Balance Sheet and Income Statement Essay Example for Free

Balance Sheet and Income Statement Essay Balance Sheet and Income Statement Jennifer Grayson BSA/500 June 4, 2011 Brian Keltch Balance Sheet and Income Statement The following four companies are related to the companies that have been in review over the last four weeks. These four following companies show how well the company has been doing over the last two years or not so well. The company has pulled their balance sheets and income statement to see if all the company’s financial needs are being met. If the company’s needs are not being met, the company will show where the company needs to cut back and where the company needs to improve. Conclusion National Plastic Co. s not doing well after a year. The company has less net fixed assets after a year. The company has borrowed less liability but the company has less revenue so with the changes it did not work in the favor for the company. AMERCO Inc. is still doing about the same after a year. The big thing is that the company is still able to bring in money with the economy at its worst. The company is able to run comfortable. Kout Food Group is doing about the same as the year before. No growth has happen and no lost has happen. Resaas Services Inc. has made the most growth in a year. In 2010 the total liabilities and equity was 0. 8% and in 2011 5. 67%. The company gained more than 5. 39%. Resaas is doing well. To look at all the different company’s income statements and balance sheets show that no two companies are the same. Some companies may do better than others may and some may not do well at all. It is important for all companies to make sure to have a financial statement. Reference BLOOMBERG L. P. (2012). Balance Sheet and Income Statement. (2018, Oct 26).

Ch.15 - Book - America's Courts and the Criminal Justice System by Essay

Ch.15 - Book - America's Courts and the Criminal Justice System by David W. Neubauer, Henry F. Fradella - Essay Example determined by the parole board who take into account the minimum sentence plus the prisoner’s good behaviour while in jail (positive rehabilitation). Liberal criticism of indeterminate sentencing law is based upon the fact that people who have committed similar crimes usually serve different number of years. This discrepancy creates an ambiguous sentencing system. Conservatively, indeterminate sentencing is based on the principle of rehabilitation. Evidence in the 1970s revealed that rehabilitation had very little impact on the convict’s future decisions with respect to crime. The rehabilitation system also focused on the convict, neglecting the crime and the victims. There was no sense of punishment, retribution or deterrence. Indeterminate sentencing were once very popular but it was however noted that at times judges were too lenient and that rehabilitation did not stop convicts from committing more crimes in the future. Legislature therefore instituted mandatory minimum sentences that had to be served irrespective of good behaviour. Apart from this, sentencing guidelines were also adopted to prevent ambiguous sentencing. Finally, legislatures adopted three-strike laws that act as reinforcement to rehabilitation measures. Indeterminate laws were very common in the 1970s but we however full of inconsistencies. Due to several criticisms about their effectiveness, legislatures around the country undertook several modifications in order to justify its

Maximisation of profit Article Example | Topics and Well Written Essays - 5500 words

Maximisation of profit - Article Example When small groups of people come together and work on a project, they invariably have to analyze as to what their mission and goal are. Organizations are usually classifies into different types like public sector (Central governments, state government run offices, schools, colleges, public welfare systems), private sectors (small business partnerships, limited companies, cooperatives, multinationals etc.), Quasi-Governmental organizations, Organizations in the charitable sector and even the churches and trade unions can be referred to as organizations. (N.Kumar, 1997) Hence, every organization issues a mission statement, which includes the purpose of setting up the organization. In social sciences, organizations are perceived from different dimensions. The general study of how an organization works is termed as organizational behavior or analysis. The whole of organization's behavior revolves only around one aspect-its goal. Every organization should have, irrespective of the field i t operates in, a distinct goal. (N.Kumar, 1997) A goal, not only gives them a direction of persuasion, but also gives the much required motivation to the employees to work towards it, thereby helping them achieve their potential along with the company's growth. Likewise, a conceived state of an organization in a stipulated amount of time is referred to as 'Vision'. 'Vision' is extremely crucial for an organization as it gives a glimpse of the state of the organization after a certain period of time to the employees and stakeholders. 'Vision' can be taken as a benchmark for the company's performance in the future and can be used for comparison of various results recorded by the company. (Davenport Hines, 1990) Private-owned organizations usually have profit-maximization as their sole objective. (Susan Grant, 2000) However, many economists have different views over how an organization's objective should be formulated. Different people have come up with different theories over the issue of organizational objective. Many of them clashed, many of them overlapped and new theories were born out of the overlapping theories, but a general consensus is achieved that profit-maximization should be the sole objective organization though other objectives cannot be safely put aside. In this dissertation, I'd like to analyze the various theories put forward by economists and then draw a suitable conclusion from the same. I will also be studying a few patterns of various industries by taking certain specific examples of how a few companies overcame different situations keeping in their minds profit-maximization as their sole-objective. Literature Review As said above, it is imperative for an organization to identify its objectives before venturing and investing resources into the venture. So what is/are the goals a financial manager in a company will seek. In the first impulse, the only objective, which comes to, the mind, is profit maximization. Any business enterprise aims at earning profits; hence, it may be argued that profit maximization should be the sole objective of the organization. It is needless to say, that earning profits sustains the company's existence and can motivate the company to expand its market and