Obesity The United States Of America Essay - 958 Words

I have been naà ¯ve to an epidemic that has been plaguing America for quite some time now. It wasn’t talked about or taught much when I was younger. I thought that this disease was for the geriatric population. In 2012, 29.1 million Americans were diagnosed with diabetes. 8.1 million went undiagnosed. (diabetes.org) Diabetes is a dilemma and the statistics for this disease is rising steadily. Per the diabetes association there are 1.4 million of new cases of diabetes a year. Diabetes is the 7th leading cause of death in the united states of America. Diabetes is not affecting only one group of people. Diabetes.org states that 208,000 Americans under the age of 20 have been diagnosed with diabetes. In 2014 I started a new job at a call center. Prior to this occupation I had never personally, that I knew of interacted closely with anyone suffering from this disease. I had never heard of the younger population developing this illness and I certainly never heard any first-hand acc ounts on how diabetes affected the body. I discovered just how prevalent diabetes were in young adults. I watched people between the ages of 20-27 be afflicted by this disease. They had to constantly watch their diet to ensure that their blood glucose wasn’t either too high or too low. I watched a 20-year-old female be in and out of the hospital because of this disease. I hope to inform this reader of the dangers of this disease and what to do to prevent it. I have talked a lot about diabetes and I amShow MoreRelatedObesity And The United State Of America897 Words   |  4 PagesObesity in United State of America. One can imagine how obesity is taking over the world s population, so rapidly and it is obvious that the United States of America has high rates of Obesity. 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AfterRead MoreObesity Epidemic Of The United States Essay1269 Words   |  6 PagesRecent Obesity Outbreak in America Obesity has rapidly emerged as a serious health issue in America. The cause of obesity results from America’s social injustices. Today, food advertisements are in all places promoting an unhealthy lifestyle. Considering the great expense of healthy foods, low income families can barely afford fruits and vegetables. These two factors contribute to the increasing obesity rate in the United States. Unfortunately, it has taken an excessive amount of Americans to becomeRead MoreEssay on Obesity in America1221 Words   |  5 Pages Obesity in the United States continues growing alarmingly. Approximately 66 % of adults and 33 % of children and teenagers in the US are overweight. Obesity is the result of fat accumulated over time due to the lack of a balanced diet and exercise. 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Reflections Teaching Financial Statement †Myassignmenthelp.Com

