Free Essays on Income to Get Inspired & Learn by Example

Health Population and Child Development

Various studies are being made to address various needs of individuals. Some choose to fight for equality while some for human rights. One of the most famous studies that is being done in rich countries involves the effect of income inequality in different aspects of human life (Mackenbach, 2002).
In 1992, the British Medical Journal (BMJ) published a report that showed that among the nine industrialized Western countries, there exist a strong negative correlation between inequality and life expectancy which translates less income to higher life expectancy. After their first release few more studies and reports followed discussing conventional Continue reading...

Sommeiller and Price states that “due to great recession, all levels of income growth get dropped and uneven, however recovery took stand in the year 2009” Moreover, the statistics of year 2012 indicates that there were large gaps embracing on inequality in New York and Connecticut (3).
United States is facing significant inequality in the last few decades, and there is no statistics to reverse it back. There was a vast tendency of uneven income disparity in the year of 1979 to 2007. According to the study of economists, out of total income, 95 percent of the income was Continue reading...

The tax is a form of government levy charged on individual and other entities’ wealth, property, and income. In most cases, individuals and other entities such as companies and financial organization pay a certain amount of their revenues or on their wealth or consumption to the government. The governments of the United States, and of course other nations gain revenues a wide variety of ways, (Gruber, 2013, p.524) and the tax is an enormous part of the income. There are various ways in which the government can use to collect taxes from the public. Such taxes include individual payroll Continue reading...

Are the rich getting richer and the poor getting poorer still today?

Introduction
At the onset of globalization, free trade, multiculturalism, and liberal market fundamentals, one cannot help but assume that each and every economy is doing better than before. It leads us to believe that with the growing mobility, aided by advanced skills and technology transfer, and other empowering instruments of a global village, people should be richer or well off. However, this is not often the case. Poor people like the Africans still need foreign aid up until now. Developing countries remain developing. In the micro economic level, one may say that the rich people still become richer while Continue reading...

Introduction

It has been long argued that national health is influenced by income and education, mostly because more educated people are able to better understand and use health information and generally have higher-paid positions in the job market, which allows them for more nutritional diet and more diverse leisure. Another argument is that people with higher income are generally less inclined towards bad habits, such as smoking, alcoholism, drug abuse and lack of physical activities. Economists, social care and health care workers have widely researched the correlation between an individual’s income and health condition, sampling single individuals, families, communities Continue reading...

The economic growth of a country is extremely crucial for its overall development. Most countries often gear their policies to achieve this target with the hope that such growth would bring their citizens out of poverty. However, growth need not necessarily be the sole objective of economic policy since economic growth can be lopsided and uneven, thus depriving large sections of the population of the benefits of growth. Therefore, most economic policy makers also take into account factors such as income distribution and poverty. However, there are varied debates over the method of measuring poverty as well since every Continue reading...

Introduction

In this paper we will show the basic concepts of statistics and probability theory related to a real world problem. The problem we investigate is about remittance payments. It is known that Remittance is a payment document for international payments and international remittances in foreign currency check, bill of exchange, and so on. Recently, more and more widely used to refer to it international money flows, and various categories of labor and economic migrants, when the last regular part of the money sent home. According to World Bank estimates, in 2006 these remittances amounted to 250-300 billion US dollars; Continue reading...

Summary description of problems in development economics in low-income country

Reference of the review to the relevant literature
B. Ideas that lays the basis for the problems in development economics in low-income countries
Problem of Unemployment
Problem of poor health and education
Problem of inadequate infrastructure
Problem of fair trade and imposed taxes
Problem of slow integration into the global economy
N/b substantiation of the ideas with data and the writings of other authors
C. Conclusion

What the government needs to do to mitigate the problems that face low-income countries in terms of economic development.

Steps that NGO interested in helping the low-income countries to improve their income
Introduction
There are three groups of economies namely high income, middle income and low income. High-income economies are associated with Continue reading...

Problem Statement

Children from the poor background are associated with a high cost from society in order to cater for their health, education resources among other essential needs. Therefore, the more the child is poor, the more government is strained to apply for the economic aid in order to cover the gap between the poor and the rich child. Poor children also have low chances of succeeding in the academic arena, and this pushes them to minimal chances of acquiring sustainable employment. Such children are also likely to have prolonged life in the colleges and university subsequent to various challenges facing Continue reading...

