Tuesday, December 24, 2019

Life During the 1800s - 566 Words

Life during the 1800s was already difficult for many people. When Civil War started, living became even more difficult for the most of the Americans. Civil War camp life was hard for most of the people .Northerners won the Civil War. Why did the Northerners win the Civil War? Is it because of the soldiers who worked together in the camps? Soldier’s life during the Civil War wasn’t easy. Soldier’s daily life was miserable. They had possibilities of getting killed. They had to deal with starvation, climate conditions, poor clothing and even routine between battles. During the fall, they would work on the winter camps but they would extend the stay at one place. Soldier’s life was bad and prisoner’s life was worse than the soldier. Conditions were so bad. Thousands of soldiers died while being held as a captive. Approximately 470,000 soldiers were held captive during the Civil War. In the camp life soldiers rested when possible. Soldiers were forced t o call camp- home in their terms of service. Life in camp was very different for officers and enlisted men. Many soldiers’ camps were home for up to three years. Last two years of camp were good for soldiers. They had enough food and got use to living in camps. On an average day, soldiers were woken at daybreak to begin their day. They had drills in the morning and afternoon where they got trained for battle. Soldier’s mostly spent their time in the camp. Most of the men had diseases. Men had lice problems. They called lice asShow MoreRelatedThe Riot, The Pullman Strike, And The Homestead Strike1260 Words   |  6 PagesIn the late 1800s and the early 1900s, labor was anything but easy. Factory workers faced long hours, low pay, high unemployment fears, and poor working conditions during this time. Life today is much easier in comparison to the late 1800s. Americans have shorter days, bigger pay and easier working conditions. Not comparable to how life is today, many riots sparked, and citizens began to fight for equal treatment. Along with other important events, the Haymarket Riot, the Pullman Strike, and theRead MoreWomens Role in Marriage1327 Words   |  6 Pagesexpected role of the woman in the family was to a take care of the needs within the home, which included providing care for the children, doing chores, and making goods. During these times women were required to be subservient to their husbands and had little say in the matters outside of the home or outside her â€Å"place.† During the 1800s women were essentially the possession of their spouse, they were not allowed to keeps their earnings, inheritance, nor their freedom. Once married, often very young,Read MoreHow Has Life Changed Since 1800 Essay1114 Words   |  5 Pagesï » ¿ How has life changed since 1800? Life as we know it today in the modern world, is significantly different to the lives that our predecessors lived during the period 1500-1800. The changes across the centuries are the result of a process of advancements over time. This essay will examine life in the period 1500-1800 as highlighted in the work of George Blainey (2000) and will compare key differences of life in this early period, against life in the modern world today. Throughout this essay,Read MoreThe European Economic Evolution after the Discovery of America881 Words   |  4 PagesDuring the 1500’s and 1600’s Europe was dominating and taking control of Asia’s international trade market. Due to that take over, Europe became stronger while the Asian empires became weaker and weaker. By the 1800’s Europe was in the position of authority over much of Asia, which included the Indian subcontinent. In the mid and late 1700’s, Europe saw a rise in capitalism and became a strong nation armed with efficient military machines which allowed them to grow in power across the world. ByRead MoreThe Story of an Hour by Kate Chopin1161 Words   |  5 PagesFeminism is played out in a major way in Kate Chopins’ â€Å"The Story of an Hour.† The story portrays a story about the lack of freedom that all woman had in the 1800’s. The word feminism as defined in the Merriam-Webster Dictionary as the theory of the political, economic and social equality of the sexes. A woman’s job and duty in the 1800’s was to tend to the needs of their husband’s needs. In â€Å"The Story of an Hour† Mrs. Mallard, one of the main characters, was told about her husband’s death and sheRead MoreEssay about Change and Continuity in China1081 Words   |  5 Pagesthe lives of many Chinese citizens. Culturally, the country’s art and literature har dly changed for almost eight hundred years. Along with their culture, China remained politically the same from the beginning of the Golden Ages all the way until the 1800s. On the other hand, China’s government and society were restructured after new leaders took over. From a monarch to total communism, China’s society had a multitude of new ideas and policies they had to adapt to. From 618 to the late 1400s, China’sRead MoreA Magnificent