Question: Discuss About The Reflections Teaching Financial Statement? Answer: Introducation Billabong International Limited deals in retailing and wholesale of surf, sports apparel, snow, skate, hardware, accessories and trademark licensing of the company for specifying the worlds region. The segment of the company involves Americas, Asia Pacific, Europe and the rest part of the world. However, the primary business of the company is the clothing business and it carries out the activities of suitable distribution, marketing under retailing as well as whole selling of the garments, swimsuits, hard goods, eyewear and various other products (Billabongbiz.com 2017). Industry overview Billabong works in the garments business in Australia with extraordinary introduction to the surf business. The operations incorporate wholesaling and retailing of items, for example, surf, predominant quality skate, both snow and games clothing alongside embellishments and equipment. Examination of the business in which Billabong works uncovers that there is solid rivalry in the overall surf skate and also the garments (Billabongbiz.com 2017). The business evaluation of Billabong uncovers that the organization gets supports from the government. National strategies assisted country building, production of work, industrialisation, continuous governments set approaches of exchange to guard local apparel and also materials. The easy-going way of life in Australia and reasonable atmosphere guides Australians to use less on especially dress than people in generally similar to Western markets. During the year 2005 and 2006, turnover from the retail business in especially 'Apparel Retail' stores was approximated to be AUD 10.1 billion, suggesting expansion of garments deals in Department stores. Ratio analysis Calculation of ratio Ratio 2016 ($000) 2015 ($000) Industry Average Current Ratio Current Assets 464,454 523,753 Current Liabilities 197,932 236,768 2.35 2.21 2 Debt to Equity Ratio Debt 185,206 113,521 Equity 259,289 281,584 0.71 0.40 1 Gross Profit Margin Gross Profit -23,739 2,552 Total Sales 1,103,535 1,056,130 -2.15 0.24 60% Inventory Turnover Cost of Goods Sold 542,373 495,308 Average Inventory 185,556 187,125 2.92 2.65 4 times Trade Receivable Turnover Net Credit Sales 1,103,535 1,056,130 Average Accounts Receivable 171,644 164,504 6.43 6.42 6 times Analysis of companys performance through the ratios The current ratio states whether the company is able to pay off their short term obligation efficiently. It further states whether the company is efficiently using its working capital or not. It can be identified from the above calculation that the current ratio of the company for the year ended 2015 was 2.21 and that for the year ended 2016 was 2.35 and both the years current ratio was better as compared to the industry average of 2. However, it indicates that the company may not be using their working capital efficiently (William, Glover and Prawitt 2016). If the debt equity ratio of the company is considered, it can be recognized that for both the years the debt equity ratio of the company is lower than the industry average of 1 and for 2015 the ratio was 0.40 and for the year 2016 it was 0.71. Therefore, the ratio is indicating that the risk of raising finance through debt as compared to equity is increasing. It will expose the company with the risk of interest payment (Richard 2014). Gross profit margin ratio indicates the profitability ratio and it compares the gross profit of the company with regard to the net sales of the company. To be more specific, it is the mark-up percentage on the products and services from the cost. While considering the gross profit margin of the company, it is identified that gross profit margin of the company is significantly lower as compared to the industry average. Further, the company was not able to generate a positive margin during the year ended 2016. Therefore, the ratio indicating that the company is exposed to the profitability risk. There is further indication that the company I losing the sales on different products which is not a desirable condition for any business. The inventory turnover ratio is the efficiency ratio and it indicated the efficiency of the company regarding the management of its inventory. This reveals how efficiently the companys turnover is sold or turned during the specific period. This ratio is crucial as it considers two major item regarding performance. The 1st one is the purchase of stock and the 2nd one is the sales. If the stock is purchased at higher level, the company is to sell more to achieve the required turnover ratio. While the inventory turnover of the company is taken into consideration, it is identified that the inventory turnover ratio of the company for 2015 is 2.65 and for 2016 is 2.92 and for both the year the ratio is lower as compared to the industry average of 4. It indicates that the company is not efficient in managing their inventory. Account receivable turnover ratio is the efficiency ratio that computes the time for which the business is turning the receivable into cash during the particular period. This ratio measures the times for which the business can collect the average accounts receivable for the period under consideration. While considering the turnover with regard to trade receivable, it is identified that the turnover is better as compared to the industry average. Whereas the companys receivable turnover r is 6.42 and 6.43 respectively for 2015 and 2016, the industry average is 6 times. Areas of audit risk or business risk for the company The risk management approach of the company states that the company is not risk averse. Apart from this, the management is concerned about identification, management and discussion regarding the risk. Identified risks with regard to the company is as follows Translation Risk it is inferable from a significant portion of the groups operations that is outside the range of Australia, the group is fundamentally presented to certain money conversion standard risk. For this situation, this risk happens when the income related to offshore of the whole group and variances of advantage/assets are pronounced in Australian dollars. The section data of the group for the earlier period is essentially displayed on a steady cash basis using the present time frame normal trade rates on a month to month basis to change the past periods foreign earning. This is basically attempted to expel the impact of foreign trade activities from the execution of the whole