What is hypnosis Essay Example

What is hypnosis Essay Example What is hypnosis Essay What is hypnosis Essay It is actually a social interaction in which one person suggests to another that certain perceptions, feelings, thoughts, or behaviors will spontaneously occur. Many people have questions such as: â€Å"Who can experience hypnosis? † â€Å"Can it enhance recall of forgotten events? † â€Å"Can it force people to act against their will? † â€Å"Can it help people heal or receive their pain? † Is it harmful or helpful, and etc. What do you think? Who can experience hypnosis? To an extent we are all open to suggestion.If one was standing upright, with eyes closed, and is told that they are shaking your right hand, most will start to shake your right hand. People who respond to suggestions without hypnosis are the same people who respond with hypnosis. Hypnotic ability is the ability to focus attention totally on a task, to become imaginatively absorbed in it, to entertain fanciful possibilities. Can it enhance recall of forgotten events? Most people believe t hat our experiences are in our brain and we can recall them by breaking through defenses.Sixty years of research proves that this theory is wrong. We do not â€Å"soak in† everything around us. We permanently store only some of our experiences. â€Å"Hypnotically refreshed† memories combine fact with fiction. Since 1980, UFO abductions have been reported by thousands of people who are predisposed to believe in aliens, are highly hypnotizable, and have undergone hypnosis. Can hypnosis force people to act against their will? Researchers have enticed hypnotized people to perform dangerous acts such as; putting ones hand into acid, then throwing the acid in a researchers face.The hypnotized being later denied their actions, and stated that they would never follow such orders. Martin Orne and Frederich Evans Hypnosis unleashed that they used a control group. Orne asked individuals to pretend they were hypnotized. The laboratory assistants were unaware, so they treated both groups the same. The result of the experiment was that all the unhypnotized participants performed the same acts as those who were hypnotized. Can hypnosis help people heal or relieve their pain? Hypnotherapists try to help patients connect their own healing powers.Posthypnotic suggestions have helped alleviate headaches, asthma, and stress-related skin disorders. In one statistical digest of 18 studies, the average client whose therapy was supplemented with hypnosis showed greater improvement the 70 percent of other therapy patients. Hypnosis seemed especially helpful for the treatment of obesity. However, drug, alcohol, and smoking addictions have not responded well to hypnosis. In controlled studies, hypnosis did speed the disappearance of warts, but so did the same positive suggestions given without hypnosis.Hypnosis can relieve pain. When unhypnotized people put their arm in an ice bath, they felt intense pain within 25 seconds. When hypnotized people did the same after being g iven suggestions to feel no pain, they indeed reported feeling little pain. As some dentists know, light hypnosis can reduce fear, thus reducing hypersensitivity to pain. Hypnosis inhibits pain-related brain activity. In surgical experiences, hypnotized patients have required less medication, recovered sooner, and left the hospital earlier than unhypnotized control patients.Nearly 10 percent of us can become so deeply hypnotized that even major surgery can become so deeply hypnotized that even major surgery can be performed without anesthesia. Half of us can gain at least some pain relief from hypnosis. The surgical use of hypnosis has flourished in Europe, where one Belgian medical team has performed more than 5000 surgeries with a combination of hypnosis, local anesthesia, and a mild sedative. Hypnosis as a Social Phenomenon Our attentional spotlight and interpretations powerfully influence our our ordinary perceptions.Might hypnotic phenomena reflect such workings of normal consc iousness, as well as the power of social influence? Advocates of the social influence theory of hypnosis believe they do. Does this mean that subjects consciously fake hypnosis? No, like actors caught up in their roles, they begin to feel and behave in ways appropriate for â€Å"good hypnotic subjects. † The more they like and trust the hypnotist, the more they allow the person to direct their attention and fantasies. †