Catastrophe, by Edward J. Larson1136 Words   |  5 Pages In the book â€Å"A Magnificent Catastrophe† author, Edward J. Larson examines all aspects of the events that occurred during the First Presidential Campaign in the 1800s. Larson discusses the Presidential Election rivalry battle between Thomas Jefferson of the Republicans and John Adams of the Federalists. In 1776 both John Adams and Thomas Jefferson were sent to Philadelphia as delegates to the second continental congress, they joined a five-member committee, which drafted a Declaration of IndependenceRead MoreThe Female Sex Hormone Estrogen1750 Words   |  7 Pagesbeen viewed as the opposite of men, a view carried by both men and women. Among many others, the most prevalent responsibility of women is to carry her child during fetal development, this does not make it her duty to rear the child once it is born. However, it is imposed upon her by inte rnal and predominantly external male influences in life and with this the assumptions on how women are different from men such as caring, protective, emotional, loving, etc. These assumptions could perhaps be describedRead MoreWomen s Rights For Women1465 Words   |  6 Pages Women’s rights in America in late 1800’s women’s right to vote women in medicine and the equal rights for women are the 3 main points that were big in the 1800’s. Women’s rights to vote women couldn’t vote back in the late 1800’s. Women had to stay home and take care of the children, cook and clean the house and when their husbands get home take care of them too. Although women had to do all those things they were not paid equal for the things they did. Women were told it is not job to vote thatRead MoreRelationships And Culture Of Early 19th Century America And Their Ramifications1526 Words   |  7 PagesEssay: Relationships of Vulnerable Groups to the Identity and Culture of Early 19th-Century America and their Ramifications Back in the early 1800s, the United States of America had been a country associated with the promise of liberty, autonomy from tyrannical rule, and the unalienable rights specified in the formative Declaration of Independence - life, liberty, and the pursuit of happiness. As a consequence of the formation of the country and its promises, several diverse groups had flocked

Monday, December 16, 2019

Arizona Senate Bill 1070 Free Essays

Arizona Senate Bill 1070 Our country, today, currently faces many social issues. For instance, drug abuse, child labor, gangs, homelessness, and immigration. The immigration issues is very controversial and continues to rise. We will write a custom essay sample on Arizona Senate Bill 1070 or any similar topic only for you Order Now Many laws and regulations are being passed to help control this issue. Recently Arizona has passed the Senate Bill 1070 which is causing major problems because it affects human rights. This law should not have been passed because it is increasing racial profiling, rebellion leading to crime, and businesses loosing money. As a person, coming from a Hispanic culture this bill affects me personally. I have family who is in this county with visitation visas or working visas. I even have an uncle with no papers. The bill itself is causing problems in their own state. Arizona is not fixing anything but only making it worst. Yes, the government is trying to get rid of people who technically do not have documentation to be here. The bill pretty much means that a police officer can stop anyone of â€Å"reasonable suspicion† of being illegal. The Arizona Senate Bill 1070 states that if the authority has reasonable suspicion they may stop a person to ask for documentation (arz,gov). It also mentions all people of Hispanic decent will have to carry their legal papers just in case they are stopped. If anyone are caught transporting illegal aliens around they will be in trouble with the law. For example, transporting immigrants could be anything from giving they a ride to the store or to church. People who are housing immigrants will also face consequences. S. B. 1070 is not making the issue any better in Arizona communities, but only making it worst. Many other people argue that most of the crime committed in the United States is caused by immigrants. They feel as if they will not have to be responsible for their actions. People argue that immigrants are causing our economy to fail, and they are the reason why many Americans are unemployed. They may also argue that immigrants have caused our country to become over crowded. First of all, giving permission to stop people on a daily basis because a person is suspicious of someone who does not belong in America is just asking for more racial problems. America is known as a â€Å"melting pot† culture, which is a heterogeneous developed society (world dig). How could someone know if a certain person does not belong in America if we are all from different cultures? In 1939 and 1954 America showed its racisms by removing three million undocumented Mexicans. It was called the â€Å"operation