Condition vs. Statement Analysis Coursework Example | Topics and Well Written Essays - 250 words

Condition vs. Statement Analysis - Coursework Example Horizontal analysis makes use of comparisons over two or more years in both currency and percentage forms. Vertical analysis on the other hand, takes into account entries of the balance sheet and presents them as percentages of the total. Finally, ratio analysis is used in financial statement analysis to show the statistical correlation of data (Finkler, Purtell, Calabrese, and Smith, 2013). The use of financial statement analysis is primarily aimed at informing effective decision making process. While financial statement analysis evaluates the financial performance of an organization from its financial data records to showcase performance, financial condition analysis on the other hand, aims at measuring the position of the business or entity at hand. Two considerations under financial condition analysis include resource flow, and resource stock (Studenmund, 2011). Under resource flow, financial condition analysis takes into account financial indicators such as total margin, charge to expense, and debt service ratios. It also considers financial performance through change in net assets (Finkler, Purtell, Calabrese, and Smith, 2013). Under resource stock, financial condition analysis takes into account financial ratios (indicators) such as quick for testing liquidity, net assets for measuring solvency, debt to asset for measuring leverage, and capital assets condition for measuring capital (Finkler, Purtell, Calabrese, and Smith, 2013). The use of financial condition analysi s is primarily aimed at acknowledging the performance or position of the entity at hand. Finkler, Purtell, Calabrese, and Smith (2013) points that external factors have impact on an organization’s financial performance. In this case, financial condition analysis considers external factors such as competition, market stability, exchange rates, and market volatility. Under these factors, financial condition analysis aims at testing how much the business is able to

Cancer and Lucille Cliftons Poetry Essay -- Lucille Clifton poem Poet

Cancer and Lucille Clifton's Poetry Sometimes knowledge of someone’s life can be taught by stanzas. It is not always simple being honest and open to discuss past troubles, but it is important that those negative thoughts do not stay bottled inside you. Expressing these feelings can help aid in recovering. Lucille Clifton uses poetry as her therapy to bring out all the shadows in her life. From the beginning of her career with the publishing of Good News About the Earth in 1972 to the most recent addition, Mercy in 2004, we see how Clifton relies on her writing to capture her past. Lucille Clifton’s poetry traces the life of a strong woman imprisoned by loss and disease, but eventually frees herself by living each moment as if it were her last. When you open up one of Lucille Clifton’s books of poetry, you will first notice her unique form. Her poems lack capitalization, punctuation, and many of her poems reject the normal etiquette for spacing. They are often described as â€Å"spare in form, deceptively simple in language, complex in ideas, and reflective of the commonplace† (Houston). The lack in form seems to be very significant because there are some poems where capitalization and punctuation are used. In Holladay’s Wild Blessings, it is suggested that â€Å"like the Beat poets, black activist poets were reacting against the political and literary establishment†(19). There is importance in the lack of form, but it seems that Clifton was not aiming to revolutionize, but merely make a point that the way the poem is written reflects her feelings on the subject. In 1972 Clifton published Good News About the Earth, which addresses societal issues of the time, heroism, family and religion. We see the first instanc... ...eel that she has found some peace with her troubles. She no longer questions the worst, but instead stops the talking and lives her life without fear of the unknown. Works Cited Clifton, Lucille . Good News About The Earth. New York: Random House, 1972. Clifton, Lucille . Mercy. Rochester: BOA Editions, Ltd., 2004. Clifton, Lucille . The Terrible Stories. Brockport: BOA Editions, Ltd., 1996. Hartman, Stephanie. "Reading The Scar in Breast Cancer Poetry." Feminist Studies 2004. 09 Apr 2006 Holladay, Hilary. Wild Blessings: The Poetry of Lucille Clifton. Baton Rouge: Louisiana State University Press, 2004. Houston, Helen R. "About Lucille Clifton." Modern American Poetry. 1995. 09 Apr. 2006 . "The Terrible Stories." Amazon.ca: Editorial Reviews Books. 1996. Publishers Weekly. 09 Apr. 2006 . (amazon).

