Values, Morals, And Culture Essay - 1497 Words

Everyone has their own unique culture that they identify with which plays a huge role in shaping a person’s identity. Our values, morals, and experiences are structured by the society and culture that surround us each day. A person’s beliefs and morals are formed by culture and remains throughout their entire life. Culture varies from one place to another and it makes people throughout the world similar but very different as well. It made you the person you are today and determines who or what you choose to associate yourself with in the future. One element of culture is the learned behavior patterns and associated with it that we develop as we grow up living within the culture. Learned behavior isn’t something that is only exhibited by humans, but as well as animals such as dogs and cats that follow what their owner teaches them. Learned behaviors represent a crucial part of culture which can mean almost anything, from the way choose to dress to what we decide what is edible and inedible. Whenever we listen to music, celebrate holidays with others, cross our legs, or go out for relaxation we are practicing parts of our culture. We are not born behaving like we belong to that culture. To be socially acceptable citizens of a culture, we are taught from childhood of what is acceptable and unacceptable behavior. Along with this, we are trained to become a part of our surrounding culture. Apart from what we are taught, we also learn from people around us, from situations weShow MoreRelatedMoral Values are Influenced by Culture, Religion, Technology, Economy, Society, and Politics1351 Words   |  5 PagesGroup process: The three (3) moral values exists in a person are highly influenced by culture, religion, technology, economy, social and politics. These six (6) factors, inter-related each other. When a person starts a family, the spouse will share their beliefs and will possibly influce each other behaviour then they will apply the relevant values into their kids. This will be passed from generation to generation, creating a culture. The culture molded is usually influenced by religion. For exampleRead MoreCultural Relativism Essay1475 Words   |  6 PagesMoral principles being determined by each culture can be described as conventional ethical relativism. Every culture is entitled to have their own moral laws, beliefs and values, and these will differ from culture to culture. What is moral in one culture could be considered immoral in another, which is something that we must accept. With subjectivism, every individual is given the ability to determine their own morals, which often lead to chaot ic consequences. Ethnocentric, involves elevating otherRead MoreCultural Relativism And Morals And Codes883 Words   |  4 PagesDifferent cultures have different moral codes and values, therefore culture is subjective and arbitrary. When given a closer look at cultural relativism we come to the conclusion that it is not as plausible as it first appears and that certain moral values are needed in creating a sustainable and thriving society (57).In This paper I will begin with a short analyst briefly stating the beliefs of a cultural relativist, explaining their values and examining their views on cultural morals and codesRead MoreWhat Moral Relativism Are All Moral Opinions True? Essay1118 Words   |  5 PagesIf Moral Relativism is true are all Moral Opinions true? Inroduction: Say a person was asked to investigate a range of cultures ethics and their reasoning to come to a conclusion as to what is the ethical ideal that should be universalized. No matter how much depth and reasoning provided, it is most likely this person will conclude that their own cultural ethics will prevail. Not because the person is unsympathetic to other cultures, but because their own culture is most justified in their eyes.Read MoreA Relativist Is More Tolerant?1314 Words   |  6 Pagescontrast morally contradictory cultural values. A Universalist proposes values that are based on his or her own set of values. This can promote intolerance because it provides a basis to make moral judgments between cultures. This is also an example of ethnocentrism, or judging another culture by the values of one’s own culture. Essentially, moral rightness and wrongness are expressions of conventions and norms that vary between cultures. There is no objective or moral truth because actions cannot be judgedRead MoreConcepts Of Ethical Absolutism And Relativism1644 Words   |  7 Pagesterms of right and wrong constantly throughout life. The moral values that we decide to indoctrinate into our everyday lives are strongly motivated by cultural constraints in the eyes of some, to include anthropologist Dr. Ruth Benedict. Ethical relativism is defined as moral values being strongly dependent on time, place, and standards of a given culture. A contrasting theory to relativism is absolutism. The concept of a single, unwavering moral code used by all humans universally is absolutism. DrRead MoreCriticism Of Cultural Relativism1216 Words   |  5 PagesCultural relativism is the theory