Gender Research Essays

Gender Research Essays Gender Research Essay Gender Research Essay Women and the world they live (d) in: Every society has pre-defined roles for men and women-Men are the bread-winners, the decision makers and the aggressive half whereas women are the procreators, the executors of the man-made decisions and the demure, passive half. The obvious sex difference has translated and now is firmly rooted as the gender difference that manifests itself in the roles that men and women are supposed to play. For a long time women have been confined to homes (sometimes it was a voluntary decision) and they have been expected to bring up children and take care of other social and societal obligations. But as the world evolved and the revolutions ensued women began to look beyond their homes for a life. This, obviously, caused quite a flutter among the puritans who still desperately clung on to the belief that the hand that rocks the cradle should not be paid. Transgressing from the unwritten rules of male female role-play was blasphemy the conservatives cried. But thanks to courageous women like Joa n-of –Arc, who led the French army against the British, women found a new life that led to avenues and careers they never thought existed. Now, a couple of centuries after women first began working there is a general if not grudging acceptance to the idea of working women. Women today are scaling new heights, setting higher goals and are climbing the corporate ladder. The working woman has finally arrived. : What women really want? Most women who venture out to start a new business face three major problems. First they have a difficult time raising capital for their business because most loan providers are skeptical of a woman run business. Second, they have to find a balance between home and work. This is a unique problem for women who run their business (other working women who are employed face this problem to a lesser degree) as it entails being at the helm of affairs (read crises) at work and running a perfect household as well. The third challenge for business owners is to be taken seriously by their peers; on the face of it the issue seems a petty one but then any business owner needs the acceptance from the peer group-it gives them a sense of pride and satisfaction. The lack of such respect could also have a severe damaging effect on the business as the non-acceptance by competitors may translate to consumer wariness towards the product. Women on top: As more and more women began to join the workforce there was a need to do more than just work for somebody. Women started to take risks and start their own ventures. Most such ventures started out very small and most of these women wanted little more than to fulfill their creative potential or meet a basic need. But as time passed by and their businesses flourished they began to move beyond the comfort zone and expand their businesses. These are the women who have made their sisters believe that they too can. One such enterprising woman, touted as the most successful woman in the twentieth century, was the founder of Mary Kay Cosmetics Mary Kay Ash. Embittered by the male-dominated workplace where she was repeatedly denied promotions she launched her own cosmetic store with the help of her son and the rest as they say is history. The company became one of the largest cosmetic products manufacturers ever. Anita Roddick, Madame C.J.Walker, Coco Chanel and Estee Lauder all discovered op portunities in their problems and went on to make a name for themselves in the beauty and fashion business. Debbie Fields made her chocolate chip cookie a national dessert rage when she decided to start selling cookies at age 20 to earn just a little extra. Kiran Mazumdar Shaw, the founder of Biocon, also braved all odds to become the most successful (and the richest) woman entrepreneur in India. Their stories are all different but all of these enterprising women have what the Ernst and Young survey called the Top Qualities required to make an effective entrepreneur-resourcefulness, hard work, creativity and risk taking ability. These women recognized disguised opportunities and made the most of them. But more importantly they have shown other women (and men) that their dreams were not impossible. Women in the corporate world: Unlike their counterparts in the entrepreneurship arena the corporate women seldom make it to the top in their offices. The number of women on the board of directors is abysmally low in most companies. However, in recent years, the number of women making it to the elite panel of directors has steadily been on the rise. There were 10 women CEOs in the Fortune 500 companies in Apple, Accenture and Coca-Cola all ushered in female directors on board in the last couple of years. PepsiCo elected Indra Nooyi as the CEO in a landmark move. Brenda Barnes is CEO of Sara Lee; Anne Mulcahy heads Xerox and Janet Robinson leads New York Times. The number of women at the helm of affairs in major companies is testament to the under recognized managerial capability of women. These women too are standing examples for millions of women across the world of what can be achieved. Is gender bias really transgressed? Women face discrimination. It is a statement tacitly agreed upon in office corridors and living rooms alike. They face discrimination right from the entry point to the final destination. Most women complain about being bypassed for jobs simply because the company cites security being a reason for the job on hand-positions that demand graveyard shifts and frequent travel are examples. Once they do land a job the real nightmare begins. A woman has to work twice as hard as she has to overcome the stigma, which proclaims women as inferior workers. Also the incidence of sexual harassment by male colleagues and superiors is alarmingly high (most of them, sadly, go unreported). Women also face a predicament when they are put in-charge. Although she is an authority the woman is more likely to deal with non co-operative male subordinates. The road to the top of an organization for a woman employee or the time at the top for a female entrepreneur is rather tenuous and difficult. Besides all th is Most Women put up a glass ceiling for themselves. They begin to find solace in secure positions at work and opt out of the race in the early stages because they think that they cannot find a balance between the family and professional lives. This fabled glass ceiling needs to be shattered before they blame the opposite sex for coming in their way-they have to believe in their abilities and move forward purposefully.