Do elites benefit from democracy and foreign aid in developing countries?

The topic the article discusses is whether political elites benefit from democracy and foreign aid comparing to the rest of population in world. The author makes the following conclusion that the final results of his research conducted provide robust support for the hypothesis by making it clear that democracy and foreign aid is indeed has an impact on total income of elite in many developing countries, yet not specifically in autocracies. It is widely believed that in recipient countries most of beneficial effects of foreign aid are removed by political elites. According to statistic on total income which came Continue reading...

States and governments generate income through charging their citizens taxes. There are different types of tax structures such as progressive, regressive and neutral. Progressive tax structure is also known as proportional tax. Proportional tax is charged according to the income earned by a citizen. Citizens earning high income pay high tax and those earning low income pay less tax. Studies show that progressive tax is not a good form of raising income because it could lead to recession due to changes in business cycles (Chernick, Reimers and Tennant, 5). Regressive tax structure is used when low income earning citizens Continue reading...

[Class Title]

Adolescents are among the most prone segment of society to be affected by socio-economic factors when it comes to crime and delinquency. Developed in the 1940s by criminologists most notably by Clifford Shaw and Henry McKay, the theory of social disorganization suggests that the more impoverished the community is, the more prone adolescents are in that particular community to develop delinquent behavior . In reference to the data provided by The Hamilton Project regarding the adolescent risk behavior by family income level, it is quite noticeable that the use of marijuana and other narcotic substances does not vary Continue reading...

The task aim sat three major issues. The first issue entails the illustration of the present disclosure requirements as applicable to the AASB 112. The present disclosure agreement adequately describes the ATO taxable income, and also ATO income tax payable. The two tax levels are now legally required to be disclosed publicly. The second issue entails income tax information, which is disclosed by the company financial report of the last financial period. Australian legislator strongly supports the requirements for extra ATO disclosures. The third issue entails illustrating a suitable illustration of a corporation that presently shows tax information that Continue reading...

Question 1: NZ FRAMEWORK

Qualitative characteristics
Characteristic 1: Relevance
Good accounting information should be relevant. Information is considered relevant when it can influence the decision of the users of accounting information (Norton & Porter, 2011). This implies that the inclusion of the information should make a difference in the decision of users. Information can only be relevant if it is timely, has a predictive and feedback values.

Characteristic 2: Reliability:

Information should be free from bias and material errors in order to be depended upon by the users as faithfully representing the intended purpose (Needles & Powers, 2013).

Characteristic 3: Understandability:

Accounting information should be presented in a manner that it Continue reading...

Should basic income be introduced in Canada? This debate is not a new debate; it has beendebated since 1960s. Before having, let us have a familiarity session with the term Basic Income. Now, what is the Basic Income or BI? Basic income is a general and unrestricted income for which every citizen of the state is liable to claim. It is the responsibility of the government to provide the fixed amount of the revenues of the state to specified people of the country without any conditions applied. None of the workers or jobless, disabled, students, or any needy persons Continue reading...

Direct vs. indirect methods

The two methods of preparing statement of cash flow differ only in the cash flows from operating activities’ section. The indirect method starts with the net profit as the base (Fasb.org, 2015). The net income is then adjusted for non-cash expenses and changes in working capital items. Decreases in operating assets other than cash and increases in current liabilities are added to the net income. The direct method does not use the net income as the base. It lists the actual cash receipts and payments. In addition, no adjustments are required for changes in working capital items from the Continue reading...

Income Statement

Income Statement

Introduction

The trial balance data for Nybrostrand Company with additional information are used to prepare the list of adjusting and closing entries and to compose income statement for the period ending 31 December 2012 in accordance with US GAAP.

Unadjusted trial balance: past years’ retained earnings

Before composing the income statement, other potential sources of errors in the bookkeeping process should be sought for and corrected. The unbalanced trial balance means there is an error in some of the accounts (“Balancing an Unbalanced Trial Balance”, 2010). The most probable source of error is supposed to be retained earnings account which balance is not included in Continue reading...

