Wednesday, February 19, 2020

Ted Talk Reflection Report Essay Example | Topics and Well Written Essays - 500 words

Ted Talk Reflection Report - Essay Example I must say that the research process turned out to be quiet easy for me in the sense that I had to write about my father’s professional success and how he used the social media, which was in a very nascent stage in his times, to promote and expand his business. Yet, I was required to maintain a measure of detachment while culling out the traits that highlighted my father’s professional success, and to seek a theory of success that imbibed those characteristics and traits. I used a colorful and simple visual selection to make my paper more interesting, thought provoking and self explanatory. The objective of my essay is to bring to fore the essential human qualities, which when combined with the technical possibilities, give way to success and fulfillment. The management gurus and motivational speakers do not happen to be the only custodians of timeless qualities and abilities that promote human happiness. Families and communities also have been the traditional sources of ethics and excellence, which if approached and analyzed in a theoretical framework, can work wonders for the world. The Action Plan from the Doc Spec made the things for me less unwieldy, structured and organized. I must say that I don’t have much experience with essay writing in English. So the Doc Spec facilitated a manageable framework within which I was able to research and brainstorm the topic selected by me. To put it simply, it considerably curtailed the wastage of time, efforts and resources. It allowed me to construct and then build on the topic in a systematic and methodical manner Going through the papers drafted by others allowed me a clear and concise perspective as to what I was expected to do and how I should go about doing it. I more than often focused on the format and style of others to shape and organize my work. It also extended to me a fair idea as to what sources I need to research and how to access those sources. Besides it

Tuesday, February 4, 2020

Financial Reporting and Analysis Essay Example | Topics and Well Written Essays - 1000 words

Financial Reporting and Analysis - Essay Example NBA franchise and other intangible assets have a value of $164,703 $164702 and $165 035 in years 1996, 1997, and 1998 respectively. This shows that the method of amortisation reflect the pattern of the usage of assets in generation of income. NBA intangible assets are defined in cost less amortisation that has accumulated. Straight line method spread over the useful estimated lives of the intangible assets which is generally 3-7 years provides the amortisation. b) Discontinued operations are referred to as parts of an entity that has been sold or has been put into held for sale grouping. While evaluating the future success prospects of an organization, an investor who has existed or a potential investor who will invest in future would remove the discontinued operations from consideration because these items have no bearing or effects on the future. The concern of the management is that some operations are discontinued to improve the results of the continuing operations. The operation s and cash flows of the part has been removed from the ongoing operations and the entity will not have a significant involvement in the operations of the discontinued part after the transaction of disposal is made. c) Team costs and expenses increased between 1996 and 1997 from $27,891,264 to $40,941,156. This is because of after discontinuing some operations, it would require a major effort to re-establish the operation and requires significant effort and budget to continue the operations as before. This may need extra marketing, extra staffing. There can be a possibility of increase in the cost of living between the two years which would subsequently raise the amount of team costs and expenses. d) Net income was $420,306 and $12,267,317 in year 1997 and 1998 respectively. This was a hefty rise in the value of income. This is because of higher revenue that was gained. Higher revenue resulted from ticket sales and also from Television and radio broadcasting fees in 2008. By constant winning of games, heavy promotion and advertisement through the television and broadcast and also through reaching a wide fan base by selling many tickets resulted to the higher income. Through maintaining lower expenses such as team costs and expenses, selling and promotion, general and administrative in the year 1998 resulted to an increase in net income. e) Noting that net income was higher in 1996, distributions declared were higher in 1998 than in 1996, with $0.50 per unit. Distributions are that portion of corporate profits that is made by a corporation to its shareholders. Net income can either be re-invested in the business or distributed to stockholders. In 1996, the main source of the net income was from the discontinued operations income. This income was better invested back to the business instead of distributing it to the shareholders. This would help avoid double taxation and be realised as capital gains. Case 10-7 Cash movements and Periodic Income Determination a) I ncome determination is not an exact science. It is the best estimate of determination of what will be the base of individuals’ income on the evidence the individual presents. The base period can be the month for which revenue verification and identification of an individual is a requirement. Month’s income is used for the projection of income. Income averaged and a conversion factor can be used to reach at a quantifiable monthly income. b) Cash flow estimation is the prediction whose main purpose is the anticipation of the disbursements and receipts of cash. It is a fixed amount of time that it covers. Cash sensitivity and aggressiveness determines the penetration