Business Types and Key Influences

Business Types and Key Influences Free Online Research Papers In basic terms a business can be defined as an entity that provides merchandise and services to others who wish for or require them. When starting a new business, the first thing that must be considered is the ownership structure. Will the business be a corporation, a partnership, a sole proprietorship or a limited liability company? Which one of these types of ownership will suit the business depends on the type of trade and the needs of the venture. The success or failure of a business largely depends on the governance and operational methodology of the owners, stakeholders, managers and employees. These methodologies are fundamentally influenced by key factors such as economic impact, governmental manipulation and legal aspect. The purpose of this memo is to look at the types of businesses and key influences that affect the way business is conducted at Riordan Manufacturing, Haffman Trucking, Kudler Fine Foods, McBride Financial Services, The Elias Group, and Smith Systems Consulting. Riordan Manufacturing Riordan Manufacturing, Inc. is in the business of plastic injection molding. Some of their products are plastic bottles, fans, heart valves, medical stents and custom plastic parts. The company is entirely owned by Riordan Industries, Inc. and has facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China. Riordan Manufacturing employs 550 people and has projected annual earnings of $46 million. (University of Phoenix, 2006) Business Type The name Riordan Manufacturing, Inc. indicates that the company is a corporation, and the balance sheets and income statements provide the clarification that the company is a C corporation since it has paid and is liable to pay corporate taxes. (University of Phoenix, 2006) According to Pratt (2001), â€Å"To the IRS, a C corporation is a separate taxpayer.† (p. 50) Key Influences Riordan Manufacturing is impacted by all three key influences as mentioned in the table. Below are the explanations of the influences. Economic Influence. Under the economic influence, Riordan Manufacturing is affected by GNP and GDP growth rate. Raymond (2004) explains, â€Å"The GNP and GDP are fairly close, differing mainly in whether non-U.S. residents in the United States or U.S. residents outside the United States are included in this calculation. GNP includes the value of goods and services produced by nonresidents located within the United States but excludes the value of those services and goods produced by U.S. residents working abroad. GNP excludes the former but includes the latter.† (para. 6) Since Riordan Manufacturing is producing goods inside and outside of the United States, both GDP and GNP would directly be affected by the growth of the company. â€Å"Maximum production signifies economic growth, or increasing the total amount of goods and services produced by the American economy.† (Raymond, 2004, para. 6) The second factor is the inflation Rate. Inflation rate is the rise in percentage in prices of goods and services. This phenomenon usually occurs when the demand for goods and services is higher and the supply is weak. If the supply of the raw material required by Riordan Manufacturing is feeble, it would have serious impact on the production which in turn would have unconstructive bearing on the relationship with their clients. Another view is that if the cost of the raw material is high it would have a direct negative bearing on the profit of the corporation. Since Riordan Manufacturing is a manufacturer and supplier, inventory levels play a significant roll in the business practices of the corporation. The company needs to have a certain amount of inventory in stock so that the customer orders are not negatively affected due to any delay in production. This leads to the next influence which is consumer confidence. For any business consumer belief is the most important and essential aspect of the trade. If the customers are not satisfied with the products, the consequence would be dreadful for the business. The scenario is no different for Riordan Manufacturing who works hard to exceed the ISO 9000 standards. ISO 9000 standard according to International Organization for Standardization (2009) website is the standard for quality management system. The last economic influence is currency exchange rate. Since Riordan Manufacturing also has a facility in China that produces fan blades and fan housing, the currency exchange rate could have a good or bad affect in terms of expenses and profits in US dollars. Government Influence. A few government influences also affect the trade practices at Riordan Manufacturing. The US government regulates almost every aspect of the manufacturing industry which impacts the production at Riordan Manufacturing. From the disposal of waste and bi-products to the emission of gases from the manufacturing facilities; everything is directed by laws and standards. These parameters affect the operational cost of the corporation since it has to monitor constantly and maintain the equipment and machinery at the factories and also take measures to abide by the regulatory procedures. Since Riordan Manufacturing is a C corporation, it has to pay income taxes on the profits gained. Higher tax rates mean more taxes have to be paid and would affect the overall profit. Legal Influence. The current federal minimum wage for non-exempt employees is $6.55 per hour. (United States Department of Labor, 2009) Riordan Manufacturing has 550 employees and it has to make sure all the employees are paid at least the minimum wage as stated by the federal and state laws. University of Phoenix (2006) states, â€Å"there have been no attempts by any union to organize the facility; however, there are rumors that an organizing drive may be focused on the plant during the next 12 months. While the company has officially agreed to remain neutral if there is an organizing campaign (as required in its vendor agreement), unofficially, company officials are opposed to unionization and would prefer to stay union-free.