group. Risk related to audit - audit risk of the firm basically happens due to inaccuracy in the financial statement opinion. The evaluators of the firm may neglect to recognize the risk of debt obligation. Failure on the part of the firm to act as per the association's money related contracts made by an extensive reduction in income or else profit or material adjustments in the AUD against USD swapping scale may require the organization to look for changes, waivers of pledge recognition or substitute getting courses of action (Arens et al. 2014). Company's assessment issues this may results into the operational risk with regard to tax in every country. This may have unfavourable effect by adjustments in both financial or else administrative summon, differences in clarification of the neighbourhood assess controls of those countries, and changes to introduce political, legal or else managerial techniques identified with charge. Proficient accountant of the firm may neglect to comprehend the expense undertakings and this may prompt material error (Houghton and Campbell 2013). Failure to recognition of social risk - Management of the company additionally neglects to distinguish the social dangers encompassing the matter of the firm and consolidate the impacts of social dangers in the financial declarations of the partnership. The organization sources particular merchandise that are made in countries, for example, China in which there remain dangers rotating wellbeing of working environment, support of wellbeing and security benchmarks. Material risk material risks are able to influence the entire financial aspects of the company. various material risks that have an impact on the company are as follows Social risk: the company is associated with the risks like safety and health standards and workplace related risks. Further, the accounting experts may not be able to focus strongly on these types of risks in the audit report as they are too concerned about finance matters. Competition: the company faces strong competition that has an impact on the earnings of the company. Further, the strategies and performance of the competitors has an adverse impact on the company. For example, if the competitor sells their product at lower price or introduce new product lines or paying more to the employees, manufacturing and develops alternative supply channels it will significantly hamper the business of Billabong (Entwistle 2015). Risk related to fashion: the risk associated with the fashion is that the company will fail to develop innovative and unique designs for apparels or the company will not be able to deliver the product as per the customer requirement. Risk related to brand: this risk will expose the company with the risk that will have a impact on the brand as a whole. For instance, the company minimized these risks through maintaining various customers data, making innovation in the product and managing the brand (Dalnial et al. 2014). Macro-economic environmental risk: this risk have an impact on the financial performance of the company as the various aspects under this risk takes into consideration the inflation rate, interest rate, foreign exchange rate, capital market situation and others. Further, the monetary as well as fiscal policies, governmental policies, investors sensitivity and the product pricing may affect the entire financial status of the company. Material misstatement Contingent upon figurings of major financial ratios, it can be therefore said that the organization confronts higher debt risks and it is evidential from the fact that the company has a higher level of debt equity ratio. Apart from that The organization confronts low income (negative profit) reflecting dangers of operations. For this situation, the risk may be identified with failures on the part of the accounting expert of the firm to recognize the dangers of various small scale and full scale financial elements reflected through the decrease in the profit and asset The major risk aspects identified with material error incorporate the debt obligation. Consequences of investigation of money related affirmations of the firm demonstrate that there is parcel of weight to do obligation financing (There is prerequisite to have obligation value proportion to be under 1 and it is seem to be under 1. The necessity may prompt withdrawal of advance that thus can have an aggressive impact on business activities (Cohen and Simnett 2014). Again, the current ratio is more noteworthy as compared to the industry average of 2. In this manner, there exists a likelihood that it indicates that the company may not be using their working capital efficiently and that led at the level of 2 or above (Arens et al. 2015). The inventory turn of the organization is additionally lower than the business standard reflecting lower ability of the partnership to transform inventories into money. The expert bookkeepers additionally may control the stock of the firm that can prompt unsafe practice. Along these lines, there exists likelihood that the stock of the firm may be changed by uncovering included stock amid the time of entry. There is additionally enhancement of the financial risk of the enterprise as is clear from the related risks that should be broke down in an offered to evaluate whether the confirmation are given in the monetary proclamations. References Arens, A.A., Best, P., Shailer, G., Fiedler, B., Elder, R.J. and Beasley, M., 2015.Auditing and assurance services in Australia: an integrated approach. Pearson Education Australia. Billabongbiz.com. 2017.Billabong Biz : Behind the Brand - Investors - Investors Home. [online] Available at: https://www.billabongbiz.com [Accessed 15 Sep. 2017]. Cohen, J.R. and Simnett, R., 2014. CSR and assurance services: A research agenda.Auditing: A Journal of Practice Theory,34(1), pp.59-74. Dalnial, H., Kamaluddin, A., Sanusi, Z.M. and Khairuddin, K.S., 2014. Detecting fraudulent financial reporting through financial statement analysis.Journal of Advanced Management Science Vol,2(1). Entwistle, G., 2015. Reflections on Teaching Financial Statement Analysis.Accounting Education,24(6), pp.555-558. Houghton, K. and Campbell, T., 2013.Ethics and auditing(p. 354). ANU Press. Richard, P., 2014. The Role of the Accounting Rate of Return in Financial Statement Analysis.The Continuing Debate Over Depreciation, Capital and Income (RLE Accounting),67(2), p.235. William Jr, M., Glover, S. and Prawitt, D., 2016.Auditing and assurance services: A systematic approach. McGraw-Hill Education.