where there is no objective truth in morality, and moral truths are determined by different cultures. The primary argument used to justify cultural relativism is the cultural differences argument, which claims different cultures have different moral practices and beliefs, therefore, there is no objective truth in morality (Newton). After reading James Rachels The Challenge of Cultural Relativism, I find his criticisms to be persuasive because the argument made forRead MoreValue Pluralism and Absolute Moral Judgments Essay1565 Words   |  7 Pagesand deep moral disagreements are persistently resistant to rational solutions and thus allow for continuing debate over the validity of moral judgments. This paper will discuss prominent positions regarding whether moral judgments may be true and false in an absolute sense or a relative sense, in light of the diverse and intense disagreement in moral judgment. This paper will defend the pluralistic conclusion that if there are not specific universal values, there is at least a minimum value of humanityRead MoreEthics And The Argument On The Existence Of Subjective Moral Value1184 Words   |  5 PagesNo matter what culture you are apart of, or where you live, or what you believe, there is one underlying factor to which every human makes their everyday decisions in life: morality. A moral is defined as concerning or relating to what is right and wrong in human behavior. Many philosophers have argued and debated about moral subjectivity and objectivity from the start of philosophy. However, I will focus in on and agree with one particular philosopher, J.L. Mackie, and his argument on the existenceRead MoreMoral Relativism And Moral Truth1405 Words   |  6 Pages‘Is there such a thing as moral truth? What bearing does this have on law?’ Some would say that moral truth is another word for moral objectivism, since if something is true, then it means it’s an unchanging fact, hence it’s objective. Moral objectivism is the view that what is right or wrong is not dependent on individual or societal opinion, but instead is grounded on facts that are external to human society. It’s opposite is moral relativism which states that what is right or wrong varies according

The Potential Impacts of Upcoming High-Stakes Testing on...

This research was both preliminary and exploratory, with intent to explore the effects of standardized tests in the area of teaching and learning science. The purpose of the research was clearly stated under a sub-heading. The goal was to collect data to indicate teachers’ perceptions and concerns about the high-stakes standardized science testing being implemented in the elementary school. Data of a qualitative nature was collected through surveys. Data about previous standardized testing instruments used in the district and a rationale and brief history of the teaching of science in the district was presented first. A significant amount of primary research regarding standardized testing, test preparation activities, science teaching†¦show more content†¦They used a sample of 10 suburban Florida schools within one district. These schools were selected due to accessibility and ability to obtain permission from principals and school boards. The researchers also believed that using schools from one district would decrease variability that might exist due to local policies. There were 100 teachers given samples with 38% returning valid responses. It was noted that the limited sample was problematic. The sample represented teachers teaching 1st to 5th grade, with 1 to 10 years of experience (with an average of 7.6 years), and educational backgrounds including all with undergraduate degrees in education, twelve with masters degrees, 2 with additional specialists degrees, and one participant with a doctoral degree. Data was collected using a questionnaire that was designed by the researchers. The procedures used to create this instrument were not included in the study. However, it was noted that time was a factor that prevented piloting and validation of the questionnaire. Details of the instrument included that it was a three-part instrument with 16 questions. Part I asked for demographic information and part II was designed to collect data on frequency and methods of teaching science and their own perceptions of their preparedness to teach science effectively. Part III was open ended and required teachers to elaborate on areas of concern in regard to impending standardizedShow MoreRelatedStrategy Safari by Mintzberg71628 Words   |  287 Pagesits many different tendencies, not the isolation of each. To enrich the experience of this safari, we hope to follow up with a Guidebook. We have also prepared an Instructor s Manual to facilitate the use of this rather unconventional book in the cla ssroom. We owe many thank-yous. Bob Wallace of The Free Press must be especially singled out. 