† (para. 10) If a union is organized at Riordan Manufacturing, the company will have to abide by all the union regulations which could mean higher pay rates and benefits for the employees; that could affect the profits gained. Environmental protection laws are designed to protect the environment and public health. (Environmental Protection Agency, 2009) These laws regulate emissions and waste disposal methods that directly affect Riordan Manufacturing because during the production of its products, gases and waste is generated, Huffman Trucking Huffman trucking is a national transportation company that employs 1,400 employees, and has logistical hubs located in Los Angeles, California, St. Louis, Missouri and Bayonne, New Jersey. Huffman trucking has its central maintenance facility in Cleveland, Ohio. The company’s expected revenues for fiscal year 2004 is more than $6 million. (University of Phoenix, 2005) Business Type University of Phoenix (2005) states, â€Å"Huffman Trucking continued to grow from internal sales and the acquisition of five Eastern regional carriers. This growth has enabled Huffman Trucking to continue to be privately held.† (Para. 3) As per the balance sheet and income statement, the company has not paid any income tax or is not liable to pay any income tax. (University of Phoenix, 2005) These facts show that the company is a sole proprietorship. Key Influences The business practices of Huffman trucking are shaped by all the key influences that are explained below. Economic Influence. Under the economic influence factor, Huffman Trucking is affected by inflation rate. University of Phoenix (2005) states, â€Å"Fuel and labor are significant elements of cost that impact profits. The challenge to Huffman is to determine when fuel and labor costs have risen to the point that they should pass them on to the customers.† (para. 10) Apparently from their own words, it can be confirmed that inflation rates have direct impact on the profit of the company. Government Influence. Even though the transportation industry is practically deregulated today, there are still some states that have strict regulations governing the trucking business. â€Å"Federal law still requires new carriers to apply for certificates of public convenience and necessity. All tariffs must be filed with the commission. Most states continue to enforce strict entry and price controls on intrastate carriers. These controls cause inefficiency. One result is that in some cases, shipping products from overseas is cheaper than shipping the same goods within the United States. Shipping blue jeans from El Paso, Texas, to Dallas, for example, costs about 40 percent more than shipping the identical jeans from Taiwan to Dallas.† (Moore, 1993, para. 20) Legal Influence. The transportation industry is usually prone to unions and Huffman Trucking is no different. Since there is an organized drivers union at the company, it has to abide by the union laws and regulations. Kudler Fine Foods Located in San Diego, metropolitan area, Kudler Fine Foods is an upscale specialty food retail store that sells domestic and imported food items. The company has a store in Del Mar, California and Encinitas, California. (University of Phoenix, 2007) Business Type From looking at the company’s financial statements and balance sheets, it is pretty clear that there is only one owner and the company doesn’t pay any income tax. This fact proves that Kudler Fine Foods is a sole proprietorship. A Sole Proprietorship is a legal entity where the business is the same as the owner. (University of Phoenix, 2008) Key Influences Economic, governmental and legal key influences that concern the business routine of Kudler Fine Foods are described below. Economic Influence. Since Kudler Fine Foods is in the retail business, inflation rate plays a major role in its business model. With a high inflation rate the cost of purchasing a product for retail would go up which means that the cost would eventually have to be passed down to the customers. This chain of events would drive the customers away from the stores, affecting the profits. The inventory levels have to be strictly monitored. Since the business is related to food that can only be stocked for so long after which it has to be discarded. So, to keep the wastage low only a limited amount of inventory needs to be purchased. The quality, cleanliness and service have to be top class in any food business. This implies that for customer confidence and satisfaction, the quality and service needs to be constantly scrutinized. Government Influence. Food businesses are closely monitored and strictly regulated by the US Department of Health and Human Services. The Food and Drug Administration branch of the US Department of Health and Human Services strictly controls the businesses that are related to foods and drugs. â€Å"The FDA is responsible for protecting the public health by assuring the safety, efficacy, and security of human and veterinary drugs, biological products, medical devices, our nation’s food supply, cosmetics, and products that emit radiation.