Global Warming Satire Essay Sample Essay Example

Global Warming Satire Essay Sample Paper All you hear these days on the topic of global warming is how bad it is and how we need to unite as a collective people and save our planet. Well I’ve taken a step back from the whole thing and thought about it quite seriously, and I’m here to tell you people, it’s time to put your fears and despairs about global warming to rest once and for all because honestly, global warming isn’t such a bad thing. The first reason why global warming is a good thing would be that the environment is getting hotter, followed by the ocean levels rising, and the amount of carbon dioxide increasing. You may be completely befuddled right now as to how this is a good thing at all but don’t worry, I’ll explain everything. The first reason global warming is a good thing is that as the world warms up, people won’t have to turn their furnaces on to heat their houses as much. There are many ways that this is beneficial to people living in this world these days. Not only will this save homeowners and businesses money, we will also be using less natural gas that can be saved for other things such as making fertilizer, and fuel for cars. Also, power plants will not have to produce as much electricity due to the fact that again, we won’t be using our furnaces to heat our houses nearly as much. This will also reduce the number of fossil fuels used by power plants that produce electricity. We will write a custom essay sample on Global Warming Satire Essay Sample specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Global Warming Satire Essay Sample specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Global Warming Satire Essay Sample specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Another reason this is a good thing is that with the temperatures on the rise the icebergs and polar ice caps will be melting. For those of you out there saying, Robbie! This is a terrible thing! Let me help you understand why this is so miraculous. For one, the coastline will go inland a couple hundred miles giving people who have property along the new coast an increase in property value due to their property now being right on the beach front, not to mention the amazing view that comes with the beachfront house. Also, fruits that grow close to the coastline such as citrus fruits would flourish close to the new coastline, which in turn would allow us to grow more of the exotic fruits such as oranges in more places, thus saving us money on shipping them in from other countries or across the United States. Now fruits are good on the local level, but what about the global level? What does it do for us there? Well, besides giving more people around the world beachfront property, with n o more icebergs or polar ice caps, naval passage will be much easier due to the fact that captains will not have to worry about running into any icebergs and recreating another Titanic experience. That alone sounds pretty nice to me, but just in case you’re not quite sold on it. Over-sea shipments and cruises will not take as long because the ships would not have to plan around and avoid icebergs thus for saving us even more money on a global level. Now onto my final reason as to why global warming is so great. One of the pieces of global warming that people fear the most is the fact that the atmosphere is heating up which makes the carbon dioxide levels in the air increase. I can’t help but see how this is a good thing though because, with the rise in carbon dioxide levels in the air, plant growth will also increase. Since plant growth will be on the rise, the price of fruits and vegetables will decrease yet again saving us money on a global level, and also be producing enough food to help end world hunger. Another thing that would happen due to the rise in plant growth would be the increase in jobs that it creates. Places like plant nurseries and flower shops would need more people to take care of the rise in plant growth, and landscaping and tree removal businesses would boom because with the more readily available plant stocks people are probably going to want to spiffy up their properties. Also on the matter of yard care, you know that guy down the street from you that has that perfect lawn that everybody on your block is jealous of year round? Well, now it’s time to fight back. Because of the increased levels of CO2, everybody’s yard will flourish and look extravagant, relieving the stress of having to worry about how your yard looks, removing the bragging rights of that guy down the street, and giving you more self-esteem because your yard makes you look like a pro. Global warming should be looked upon as a blessing rather than a burden, and it’s time for humankind to stop degrading global warming and start praising it. With everybody’s standard of living improving around the world, property values increasing, plant growth increasing, food prices decreasing, and world hunger finally on the decline, who wouldn’t want global warming? Kind of makes you wonder what hidden and secretive governmental goal they are trying to accomplish by uniting the world in the fight against global warming doesn’t it. Maybe they’re trying to achieve a one world government, maybe they’re trying to steal more of your money by making you buy â€Å"eco-friendly† products, or maybe, just MAYBE, everybody in the government is an idiot. But since the government is your friend buddy and ally, none of those things could be possible could they†¦or could they?