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Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesFoundations of Organization Structure 479 v vi BRIEF CONTENTS 4 The Organization System 16 Organizational Culture 511 17 Human Resource Policies and Practices 543 18 Organizational Change and Stress Management 577 Appendix A Research in Organizational Behavior Comprehensive Cases Indexes Glindex 637 663 616 623 Contents Preface xxii 1 1 Introduction What Is Organizational Behavior? 3 The Importance of Interpersonal Skills 4 What Managers Do 5 ManagementRead MoreDeveloping Management Skills404131 Words   |  1617 PagesManager: Kelly Warsak Senior Operations Supervisor: Arnold Vila Operations Specialist: Ilene Kahn Senior Art Director: Janet Slowik Interior Design: Suzanne Duda and Michael Fruhbeis Permissions Project Manager: Shannon Barbe Manager, Cover Visual Research Permissions: Karen Sanatar Manager Central Design: Jayne Conte Cover Art: Getty Images, Inc. 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Intermediate Accounting 14th Chapter 5 Free Essays

string(47) " should be shown as such in the balance sheet\." Questions 1. The balance sheet provides information about the nature and amounts of investments in enterprise resources, obligations to enterprise creditors, and the owners’ equity in net enterprise resources. That information not only complements information about the components of income, but also contributes to financial reporting by providing a basis for (1) computing rates of return, (2) evaluating the capital structure of the enterprise, and (3) assessing the liquidity and financial flexibility of the enterprise. We will write a custom essay sample on Intermediate Accounting 14th Chapter 5 or any similar topic only for you Order Now 2. Solvency refers to the ability of an enterprise to pay its debts as they mature. For example, when a company carries a high level of long-term debt relative to assets, it has lower solvency. Information on long-term obligations, such as long-term debt and notes payable, in comparison to total assets can be used to assess resources that will be needed to meet these fixed obligations (such as interest and principal payments). 3. Financial flexibility is the ability of an enterprise to take effective actions to alter the amounts and timing of cash flows so it can respond to unexpected needs and opportunities. An enterprise with a high degree of financial flexibility is better able to survive bad times, to recover from unexpected setbacks, and to take advantage of profitable and unexpected investment opportunities. Generally, the greater the financial flexibility, the lower the risk of enterprise failure. 4. Some situations in which estimates affect amounts reported in the balance sheet include: (a)allowance for doubtful accounts. (b)depreciable lives and estimated salvage values for plant and equipment. (c)warranty returns. d)determining the amount of revenues that should be recorded as unearned. 5. An increase in inventories increases current assets, which is in the numerator of the current ratio. Therefore, inventory increases will increase the current ratio. In general, an increase in the current ratio indicates a company has better liquidity, since there are more current assets relative to current liabilities. 6. Liquidity describes the amount of time that is expected to elapse until an asset is converted into cash or until a liability has to be paid. The ranking of the assets given in order of liquidity is: (1) (d) Short-term investments. (2) (e) Accounts receivable. (3) (b) Inventory. (4) (c) Buildings. (5) (a) Goodwill. 7. The major limitations of the balance sheet are: (a)The values stated are generally historical and not at fair value. (b)Estimates have to be used in many instances, such as in the determination of collectibility of receivables or finding the approximate useful life of long-term tangible and intangible assets. c)Many items, even though they have financial value to the business, presently are not recorded. One example is the value of a company’s human resources. 8. Some items of value to technology companies such as Intel or IBM are the value of research and development (new products that are being developed but which are not yet marketable), the value of the â€Å"intellectual capital† of its workforce (the ability of the companies’ employees to come up with new ideas and products in the f ast changing technology industry), and the value of the company reputation or name brand (e. . , the â€Å"Intel Inside† logo). In most cases, the reasons why the value of these items are not recorded in the balance sheet concern the lack of faithful representation of the estimates of the future cash flows that will be generated by these â€Å"assets† (for all three types) and the ability to control the use of the asset (in the case of employees). Being able to reliably measure the expected future benefits and to control the use of an item are essential elements of the definition of an asset, according to the Conceptual Framework. 9. Classification in financial statements helps users by grouping items with similar characteristics and separating items with different characteristics. Current assets are expected to be converted to cash within one year or one operating cycle, whichever is longer—property, plant and equipment will provide cash inflows over a longer period of time. Thus, separating long-term assets from current assets facilitates computation of useful ratios such as the current ratio. 