Essays on Basis

Adjustments to the accounts

In the computation of the income tax of the client, depreciation is allowed as an expense in the income statement. Instead, capital allowances on the capital investments are allowed. The taxpayer computes the capital allowances as per the prescribed rates by the commissioner of income tax. These include investment deduction, wear and tear allowance as well as the industrial building deduction. In the case of Andrew, the capital allowances can be computed as below:

Computation of the writing down allowance on general pool for the year 2012/2013 was at 18%.

Balance brought forward on General pool = £2500 Add: New equipment purchased = £5000 Less: Old Machine sold = (£600) Net value of general pool ...

This report is targeted to identify the issues and the problem which the organizations face from equal employment opportunity. Organizations have to face several challenges and they have to design techniques to overcome this problem. The aim of the equal employment opportunity act is to ensure that the organization is free from all sorts of discrimination and harassment related issues. The workplace must have rules and policies which are necessary to be followed. This law also empowers the physically disabled individuals who are less privileged than others but possess full potential to perform the task. The Equal Opportunity Act ...

- Investment analysis of the Emirate Airline - The University - [Instructor’s Name here] - Table of Contents - Financial highlights analyses, 2010-2014 .. 02 - Horizontal analyses 02 - Vertical analyses 04 - SWOT analysis .. 04 - Cash flow analyses, 2010-2014 . 06 - Cash flow statements analyses 06 - Profitability position 08 - Liquidity position 08

Horizontal analyses The four-year revenue growth of Emirates Airlines was 90.4 percent, or an average annual growth of 22.5 percent. This growth performance is moderately high and impressive ...

Science from a philosopher’s perspective

Science has undergone a lot of transformations and many theories have been formed to form the basis of truth and knowledge. The nature of science is that it introduces the use of experiments as a means of reaching to an idea. It is therefore important to note that science is based on objectivity that basically means that one has to look into the two sides of the divide then come up with an informed choice that satisfies the need for knowledge search. Scholars, for the sake of coming up with theories have adopted the use of paradigm. The replacement of one ...

Abstract

Equal Opportunity is the right of every human. Every person enjoys the right to equal representation in all walks of life and is liable to legislation if these rights are oppressed. Equal Employment Opportunity is a concept based on equality rights at the work place. Equal Employment Opportunity Council is the governing body that assesses the rights of an individual at the work place. The following article is discussion of EEO laws and procedures recommended by the EEOC for individuals to protect their rights against discrimination at the work place. Keywords: disparate, equality, representation, laws

Introduction

All humans are born ...

Abstract

Sociology is one of the fields that have been appreciated in every corner of the world because it has been used as a tool for streamlining the society. The field of sociology is one that has been used in molding the society according to moral and ethical standards. The society is composed of different groups of people most of which are based on different factors. The social division that exists in a societal setting is what is referred to as social stratification by sociologists. Social stratification occurs at different levels in the society. Social stratification may be based on economic status, ...

I have reviewed your memo regarding our client Howdy Brewster which describes his business activities and the recent events which may impact his 2011 Federal Tax Return. Here is a review of the factual information about Brewster which pertains to the income tax questions. His business is an eight hundred fifty acre farm and dairy operation. About 150 Holstein milk cows are part of the dairy operation. Approximately 150 Black Angus steers are raised to sell. Brewster has one part-time employee. He employs his two teen-age sons for the daily farm work. The land has been in the family for ...

Introduction

In this case, Maria filed a complaint regarding the failure of the company to promote her without much consideration of the long term experience of ten years that she had. The company policy disregarded her request or application for promotion on the grounds of accent and tardiness. The company claimed that Maria was not suitable for such a promotion because her accent will greatly affect communication and the customers will find difficult to understand her in the course of her duty. It was claimed that Maria talks very rapidly such that the customers may find her not efficient in communication due ...

U.S. GAAP versus IFRS.

ABSTRACT

There are notable differences between the International Accounting Standard Boards and the Financial Accounting Standard Boards models of accounting for income tax. Efforts to harmonize the two standards through the Exposure Draft were dropped in 2009 and have not been reviewed thereafter. In 2012, SEC staff provided a final IFRS framework that outlined its efforts and findings but did not provide any conclusions or recommendations for any actions. The difference between IFRS and US GAAP remain significantly felt in many areas and are of major interests to users of financial statements. The main areas of comparison ...