wetback†(academic). It is okay to try and get rid of an issue we are having but no one should be called a term that discriminates their race. Its crazy how history repeats itself and now we have a state trying to start a movement by basically encouraging legal racial profiling. I understand punishing people who do not have legal documentation or green card, but why punish the people who travel with them to even go to the store, church, etc.? The bible mentions, â€Å"love your neighbor† but Arizona makes it hard to love your neighbor because a person is not going to love his Hispanic neighbor. They will not want to risk getting in trouble with the law. Many other little problems continue to rise due to the SB 1070. Also, people are going to rebel against this bill because they do not agree with it. More than half of the crime is not reported, but by placing this law, unreported crimes will surely increase. If an illegal alien gets attacked or even something worst happen they will not report it because they fear they may get deported. That itself will give criminals the feeling to aim any attacks against Hispanics because they have a less chance of getting caught. Finally, the idea of trying to get rid of all the Hispanics rapidly is not a great idea for the economy. Factories are mainly worked by Hispanics or lower poverty. Maybe it is true that Hispanics are take a lot of the jobs and leaving Americans unemployed. But, it is a fact that immigrants are working the jobs many Americans do not want to apply for. Immigrants work for less money and are not picky about having benefits. Deporting immigrants all at once will lead factories to close because its not giving them time to rehire anyone to replace the majority of Hispanics controlling the factories. It will be a domino affect of businesses loosing money. How to cite Arizona Senate Bill 1070, Papers

Sunday, December 8, 2019

Predicting Financial Distress and Evaluating †MyAssignmenthelp.com

Question: Discuss about the Predicting Financial Distress and Evaluating. Answer: Introduction: JB Hi-Fi Limited current liabilities for 2013 financial year were $442379000 while for 2012 financial year were $439481000. The current liabilities for 2013 financial year increased to $2898000 from 2012 financial year. The Company classified the following liabilities under current liabilities; provisions, current tax liabilities, trade and other payable, and other financial liabilities. The company classified liabilities that were not in these class as other current liabilities (Nobes, 2014). The JB Hi-Fi major liability at the end of 2013 financial year was trade and other payable. The amount was $387020000 which formed 65% of the total liabilities of the company. Secondly was the borrowing. The company borrowing at the end of 2013 financial year amounted to $124331000. This accounted for 20% of the total liabilities for the company at the end of 2013 financial year. In general, the current liabilities of JB Hi-Fi were the major liabilities for the 2013 financial year. The current liabilities amounted to $442379000 that accounted for 70% of the total liabilities that JB Hi-Fi has for 2013 financial year. JB Hi-Fi included the following items on provision on the company balance sheet; employee benefits and lease provisions. The provisions were under current liabilities and amounted to $36391000. The employee benefits amounted to $35111000 in 2013 financial year which was up from $2780200 in 2012 financial year. The lease provision for 2013 financial year amounted to $1280000 down from $2871000 in 2012 financial year. The items included in the provisions on the JB Hi-Fi financial statement satisfy the IAS37/ AASB137 definition. The items listed are different from other liabilities that are classified in the companys financial statements such as accruals or trade payables (Bardia, 2012). The provisions are contingent in terms of amount and timing. Therefore, the provisions included on the JB Hi-Fis balance sheet were liabilities with uncertain amount and timing. The employee benefits liabilities for JB Hi-Fi Company increased by $7309000 from 2012 to 2013 financial year. The JB Hi-Fi limited used bank loans as a source of interest bearing cash to finance it operations. The company raised $124331000 in 2013 financial year down from $149775000 in 2012 financial year. The company cash bearing interest balance in 2013 financial year was $125000000 while 2012 financial year was $150000000. The balance repaid in 2013 financial year was $25000000. The JB Hi-Fi Company had no secured noncurrent liabilities for 2013 financial year. The company had unsecured bank loans amount ting to $124331000. This was different from 2012 financial year where the company had secured noncurrent liabilities amounting to $149775000. This means that the company secured it bank loans in 2012 FY and had unsecured bank loans for 2013 FY. The JB Hi-Fi only had bank loans that were non current borrowing. The bank loan balance for 2013 financial year amounted