10. Separate amounts should be reported for accounts receivable and notes receivable. The amounts should be reported gross, and an amount for the allowance for doubtful accounts should be deducted. The amount and nature of any nontrade receivables, and any amounts designated or pledged as collateral, should be clearly identified. 11. No. Available-for-sale securities should be reported as a current asset only if management expects to convert them into cash as needed within one year or the operating cycle, whichever is longer. If available-for-sale securities are not held with this expectation, they should be reported as long-term investments. 2. The relationship between current assets and current liabilities is that current liabilities are those obligations that are reasonably expected to be liquidated either through the use of current assets or the creation of other current liabilities. 13. The total selling price of the season tickets is $20,000,000 (10,000 X $2,000). Of this amount, $8,000,000 has been earned by 12/31/12 (16/40 X $20,000,000). The remaining $12,000 ,000 should be reported as unearned revenue, a current liability in the 12/31/12 balance sheet (24/40 X $20,000,000). 14. Working capital is the excess of total current assets over total current liabilities. This excess is sometimes called net working capital. Working capital represents the net amount of a company’s relatively liquid resources. That is, it is the liquidity buffer available to meet the financial demands of the operating cycle. 15. (a)Shareholders’ Equity. â€Å"Treasury stock (at cost). † (b)Current Assets. Included in â€Å"Cash. † (c)Investments. â€Å"Land held as an investment. † (d)Investments. â€Å"Sinking fund. † (e)Long-term debt (adjunct account to bonds payable). Unamortized premium on bonds payable. † (f)Intangible Assets. â€Å"Copyrights. † (g)Investments. â€Å"Employees’ pension fund,† with subcaptions of â€Å"Cash† and â€Å"Securities† if desired. (Assumes that the company still owns these assets. ) (h)Shareholders’ Equity. â€Å"Premium on capital stock† or â€Å"Addition al paid-in capital. † (i)Investments. Nature of investments should be given together with parenthetical information as follows: â€Å"pledged to secure loans payable to banks. † 16. (a)Allowance for doubtful accounts receivable should be deducted from accounts receivable in current assets. b)Merchandise held on consignment should not appear on the consignee’s balance sheet except possibly as a note to the financial statements. (c)Advances received on sales contract are normally a current liability and should be shown as such in the balance sheet. You read "Intermediate Accounting 14th Chapter 5" in category "Essay examples" (d)Cash surrender value of life insurance should be shown as a long-term investment. (e)Land should be reported in property, plant, and equipment unless held for investment. (f)Merchandise out on consignment should be shown among current assets under the heading of inventories. (g)Franchises should be itemized in a section for intangible asset s. h)Accumulated depreciation of plant and equipment should be deducted from the plant and equipment accounts. (i)Materials in transit should not be shown on the balance sheet of the buyer, if purchased f. o. b. destination. 17. (a)Trade accounts receivable should be stated at their estimated amount collectible, often referred to as net realizable value. The method most generally followed is to deduct from the total accounts receivable the amount of the allowance for doubtful accounts. (b)Land is generally stated in the balance sheet at cost. (c)Inventories are generally stated at the lower of cost or market. d)Trading securities (consisting of common stock of other companies) are stated at fair value. (e)Prepaid expenses should be stated at cost less the amount apportioned to and written off over the previous accounting periods. 18. Assets are defined as probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. If a building is leased under a capital lease, the future economic benefits of using the building are controlled by the lessee (tenant) as the result of a past event (the signing of a lease agreement). 19. Battle is incorrect. Retained earnings is a source of assets, but is not an asset itself. For example, even though the funds obtained from issuing a note payable are invested in the business, the note payable is not reported as an asset. It is a source of assets, but it is reported as a liability because the company has an obligation to repay the note in the future. Similarly, even though the earnings are invested in the business, retained earnings is not reported as an asset. It is reported as part of shareholders’ equity because it is, in effect, an investment by owners which increases the ownership interest in the assets of an entity. 