Introduction

Learning in high schools and colleges is becoming continually dynamic, with an increased globalization of life before, in and after college becoming more and more salient. This means that there is an augmented educational interaction among people from different parts of the world, and this interaction is enhanced by effective communication, which in turn depends on the language. For this reason, the introduction of foreign language classes in high schools and colleges has become an area attracting societal attention. However, this practice raises varied opinions, with some feeling that the foreign language studies should be mandatorily introduced in these ...

Business Plan For Daycare Learning Center

Executive Summary My First Child Daycare aspires to be an established business that desires to create a center daycare in the area of Allentown, PA., a place where a parents will feel satisfied and confident to leave their children, with the assurance that their precious little ones are well taken care of. The owner's intention is to offer a teachable moment in the daily routine by creating programs that can be enjoyable as well as an opportunity for learning for the children. The children eligible for admission to the daycare learning center shall be between 3 months to 10 years of age. ...

COMPLEX WORKPLACE COMMUNICATION STRATEGY

EQUAL EMPLOYMENT OPPORTUNITY PLAN INTRODUCTION Equal Employment Opportunity is a Law proposed by the federal agencies for protecting the employees against all sorts of institutional discrimination and harassment. The specific measure of this law is to ensure that the rules implemented in the work environment, policies and practices are fair and all the workers are valued and respected. The application of the EEO law protects all the employees against racial and ethnic discrimination. The rights of the individuals with disabilities are protected under this law and it is ensured that their performance is analyzed only on the basis ...

In a building and construction business, proper financial management is essential for the smooth of running of the business and achievement of profits. The essence of financial management is in proper record keeping. The table below shows the basic records that are a must in any business, the person responsible, frequency, review process, and why the record.

RECORD

PERSON RESPONSIBLE

WHEN TO BE PREPARED (FREQUENCY)

REVIEW PROCESS

WHY YOU NEED RECORD

Petty Cash

Accounts Clerk

Weekly

Manager reviews the petty cash system on a quarterly basis so as he can balance and reimburse money in the office.

Certify that minor purchases not ...

- Introduction: Equal opportunity employment has always been an important topic and concern of multiple organizations and several initiatives in this regard has been taken by United States governments that were applied on different organizations. After the implementation of these laws benefits were encountered in the term of productivity of businesses and increased efficiencies, effectiveness, and capabilities of employees (Mathis, & Jackson, 2011). The objective of this paper is to shed light on the topic of “Equal opportunity employment” . This paper has been divided into 8 sections. The first section describes the concept whereas the second describes the ...

Can you please ensure that the referencing conforms with the OSCOLA standard (available at http://www.legalcitation.ie/page5/files/OSCOLA%20Ireland%202011.pdf

· Can you please ensure that all web links in the footnotes work, and lead the reader to the correct cite

· Can you please use English Ireland or English UK as the default language (as distinct from English US) What I need that those points has to be solved within 18 hours. Please as my submission day is Thursday. also I do not want you to change anything in the piece of the paper just make sure from what I ask for, also I would like you to add Hyperlinks in the footnotes and the reference

Acknowledgement

The preparation of this thesis would ...

Introduction

The strategic prominence of sports cannot be over emphasized. From the inception of the Olympics and sports event such as the FIFA world cup, it is a testimony that sports have played a major role in bringing people together. Through the different sports events all around the world, special gatherings have been a witness. Individuals either directly or indirectly take part in ensuring that the sports events are a success. However, it should be noted that while sports has played a major part in bringing people together, it has not been short of controversies. A number of controversial issues have been reported either involving ...

I have reviewed your memo regarding our client Howdy Brewster describing his business activities and the recent events which have occurred that could have an impact on his 2011 tax returns. His business is a farm and dairy operation on 850 acres of land. The land has been in the family for close to 125 years. There are three existing houses on his property.

Mr. Brewster recently signed a contract with Aztec Oil and Gas Pipeline to allow the company to lease a portion of his land in order to run a pipeline; Aztec will need access to maintain the pipeline over its ...