† (United States Food and Drug Administration, 2009, para. 1) Along with domestic products, Kudler Fine Foods also retails imported food products. This subjects the company to import tariffs and quotas. Legal Influence. Kudler Fine Foods has to regularly monitor the federal and state minimum wages law since it has employees working on minimum wages. This fact also drives down the profit as the minimum wages are increased by the government. McBride Financial Services McBride Financial Services is a fairly young regional mortgage lender based in Boise, Idaho. The company plans to spread out its venture to Wyoming, Montana, North Dakota and South Dakota. It caters to professionals, retirees, families and individuals looking to purchase either a primary or secondary residence or recreational properties. (University of Phoenix, 2005) Business Type Though not much information is provided about the formation of the company, it is apparent from the name that the company is owned by a single individual. In addition, there is no mention of the tax expenses in the Pro Forma Budget. Hence, McBride Financial Services is a sole proprietorship. Key Influences. McBride Financial Services is impacted by all three key influences that are explained below. Economic Influence. Since McBride Financial Services is in the financial business that lends money, it is hugely affected by the interest rate. The profit margins are solely dependent on the interest rate that a property is financed at. Higher interest rates mean higher profit margins. The other key economic influence is the monetary policies. The regulation of interest rates and the supply of money to control inflation and stabilize the currency is termed monetary policy. (InvestorGuide, 2009) This policy has direct affect on the financial institution and McBride Financial Services being in the financial services business is precisely influenced by it. Government Influence. Although monitored by the SEC, Until 2009 the banking and finance industries were very vaguely regulated. This allowed the financial institutions the freedom to practice their own business methodology. But, due to the current economic situation fueled by the unethical practices of the finance industry, the government has set forth new regulatory laws which McBride Financial Services has to adhere to. Legal Influence. McBride Financial Services has to abide by the antidiscrimination and fair credit reporting act based on the services that the company is providing. The Elias Group The Elias Group is a non-profit organization that provides consultation services and assists businesses that desire to contract with the United States government. The organization also provides grants to support academic and professional research. (University of Phoenix, 2004) Business Type Since The Elias Group is a nonprofit organization and there is not too much information available regarding the company’s finances, I would guess that it is an S corporation since this is the best way to incorporate a nonprofit company in terms of the tax exemption laws. (University of Phoenix, 2008) Key Influences Being a nonprofit organization, The Elias Group is not concerned by most of the key influences. Explained below are the ones that do influence the company. Economic Influence. The expenses and operational costs are paid by contributions from businesses and individuals. If the unemployment rate is too high, the amount of contribution drops, affecting the operations of the organization. Government Influence. Grants from the government is another major source of revenue required to run the organization. Government debt and budget deficit could shrink the grants from the government which would have adverse results on the functions of The Elias Group. Smith Systems Consulting Smith Systems Consulting is an IT consulting firm that specializes in software and website designing, developing, hosting and maintaining. It also offers database and IT support services. (University of Phoenix, 2004) Business Type As the name SSC, Inc. implies, Smith Systems Consulting is a corporation. Since no information is provided regarding the company’s finances, it is hard to determine what type of corporation it is. Since it is specified in University of Phoenix (2004) that there are 5 partners, it gives an impression that the firm is an S corporation because an S corporation has more tax benefits as oppose to a C corporation. (University of Phoenix, 2008) Key Influences Consulting firms providing IT services are usually not subjected to too many key influences. A few are specified below. Economic Influence. Since Smith Systems Consulting is in the services business, the factor of utmost importance affecting their business practices is consumer confidence. The firm has to work diligently to provide the best quality service to its clients in order to gain customer confidence and keep the consumers satisfied. Legal Influence. In IT development and programming business, copyright and patent laws play a crucial role in how the business is conducted. Smith Systems Consulting has to make a conscious effort not to use source code from any other software company or programmer. Conclusion In conclusion, there are a few key influences such as payroll taxes, political climate, political stability and discrimination laws that apply to the business practices of all types of organizations. Any firm that employs at least 1 employee has to deal with payroll taxes. The political climate and stability is important because if the conditions in the country are not suitable no business can thrive. Lastly, today no firm is exempt from discrimination laws due to the diversity in the workforce and variety in the customer base. Research Papers on Business Types and Key InfluencesMarketing of Lifeboy Soap A Unilever ProductPETSTEL analysis of IndiaInfluences of Socio-Economic Status of Married MalesDefinition of Export QuotasBionic Assembly System: A New Concept of SelfThe Project Managment Office SystemTwilight of the UAWOpen Architechture a white paperThe Effects of Illegal ImmigrationAnalysis of Ebay Expanding into Asia

