Well to begin with what is government? Government is where the executive leader who is usually a prime minister and cabinet is picked by and responsible to the legislature, as well as being members of the legislature. Well I’m not so much sure what kind of balance of government is best for me, but I do have a little bit of thoughts on it. The government of the state of Texas is a difficult and complicated institution that is composed of many different levels. The question comes in to everyone's mind at one time or another whether or not to trust the government. It could be that people believe that the officials will take advantage of their power, or simply people don't like the idea of being controlled by someone who is not a family member or friend. To avoid this centralized power, the government is divided into stages and this is a reasonable ground for trusting the government. The division of government consists of executive, legislative, and a judicial. They are all gathered in the hands of a single agency. Government runs this state and it does deserve to be trusted not that I trust it so much, but it does deserve to be. The difference in the U.S. Government at it's founding vs. today in reference, to the idea of small vs. big government. The Government originally had only concern with the Military, tariffs and all forms of Foreign relations Today the government regulates all aspects of a persons life. Tax, the redistributation of wealth, healthcare and have a strong…
A balance sheet is a statement of a firm's assets, liabilities and owners' equity at a specific date (i.e. it is a "snapshot" of the financial strength of a business at a particular moment in time).
It summarises the financial state of the business at that date. When added together, the liabilities and owners' equity represent the sources of capital (i.e. it tells us where the money came from) and the assets represent the uses of the capital (i.e. it tells us how the money was spent)…
This experiment was conducted with the intentions of showing that the measuring of inertia is separate from gravitational forces, as well as, to use inertia to measure the mass of the given objects. This lab was also to insure that the inertia mass of the objects is the same as the gravitational masses. IN this lab we will answer the question “what is the unknown mass?”Inertia is the resistance to change in its state of motion; an example could be a moving car. There are a couple…
company selected was 3M Corporation (MMM) with its most recent complete year being Dec. 31.2012.
Most of the financial data that is entered in this worksheet comes from finance.yahoo.com in one way or another. The Income Statement, Balance Sheet, and Statement of Cash Flow are easily identified as links at the bottom of the left column of the main page. The number of shares outstanding comes by looking at the 10-K that is filed with the Securities and Exchange Commission. Click on the…
The balance sheet
The objectives of this chapter are to:
explain the nature and purpose of the ‘entity’ concept;
define the major components of a balance sheet;
identify and explain the ‘accounting equation’;
outline the relationship between ‘assets’ and ‘sources of finance’ as disclosed in
the balance sheet;
explain the impact of individual transactions on ‘net assets’ and ‘owner’s
capital’ contained in the balance sheet;
demonstrate the impact of profit…
MAY 4, 2014
I am writing this paper today so that we can get to know more about balance sheets. First of all I would like to discuss my pleasure in how one day I would like to be a entrepreneur and open a store that sell sneakers are a business that is in that type of field. So in order to open a store you would need to keep a record of my financial sheets which has my balance statement in my folders as well. Most…
liability, owner’s capital, and revenue accounts.
3. a. Assuming no errors have occurred, the credit balance in the cash account resulted from drawing
checks for $1,850 in excess of the amount of cash on deposit.
b. The $1,850 credit balance in the cash account as of December 31 is a liability owed to the bank. It
is usually referred to as an “overdraft” and should be classified on the balance sheet as a liability.
4. a. The revenue was earned in October.
b. (1) Debit Accounts Receivable and credit…
Grand Canyon University NUR-614
September 16, 2015
The acid base balance is a homeostatic process that aides the body in maintaining a pH in the arterial blood between 7.35-7.45 (Patient, 2015). The body works together through multi-systems to ensure that acidity or alkalinity never take over within the blood. The purpose of the following paper is define the classification of the acid-base balance, define the factors from the case study,…
Similarities of the Ancient Roman Government
and the American Government
Have you ever thought that the U.S. government is easily comparable to the Roman's version of government? Maybe that's because the U.S. government is roughly parallel with the Ancient Roman Government. The Romans did not have a constitution, like us Americans, but their division of executive, legislative, and judicial branches is similar. The Roman government served as a template for the American government. As you read further, you…
STEEPLE and Balance Scorecard
April 27, 2014
Anthony Bretti, Instructor
When a firm uses an external consultant to solve a problem or evaluate an opportunity the consultant can use STEEPLE (social, technological, economic, environmental, legal, and ethical), which is a preliminary analysis technique to answer why the business organization or systems exist (Wickham, & Wickham, 2008, p. 128). This analysis the consultant preforms…