20. The notes should appear as long-term liabilities with full disclosure as to their terms. Each year, as the profit is determined, notes of an amount equal to two-thirds of the year’s profits should be transferred from the long-term liabilities to current liabilities until all of the notes have been liquidated. 21. The purpose of a statement of cash flows is to provide relevant information about the cash receipts and cash payments of an enterprise during a period. It differs from the balance sheet and the income statement in that it reports the sources and uses of cash by operating, investing, and financing activity classifications. While the income statement and the balance sheet are accrual basis statements, the statement of cash flows is a cash basis statement—noncash items are omitted. 22. The difference between these two amounts may be due to increases in current assets (e. g. , an increase in accounts receivable from a sale on account would result in an increase in revenue and net income but have no effect yet on cash). Similarly a cash payment that results in a decrease in an existing current liability (e. g. , accounts payable would decrease cash provided by operations without affecting net income). 3. The difference between these two amounts could be due to noncash charges that appear in the income statement. Examples of noncash charges are depreciation, depletion, and amortization of intangibles. Expenses recorded but unpaid (e. g. , increase in accounts payable) and collection of previously recorded sales on credit (i. e. , now decreasing accounts receivable) also would cause cash provided by o perating activities to exceed net income. 24. Operating activities involve the cash effects of transactions that enter into the determination of net income. Investing activities include making and collecting loans and acquiring and disposing of debt and equity instruments; property, plant, and equipment and intangibles. Financing activities involve liability and owners’ equity items and include obtaining capital from owners and providing them with a return on (dividends) and a return of their investment and borrowing money from creditors and repaying the amounts borrowed. 25. (a)Net income is adjusted downward by deducting $5,000 from $90,000 and reporting cash provided by operating activities as $85,000. (b)The issuance of the preferred stock is a financing activity. The issuance is reported as follows: Cash flows from financing activities Issuance of preferred stock| $1,150,000| (c)| Net income is adjusted as follows:| | | Cash flows from operating activities| | | Net income| $90,000| | Adjustments to reconcile net income to net cash provided by operating activities:| | | Depreciation expense| 14,000| | Premium amortization| (5,000)| | Net cash provided by operating activities| $99,000| (d)The increase of $20,000 reflects an investing activity. The increase in Land is reported as follows: Cash flows from investing activities: Investment in Land| $(20,000)| 26. The company appears to have good liquidity and reasonable financial flexibility. Its current cash debt coverage ratio is 1. 20, which indicates that it can pay off its current liabilities in a given year from its operation. In addition its cash debt coverage ratio is also good at . 80 which indicates it can pay off approximately 80% of its debt out of current operations 27. Free cash flow = $860,000 – $75,000 – $30,000 = $755,000. 28. Free cash flow is net cash provided by operating activities less capital expenditures and dividends. The purpose of free cash flow analysis is to determine the amount of discretionary cash flow a company has for purchasing additional investments, retiring its debt, purchasing treasury stock, or simply adding to its liquidity and financial flexibility. 29. Some of the techniques of disclosure for the balance sheet are: (a)Parenthetical explanations. (b)Notes to the financial statements. (c)Cross references and contra items. (d)Supporting schedules. 30. A note entitled â€Å"Summary of Significant Accounting Policies† would indicate the basic accounting principles used by that enterprise. This note should be very useful from a comparative standpoint, since it should be easy to determine whether the company uses the same accounting policies as other companies in the same industry. 31. General debt obligations, lease contracts, pension arrangements and stock option plans are four items for which disclosure is mandatory in the financial statements. The reason for disclosing these contractual situations is that these commitments are of a long-term nature, are often significant in amount, and are very important to the company’s well-being. 