Generally Accepted Accounting Principles (US GAAP)

These refer the framework of accounting standards, rules, and procedures used in the United States to record and report financial statements of entities (Fasb.org, 2015). They are applied by both privately held and publicly traded companies, non-profit organizations and the government. The rules must be adhered to so to ensure the accuracy and reliability of financial statements. The GAAPs act as a common means of communication among accounting and finance professionals hence enables interested parties to compare financial statements with those of other corporations (Aicpa.org, 2015).

International Accounting Standards/International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS) are set of accounting standards developed by the Continue reading...

Thesis: Low-income jobs no longer represent the American dream, but rather a relic of America’s past that no longer exists.

Introduction

They do not now
This is due in part to:
The recession
Entitlement
The Recession
Low-income jobs used to provide opportunities
Now they do not
Overqualified people are stuck in them.
They are paying off student loans, further separating them from the American dream.
Low-income jobs in a recession equal no advancement for the individual or their family.
Age of entitlement
Young people think they are owed success.
They do not want to work for it.
They look Continue reading...

Introduction

The implementation of policy is an important aspect of governance because it is one of the mechanisms that bring about development. Policies, for instance, enable the government to create statutes and mechanisms to deliver services to people (Calabro, 88). In turn, good governance is a standard for government leaders to ensure the just distribution of resources to all citizens of the state. As a result, the implementation of policies should ideally foster socio-political and economic development. Assessing the impact of policies, however, is necessary to determine their merits and shortcomings. In doing so, legislators would be able to identify Continue reading...

Introduction

Income or economic inequality or what is usually referred to as the gap between the rich and the poor (Sen, p. 12). It refers to the discrepancies in the distribution of wealth and income between individuals or groups in a given social setting (p. 12). A major contributor to this inequality is the gap in income or salaries. Other causes include professional and technical skills, technological developments, distribution of wealth, gender, political setting, personal preferences, etc. (p. 13). These factors are usually interlinked with one another.
The concept of economic inequality is usually related to gender and this is Continue reading...

Introduction

The World War II has essentially created a platform for the reforms in the political and socioeconomic affairs of the countries across the world with most of them making a clear insight of the requirement for policy shifts aiming at growth and sustainability. The simultaneous emergence of the globalisation of economy and rapid industrialisation prospects required the nations to induct wider and comprehensive socioeconomic visions for the handling the prospective changes. As a result of these strategic redefinition processes, the new and universally accepted theory of Welfare State emerged as the messiah for the deprived and undersized economies. The Continue reading...

RE: Taxation of Antique Instruments

Facts
James Figaro is a professional musician who plays the violin and operates as a self-employed individual in this industry. He also performs in an orchestra and also provides private music lessons to a small class of selected students as part of his commercial music business activities. Since his specialty is in stringed instruments particularly the violin, James has recently purchased a set of antique instruments that he intends to use in his trade. This set is comprised of a fine antique bow and a corresponding fine antique violin.
Since James is a professional music player of the violin, Continue reading...

Cash flow statement

Comparison of income statement and statement of cash flows
The income statement indicates the results of the operating activities of Nybrostrand Company for the year ended December 31, 2012. It shows total revenues as well as the cost of goods sold thereby giving the value of gross profit. The income statement also includes all the operating expenses incurred by the company during the year. The income statement gives no consideration to whether the expenses are cash or non-cash expenses. As shown above, the company’s expenses included depreciation, property taxes, marketing, insurance, utilities and rent expenses. The income statement Continue reading...

Introduction

Economics of Happiness is a new direction in economic theory that emerged in the last decade due to the ever escalating criticism of GDP and related indicators with him. In the area have been created and continue to create alternative indicators to determine the development of the nation from all sides. One of the key weaknesses of the economy of happiness is the uncertainty of the method of quantitative measurement, as well as the problem of subjective assessments of information to the general form. A long time in economics dominated objective approach, according to which income (individual or household) Continue reading...

