Essays on Equivalents

Procter & Gamble is a Multinational consumer goods company which was incorporated in 1905 in Ohio, United States. It manufactures several consumer products and offers around 65 different brands under several product categories such as “Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care” (The Procter & Gamble Company, 2016). The company sells its products in almost 200 countries and conducts on-the-ground operations in almost 100 countries.

Balance sheet

P&G follows generally accepted accounting principles applicable in the Unites States for presentation and preparation of its financial statements. Much like other publically traded companies, P&G also electronically files its annual, ...

Introduction

Systems of writing have been cited as one of the earliest and greatest inventions of human beings. Kanji is a broad term used to refer to logographic characters widely used in the Japanese writing system. In Japanese, Kanji simply means “Han Characters.” Kanji is therefore inherently Chinese which was adopted by the Japanese due to their close interactions in trade in the early years dating back to around 57AD (Rodgers 25). As a result, therefore, some modifications and alterations have been done on the initial Japanese Kanji to fit it into the Japanese language. Japanese Kanji has undergone tremendous ...

Financial Statement Analysis

Introduction and overview: The Apple Inc. is one of the leading companies in the production of smart phones and other latest hardware appliances. The main products of the Apple Inc. are Iphones, laptops, tablets and other small appliances. The Apple Inc. is listed on the major stock exchanges and they have a number of stores all over the world that are providing the best customer relation and increasing the sales. The Apple Inc. is performing business in the technology field and their main competitors are Samsung, HTC, Intel and Motorola. ("AAPL Income Statement | Balance Sheet | Cash Flow | Apple Inc. ...

Value Chain

The objective of analyzing Monster’s value chain is to make a product that will become popular to its customers, which includes not only the production segment but also marketing and distribution (Horngren and Data, 2015). This is because products will eventually need to be discontinued due to changing customer preferences and product innovation from competitors. This means that the company’s core operations and its products must continuously evolve and this could be done using the value chain analysis tool. For an energy drink company like Monster, one of its main goals is to continuously adapt to the ...

Description of the company

Woodside is an Australian gas and oil company that explores, develops, produces and supplies oil and gas. The company is composed of a portfolio of world-class producing assets, projects and develops in Australia and globally. The company has maintained a strong performance despite the challenges. In December 2015, oil prices reached an 11-year low. The Chairman’s report shows that he is optimistic. The proposed Browse Floating LNG (FLNG) is expected to improve the company’s income. Despite the falling oil prices, the company is confident of a sustainable growth and high returns on shareholders’ investment. It has taken ...

Ray WA, Chung CP, Murray KT, Hall K, Stein C. Prescription of Long-Acting Opioids and Mortality in Patients With Chronic Noncancer Pain. JAMA. 2016;315(22):2415-2423. doi:10.1001/jama.2016.7789.

Prescription of Long-Acting Opioids and Mortality in Patients With Chronic Noncancer Pain Wayne A. Ray, PhD1; Cecilia P. Chung, MD, MPH2; Katherine T. Murray, MD2,3; Kathi Hall, BS1; C. Michael Stein, MB, ChB2,3 [+] Author Affiliations JAMA. 2016;315(22):2415-2423. doi:10.1001/jama.2016.7789.

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Abstract ABSTRACT | INTRODUCTION | METHODS | RESULTS | DISCUSSION | CONCLUSIONS | ARTICLE INFORMATION | REFERENCES Importance  Long-acting opioids increase the risk of unintentional overdose deaths but also may increase ...

Ford Motor Company is one of the leading automakers that is based in the USA. The company was founded by Henry Ford. Henry Ford made his first automobile in 1896 using four bicycle wheels and a four-horsepower. The gearbox of the car has only two gears; both forward gears and no reverse gear. He horned his skills for making vehicles over the years. In 1901, he developed a 26-horsepower racecar that become victorious. After that, he decided to develop his own automobile company in 1903. Ford Motors was incorporated in 1903 with only 12 shareholders who had 1,000 ...

1.0 Abstract Stakeholders are of central importance to every business organization. The success of any business hinges on the relationship that it has with its stakeholders. Disclosure of quality financial reports is significant for the capacity of business organizations to build confidence with their key stakeholders. Corporate governance and the audit quality have attracted the interest of researchers to determine how they impact stakeholders. Additionally, the implementation of IFRS (International Financial Reporting Standards) has impacted the direction of business organizations especially with regards to corporate governance. The question of whether the quality and extent of disclosure of financial information ...

In the current century, the accounting and finance field have witnessed increased efforts to converge accounting standards to globally accepted universal standards. The fact owes to the dire need of increasing comparability of the financial statements of different firms in the various countries. Undoubtedly, there exist key areas of departure in different accounting standards applied in different countries. Of more interest, is the difference that exists between the two dominant accounting systems used by various corporations around the globe. That is the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS). It is, however, worth ...

Introduction

There are various types of financial instruments including equities, treasury bills, bonds, mutual funds, deposits and cash equivalents. Equities refers to securities that represent ownership in a company and are traded (can be sold and be bought) in the stock markets. They can also be purchased through IPOs; meaning directly buying from a company. Investments in this category are normally considered long term option and have higher returns considering their long term horizon. However, the instrument lo bears high risk. On the other hand, the mutual funds allow groups of investors pool together money that is then professionally managed ...

INTRODUCTION

With the intent to evaluate the financial As an established manufacturer of a line of fully-integrated wireless communication products serving an international market, New Technology Incorporated (NTI) is looking to start a partnership with outside entities for a long-term software security venture. After a competitive technical product evaluation, it has been determined that MicroStrategy, Inc. (MicroStrategy), a Virginia based corporation, represents the best potential candidate for this venture. This analysis will review the income statement trends, balance sheet trends, cash flow trends, and three key financial ratio trends for the years of 2013 – 2015 to determine if this merger ...

Comparison of the Performance for Vodafone Group Plc. and BT Group Plc. Comparison of the Performance for Vodafone Group Plc. and BT Group Plc.

Introduction

The objective/aim of the current paper is to evaluate the performance of two competing telecommunication companies in the United Kingdom. Vodafone Group Plc. and BT Group Plc. are the companies selected for the comparison. Both the companies are rivals to each other in the United Kingdom and are considered as two of the top enterprises in the technology sector. Ratio analysis and financial highlights from the annual report of 2015 are the basis of the ...

The creation of cash flow statement was done by the FASB so that the stakeholders of the business including creditors, owners, and managers can receive a higher amount of information about the receipts and expenditures of cash. Though there is the provision of showing the cash balances in the balance sheet at the end of every period, there is no further information given on the balance sheet, statement of owner’s equity or income statement. The creation of a cash flow statement solves this problem without fail. The basic purpose of a cash flow statement is the provision of ...

Tuatha De Danann

According to legend the Tuatha De Danann were the rulers of Ireland’s fifth age. They consisted of two groups. The gods and the humans. The humans worked the land, while the gods were the artisans. When they arrived they burnt their ships to represent their determination in staying in their new land. They defeated the Fir Bolgs, who were the rulers during Ireland’s fourth age. Nuada king of the Tuatha lost his arm in the battle and had to give up his power. This is because they believed that a person could not be king unless he ...

Insitution

Cash flow statement complements the balance sheet as well as the profit and loss account. The balance sheet reflects the company's financial position at a particular time (e.g. the end of the accounting period), and cash flow statement explains changes that have occurred with one of the components of the financial statements - in cash - from one balance sheet date to another (Dambolena & Shulman, 1988). Balance is one of the main elements of the financial and management accounts. Depending on the destination and type of company, balance sheet structure can vary significantly (Spurga, 2004). However, its structure always ...