Cuba, Battleground of Opposing Views essays

Cuba, Battleground of Opposing Views essays The Cuban Missile Crisis of October 1962 was one of the turning points of the Cold War between the United States and the Soviet Union. At that time the two superpowers came closest to war than they had ever been, most likely with nuclear weapons. The actual crisis started when on October 14th 1962, a U-2 airplane brought back pictures of medium-range missile bases that were under construction around San Cristobal, on the west of the island. What followed was a face-off between the leaders of the two superpowers, U.S. President John F. Kennedy and Soviet leader Nikita Khrushchev. Kennedy reacted to the missile threat by imposing a naval blockade on Cub, preventing further missile deployment. The American blockade came into place on the morning of October 24th. With several Soviet ships approaching the blockade, there was great fear that if a ship did not halt, the U.S. battleships would have to be forced to fire and by doing this unleashing a nuclear war. Luckily the ships did stop or turn around. Matters got hectic once more when on October 27th an American U-2 was shot down by a SAM missile over Cuba and its pilot killed. Another American reconnaissance plane was hit by Cuban anti-aircraft guns, but it managed to fly home. If this plane had been shot down as well, the U.S. would probably have retaliated. But in the end neither leader wanted to engage in a nuclear war and a treaty was negotiated. This treaty stated that the Soviets would withdraw their missiles from Cuba if the Americans pledged not to invade Cuba. Part of the deal was also the removal of Soviet bombers from Cuba and the removal of the Jupiters from Turkey although not within any public deal. A potentially disastrous conflict was averted. In this paper I will try to explain what caused the Cuban Missile Crisis and why it was prevented. To do this I need to look at both Kennedys and Khrushchevs foreign policies. The task in our block book is entitled ...

Global Marketing and Communications Essay Example | Topics and Well Written Essays - 1750 words

Global Marketing and Communications - Essay Example Well established local brands with their prudent research and development teams like Coca Cola has been able to successfully move to foreign lands (Ghemawat, 2003). Companies looking for globalisation generally look for a market with a culture to that of their own. Globalisation deals with seeing the full potential of an outside market and being able to successfully tap that market. A company which is able to do that becomes a successful global brand. Coca Cola as a product came into existence in 1886. An Atlanta Pharmacist named John Pemberton brought it into existence. His bookkeeper Frank Robinson named it Coca Cola. Since then the brand Coca Cola has gone through a sea of change and has become one of the global leader in soft drinks industry (Coca Cola, n.d.). Coca Cola follows a style of growth and leadership along with constant up gradation in their activities thus making it possible for them to be sustainable. Coca Cola is enjoyed by more than 200 countries worldwide thus becoming a global brand after it had started as local brand. It has achieved 48 straight years with an increase in dividends. At present, the company has 3300 beverages being sold worldwide. The present Coca Cola Chairman and CEO is Mr. Muhtar Kent and the company headquarters are located at Atlanta, Georgia (Coca Cola, n.d.). Globalisation is the modern phenomenon that is conquering the attention of the world over in recent times. The term has basically gained popularity in the last two decades. Globalisation, from the point of view of international marketer, refers to the situation where geographical boundaries are neglected. It has made geographical boundaries seem immaterial. Globalisation has made it possible for companies to earn economies of scale which have benefited them in making profit and becoming successful. It has also made