Introduction

There are many views on climate change around the world. Some people believe climate change poses a serious threat to the world whilst others believe the claim relating to climate change and society is merely a myth with no logical basis. There are competing interests and views of climate change because public policy is influenced by climate change and this has various levels of impacts on the activities of interest groups in the United States and around the world. The purpose of this paper is to examine the framework within which political debates on climate change occurs in the United ...

Introduction

The main perspective of this assignment is to make a comparison between two different accounting standards which particularly are International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). It is required to analyze both the accounting framework from four different angles that will be executed after analytical framework.

Analytical Framework

IFRS is the most widely chosen accounting standards that are taken into practice by many of the companies. The term IFRS is generally referred as “International Financial Reporting Standards” that is formulated to bring all business issues based on a platform of global identical language that helps to understand the company’ ...

English

The Bluest Eye by Toni Morrison is a novel which delves into the serious issue of discrimination on the basis of appearance and race. Delving deeply into this novel raises serious issues with respect to cleanliness, order and beauty (Baillie, 21). The author attacks the fundamental western ideas and ideologies with respect to racism by quoting the philosopher Count Joseph de Gobineau. In order to display the manner in which globalised doctrine on race has been accepted by Elihue Micah Whitcomb and her family, the author quotes “all civilizations derive from the white race, that none can exist without its ...

R. v. Williams

R. v. Williams In the case of R v Williams, the accused was an aboriginal who pleaded not guilty to a robbery charge filed against him and elected a trial by judge and jury. During the initial trial, the trial judge authorized the asking of questions to the potential jurors. However, the Crown filed for a mistrial on the ground of procedural errors and giving too much publicity and exposure on the jury selection process. At the second trial, the judge who heard the motion of the accused issued an unfavourable decision against him to challenge the jurors ...

Trading Issues and Basics of Forward and Future Contracts: DB2

Derivatives provide investors with the opportunity to create wealth in the future. Besides being very secure investments, these financial instruments provide investing firms with a good mechanism of hedging multiple currency transactions. Many companies are now embracing derivatives as one way of securing their future financial stability and strengthening the company’s hedging policy on currencies.

Difference between contango and backwardation markets

A contango market is one where prices of futures are set higher than the expected future prices. Therefore, the prices of futures in this kind of market decline gradually until they reach the expected price level just before the date of delivery. On the ...

- Introduction

1.1 Background developments

Traditionally, accounting standards have been developed by different countries on the basis of local legal, economical and cultural institutions frameworks (Elliott and Elliott, 2009, p. 158). As a result, the standard setting was very country specific. With the globalization process at work for the last 3-4 decades and increasing mobility of capital internationally accepted accounting standards have become necessary to facilitate cross border transactions and make financial reporting comparable between countries and companies thereby leading to a greater transparency for investors (Nobes, 2004). IASB has been set up as a private international standard setter with a mandate to create high quality accounting standards ...

Informed Consent: Informed Consent is the procedure in which a patient get all the information about his/her treatment regarding mental illness to either accept or refuse the treatment on voluntary choice. Further, patient has the ethical and legal right to know what is happening with her body and should be involved in every step of treatment in a healthcare (Simon & Shuman, 2007).

Components of Informed Consent: Essential target of informed consent is that the patient has a complete knowledge about her treatment and have the decision making ability. The components add to informed consent are procedure or decision, alternatives offered for ...

Differences between National and International NGOs -

A Case Study of the US, Bahrain and India (Author name) (Supervisor name)

References

1 Introduction Non-Governmental Organizations or NGOs have become influential actors of societal development and change on a national as well as international scale. Beginning as non-governmental consultants to the United Nations, the number of NGOs across the world has witnessed exponential growth since the 1980s. Although most people understand what an NGO is - the name itself makes it very clear that these are organizations that are not government run – there is little consensus on what may be described as key characteristics of an ...