32. The profession has recommended that the use of the word â€Å"surplus† be discontinued in balance sheet presentations of owners’ equity. This term has a connotation outside accounting that is quite different from its meaning in the accounts or in the balance sheet. The use of the terms capital surplus, paid-in surplus, and earned surplus is confusing to the non-accountant and leads to misinterpretation. Brief Exercise 1. Current assets| | | Cash| | $ 30,000| Accounts receivable| $110,000| | Less: Allowance for doubtful accounts| 8,000| 102,000| Inventory| | 290,000| Prepaid insurance| | 9,500| Total current assets| | $431,500| Exercise (a)If the investment in preferred stock is readily marketable and held primarily for sale in the near term to generate income on short-term price differences, then the account should appear as a current asset and be included with trading investments. If, on the other hand, the preferred stock is not a trading security, it should be classified as available-for-sale. Available for sale securities are classified as current or non-current depending upon the circumstances. (b)If the company accounts for the treasury stock on the cost basis, the account should properly be shown as a reduction of total shareholders’ equity. c)Shareholders’ equity. (d)Current liability. (e)Property, plant, and equipment (as a deduction). (f)If an asset in process of construction is being constructed for another party, it is properly classified as an inventory account in the current asset section. This account will be shown net of any billings on the contract. On the other hand, if the asset is being constructed for the use of this particular company, it should be classified as a separate item in the property, plant, and equipment section. (g)Current asset. (h)Current liability. (i)Retained earnings. j)Current asset. (k)Current liability. 4. GULISTAN INC. | Balance Sheet| December 31, 20XX| Assets| Current assets| | | | Cash| $XXX| | | Less: Cash restricted for plant expansion| XXX| $XXX| | Accounts receivable| XXX| | | Less: Allowance for doubtful accounts| XXX| XXX| | Notes receivable| | XXX| | Receivables—officers| | XXX| | Inventories| | | | Finished goods| XXX| | | Work in process| XXX| | | Raw materials| XXX| XXX| | Total current assets| | | $XXX| | | | | Long-term investments| | | | Preferred stock investments| | XXX| | Land held for future plant site| | XXX| | Cash restricted for plant expansion| | XXX| | Total long-term investments| | | XXX| | | | | Property, plant, and equipment| | | | Buildings| | XXX| | Less: Accum. depreciation— buildings| | XXX| XXX| | | | | Intangible assets| | | | Copyrights| | | XXX| Total assets| | | $XXX| Liabilities and Shareholders’ Equity| Current liabilities| | | | | Salaries and wages payable| | $XXX| | | Notes payable, short-term| | XXX| | | Unearned subscriptions revenue| | XXX| | | Unearned rent revenue| | XXX| | | Total current liabilities| | | | $XXX| | | | | | Long-term debt| | | | | Bonds payable, due in four years| | | $XXX| | Less: Discount on bonds payable| | | (XXX)| XXX| Total liabilities| | | | XXX| | | | | | Stockholders’ equity| | | | | Capital stock:| | | | | Common stock| | XXX| | | Additional paid-in capital:| | | | | Paid in capital in excess of par—common stock| | XXX| | | Total paid-in capital| | | XXX| | Retained earnings| | | XXX| | Total paid-in capital and retained earnings| | | XXX| | Less: Treasury stock, at cost| | | (XXX)| | Total stockholders’ equity| | | | XXX| Total liabilities and stockholders’ quity| | | | $XXX| 7. Current assets| | | | Cash| | $ 92,000*| | Less: Cash restricted for plant expansion| | 50,000| $ 42,000| Equity investments (fair value) (cost, $31,000)| | | 29,000| Accounts receivable (of which $50,000 is pledged as collateral on a bank loan)| | 161,000| | Less: Allowance for doubtful accounts| | 12,000| 149,000| Interest receivable [($40,000 X 6%) X 8/12]| | | 1,600| Inventory (lower-of-cost ( determined using LIFO)-or-market)| | | | Finished goods| | 52,000| | Work-in-process| | 34,000| | Raw materials| | 187,000| 273,000| Total current assets| | | $494,600| 8. a. Dividends payable of $1,900,000 will be reported as a current liability [(1,000,000 – 50,000) X $2. 00] b. Bonds payable of $25,000,000 and interest payable of $2,500,000 ($100,000,000 X 10% X 3/12) will be reported as a current liability. Bonds payable of $75,000,000 will be reported as a long-term liability. c. Customer advances of $17,000,000 will be reported as a current liability ($12,000,000 + $30,000,000 – $25,000,000). 12. VIVALDI CORPORATION| Balance Sheet| December 31, 2012| Assets| Current assets| | | | Cash| | $197,000| | Debt investments| | 153,000| | Accounts receivable| $435,000| | | Less: Allowance for doubtfulaccounts| 25,000| 410,000| | Inventory| | 597,000| | Total current assets| | | $1,357,000| | | | | Long-term investments| | | | Debt investments| | 299,000| | Equity investments| | 277,000| | Total long-term investments| | | 576,000| | | | | Property, plant, and equipment| | | | Land| | 260,000| | Buildings| 1,040,000| | | Less: Accum. depreciation| 352,000| 688,000| | Equipment| 600,000| | | Less: Accum. epreciation| 60,000| 540,000| | Total property, plant, and equipment| | | 1,488,000| | | | | Intangible assets| | | | Franchises| | 160,000| | Patents| | 195,000| | Total intangible assets| | | 355,000| Total assets| | | $3,776,000| Liabilities and Stockholders’ Equity| Current liabilities| | | | Accounts payable| | $ 455,000| | Notes payable (short-term)| | 90,000| | Dividends payable| | 136,000| | Accrued liabilities| | 96,000| | To tal current liabilities| | | $ 777,000| | | | | Long-term debt| | | | Bonds payable| | 1,000,000| | Notes