Introduction

Balanced budget is a typical story in the science of economics. There is a general belief that the balanced budget is better than the unbalanced budget situation. To understand the background of the belief of a balanced budget, one needs to know how the budget system works.
Budget is a sheet indicating incomes and expenditures of a government. Government incomes are mainly taxes collected from people and companies. Tax laws are arranged by parliamentary of a country. Government is responsible for determining areas where taxes will be spent. Government that receives most of the votes in elections and depending Continue reading...

Abstract

Introduction
The economy of United States (US) as well as other Western countries emphasizes a lot over the credit buying. The trend of buying expensive products through the credit cards is very common in the western world, especially in the United States. The economy of the United States has just come out from a severe economic downturn, however the clouds of economic contraction and problems are still shadowing on their heads (White, 2001).
One of the major things that intensified the current economic crisis to mold in such a horrible position is the high amount of credit rationing within Continue reading...

James Brown

MN505: Health Promotion and Disease Prevention in a Diverse Community
Health Problem
Diabetes and obesity are life-long diseases that demand on-going medical care and continuing support and self-management education if acute and/or long-term complications are to be prevented. The United States is faced with an increasingly serious obesity epidemic, which is especially prevalent among poor children and youths. According to Levine (2011) the heightened reliance on energy-dense foods (snacks, fast foods and caloric beverages) by youths and children has been repeatedly associated with heightened risks of excessive weight gain and obesity. The prevalence of obesity in the US rose Continue reading...

Chapter 1:

a) The core reason behind selecting the company is too unearth the trend in the financial position as the stock has been hit hardly after its decision to shut down operations in Canada. This will help us to come up with a concrete investment recommendation over the stock. In addition, study of the independent auditor report and MD& A section of the annual report, will provide us an in-depth overview of the financial standing of the company.
b) The primary motivation of analyzing the latest annual report of the company is to forecast the stock behavior on the basis Continue reading...

Income Statement

Revenue Recognition
Revenue recognition remains one of the most important principles of accrual accounting. The principle holds that reporting of revenue must be during the period in which the revenue generation takes place. Such aids in the determination of the accounting period for which the recording of revenue and expenses must occur. According to the general rules of the revenue recognition principle, financial records ought to indicate the revenues once delivery for the exchange of goods and services is complete. In some cases, the payment of goods or services may occur in the same period of their delivery. In Continue reading...

12. What is the Current Price Index – is it rising or falling and what does this mean in terms of our inflation rate? Is there a risk of out of control inflation – why or why not?
A Consumer Price Index (CPI) is a measure indicative of changes in the price level of a basket of consumer goods and services that are most commonly purchased by households. CPI is a statistical estimate constructed on the basis of the price of some sample representative items at a particular point in time, and based on that price, all the other prices changes Continue reading...

Introduction: Poverty is usually means an insufficiency in amount. In Economic poverty usually refers to a deprivation in the income. Living pattern and the spending pattern are normally not preferred while studying poverty. This is because; the living pattern and spending pattern need not necessarily be in accordance with a person’s income.
Adam Smith, the noted philosopher and pioneer of political economy was quoted in Iceland’s book ‘Poverty in America’ as saying “not only the commodities which are indispensable necessary for life, but whatever the custom of the country renders it indecent for creditable people, even of Continue reading...

The United States Education Department caters for the assurance of quality learning for its citizens and is responsible for the proper access of all students to the same. Consequently, in 1983, the department published a report dubbed “A Nation at Risk” where a series of standardized tests showed American education levels were inadequate. In other words, the country’s education system was in peril after a gradual decline over the previous twenty years. Since then, multiple researchers revealed that Americans do not have the capacity or ability to answer the most basic information about the country and the world. Continue reading...

The Name of the Class

The Name of the School
The City and State
A progressive taxation template/framework In a progressive tax system, the rich people are taxed more than the poor people. Progressive tax promotes equality in the society because it requires those with more money to remit more taxes while those with less to pay low tax rates. The notion behind this tax is an individual’s ability to pay. The tax rates go up as income increases, and this helps to balance the burden among all groups of taxpayers (The Policy Institute, 2012pg.3).Thosethatearnhighincome are thegreatestbeneficiaries of goodroads, publichospitals, schoolsandallotherinfrastructures that Continue reading...