Homeless Children Paper Research Example | Topics and Well Written Essays - 750 words

Homeless Children - Research Paper Example They are inadequately protected and are vulnerable to exploitation, victimization and their economic and civil rights are at a high risk of abuse. These children are continually neglected and abused especially due to the existing international indifferences to this problem. Homelessness denies the children their rights, according to the Article 27 of the Convention of the Rights of the Child, which declares that every child has a right to mental, physical, moral, spiritual and social development (Kanth, et al., 1-3). Homelessness is common in urban areas, domestic violence being one of the major causes. This forces women to move to the streets with their young children. The HIV and AIDS epidemic together with civil wars have led to increased number of street children in Africa because many children have been orphaned. Poverty is also another factor that has forced many families into streets, especially in the developing countries. In addition to this, effects on economic, political a nd social crises of a country also contribute to increased street children, because these effects are more severe on children than on adults (Vostanis and Cumella, 18-19). According to USAID, homeless children can be divided into four categories the first one being that of ‘A Child of the Streets’. These are children who move from place to place and have no homes or support from their families. The second category belongs to ‘A Child on the Street’. These children have homes and they regularly visit their families but spend most of their days in the streets due family issues like poverty and physical abuse at home. Then there is the category of those who are ‘Part of a Street Family’. These children live with the rest of their family members in the Streets because of displacement from their home areas. This may be due to such factors as poverty, domestic violence, natural disasters or war. The fourth category belongs to children ‘In insti tutionalized Care’. These are children who were previously homeless, but have been placed under the care of certain institutions – they are at risk of going back to the streets (Kanth, et al., 3). As Hart points out, homeless children usually have more needs and problems as compared to other housed children. Since they live in insecure places, problems related to development and physical health is common among them. This leads to developmental delay. They also experience emotional and behavioural difficulties like, eating problems, anxiety, reacting more intensely when upset, over-activity, depression, self-harm, sleep disturbance and aggression. Their academic performance is poor as a result of both the circumstances of their homelessness and poor cognitive development. Hart further explains the health status of these children being at risk, hence suffering from health problems like increased rates of respiratory infections, infectious diseases, chronic, anaemia, and sexually transmitted diseases including HIV, and stunted growth due to poor nutrition. They are also exposed to poor environmental factors, which contribute much to their poor health. Lead poisoning and asthma are some of the greater risks exposed to these children and with very severe symptoms as compared to their peers. Developmental delays are common in the pre-school children with about 75% of the children under the age of five years having this problem and mostly in the areas of speech or impulsivity (Hart, 4-6). As a result of stressful events, mental disorders become

Financial Management assignment 1 Essay Example | Topics and Well Written Essays - 1500 words

Financial Management assignment 1 - Essay Example Long-term lenders will also be interested on the long-term profitability of the organization. Stockholders will be interested on shareholder ratios like return on equity, earnings per share, and dividend yield. These ratios became the sole measure of the profitability of the stock. Stockholders also look at the company's leverage through its debt to assets and debt to equity ratios. Companies which are highly dependent on debt faces higher risks. Question 5. a. Monthly Schedule of Cash Receipts Cash Receipts for April From Sales (10%) $7,500 Collection March (60%) $42,000 February (30%) $18,000 Total $67,500 Cash Receipts for May From Sales (10%) $9,500 Collection April (60%) $45,000 March (30%) $21,000 Total $75,500 Cash Receipts for June From Sales (10%) $11,000 Collection May (60%) $57,000 April (30%) $22,500 Total $90,500 b. Accounts Receivables at end of June May (30%) $28,500 June (60%) $66,000 Total $94,500 Question 6. A Company (LIFO) Value of Cost of Goods Sold 100 units @ $12 each $1,200 200 units @ $11.50 each $2,300 100 units at $10.50 each $1,050 Total $4,550 Value of Ending Inventory 100 units @ $10 each $1000 100 units @ $10.50 each $1050 Total $2050 Z Company (FIFO) Value of Cost of Goods Sold 100 units @ $10 each $1000 200 units @ $10.50 each $2100 100 units @ $11.50 each $1150 Total $4250 Value of Ending Inventory 100 units @ $11.50 each $1150 100 units @ $12 each $1200 Total $2350 Question 7. Tall Tree Percentage of Sales Table $300,000 Sales Assets Liabilities Cash 5% Accounts Payable (90) 30% Accounts Receivable 30% Notes Payable (30) 10% Inventory 20% Accrued Expenses (7.5) 2.5% Currents Assets 55% Current Liabilities 42.5% Equipments 25% Common Stock (127.5) 42.5% Total