payable (long-term)| | 900,000| | Total long-term liabilities| | | 1,900,000| Total liabilities| | | 2,677,000| | | | | Stockholders’ equity| | | | Paid-in capital| | | | Common stock ($5 par)| $1,000,000| | | Paid-in capital in excess of par| 80,000| 1,080,000| | Retained earnings*| | 210,000| | Total paid-in capital and retained earnings| | 1,290,000| | Less: Treasury stock| | 191,000| | Total stockholders’ equity| | | 1,099,000| Total liabilities and stockholders’ equity| | | $3,776,000| | | Sales| | $7,900,000| Investment revenue| | 63,000| Extraordinary gain| | 80,000| Cost of goods sold| | (4,800,000)| Selling expenses| | (2,000,000)| Administrative expenses| | (900,000)| Interest expense| | (211,000)| Net income| | $ 132,000| | | | Beginning retained earnings| | $ 78,000| Net income| | 132,000| Ending retained earnings| | $ 210,000| Or ending retained earnings can be computed as follows: Total stockholders’ equity| | $1,099,000| Add:Treasury s tock| | 191,000| Less: Paid-in capital| | 1,080,000| Ending retained earnings| | $ 210,000| How to cite Intermediate Accounting 14th Chapter 5, Essay examples

Communication and Basic Interpersonal Needs free essay sample

In, today society we communicate in several ways through verbal communication, text or email, listening and even body language. I would say our most common communication is demonstrated through body language. Interpersonal communication and conflicts tend to happen in our daily lives with emotional connections to anyone we would meet. Everyone has point’s in time that a conflict of interest, points of view are difference in the way one should behave. According to K.Sole, interpersonal communication is the process of exchanging messages, usually between two people, to create and share meaning. In the movie â€Å"Hitch† one is shown that    through nonverbal communication, how the characters listen to themselves as well as one another and through the changing perceptions of the characters. At the beginning of the movie we are introduced to Alex Hitchens who is considered the date doctor; he gives a narrative on how we as women may say one thing with our mouth but in our head and hearts we want the guy to try harder to make a stronger connection in the relationship . We will write a custom essay sample on Communication and Basic Interpersonal Needs or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the first examples of the opposite sex interactions we see three different men who have tried to get the interest of three different women but have failed on their own. Hitch, teaches the men how to have confidence, play to their characteristics, and to really listen to what the women are really saying with their objections and to go beyond the normal to sweep you love interest off her feet. The main interpersonal conflict in the movie Hitch is the miscommunication and misunderstanding between the characters and their relationships: Sarah and Alex and Allegra and Albert. In the beginning Hitch states how sixty percent of all our communication is told through our body language along with how communication is the most important aspect of any relationship and how communication builds the relationship or how the of lack of communication can destroy the relationship. Hitch demonstrates how relationships can be complicated, but by expanding our knowledge and learning of new skills. We can improve our lives with interpersonal relationships. There are three basic interpersonal needs that are satisfied through interactions with others. These needs are becoming involved with others, affection or ,holding emotions for a person, and having control to influence others. These needs can be fulfilled through a complementary or symmetrical relationship. A complementary relationship, is a relationship between people who are unequal in status or authority and a symmetrical relationship are relationship where the participants are equal to each other, or are highly similar, and the differences in communication people tend to develop interpersonal conflicts. Romantic relationships have aspects of both relationship styles. Throughout the movie interpersonal conflict is demonstrated within the relationships of Alex and Sarah. In the movie their relationship takes a turn for the end when Sarah discovers that he is the so-called date doctor and whom she believes is responsible for her best friend being dumped. After, that she sets out to expose him which causes some friction in his most recent clients Alberts relationship with Allegra. Sarah felt that Hitch was giving the men on advice how to hide their real intentions when dating the women only to falsely cause the women to fall in love with men. The conflict continues when Hitch tries to explain exactly what he does is only prepare the men on how to communicate effectively with the opposite sex. I do believe if Sarah and Hitch would have only listened to one another that a great deal of their conflict could have been avoided. If you are going to be in a relationship you need to be prepared to communicate your thoughts and feelings to have any successful relationship.