Abstract

In the cyber age, the storage and retrieval of useful information is central to any organization, whether profit-oriented or nonprofit. Company processors store large volumes of raw data that need processing and classifying. Only useful data is worth retrieving. There is no better way to extract useful information from databases than by applying data mining that leaves unnecessary data untouched. The competitiveness of business environment necessitates the application of the most updates information retrieval techniques. Data mining may prove useful in market segmentation, fraud detection, customer churn, direct marketing, market basket analysis, interactive marketing, and trend analysis. The project ...

CHAPTER 1: INTRODUCTION

1.1 Background of Study This research will seek to perform an in depth study on implementation of total quality management (TQM) and the balanced scorecard by SME’s. The study will be interested in learning how small and medium enterprises are involved in the implementation of TQM and the balanced scorecard which are key components of the business management. In business total quality management refers to a management strategy that aims at maximizing the human resources and other available resources so as to accomplish the organizational objectives. Hence, it is of interest to know how SME’s implement this ...

Chapter 1:1. Define the State. 2. Define Power Power - is a capability to impose one`s will, to affect the activities and behavior of other people, even in contradiction to their resistance. Political power – is an ability of one individual or a group of individuals to control behavior of citizens and of society on the basis of state aims. 3. Distinguish Authority from Legitimacy Legitimacy – is consent of the people with power, when they voluntarily recognize its right to make binding decisions. Authority – is limited responsibilities and rights, formally granted to anyone in order to let ...

Introduction

Americans are finding it hard to reconcile the social justice notions with the fact that approximately 35 million people, most of whom are employees or dependents of some individuals who are employed lack basic medical insurance coverage. Government agencies, physicians, public and private medical sectors are finding it difficult or are straining to meet the high demand for medical care in the United States. People are not only losing their medical insurance covers, but vulnerable populations are expanding every day. The war against several health problems is challenged by poor access to health care. The health care problem has ...

Introductory section

- Does this material define the primary government? The document has defined the primary government in which the city operates under as the council manger form with six members who are elected for a four year term. - Does the introductory section discuss the government’s financial condition at the balance sheet date? The introduction briefly discusses the financial position of the government where it states that on a government wide basis, the city’s net assets grew by $19.6 million in that fiscal year which was generated by governmental activities it continues to state that the city’s combined ...

Accrual and cash basis differs in regard to recognition of revenue as well as expenses of a business. Cash basis recognizes income when cash is received. For example, when goods are sold at a profit the profit will be recognized when the buyer pays for the goods. Therefore, if a company uses cash basis of recording trasactions, when credit sales are made it is impossible to recognize any profit to be obtained from such sales till the time customer pays. In addition, cash basis requires expenses to be first paid then recorded. This means that any expense incurred and not immediately paid ...

Abstract

The paper is dedicated to the topic of Child Psychology, and especially to the issue of environmental aspects influence on the autism disorder. In order to choose this topic, a small exercise was conducted and various journals and bulletins reviewed. In order to perform concept mapping, the following stages were followed: planning, generation of statements, their structuring, statements’ representation, interpretation of maps and their utilization. In order to perform them in an objective way, a group of eight people was gathered so as to brainstorm ideas effectively and interpret them in the right way. In the research of the various causes ...

Debtors’ system

The debtors’ system will be the responsibility of the business accountant.

The debtors’ system will be used to develop debtors’ records at the end of each month.

The debtors’ system will be reviewed at the end of each month to ensure that the level of debtors is within the business allowable limits and to ensure that the risk of bad debts is minimized.

Cash book

The cash book will be the responsibility of the accounts clerk.

The cash book will be reconciled at the end of each working week and reconciliations with cash in hand and cash in bank made. ...

Investing in derivative market is a risky option. Derivatives refer to a financial instrument that derives its own value from the price of the underlying assets and are used for the hedging purposes. In theory, hedging should not cause any problems. Derivatives are risky investment and therefore it is highly advised that the organizations investing in the future derivatives market must invest carefully (Edward). The poor analysis of the derivatives results in the failure and causes much loss to the company investing in it (Krapels). In addition, the theory also supports that the organizations must not suffer loss by hedging in ...