to $124331000. The bank loan was due within 5 years. The JB Hi-Fi Company has non-current provisions. They include the following; employee benefits, lease provisions and other provisions. The company recorded employees benefited as noncurrent liabilities at $3747000 in 2013 FY which was above 2012 FY at $ 3304000. The lease provisions for non current provisions amounted to $5522000 for 2013 FY below 2012 FY which was $3304000. Other noncurrent provisions amounted to $147000 in 2013 FY below $2132000 in 2012 FY. The non current provision on the JB Hi-Fi financial statements were provision whose amounts were uncertain but the time was certain. The amount in this provision was determined to be due for a period of more than one year hence recorded as noncurrent provisions in the balance sheet (Choi, and Meek, 2011). Therefore, the non current provision on the JB Hi-Fi financial statements represented uncertain amount whose timing was more than one year. The country Road Limited is a public company and it income statement shows deductions for income tax expense. This deduction would be different to an income statement of a partnership form of business. The income statement of a partnership does not have a deduction for income tax. First, a partnership is not an entity of its own. A partnership business is not separate from the owners who started it and therefore cannot be taxed as a separate entity (Schroeder, Clark, and Cathey, 2011). This is different from a limited company which is an entity by its own making it an artificial person. A limited organization operates on it owns as an individual and therefore pays tax to the authority. Secondly, a partnership does not pay income tax on profits that the business earns in a financial year. The profit and loss earned by the business in a partnership is shared among the partners. Then each partner then pays tax on their own. An individual in partnership discloses the profit earned from t he business to the authority when filling personal returns. Therefore, the income tax is not deducted on a partnership income statement but rather the tax is attributed to each partner in a partnership. From the Country Road Limited statement of change in equity, the total profits are appropriated to retained earnings. The total profit from a financial year is added to the retained earnings for the company. The profits for the period are added to the previous period retained earnings. The total profits of a period are either paid out to the shareholders in terms of dividends or retained in the business. This is different from a partnership form of business. The profits of a period are appropriated among the partners in the business in their agreed ratios. There are no retained earnings appropriated in the business financial statement. Retained earnings in a partnership are not allowed because they create confusion for taxation in a partnership. The difference in appropriation of profits for the period between Country Road Limited and a Partnership are because of the nature of formation of the business and submission of tax. A limited company is owned by shareholders who are paid in terms of dividends. Since a limited company is an artificial person according to law, it requires funds to undertake it emergency or unforeseen actions in the planning process (Birt et al., 2013). Secondly, a limited company is taxed as an entity on the profits earned from the financial period. The authority is able to tax the company before the profits of the company are declared which is different from a partnership where taxes are not deducted directly to the profits earned within a financial period. The taxes of a partnership are paid by partners in the business as part of their individual taxes. Therefore, the appropriation of retained earnings in Country Road statement of equity change will b different to a partnership because of the different in business formation and payment of taxes. The Country Road Limited has issued capital in their balance sheet. The company recognizes issued and pays capital at fair value of the consideration of when issued or received. The company ensures that costs arising from ordinary shares issuing is recognized directly as a reduction in the equity (Horngren et al., 2012). This is different from a typical partnership. A partnership does not issue capital to the public. First, a partnership is owned by partners while a limited business is owned by shareholders. The shareholders contribute capital to the business. The limited business issues shares that are bought by willing buyers from the public that form the capital of the company. A limited company offers it shares for buying through the stock exchange. The number of shares that a person or organization buys from the company determines the amount of dividends to be paid. Limited companies pay dividends per share. This is different from a typical partnership where capital is contributed by the partners who come together to start the business. The contribution of