Master of science, financial engineer personal statement

Master of science, financial engineer - Personal Statement Example One of the reasons I studied engineering is due my excellent quantitative abilities. I scored a perfect 800 on the math section of the GRE exam. Despite my background in engineering I have realized that pure engineering work might not be what I desire to do with my life. My love for math can be put to better use in a related field. I am interest in applying for the master’s degree program in financial engineering. I want to pursue a degree in financial engineering because this is a growing field that has plenty of jobs available due to the fact that there is a shortage of professionals trained in this field. My background in engineering will only enhance my ability to visualize how to apply finance to optimize the efficiency of an engineering project. All engineering projects require the assistance of accountants and financial people. As a financial engineer I can become the bridge that connects the engineering and accounting/finance departments. My technical expertise in engineering will enable me to speak the language of engineers, while at the same time being able to communicate effectively with the managers and financial people. Upon further researching the salary potential of electrical engineering I realized that even though engineers are paid a very competitive salary which hovers around $60,000 starting out, the field of financial engineering is much more rewarding. The average starti ng salary for a financial engineer is $80,000 to $90,000. Investing an extra two years of my life pursing a graduate degree in financial engineering is an investment that will provide me with a tremendous return on investment. Along with the financial incentive one of the primary reasons that I want to study financial engineering is because the type of work performed by financial engineers is more personally rewarding to me. I love performing pure math and working with numbers. My college counselor told me that based on my math

The Global Drug Trade Essay Example | Topics and Well Written Essays - 1250 words

The Global Drug Trade - Essay Example The global narcotics traffic once contained to Europe and America, exploded as heroin production shifted to the South-East Asian market. The once straightforward drug route of Marseille-New York shifted to a complex web of global trafficking that â€Å"tied rising First World consumption to spreading Third world production† (McCoy 2003). On the supply end, developing countries were undergoing economic hardship and people were searching for lucrative solutions to supplement their incomes. Organized crime and drug cartels emerged to capitalize on this growing market. Increased production resulted in ``increased trafficking and availability of drugs in developed countries and transit countries, thus contributing to an overall spread and expansion of demand`` (Reichel 2004). By the 1980s, drugs were wreaking havoc on local communities across the globe. In North America, cocaine was the drug of choice, both for South American cartels and global consumers. Panama, Columbia, and Mexi co became huge producers of cocaine with transit routes passing through Central America and into the U.S and Canada. Crack, a cheaper and more addictive version of cocaine emerged and with devastating consequences to poor communities. By 1986, the American â€Å"war on drugs† was in full swing, with the Reagan Administration pouring 1.7 billion into the cause (Frontline 2008). While the U.S struggled to deal with the increasing prevalence of cocaine and crack, Europe was battling against a growing heroin problem. e problem. Switzerland in particular was facing "one of the highest rates of heroin addiction in Europe" (Foulkes 2008) According to McCoy, during the 1980s, Afghanistan became Europe's main opium supplier, due primarily to CIA covert operations that served to transform southern Asia from a self-contained opium zone into a major supplier of heroin for the world market. He states: "CIA intervention provided the political protection and logistic linkages that joined Afghanistan's poppy fields to heroin markets in Europe and America" (McCoy 1991). Although the war on drugs made headway in combating drug use in the North America, by the 1990s, the production and consumption of drugs was on the rise again. This time due, primarily, to the end of the Cold War. TRENDS IN GLOBAL DRUG TRAFFICKING With the collapse of the Soviet Union, the former Soviet countries were in a state of economic collapse. The result was complex but included: "the shipment of