INVESTMENT POLICY STATEMENT

INTRODUCTION The main purpose of this document of Investment Policy Statement is to define a business relationship leading to agreement between the investor John Nowak, the heir of Nowak’s Delaware Wooden Pallets and the advisors Investment Advisors Ltd. represented by James Tower. James Tower will in his function of financial adviser to John Nowak, be responsible for the updates to the Investment Policy, monitoring application and notification of the need for updates and violations in Policy implementations. Investment Advisors Ltd. represented by James Tower will act as a fiduciary in their capacity as advisers to the Tower Family and ...

Q1. How does the modified accrual basis of accounting differ from the accrual basis?

-The concept of Modified Accrual basis is more popular in the preparation of the financial statements of Government Agencies as those financial statements focus on the flow of current financial resources and if the available resources were allocated and used in conformity with the budgetary and other financial constraints. Under this accrual method, the government agencies use the combination of accrual accounting and cash basis accounting. Hence, under this accrual method of accounting, revenues that will not be collected in the time period so as to pay-off current period obligations, will not be included as part of revenue figures. ...

Business Assessment- Case Study

INTRODUCTION This case deals with the human resource aspect of Castle’s family restaurant. The family has eight restaurants in the northern California Region. These eight restaurants have around 300-340 employees. Most of the employees who work in these eight restaurants are hired on a part-time basis. Only 4 employees work on full time basis. Jay Morgan, who is the HR manager for Castle’s family restaurants, travels to each of these locations every week in order to handle functions such as scheduling, recruiting, hiring and answering queries for employees when needed. Apart from the HR functions, Jay Morgan ...

The cash flow statement provides information beyond what is shown in the income statement. Since the income statement is made on the accrual basis of accounting rather than cash basis, it will always differ from the cash flow statement. The cash flow statement provides the following information: - Information about the company’s cash cash receipts and cash payments during an accounting period - Information about the company’s operating, investing and financing cash flow activities - A transparent view of company’s performance as it provides an understanding of the impact’s of accrual accounting ...

Abstract

This paper is on the topic of Finance resourcing for a new venture. The first section of the paper will analyze the performance of the organization on the basis of which they are seeking funding. The second section of the paper will discuss the short term and long term funding options with reasons of their selection. The third section will determine the funding requirement and how to utilize the generated by the company. The final section will recommend solution for risk mitigation with strategies to overcome them.

Introduction

Funding or Finance resourcing is the most important element in perpetual existence of ...

Answer 1)

The company recognize the amount received from hotel, tour and transportation at the time services are provided to the customers. Various sources of revenue for the company and their respective classification is as follows: - Amount deposited by the customers on account of cruise deposits represents unearned revenue which are the then classified as cruise revenues along with revenue earned from onboard activities . These revenues are recognized on completed voyage or pro rata basis. - Further, the revenue earned from sales to guests of air and other transportation to and from the ships is recorded in cruise ...

Management Systems Analysis

INTRODUCTION Operation management has gained immense importance in the management science since recent past. It leads to exploitation of the organizational resources and capabilities to optimum level. In the competitive environment posed to business, organizations are required to develop the systems all across functions and divisions that are able to maximize the potential and contribute towards organizational goal. In similar context, the aim of this report is to propose a plan which will improve the operations management of the organization. The organization selected for this review is Sony Corporation. On identifying the operational issues and suggestions are proposed for ...

Literature Review: Early Childhood Education

Literature Review: Early Childhood Education

Introduction

Early childhood education is an important pillar in the education system but is often ignored in terms of formulation of robust policies and curriculum to guide it. The formative years in early childhood education should provide a basis for more advanced study in primary school, high school, colleges and university level. To gain a better understanding of early childhood education, one must evaluate pertinent issues regarding curriculum and other aspects of this sector. In this essay, two articles are reviewed in light of early childhood education. This articles are drawn from the book, The Curriculum Studies ...

Abstract

The process of recruitment, placement and promotions at workplace has for several occasions received negative accusations for practicing the act of discrimination and favoring some employees. Other potential employees have complained of being asked by their employers to perform certain favors in order to be recruited or promoted to a certain rank and this has prompted too many people from achieving their career goals on basis of their academics merits. This has prompted amendment of several bills and laws that prohibit any employer from exercising favors and discriminating actual and potential employees in the process of hiring and providing salaries ...

