Implementing tax on sugar-sweetened beverages was correlated with substantial increase in soda rates and decrease significant consumption of aerated drinks, sweet teas, flavored water, and sport drinks. In Australia people are getting fat since childhood caused by eating too much unhealthy processed food which address complex disease called obesity. World Health Organization (WHO) suggests that obesity is a risk factor for most of non-communicable disease such as type 2 diabetes, cardiovascular disease (heart attack, stroke, hypertension), cancer etc. To improve...
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Nothing in life can be carried out to the fullest without accountability! Without it, it is difficult to get people to assume ownership of their own actions because they believe they will not face any consequences. Accountability is the concept of answerability by an individual or a department for the performance or outcomes of specific activities. In the case of setting goals, the notion of accountability can be applied in two ways firstly, internal accountability is when an individual's personal...
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Have you ever thought about what the military would be like without certain things? The military must have certain things for it to maintain its reputation. The military always wants their soldiers and their sailors to be their best no matter the situation. The military always wants their soldiers and sailors to have accountability, discipline and respect, time management, and critical thinking skills if they are in a combat zone or working in a hospital. Accountability is very important in...
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The Importance of Accountability and Continuity “I am a soldier first but an Intelligence Professional second to none.” As a soldier, I am held to a higher standard compared to a civilian. We are trained and developed to follow the profession of arms. As a soldier, you are expected to live, speak and act in the professional army manner to adhere to army traditions, fulfilling our roles to resist the enemy at all times. You are responsible for not only...
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Introduction Benjamin Franklin said there were only two things certain in life: death and taxes. And as something that is put to comparison with death in its certainty; most people fear even the mention of taxes the same as its counterpart, but it does not have to be that way. Taxes are considered as a form of a membership to the society, for the person to become of service to their society. To foster economic growth and development governments need...
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Introduction This assignment, it will discuss what accountability is, why it is important within adult nursing, looking into capacity in an analytical aspect, whilst maintaining confidentiality within the assignment. Enabling the reader to get a better understanding of capacity whilst looking at it through legal, ethical, and professional accountability. Capacity is both decision and time specific. We cannot decide what is in a person’s best interests just because of their age, their looks, or how they behave. Capacity according to...
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Introduction The main goal of enterprise management is to ensure the survival of the enterprise in the market and improve its well-being. An important role in the implementation of this task is given to the financial analysis of the enterprise. Financial analysis helps to develop the strategy and tactics of improvement of the enterprise, to make management decisions, monitor, identify reserves for improving production efficiency, assess the performance of the enterprise and its divisions. One of the main criteria for...
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The global beverage industry has an annual worth of $1.4 trillion with a 2.6% expected increase each year. It consists of many market segments including soft drinks, energy drinks, tea and coffee, natural and organic beverages, alcohol, and bottled water. As long as thirst exists, there will be a market for beverages. One big trend is the growing popularity of bottled water. Consumers are seeking healthier ways to stay hydrated, making bottled water a popular choice. The beverage industry has...
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Executive Summary The managers and directors of an organization use various types of techniques to ensure the wellbeing of their organization. Management accounting is one of those techniques used. Various types of management accounting reports and systems are prepared by management accountants to provide information to the top-level managers in order to aid them in their decision-making process. The focus of this report is to identify the costs and benefits of introducing a new product called Nescafé Rapido, a ready-to-drink...
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Introduction Over recent years, corporate governance has become a mandatory center in practice and academic literature (Kim, Nofsinger and Mohr, 2009). The essential pillars of good corporate governance are: discipline, transparency, independence of board members and committees, fairness, accountability and social responsibility (King Report, 2002). Moreover, the most simplified definition of corporate governance is a system through which companies are directed and controlled (Cadbury Report, 2002). Corporate governance is made up of several mechanisms which include: Non-executive directors, executive incentives,...
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1.1 Introduction This section will mainly focus on the background of the problem which will be about what has caused the problem. Also the research will focus on the main aims of this research and research objectives giving the reader a clear picture of what the researcher wants to achieve. The research will also come across the significance of the study giving the importance of why this study is being carried out. Moreover the research will focus on the limitations...
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1.1 Introduction This section will mainly focus on the background of the problem which will be about what has caused the problem. Also the research will focus on the main aims of this research and research objectives giving the reader a clear picture of what the researcher wants to achieve. The research will also come across the significance of the study giving the importance of why this study is being carried out. Moreover the research will focus on the limitations...
5 Pages
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Introduction The theory was proposed by Michael C. Jensen in an article called “Agency Costs of free cash Flow, Corporate Finance and Takeovers in 1986.” According to this theory if a firm is efficient should pay the free cash flow to the shareholders. The firm should also give maximum value of the free cash flow to the shareholders. In the view of Jensen free cash flow is a problem rather than a good thing. When the firm has substantial free...
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Introduction Ⅰ. Analyze the effect central bank easing during the Great Recession had on global equity markets. After 10 useless actions of federal funds rate cut from 5.25% to 0.25%, the Federal Reserve turned to quantitative easing for the first time in history. Under the high financial pressure caused by funding for several institutions that were on the verge of bankruptcy, the Federal Reserve announced the enforcement of QE1 “In late November 2008, the Federal Reserve started buying $600 billion...
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Part 1: Firm Overview PART A: Texas Instruments is a manufacturer of semiconductors which it sells across the globe; generating total revenue of $15.784 billion in fiscal 2018 alone. Semiconductor products are used for a variety of purposes such as “converting and amplifying signals, interfacing with other devices, managing and distributing power, processing data, cancelling noise and improving signal resolution.” The company has two major product types: Analog and Embedded Processing. The first type, Analog, produced $10.80 billion in revenue...