Sales

The BOD (Board of Directors) minutes show that the sales could have increased by 10%.However, Mr. Unum explained that the sales did not meet expectations; hence Apollo increased their prices. The decline in sales by 0.014% is due to the increased prices. Additionally, the proportion of sales in the net sales increased by 102.33% as at 12-31-2013 and by 105.32% as at 12-31-2014.The increased percentages show that there could be a misstatement in the financial records.
b. Sales Returns
The percentage change in the sales returns indicates a possible misstatement that may have occurred due to the misstatements Continue reading...

Economic parity is important for economic development

Various studies have been carried out to find out the effects of huge differences in income between people in the three social strata; the rich, the middle class and the poor. One study has shown that a huge gap in earnings between the owners of capital and the providers of labor makes it difficult for the lower classes to improve their social position as most of the gains of their work accrue to the owners of capital. A small gap in earnings between these two groups has been seen to have the effect of motivating the laborers to work Continue reading...

Various perspectives are used to arrive at a definite consensus in the analysis of income disparity among people and nations. Analysts use Gross Nation Income (GNI) and the Gross Domestic Product (GDP) of nations to compare economic activities between nations. Generally, the differences in both GNI and GDP arise due to economic, political and social factors. The factors which lead to the differences in the income of the economy can be classified as either proximate causes of growth or fundamental causes of growth. The proximate causes of growth may include innovation, education and savings (Boushey n.p). Fundamental causes of Continue reading...

Our world is full of different cultures, and each of these cultures have its unique features, its beliefs and values. Communities that share common ideas and goals can represent a certain culture, because culture goes far beyond nationality or the country of origin. In the work “Communication between cultures”, Hofstede defined culture as “the collective programming of the mind which distinguishes the members of one category of people from another” (1984, p.51). We can say that culture is a way of living for groups of people, in which they follow certain traditions and have certain views on different aspects Continue reading...

Marketing to the BOP raises a number of issues revolving around the social responsibility of marketing efforts. Write a position paper either pro or con on one of the following:
a. Is it exploitation for a company to profit from selling soaps, shampoo, personal computers, and ice cream, and so on, to people with little disposable income?
It is not exploitation for a company to profit from selling soaps, shampoo, personal computers, and ice cream, and so on, to people with little disposable income. The profit, on the one hand, is any commercial company’s goal and on the Continue reading...

Introduction

What are Corporate Tax Penalties?
Corporate tax penalty refers to the punitive tax applied on a local or federal level for deterring non-compliance, including underpayment of income tax, filing income tax return past the due date, and failing to file a tax return. In the USA, the Internal Revenue Service (IRS) has the primary responsibility of issuing corporate tax penalties at the federal level (“Publication 542-Main” 2011). State and local rules related to corporate tax penalties, however, vary, and those are executed by the state and local governing authorities.

Purpose and Scope

The purpose of tax penalty is to make sure that Continue reading...

Assumptions of the Financial Plan

A financial plan is the most important part of a business plan, in which the forecasting of revenues, income statement, balance sheet and cash flow will be included to inform that the business will create economic values in the future. A business plan without a perfect financial plan is not at all accepted, and it is unable to attract the attention of the investors towards their project. The assumptions have been distributed into two different units known as Residential Units and Rental units because the financial plan is a plan of a Real Estate Business Plan.

Following are the number of Residential and Rental projects to be completed in a year from Year 1-5

There is 20% Continue reading...

Income inequality among African American women in US

Introduction
Discrimination was a legalized part of our society for the majority of our nation’s history. Our founding fathers failed to realize that such a problem would not only arise but also threaten our status as a tolerant and supportive culture. It was only until the sixteenth President and a Civil War between the northern and southern states that would effectively end slavery. However, equality was a totally different matter. Former slaves do not get to be desk mates right away. That would take even longer and only after the assassinations of quite a few popular civil rights Continue reading...

The world is experiencing a shift in its political, social and economic realms, and it is also changing the way organizations work and the workplace. Technology, improved skills, and competencies, globalization are working towards democracy at the workplace. However, workers still don’t enjoy the freedoms they should and often have to face inequality in the workplace. The inconsistent nature of the workplace suggests that there is a need to improve social responsibility and promote equality in the workplace. The justice claims that equals should be treated equally and entitling workers to a democratic voice is a matter of Continue reading...