1. Executive Summary

Recently, the Hong Kong’s population is characterized by a large and growing segment of young and affluent consumers as they have plenty of disposable income to spend on alcohol beverages. With the widespread westernized drinking habits by the young and affluent Hong Kong population, the demand for beer is expected to rise steadily. Furthermore, the established social scene in Hong Kong is characterized by restaurants, pubs, night clubs and other social gathering venues, which constitutes an ideal starting point for the international brands looking to enter a new market. Thus, the Hong Kong beer market is extremely ...

Introduction: Accrual and Cash basis of accounting are the two methods of making a record of the business transactions in the organization’s records. According to Rich, Jones, Mowen & Hansen (2012) “Under Cash basis accounting, revenues and expenses are recorded when cash is received or paid regardless of when the revenues are earned or the expenses are incurred. Accrual basis accounting; links income measurement, to the selling activities of a company by recognizing revenues and expenses when they occur” (p. 135). The accrual basis of accounting adheres to the revenue recognition and expense recognition principle as laid down by the ...

Introduction

The success of this project is dependent upon getting the appropriate engineering proficiency. The selection of the most competent engineers for the project is the only surety for economical, well designed and planned project that in the end is successful.

The apex of the triangle is the start of the project lifecycle. It also represents small costs. The first triangle represents engineering. It represents 1-3%. The second section of the triangle represents construction 6-19%. The last part of the triangle represents the operations and maintenance 80-94%. It is also the base, the end of the project lifecycle. It also ...

The present literature aims to review a few articles that study the economic development in the Western Europe in terms of factors such as achievement of Million Development Goals, the growth of Gross National Income, Education and Health, Financial resources and population growth. The idea is to acquire an idea of the status, progress and prospects of the economic development in the Western Europe. For the purpose, numerous literatures were reviewed such as articles, government reports and reports prepared by the United Nations Economic Commission for Europe that concentrated on the different factors as listed above. While some literature ...

Introduction

Charities and companies have different reporting requirements. The reporting requirements for charities depend on whether they are registered as companies or not and the annual earnings of the organisation. Companies have more legal requirements on the preparation of the financial statements especially the companies that are trading in the stock exchange. There are guidelines and principles that have to be adhered to in the preparation of the financial statements. There are differences between the reporting requirements of companies and charities when it comes to the format of the income statements and the auditing requirements.

Mitigating Risk in Advance Payments

The charity organization is concerned ...

Introduction

As a result of globalization and increased capacity of many organizations, there is much diversity in the work place where people from different educational backgrounds, race, age groups, abilities, genders, among others work together with common objectives in one organization. Employers are therefore required to create a working environment that is free from any form of discrimination and based on equality (Siddiquee & Faroqi, 2010).1 Employers can demonstrate this principle by ensuring that all people can access development opportunities in their organization irrespective of their differences in backgrounds and giving disabled or disadvantaged people an equal chance to grow in ...

Pro forma Income Statement.

All projects are profitable since the profit after tax is positive. On the basis of the Pro forma Income Statement, I would recommend Blue Company to acquire Green Company since it offers a higher total Profit after Tax of $347,763.11 for the five years compared to $337,996.78 of Yellow Company.

Projected Cash flow Statement.

Both investments in Green Company and Yellow Company are profitable since they both have positive Net cash flows. On the basis of the projected cash flow Statements, I would recommend Blue Company to acquire Green Company since it offers a higher net cash flow of $147763.11 for the five ...

UPSE v. Dept. of Health & ors. 2010 PESC 29

The Prince Edward Island Union of Public Sector Employees (UPSE) sought to make a claim of gender discrimination against the Prince Edward Island Department of Health on the basis that they advertised jobs and specifically stated that applicants must be male only. The Board of Arbitration found that this specification was, in context, understandable as the roles were for people who collect urine samples from men in which they are required to stand behind the subjects during the sample being given. The Board ruled that the ‘men only’ specification was to preserve the dignity of the male sample givers. However, ...

