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posted on July 1, 2014 The newspaper I used to report for published stories about people when they did really amazing things, and published stories about people when they broke the law. We never published stories about people who simply did their jobs, regardless of whether or not an arbitrarily and irrelevant test determined that they were â€Å"ineffective.† It is highly unethical for the Los Angeles Times to publicly disseminate information that should be a private personnel matter. This counts as cruel and unusually punishment of people who have done nothing but put their heads down and work as hard as they can to make a positive difference in the lives of our nation’s children. Michelle WatersI am a secondary English Language Arts teacher, a University of Oklahoma student working on my Master’s of Education in Instructional Leadership and Academic Curriculum with an concentration in English Education, and a NBPTS candidate. I am constantly seeking ways to amplify my students’ voices and choices.

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G lobal Perspectives on Accounting Education Volume 6, 2009, 83-96 A FINANCIAL STATEMENT ANALYSIS PROJECT FOR INTRODUCTORY FINANCIAL ACCOUNTING Marilyn B. Misch Business Administration Division Pepperdine University Malibu, California USA Carolyn A. Galantine Business Administration Division Pepperdine University Malibu, California USA ABSTRACT This paper describes a financial statement analysis project useful in both preparerbased and user-based introductory courses in financial accounting. The project requires students to analyze trends in corporate performance, to evaluate corporate financial decisions, to discuss non-financial statement issues that would be important to potential investors, to compare two companies†¦show more content†¦The project in this paper, on the other hand, is much more in keeping with the recommendations of authors such as Kimmel (1995), who call for using cases which do not have unique solutions and which require students to formulate recommendations on the basis of incomplete information. The project included here has only six requirements, which are completely detailed on a single page. Yet, while the requirements provide a systematic framework for completion, they also are open-ended, inducing students to create analyses tailored to the particular circumstances encountered by the specific companies and specific industries being analyzed at a particular point in time. T 84 A Financial Statement Analysis Project for Introductory Financial Accounting 85 PROJECT OVERVIEW Project Requirements As may be seen in the assignment sheet included in Appendix 1, the project requires students to obtain annual reports for two companies in a given industry-one to serve as the â€Å"base company† and one to serve as the â€Å"comparison company.† Then, students are required to analyze key trends in the base company’s income statement and balance sheetShow MoreRelatedA Financial Statement Analysis Project for Introductory Financial Accounting5953 Words   |  24 PagesPerspectives on Accounting Education Volume 6, 2009, 83-96 A FINANCIAL STATEMENT ANALYSIS PROJECT FOR INTRODUCTORY FINANCIAL ACCOUNTING Marilyn B. Misch Business Administration Division Pepperdine University Malibu, California USA Carolyn A. Galantine Business Administration Division Pepperdine University Malibu, California USA ABSTRACT This paper describes a financial statement analysis project useful in both preparerbased and user-based introductory courses in financial accounting. The project requiresRead MoreAnalysis of Comprehensive Annual Financial Report2237 Words   |  9 PagesAnalysis of Comprehensive Annual Financial Report Table of Content I. Abstract II. Introduction III. Introductory analysis amp; GFOA Award IV. Financial Analysis V. Financial standing VI. Conclusion VII. References Abstract Comprehensive Annual Financial Report (CAFR) is a report used by cities, and local governments to provide the public with their financial records each year, while adhering to government accounting standards board (GASB) guidelines. The report presentsRead MoreComprehensive Annual Financial Report ( Cafr )1285 Words   |  6 PagesThe Comprehensive Annual Financial Report (CAFR) is consists of three major sections- introductory, financial, and statistical. The first part includes letter of transmittal, organizational chart, and the certificate of achievement from prior year. To begin with the introductory part, I am pleased to present this written statement presentation for the CAFR of the City of Punta Gorda, Florida for the fiscal year ended September 30, 2013. The City of Punta Gorda are comprised of different entitiesRead MoreIssues in Accounting Essay example4357 Words   |  18 PagesISSUES IN ACCOUNTING EDUCATION Vol. 26, No. 4 2011 pp. 797–806 American Accounting Association DOI: 10.2308/iace-50053 Home Heaters: A Holistic View of the Financial Statements M. Cathy Claiborne and Kirkland A. Wilcox ABSTRACT: In this case, two start-up companies in the same industry have identical economic transactions. 