capital forms the ratio for sharing profits (Chandra, 2011). Therefore, a limited company has to account for the shares issues for every financial year. Secondly, a limited company has limited liability to the owners of the company. The company operates as a separate independent entity and therefore owners the resources and liabilities. This necessitates the company to issue part of it ownership to individuals by issuing shares. The process of issuing shares for capital increasing the number of owners of a company. A limited company can also reduce the number of owners by buying the shares from the shar eholders (Needles, Powers, and Crosson, 2013). The company has it liabilities limited to the capital that enables owners wealth not to be repossessed to settle debts in case the company is unable to settle all its debts. This is different from a partnership. A partnerships is neither a separate entity from it owners nor do it owners have a limited liability. Partnership owners are not separate from the entity and the entity does not exist independently from its owners. This means that there is no difference between the business capital and liabilities and owners capital and liabilities. If the business is unable to settle it liabilities the owners assets can be taken to settle the business obligation. This entails that partnership capital is not separate from that of its owners and therefore it cannot be accounted as a different asset. Country Road Limited is required to prepare statement of cash flow for the company and be included in the financial statements. The cash flow statement is an important statement in financial reporting of a company. Limited companies are required prepared statement of financial statement by Accounting Standard AASB 107. This standard is under section 334 of the corporations Act of 2001 of Australia (Price, 2012). The cash flow objective in financial reports is providing useful financial information to users of annual reports. It enables the users to assess an entitys ability to generate cash and cash equivalents. Cash flows in an entity enable the users to make informed economic and financial decisions regarding the entity. The statement of cash flow outlines the investing, financing, and operating activities of an entity for a given period of time. The cash flow shows the cash outflows that were invested by an entity in a specific period of time. This helps determine the amount inves ted. Secondly, the statement of cash flow shows where an entity gets it financing from. The statement shows the sources of funding for the period. Third, the statement of cash flow the cash outflow to operating activities from the entity. This information is important to several stakeholders of the entity. First, the statement of cash flow is important to lenders who assess the ability of the entity to settle their debts. Lenders use cash flow to assess the amount of cash received by the company (Bradbury, 2011). Secondly are the owners who use the information to analyze the ability of the company to increase their wealth. Thirdly, the statement of cash flow is used by the management to assess the ability of the entity to meet it obligations as they fall due (Halabi, Barrett, and Dyt, 2010). This is different from a typical partnership. A partnership has no separate owners and their business is not assessed as a separate entity. A partnership is assessed through the partners by lend ers. The statement of cash flow is not a requirement for partnership in Australia. A partnership is not also required to report to the public about its operations. Therefore, a partnership is different from a limited company and is not required to make statement of cash flow because of it nature of formation and ownership. References Bardia, S.C., 2012. Predicting financial distress and evaluating long-term solvency: an empirical study. IUP Journal Of Accounting Research Audit Practices, 11(1), p.47. Bradbury, M., 2011. Direct or indirect cash flow statements?. Australian Accounting Review, 21(2), pp.124-130. Chandra, P., 2011. Financial management. Tata McGraw-Hill Education. Birt, J., Chalmers, K., Byrne, S., Brooks, A. and Oliver, J., 2013. Performance measurement. Choi, F.D. and Meek, G.K., 2011. International accounting. Pearson Higher Ed. Halabi, A.K., Barrett, R. and Dyt, R., 2010. Understanding financial information used to assess small firm performance: An Australian qualitative study. Qualitative Research in Accounting Management, 7(2), pp.163-179. Horngren, C., Harrison, W., Oliver, S., Best, P., Fraser, D. and Tan, R., 2012. Financial accounting. Pearson Higher Education AU. Needles, B.E., Powers, M. and Crosson, S.V., 2013. Principles of accounting. Cengage Learning. Nobes, C., 2014. International Classification of Financial Reporting 3e. Routledge. Price, J., 2012. Return on equity traps and how to avoid them. Equity, 26(3), p.4. Schroeder, R.G., Clark, M.W. and Cathey, J.M., 2011. Financial accounting theory and analysis: text and cases. John Wiley and Sons.