  27 Pages Exhaust from vehicles has increased eight-fold over levels of twenty years ago; industrial pollution has risen four times over the same period. The economy has grown two and a half times over the past two decades but pollution control and civil services have not kept pace. Air quality is worst in big cities like Kolkata,   Delhi, Mumbai, Chennai, etc.     Ã‚   Bangalore holds the title of being the asthma capital of the country. Studies estimate that 10 per cent of Bangalore’s 60 lakh population and overRead MoreThe Technology Development Of Autonomous Cars10514 Words   |  43 Pagesproject of the modern cars available today on the market. Over the past few decades, safety has been a major guideline on the development of the cars and companies such as Volvo, Toyota, Mercedes among others are on the forefront of this development developing ADAS that in a near future are going to decrease the importance of the human factor on the accidents. From lane tracking, to collision avoidance systems the technological innovation is on course and it’s ultimate goal is a fully autonomous vehicleRead MoreEnvironmental Degradation9511 Words   |  39 Pagesof people have moved into urban areas from rural areas in the past twenty years,which brought demands of water to certain areas.In developing countries like India,China,Brazil people shifting to urban areas all of a sudden may cause overcrowding due to the increase in population density and people get prone to diseases.This is the reason behind the deaths in developing coutries due to contaminated water. When we talk about agricultureRead MoreThe Impact of Economic Meltdown on the Nigeria Banking Industry (a Case Study of Intercontinental Bank Plc).13502 Words   |  55 PagesAugust 14, 2009 CBN intervention into commercial banks (as a result of the meltdown originating from unsecured credits and poor bank management in the Nigerian commercial banking system) as a benchmark to analyze the effects. Data was collected from journals, interviews and direct data from specific units of the bank. The appraisal of the staff of Intercontinental Bank was used to assess performance under the first hypothesis. The second hypothesis tends to seek the staff opinion on effects of policy changes