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It has been audited as required by the Code of Virginia and received an unmodified opinion by the accounting firm KPMG LLP on NovemberRead MoreCase study Essay2087 Words   |  9 Pagesï » ¿ACCT560 Government and Not-for-Profit Accounting Spring 2014 Project #1 CAFR Due Wednesday, February 5, 2014 at 5:30pm EST Objective: To examine a Comprehensive Annual Financial Report (CAFR) for Montgomery County, Maryland (A neighboring county located near American University). Deliverable: Turn in a hardcopy of your answers by the due date (See the Required: section for more details). Late submissions are heavily penalized or may not be accepted. Required: You must work individuallyRead MoreEssay- Accounting as a Profession2138 Words   |  9 PagesIntroductory Part Accounting is the study of how businesses track their income and assets over time. 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This course introduces the concepts of basic managerial financial functions, such as budgeting, reimbursement methodsRead Moreintermediate accounting 2 test bank Essay8318 Words   |  34 PagesIntermediate Accounting Kieso 15th Edition Test Bank Click here to download the solutions manual / test bank INSTANTLY!!! http://www.solutionsmanualtestbanks.com/2013/05/intermediate-acc ounting-kieso-15th-edition-test-bank.html Intermediate Intermediate Intermediate Intermediate Accounting Accounting Accounting Accounting Kieso Kieso Kieso Kieso 15th Edition Test Bank 15th Edition Test Bank Weygandt Warfield 15th Edition Test Bank Weygandt Warfield 15th Edition Test Bank Read MoreFundamental Financial Accounting Concepts13807 Words   |  56 PagesEighth Edition Fundamental Financial Accounting Concepts Thomas P. Edmonds University of Alabama–Birmingham Frances M. McNair Mississippi State University Philip R. Olds Virginia Commonwealth University Edward E. Milam Mississippi State University (Contributing Author) FUNDAMENTAL FINANCIAL ACCOUNTING CONCEPTS Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY, 10020. Copyright  © 2013, 2011, 2008, 2006 A Financial Statement Analysis Project for Introductory... G lobal Perspectives on Accounting Education Volume 6, 2009, 83-96 A FINANCIAL STATEMENT ANALYSIS PROJECT FOR INTRODUCTORY FINANCIAL ACCOUNTING Marilyn B. Misch Business Administration Division Pepperdine University Malibu, California USA Carolyn A. Galantine Business Administration Division Pepperdine University Malibu, California USA ABSTRACT This paper describes a financial statement analysis project useful in both preparerbased and user-based introductory courses in financial accounting. The project requires students to analyze trends in corporate performance, to evaluate corporate financial decisions, to discuss non-financial statement issues that would be important to potential investors, to compare two companies within an industry,†¦show more content†¦As a first step, the professors organize students into groups of four to five people, balancing the groups based on both academic major and performance in the class to date (including performance on homework and the first exam), as well as to achieve diversity. The group format is used to encourage students to learn from each other, to motivate students to consider alternative viewpoints, to develop students’ understanding of group dynamics, and to limit the amount of time required of the project for both students and the faculty who must grade it. Each professor uses a different approach in selecting the industry and companies for analysis. One professor takes industry suggestions from the class (with the restriction that there be sufficient companies so that no more than two groups will have to analyze the same pair of companies), writes the suggestions on the board, and asks students to vote for their top two choices. Then, a second vote is taken from among the top two original suggestions, with a majority vote determining the industry to be analyzed. Finally, groups have one week to send the professor an email proposing two companies to analyze, with first responders being given preference, so that no more than two groups analyze the same pair. 85 Misch and Galantine 86 The other professor announces group assignments near the end of a class session, then allows groupsShow MoreRelatedA Financial Statement Analysis Project for Introductory Financial Accounting5944 Words   |  24 PagesPerspectives on Accounting Education Volume 6, 2009, 83-96 A FINANCIAL STATEMENT ANALYSIS PROJECT FOR INTRODUCTORY FINANCIAL ACCOUNTING Marilyn B. Misch Business Administration Division Pepperdine University Malibu, California USA Carolyn A. Galantine Business Administration Division Pepperdine University Malibu, California USA ABSTRACT This paper describes a financial statement analysis project useful in both preparerbased and user-based introductory courses in financial accounting. 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Water Pollution is the Source of Major Conflict in Our...