UPSE v. Dept. of Health & ors. 2010 PESC 29

The Prince Edward Island Union of Public Sector Employees (UPSE) sought to make a claim of gender discrimination against the Prince Edward Island Department of Health on the basis that they advertised jobs and specifically stated that applicants must be male only. The Board of Arbitration found that this specification was, in context, understandable as the roles were for people who collect urine samples from men in which they are required to stand behind the subjects during the sample being given. The Board ruled that the ‘men only’ specification was to preserve the dignity of the male sample givers. However, ...

Introduction

Roberts (2003, p.89) argued that performance appraisal is a controversial management tool that provides answers to problems within the system design and administration of organizations. Majority of the organisations have adopted appraisal systems to enable it gauge employee performance in trying to boost morale, and reward them accordingly. However, despite the importance and popularity of the performance appraisal in organisations, its implementation and effectiveness have been controversial (Liu and Dong, 2012, pp. 150). In fact, some studies revealed that there are many performance appraisal systems that have completely failed to motivate employees to do a better job (Oh and Lewis, 2009, ...

How to Use GMM to compare performance of the input model with a capital-only model

According to Hou, Xue and Zhong (2015), the Q Theory is used in the testing of predictions that are attributed to the cross-sectional distribution of stock returns within financial markets. Consequently, the expected return of assets is described primarily by their sensitivity based on the excess of the risk free rate expressed in terms of several factors. These factors are the return on equity which is also referred to as a probability factor, an investment factor as well as a size factor. Consequently, the Q Factor model has been consistently outperformed the Fama and French Model both its terms of its ...

- My achievements to date as head of academic department of law in a college.

It has never been easy to bring about a change in any organization. I have always learnt that change does happen in every organization, but to implement the change, it is always a challenge for any able leader or administrator of that organization. I would like to share some of the achievements that have come through this change in the organization, or rather a college, where I have been the head of the department of law. I would first like to highlight the achievements and then discuss ...

Introduction

My personal epistemology or theory of knowledge is dependent on my realistic understanding of the world. I have come to know reality because of my inherent ability to perceive and interpret my environment. Through my senses and rationality, I know what it is like to know what I do know, despite the fact that I have my limitations. Given my knowledge to distinguish my internal and external worlds, I have realized that there is more than just knowledge, which is above itself. I will refer to here are second-order or meta-knowledge.

Commonly Asked Epistemic Questions

Before delving farther into the critical parts of ...

The cost which the organization incurs the production and acquisition of products and services which it intends to sell is very important. The pricing strategy of the organization is significantly affected by costs. Therefore, costs designed to tackle the challenges of the economic and the noneconomic factors very efficiently. The objective of the costing models is to categorize the factors of the marketing objectives of the company and the mission of the company (Gitman, 2003).

Accurately determination of cost is important in organization to remain profitable. Costing does not only require including direct and indirect cost associated with business ...

SWOT Analysis

Strengths Microsoft has the 90 percent market share in the operating system industry and there are more than 1.2 billion users. Microsoft also holds significant market share in the productivity software industry as they have a large number of loyal enterprise customers. Microsoft has a strong brand reputation and loyalty as customers are unwilling to leave their services for competition. The organization also has well-developed channels of distribution that helps them to reach their present and potential customers (Sun, 2015).

Weaknesses

Microsoft remains overexposed due to their dependence on the Personal Computer market. In coming years, the market growth of PCs is ...

As debates continues concerning gun laws and the amount of violence in the United States, many citizens have voiced increasing concerns about personal safety and the amount of force that is considered to be justifiable when faced with threats of violence or death. As a result, Stand Your Ground laws have been enacted in many states to establish the legal boundaries the rights afforded to individuals to protect themselves from imminent threats. The legalities provided by the Stand Your Ground laws gives pause to reflect on are laws of this nature necessary in this ever-changing world or do these laws ...

While both Kant and Hobbes offer their theories on morality, interestingly, the two theories are quite opposed and contrasting. The disparity can perhaps be explained by differences in their theses. Kant’s theory is based on the rationalistic model, while Hobbes prefers an empirical approach. Nevertheless, a common theme in their approaches is that both of them adopt a subjective point of view. In other words, they prefer a person centered or subjective approach on the issue of morality. The following discussion will compare the approaches of two thinkers on the issue of morality and will also highlight the differences between them. ...