Marginal Costing

What is Marginal Costing? What are its features? What are the basic assumptions made by Marginal Costing? Marginal Costing is ascertainment of the marginal cost which varies directly with the volume of production by differentiating between fixed costs and variable costs and finally ascertaining its effect on profit. The basic assumptions made by marginal costing are following: – Total variable cost is directly proportion to the level of activity. However, variable cost per unit remains constant at all the levels of activities. – Per unit selling price remains constant at all levels of activities. All the items produced by the organisation are sold off. Features of Marginal costing: – It is a method of recoding costs and reporting profits. – It involves ascertaining marginal costs which is the difference of fixed cost and variable cost. – The operating costs are differentiated into fixed costs and variable costs. Semi variable costs are also divided in the individual components of fixed cost and variable cost. – Fixed costs which remain constant regardless of the volume of production do not find place in the product cost determination and inventory valuation. Fixed costs are treated as period charge and are written off to the profit and loss account in the period incurred. – Only variable costs are taken into consideration while computing the product cost. – Prices of products are based on variable cost only. – Marginal contribution decides the profitability of the products. What are the limitations of Marginal Costing? The limitations of Marginal Costing: – The classification of total costs into fixed and variable cost is difficult. – In this technique fixed costs are totally eliminated for the valuation of inventory of finished and semi-finished goods.Such elimination affects the profitability adversely. – In marginal costing historical data is used while management decisions a re related to future events. – It does not provide any standard for the evaluation of performance. – Selling price fixed on the basis of marginal cost will be useful only for short period of time. – Assessment of profitability on the marginal cost base can be used only in the short period of time. What is Cost Volume-Profit relationship? Cost Volume-Profit (CVP) relationship is an analysis which studies the relationships between the following factors and its impact on the amount of profits. Selling price per unit and total sales amount †¢ Total cost which may be in any form i. e. fixed cost or Variable cost. -Volume of sales In simple words, CVP is a management accounting tool that expresses relationship among total sales, total cost and profit. Cost Volume-Profit relationship is one of the important techniques of cost and management accounting. It is a powerful tool which furnishes the complete picture of the profit structure and helps in planning of profi ts. It can also answer what if type of questions by telling the volume required to produce.This concept is relevant in all decision making areas, particularly in the short run. Explain P/V ratio and Contribution. P/V Ratio: P/V Ratio (Profit Volume Ratio) is the ratio of contribution to sales which indicates the contribution earned with respect to one rupee of sales. It also measures the rate of change of profit due to change in volume of sales. Its fundamental property is that if per unit sales price and variable cost are constant then P/V Ratio will be constant at all the levels of activities. A change in fixed cost does not affect P/V Ratio. It is calculated as under: Contribution * 100) / Sales (Change in profits * 100) / (Change in sales) A high P/V Ratio indicates that a slight increase in sales without increase in fixed costs will result in higher profits. A low P/V ratio which indicates low profitability can be improved by increasing selling price, reducing marginal costs or selling products having high P/V ratio. Contribution: It is the difference between sales revenue and variable cost (also known as variable cost). Variable cost is the important cost in deciding profitability as fixed costs are ignored by marginal costing. It can be expressed in two ways: Sales Revenue – Variable Cost †¢ Fixed Cost + Profit The situation generating higher contribution is treated as a profitable situation. Explain Break Even Point. How does BEP help in making business decision? Break Even Point (BEP) is a volume of sales where there is neither loss nor profit. That means contribution is enough to cover the fixed costs. Thus, we can say that Contribution = Fixed Cost Any contribution generated after BEP will directly result into profits as the fixed costs are fully covered now. BEP can be computed in two ways: In terms of Quantity- Fixed Costs / Contribution per unitIn terms of Amount- (Fixed Costs) / (P/V Ratio) BEP (Break Even Point) is the situation whe re there is neither loss nor profit. At this stage, the contribution is enough to cover the fixed costs i. e contribution is equal to fixed cost. Contribution generated after the break even point will result in profits for the organisation. Profit maximization is the motive of every organisation. Thus, every organisation use BEP as a base to take various decisions in regard to its sales volume and tries to increase it so that total fixed costs can be covered as early as possible and more profits can be earned.Explain Margin of Safety. Margin of Safety is the amount of sales which generates profit. In other words, sales beyond Break Even Point are known as Margin of Safety. It is calculated as the difference between total sales and the break even sales. It can be expressed in monetary terms or number of units. It can be expressed as below: Margin of Safety = Sales – Break Even Sales = Sales – {(Fixed Cost) / (P/V Ratio)} = ((Sales * (P/V) Ratio) – Fixed Cost) / ( P/V) Ratio = (Contribution – Fixed Cost) / (P/V) Ratio = Profit / (P/V) RatioThe size of margin of safety is an extremely important guide to the financial strength of a business. If margin of safety is large, which indicates that BEP is much below the actual sales, that means business is in a sound condition and reduction in sales will not affect the profit of the business. On the other hand, if margin of safety is low, any loss of sales may be a serious matter. Thus, efforts need to be made to reduce fixed costs, variable costs or increasing the selling price or sales volume to improve contribution and overall P/V Ratio.