Information technology has reached new heights of affecting human lives more than ever to the point that the fear of human labor not being needed in many industries has become a growing concern. It seems that the point where machines are slaves to humans have been surpassed since its developments has enabled it to do the functions of humans in a relatively more desired way, at least in the point of the company’s executives employing it, since it brings the three industrial disciplines of measurement, standardization and speed into the office place. What was once seen only in Continue reading...

Simplifying the Accounting for Revenue Recognition by FASB 2

I. Background 2
II. Scope of standard 7
III. Next steps and implications for practice 8
IV. Conclusion 10

References: 12

Simplifying the Accounting for Revenue Recognition by FASB
I. Background
The elaboration of a new standard simplifying revenue recognition was one of the highest priorities of the joint IASB-FASB convergence project. The purpose of the project was defined as eliminating a range of differences between International Financial Reporting Standards (IFRS) and United States Generally Accepted Accounting Principles (U.S. GAAP). The project was initiated in 2002 on the basis of the International Accounting Standards Board (IASB) and the Financial Accounting Standards Continue reading...

Introduction

Development is not only concerned with the economic growth of a country. It is influenced by various factors. This essay will critically and comprehensively address several issues including the problem associated with measuring a country’s development using the indicators of wealth. Moreover, it will indicate the extent at which countries with similar average income differs from each other in welfare of their citizens. Nonetheless, the paper will address my opinion about the definition of development as expounded throughout the essay.

Question 1

Development cannot be determined by indicators of wealth only because it is influenced by basic ingredients. Real development Continue reading...

Introduction

The company chosen for this assignment is Guinness Anchor Berhad (GAB). The reasons for picking this company is due to its ability to adopt new business models in the ever competitive beer and breweries industry. Secondly, despite the effects of the world economic recession that has hit many companies within the industry, the company has been registering an increasing growth in its annual income.
Guinness Anchor Berhad (GAB) is Malaysian Multinational Corporation that was established as a merger between Malayan Breweries (Malaya) and the Guinness Malaysia Bhd in the year 1989. The company trades its shares on the Malaysian Continue reading...

Introduction

The cost of university and college education has increased significantly. For the past several years in the United States, the increase in tuition has exceeded more than the inflation rate by two to three percent annually. As observed, college tuition fees have increased at an average of 7% annually, which is more than double the average annual inflation rate of 3.22%. When compared with other commodities and services, tuition fee has increased more than 500 percent in the past 28 years as compared to 286 percent increase in medical costs and a 121 percent increase of the consumer price Continue reading...

SUMMARIZE, OF THE ARTICLE

An article that was written by Rudzik (2012) sought to establish the Experience and Determinants of First-Time Breast-Feeding Duration among Low-Income Women from São Paulo, Brazil. The article sought to find out the factors that make first time mothers breastfeed their children exclusively on breast milk 12 weeks postpartum and factors that make first time others switch from exclusively breastfeeding their infants 12 weeks postpartum to supplementing the infant with non-breast foods. The researchers undertook the study in low-income populations to find out if the findings of the study will be consistent with findings from similar studies carried Continue reading...

1. INTRODUCTION

In this paper we consider the basic techniques of statistical analysis and probability theory regarding to a real-world problem.

This report aims to build a demand function for quantity of travel in Ruritarnia, (using data set for Ruritania 1985 to 2014). We are interested in the factors which have a significant effect on the quantity of travel demanded. For this purpose we adopt a traditional Marshallian demand function Qd1 = f(p1,p2,Y). This implies that the quantity demand for any good is a function of its price, the price of other goods, and the income level. That’s why the goal of the analysis is to understand the character of association between the quantity of Continue reading...

M.B.C Tax Consultants
1234 – 0090

New York
456-890
5th Avenue
Hillpark
Dear Sir
REF: TAX LIABILITY IN SALE OF BUILDING AND PURCHASE OF CO-OP UNIT SHARES
Scenario 1
With the intentions of making a sale that will amount to the offer by the client for $850,000, it will be very implicit that the client will be liable for income tax on the gains made from the sale of the assets. The data that you have provided, records that the property/ building was bought at the price of $500,000, subject to the accounting, provision in the IRS (2015) Continue reading...