Water is an important resource for every organism on Earth, yet water pollution has become a major conflict all around the world. Water makes up most of Earth and is a necessary factor for both the environment and people. Even though water is something that the human race can’t survive without, water is constantly being polluted because of humans. Oil pollution, global warming, eutrophication, sewage, air pollution, marine debris, industrial waste and radioactive waste have become the main causes of our water being polluted. All of these causes are effects of the human way of life. People have grown so careless that they don’t realize they are poisoning themselves. Water pollution needs to be considered more because it is something that†¦show more content†¦These chemicals don’t only poison surrounding wild life but they can also cause a lot of damage to surrounding families in that area who come in contact with the water. 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Farming Company Production Competitive Market

Question: Describe about the Farming Company Production for Competitive Market. Answer: Part A Introduction Silo Pty Ltd is a farming company that specialises in the production of wheat and barley. It is known that the company is one of the producers in the international market for these commodities. The aim of this analysis is to understand the concept of demand elasticity in context of the firm along with a reference to the various factors impacting demand and supply of the commodities given. Based on the analysis of these factors, conclusion would be drawn with regards to the elasticity of the business. Demand and Supply Factors The three factors that would be impacting the demand of wheat and barley are highlighted below. Demand supply mismatch in global market It may be possible that any particular major consumer may suffer some calamity as a result of which it turns into a net importer. This leads to a crisis in the international markets and leads to higher demand. Food preferences of consumers It is likely that as the income of the consumers increase, they may shift preference in favour of more protein rich diet and thus lower the per capital consumption of wheat and barley. Increased demand of products made from wheat and barley A plethora of products are based on wheat flour and barley and any increase in the demand of these products would cause the demand for wheat and barley to increase. The three factors that would be impacting the supply of wheat and barley are highlighted below. Production trends in Australia Australia is a major producer of wheat and barley and thus any catastrophic incident such as floods, drought or cyclone may affect the supply of these commodities. Government Policies The farming trend in various countries including Australia is impacted by the relevant government policies in terms of the cropping trend which in turn may be affected by the amount of subsidies and support prices offered by the government with regards to crops and related inputs and infrastructure. Market Prices- In case when there is sustained trends where the global prices of these commodities are high, the supply tends to shift in favour of these crops as farmers want to make higher profits. However, lower prices would typically change the cropping pattern in the favour of other lucrative crops. Elasticity and Conclusion One of the foremost measures of elasticity is the demand elasticity. It is defined as the percentage change in the quantity demanded when the price changes by a unit percentage. The underlying elasticity is defined by the extent of availability of close substitutes along with the type of goods. Further, the impact of income on consumption is measured by the income elasticity. It is expected that for wheat and barley, demand elasticity would be lower than 1 and hence the demand would be inelastic. This is primarily because these items especially wheat constitutes as a staple food for a major population and is a key ingredient for various processed foods company. As a result, even if the price increases, people cannot alter their taste preferences in the short run and hence consumption is not much impacted. Further, depending upon the extent of these foods in the normal diet, the availability of substitutes is also low with rice being the only major possibility but in Australia, produc tion of rice is very less. Part B In this case, there has been a bumper harvest in the US and South America which has led to increase in the wheat yields. As a result of increase in the wheat yields in the above countries, there would be an increase in the supply of wheat in the global market. This would be reflected in the rightwards shift in the supply curve shown below. It is apparent from the above figure, that due to an increase in the supply, the supply curve has shifted to the right, thereby increasing the equilibrium quantity from Q1 to Q2. However, since the demand in the short term would remain constant, hence the equilibrium price would decrease from P1 to P2. Part C In this particular case, there is a tax introduced by the government on fertilizers due to the environmental damage caused by fertilisers. As a result of the tax on fertilisers, the cost of fertilisers would increase. Since fertiliser is a key input in cultivation of wheat and barley, hence the overall cost would increase for these farmers and hence cause a decrease in the supply which is indicated by the leftward shift in the supply curve shown below. As is apparent from the graph above, higher price would cause the supply to decrease while the demand in the short term would remain constant. Due to this movement in the supply curve, the equilibrium price would increase as indicated above while the equilibrium quantity would also decrease. Market Structure The given market structure in which Silo Pty Ltd operates is a perfectly competitive market, This may be explained on account of the following reasons. The company is only one of the many producers in the market, hence there are many sellers in the market. Also, considering the wide usage of wheat and barley, the number of buyers is also likely to be many. Further, the price of wheat and barley cannot be influenced by the company or any particular one company and is essentially determined based on global demand and global supply forces. Hence, the companies engaged in farming of these commodities are price takers and not price makers. Also, the entry barriers and exit barriers in farming business are typically low which allow the firms can easily enter and exit.