The Issue Of Transgender Students - 848 Words

In the past couple of months there has a significant push for political correctness and toleration. Many people believe that since it is 2016 American should revamp itself to become more accepting. The American system is not flawless and there is nothing wrong with wanting to make reforms, but the way people are going about it is very problematic. The upcoming surges of social movements are getting out of hand. The more progressive groups in America are putting out this message of how the upper class white patriarchy is preventing minority groups from receiving an equal opportunity in all fields of American life. If you look at the history of American there are some instances where that did happen, but the idea that it is happening around the clock is absurd. An impending issue that is occurring now that many liberals are grabbing a hold of now is impartiality for transgender students. A majority of American has probably no problems with the transgender individuals, but the idea that transgender students should be allowed to use the bathroom of the gender they identify with is a bit too much for them to handle. People who are for allowing transgender students to use the bathroom facilities of the gender they identify are bringing up the issue of Title IX. Title IX is a statue that was written in 1972 to prevent sexual discrimination between genders. According to the Title IX Legal Manual, â€Å"Title IX prohibits, with certain exceptions, any entity that receives ‘federalShow MoreRelatedThe Issue Of Gender Equality790 Words   |  4 PagesOne of the newer issues that are facing schools today is accommodating transgender students. The Title IX, Education Amendments of 1972 states: â€Å"Prohibition against discrimination; exceptions. No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any education program or activity receiving Federal financial assistance†¦Ã¢â‚¬  This is talking about gender equality in schools. This means that a schoolRead MoreSchools Should Recognize Transgender Identities1112 Words   |  5 PagesSchools Should Recognize Transgender Identities Transgender students all across the United States are struggling as they try to fit in at their school. A â€Å"Transgender†, or â€Å"Trans† individual is someone â€Å"whose gender is different from the ones they were know as at birth. They may identify as male or female, or they feel that neither gender fits them† (â€Å"What Does Transgender Mean†). As transgender awareness is becoming more known to the public, their issues are becoming more and more obvious. SchoolsRead MoreHostility Towards Transgender Students1090 Words   |  4 Pagesare those categorized as transgender. These people are very often the subject of intense scrutiny, discrimination, ostracism, verbal harassment and even physical assault. These responses to a transgendered person often stems from a lack of understanding, confusion, fear, and anxiety when interacting with these people. In order to understand why people are so unsettled when in the presence of a transgender individual , it is essential to fully understand the term transgender. The American PsychologicalRead MoreTransgender Students Face Discrimination On A Daily Basis1373 Words   |  6 PagesTransgender students face discrimination on a daily basis. The schools should be a safe place for students but, unfortunately, teachers, administers, and others students pass judgment, bully, and isolate them. The ignorance displayed in many parts of the United States towards the Lesbian, gay, bisexual, and transgender LGBT community have made their daily entrance, but they still have a difficult sometimes because of their gender. There are schools that discriminate and schools that do not discriminateRead MoreTransgender Students At High Education Essay852 Words   |  4 Pagesnot impossible, to quantify transgender students in higher education across the nation. In a national Student Affairs Administrators in Higher Education (NASPA) and Center for Collegiate Mental Health (CCMH) survey of a random sample of 21,686 college students in 2010, .1% (n=29) identifie d their gender as transgender, and .3% (n=57) identified as â€Å"other† (Effrig, Bieschke, Locke, 2011). Though this provides some useful insight regarding the number of transgender students on campuses nationally, theRead MoreWhat Was The Aftermath Of The Provision? After Ab12661648 Words   |  7 PagesWhat was the aftermath of the provision? After AB1266 was implemented into law after January 1, 2014, this led to huge backlash against the law by private institutions and through petitions. Privacy for All Students a coalition of churches, religious groups, and members who wanted to repeal gay marriage tried to repeal the law in late 2013 and they gathered well over 600,000 signatures which is much more than the required 504,760 signatures needed for a referendum (Schrank). On the other hand, theseRead MoreEssay on Trangender and the Bathroom1064 Words   |  5 PagesMany may wonder what being a transgender person really is, a lot of people may see or refer to it as someone who has gone gender transformation, or is confused with who they are. The word transvestite is very much used when referring to a person who identifies with the opposite gender, the word Transvestite itself originated in 1910 by the well known German sexologist Magnus Hirschfeld, who also founded the Berlin institute which was where the first sex change surgeries took place. TranssexualRead MoreTransgender Students Should Be Legal967 Words   |  4 PagesTransgender people are deserving of having the right to use public facilities that correspond with their gender identity instead of being forced to use facilities that match their biological sex, which could put them in danger. There have been many cases of transgender people being denied access to use bathro oms and locker rooms for the gender they identify with, out of worry that they’d make other people occupying said bathrooms and locker rooms uncomfortable. The reactions of other groups of peopleRead MoreA Study On The Transgender Community Essay1342 Words   |  6 Pageswelcoming to people of all races, ethnicities, and sexualities. A majority of students on campus feel very safe and comfortable across the campus. However, the transgender community has limited access to bathrooms in which provide safety and comfort. Transgender or gender questioning individuals on campus will often avoid the gender specific bathrooms. This can cause an impact on academic achievement. Students in the transgender community will sometimes walk or drive to the nearest gender-neutral bathroomRead MoreThe Principle Of Mortality : A Moral Principle961 Words   |  4 Pagesshould be of moral concern to us. Our moral rules claim that a pleasant society is preferred over an troubled society.† Conforming to the rules, as a society we are rewarded and penalized when we don’t conform. Not considering the right for transgender students to facilitate locker rooms in which correlate to their inner gender-identity is conforming with society making it a pleasant society. In regards to principle of mortality I personally must disagree moral rules doesn’t necessarily make society