Introduction

One of the most important phenomena of our time is globalization. This is a process of global economic, political and cultural integration and unification. The labor market is a major subsystem of the economy and is one of the most reliable indicators of its changes. Relevance of the study of the global labor market in the context of globalization is defined as the significance of the subsystems of the labor market for a modern market economy. It is important to understand how globalization affects the changes that have occurred over the past twenty years in the global economy, as Continue reading...

About the company

Walmart Inc, is an American Multinational retail corporation that operates a chain of grocery stores around the globe. Founded in the year 1962, Walmart Inc. is the largest company in the world in terms of revenue and also the largest employer with workforce headcount of two million people. At present, the company has 11000 stores in 71 countries under different operating names.

Financial Analysis

In this section, with the objective of unearthing the financial standing of the company for the past two years, we will be using analysis tools such as Vertical Analysis, Horizontal Analysis and Ratio analysis. Below discussed is Continue reading...

About the report

The main purpose of this report is to conduct an in-depth financial analysis of Greggs PLC so as to evaluate the stock for evaluating any hidden trade opportunity. For this purpose, we will be conducting the horizontal analysis of the financial statements and will also frame pro-forma financial statements of the company. In the very last section, we will carry out a comprehensive ratio analysis of the financial statements of the company for past two fiscal years.
We are sure that by the end of this report, we will be able to arrive at a concrete conclusion, i.e. if Continue reading...

Taxable Income: Issues

Earlier this week, I met a client, Mr. Murray who was suspended and demoted from his position by his employer on grounds that he had notified authorities of illegal environmental activities at the workplace. He was later dismissed and the employer refused to write him a letter of recommendation. He consequently sued his employer and won. He received payments for damages to his personal as well as professional image and his mental ordeal.

Issue

The issue here is whether Mr. Murray should receive taxation for his damages to professional and personal image and for the compensation on mental suffering. Mr. Continue reading...

Introduction

Poverty is a social problem and defines a state of an individual being inferior and extremely poor. This kind of social problem is a societal induced circumstance that has a negative impact in any section of the population. In addition, the social problem is associated with conditions and acts that violate the values and norms that make a society. From sociology perspective, the social problem is the difference between the subjects of society or culture that threaten the lives of social groups. The Social problem arises as a result of the occurrence of a substantial difference between morals in Continue reading...

20 Richest Countries in the World
Gross National income (GNI) is one of the most widely used metrics for assessment of economic development of different countries as well as average income of their residents. GNI is total value of all goods and services, produced by residents of particular state within one year. Technically, GNI is GDP less net taxes on production and imports, less compensation of employees and property income payable to the rest of the world plus the corresponding items receivable from the rest of the world (in other words, GDP less primary incomes payable to non- resident Continue reading...

I attended an ignition conference on the inflation rate and the increasing tuition rate in colleges. It related to my class in that both tried to compare the level of income and the economic mobility. Economic mobility involves a family, an individual, or some other group to improve their economic status measured by income (Beach 99). Its measurement requires the movement between the income quantiles. It is a social mobility measured by a change in income. Economics concerns more with an individual ability to create revenue measured in income instead of true wealth.
Through people trying to lower their Continue reading...

Question 1

According to FedEx Corporation, its strategy for success is to make it convenient for customers to use the full range of FedEx services through the use of advanced information systems. This means the company mainly relies on operational excellence customer value proposition through its different business segments. For example, through its FedEx OneCall program, the company assigns a single customer service agent to handle virtually all issues of a customer’s account.

Question 2

FedEx Corporation’s four main business segments include: FedEx Express, FedEx Ground, FedEx Freight and FedEx Kinko.
FedEx Express provides express delivery of packages and documents to Continue reading...

Introduction:

Poverty in America has been viewed as a national concern and challenge. Even as the economic status of the country show signs of progress and improvement where the poverty levels off, there are still data from the census that the gains of the economic development are uneven, or is not affecting those who are at the lowest level of the society. Not all segments of the populations are positively affected by the current economic turnaround. In fact, there is increasing number of people that falls into the level of the lowest-income group. The poverty among single mother families is Continue reading...