Supply chain Dissertation Example | Topics and Well Written Essays - 1750 words

Supply chain - Dissertation Example Importance of Food Security Eminent scholars such as Sanyal and Babu (2009) emphasized that food security is a part of nutritional security in which people will have the access to safe drinking water and balanced nutrition so as to ensure every child of a nation has the opportunity to embrace mental and physical development. According to Sanyal and Babu (2009) food security needs to be viewed as a factor responsible for food production, income generation as well as employment generation. In addition, it has also been discovered that the presence of the food security bill in a nation helps in improving the environmental health, economic vitality and human health & social equity. In the context of environmental health, the presence of food security ensures that the food production and procurement do not affect air, land and water required for the future generation. In the context of economic vitality, it ensures that people responsible for the production of food are able to earn decent revenue. Hence, food security plays a crucial role in the revenue and employment generation. In addition, the food security bill is also responsible for ensuring that more importance is being placed in the development of community and health of the community. As a result of this, people will be able to access the foods in a more dignified manner. Thus, from the discussions above it can be affirmed that food security is extremely important for a nation to prosper and secure a safe position. Growing Importance of Food Security and Impact of Supply Chain Nations around the world have begun addressing the issue of food security sincerely. This is principally because of the fact that the situation of food security has reached an alarming stage. Reports have suggested that the... In order to ensure food security and execute the strategy of sustainable agriculture, it is essential to figure out some of the critical foods that have been listed by most nations in food security programs. There are certain foods which are enlisted by the countries as critical foods. This is because such foods have reached an alarming stage or are vital in meeting and feeding the growing population. It has been found that a number of foods have been marked as critical, but in common the foods are maize, beans, wheat, potato, rice and banana. For example, the reason behind considering maize as important and critical food crop because it is highly valued among households (Weadapt, 2013). Moreover, it can be stored dry, can be grown faster and is often managed by the farmers without requiring much expert advice. In this context also supply chain will play a crucial role. The food processors and their supply chain partners face several issues because the tastes of consumers are shiftin g from vegetable and grain-based foods to poultry and meat. Hence, drought, low productivity and volatility of price will seriously impede food distribution and supply. Therefore, streamlining of the distribution and reducing the number of intermediaries is the only solution to the issue. In order to deal with the issue of food security different countries have adopted different measures. For this project, the activities of 5 nations from 5 continents will be presented. The countries chosen are UK, USA, China, Australia and Kenya. The same has been presented below: - UK (Europe) - The country is adopting ICT (Information and Communication Technology) in order to improve the trust and security in the food supply chain.

Summary of IAS 18 Essay Example for Free

Summary of IAS 18 Essay Revenue: the gross inflow of economic benefits (cash, receivables, other assets) arising from the ordinary operating activities of an entity (such as sales of goods, sales of services, interest, royalties, and dividends). [IAS 18.7] Measurement of Revenue Revenue should be measured at the fair value of the consideration received or receivable. [IAS 18.9] An exchange for goods or services of a similar nature and value is not regarded as a transaction that generates revenue. However, exchanges for dissimilar items are regarded as generating revenue. [IAS 18.12] If the inflow of cash or cash equivalents is deferred, the fair value of the consideration receivable is less than the nominal amount of cash and cash equivalents to be received, and discounting is appropriate. This would occur, for instance, if the seller is providing interest-free credit to the buyer or is charging a below-market rate of interest. Interest must be imputed based on market rates. [IAS 18.11] Recognition of Revenue Recognition, as defined in the IASB Framework, means incorporating an item that meets the definition of revenue (above) in the income statement when it meets the following criteria: †¢ it is probable that any future economic benefit associated with the item of revenue will flow to the entity, and †¢ the amount of revenue can be measured with reliability IAS 18 provides guidance for recognising the following specific categories of revenue: Sale of Goods Revenue arising from the sale of goods should be recognised when all of the following criteria have been satisfied: [IAS 18.14] †¢ the seller has transferred to the buyer the significant risks and rewards of ownership †¢ the seller retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold †¢ the amount of revenue can be measured reliably †¢ it is probable that the economic benefits associated with the transaction will flow to the seller, and †¢ the costs incurred or to be incurred in respect of the transaction can be measured reliably Rendering of Services For revenue arising from the rendering of services, provided that all of the following criteria are met, revenue should be recognised by reference to the stage of completion of the transaction at the balance sheet date (the percentage-of-completion method): [IAS 18.20] †¢ the amount of revenue can be measured reliably; †¢ it is probable that the economic benefits will flow to the seller; †¢ the stage of completion at the balance sheet date can be measured reliably; and †¢ the costs incurred, or to be incurred, in respect of the transaction can be measured reliably. When the above criteria are not met, revenue arising from the rendering of services should be recognised only to the extent of the expenses recognised that are recoverable (a cost-recovery approach. [IAS 18.26] Interest, Royalties, and Dividends For interest, royalties and dividends, provided that it is probable that the economic benefits will flow to the enterprise and the amount of revenue can be measured reliably, revenue should be recognised as follows: [IAS 18.29-30] †¢ interest: using the effective interest method as set out in IAS 39 †¢ royalties: on an accruals basis in accordance with the substance of the relevant agreement †¢ dividends: when the shareholders right to receive payment is established Disclosure