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According to the study by (Parsian, H & Amir, K, 2013) searched on effect of different factors on dividend payout ratio of Tehran stock exchange (TSE) registered companies. Various companies has been selected for research. They used regression panel for testing the hypothesis of f the study. This study provides us evidence and 102 companies has been selected over the time between 2005-2010. This study shows that independent variables free cash flow and profitability current ratio have negative relation with...
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Introduction In this chapter literature review on internal controls and revenue collection is discussed. The theoretical framework is presented first, followed by empirical literature on studies involving internal control and revenue collection. The conceptual framework is discussed last and then the chapter summary concludes the chapter. Theoretical Review The main theories that premise the relationship between internal controls and revenue collection are the Agency theory. Attribution theory, and Reliability theory. Agency Theory Jensen & Meckling (1976) postulate that a firm...
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Introduction 1-Importance and objectives of joint cost allocation: In a system for estimating the cost of absorption, the cost of production must be charged to the costs of the product. When more than one product participates in some common production costs, a basis must be established for sharing these costs. Joint costs are needed for measuring profitability of joint products. Joint costs are needed for pricing decisions. Joint costs are part of cost payment under contracts. Joint costs need to...
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For the risk adjustment of expected cash flows, the certainty equivalent cash flows replace the risky cash flows with risk-free cashflow. The certainty equivalent is, of course, lower than the uncertain cash flow and the bigger the risk, the higher the downward adjustment. If this adjustment is made, it is also necessary to use the risk-free rate as the discount rate since the cash flows are now risk-free. De facto, it is extraordinarily difficult to assess the probability of distress...
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a) Why could the new accounting standard trigger debt covenants (that is, create a technical default)? Accounting standard can be alluded to as a typical arrangement of norms and standards or the strategies that plot the premise of the bookkeeping exercises and approaches. Organizations with enormous armadas need to take a gander at the genuine effect on their business, composes Alexandra Cain. 10 years after the thought was proposed, it's presumable another bookkeeping standard will expect organizations to perceive working...
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Executive Summary The concerned study focuses on the functions and importance of internal control on the regular activities of any business. In this regards, the key difference between internal control on financial records and internal control has been identified. The key beneficiaries of public reporting on internal control have been highlighted in the study along with its key benefits. Moreover, discussion has been made if the process is required for the companies of Australia. In addition to this, the effects...
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Question: 1 The introduction: Treasury operation: Everyone can recognize many of the businesses that operate around them providing goods and services for their needs. But most people are not familiar with what goes on behind the scenes in order for those businesses to function. When discussing the treasury operations of a company, we are really talking about the ability of a company to pay its bills and to have the funds to support its operations and make the investments in...
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Economic is the knowledge of how humans making choices in the face of scarcity. We are living in a world that resources are limited and the need of the people are unlimited, the economists are looking for an easy way to allotted sources by opportunity cost. The concept of opportunity cost most of the time use in business for analyzing the existing sources. Sometimes in scarcity of resources we are making a decision instead of another one, it is the...
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Before taking the macro economics class and completing the four graded discussions I didn’t know much about what opportunity cost mean. Now as we headed to the end of the term and studied the topic I have learned a lot and know much more about what opportunity cost mean and how it works. If someone asked me just a little more than a month ago “what does opportunity cost mean?” than I would probably have an answer similar to that;...
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Orgon was so taken in by Tartuffe that he put aside his feelings for his family because he wanted to be under Tartuffe’s tutelage. He believed that Tartuffe was a soulful, humbled man. The family though is unable to see the great influence of Tartuffe and thinks of him as nothing but a con-artist. They are unable to persuade Orgon otherwise. Dorine states in Act 1, Scene 1 “You see him as a saint. I’m far less awed; In fact,...
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Opportunity cost is the fee of something while a specific path of action is chosen. Opportunity fee is the fee of the next pleasant alternative foregone. If a person starts a brand new business by giving up his earnings of $30,000 according to month then $30,000 might be the opportunity value of starting a new enterprise. Simply positioned the possibility price is what you need to forego so one can get something. The gain or cost that turned into given...
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As more research comes in, resource sustainability and the effects of our daily carbon footprint have come more and more to the forefront of Americans’ consciousness. Given the terrible environmental consequences of both single-use plastic and paper bags, the most socially responsible action for communities to adopt would be to tax all single use bags, as the tax would serve as a deterrent to consumers, thus saving the environment, the tax revenue can be funneled back into much needed research...
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Every day we are faced with the obstacle of making choices that range from what delicious recipe to make to what career path would be the best for my future. Each choice that we make has an opportunity cost and either takes an economic toll on us or reaps a reward. Our lives are constantly influenced by economic trends such as inflation, interest rates and economic growth. Some things we may have little control over and can tremendously change our...
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The idea of Economics is present everywhere in our society. Through our lives, the things around us directly relate to our economy. Music is one of the many areas that play a large role in our lives. For me, the song “Opportunity Cost” by G-Eazy is solely about economics and the way that we need to learn how to balance our everyday lives. The first three lines go like this: “Everything costs something bro, when it’s somewhere… somewhere else you...
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When making decisions in personal and professional lives, one must identify and compare opportunity costs. When comparing options, it is important to analyze every cost and other opportunities that one must give up. Choosing between taking an absence from work, moving out of town and pursuing a MBA degree full time or maintaining one’s current job while enrolled in a local MBA program has many opportunity costs for each. Focusing first on taking an absence from work, moving out of...
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