Generally Accepted Accounting Principles and Non-operating...

Valuation of AirThread Connections Group 7 (Shaojin Ding/ Jin Wang/ Wenqi Gu/ Shijia Wu/ Tongtong Yin/ Canran Xie) Given the background of ACC and AirThread, do you think the acquisition is a good idea? Briefly explain your answer. Yes. First, American Cable Communication (ACC) and AirThread could help each other compete in the industry that was moving more and more bundled service offerings. Second, the acquisition could help both companies expand into the business market. Third, ACC was in a unique position to add value to AirThread’s operations because the acquisition could save AirThread more than 20% in backhaul costs. The reasons above make us believe that the synergy is positive and the acquisition is†¦show more content†¦The debt payment schedule is presented in Ex 6.) †¨Remember that different valuation models are not mutually exclusive, you can use different model for different forecasting periods. We still divide the value of AirThread as a merger target into operating part and non-operating part. First, we combine the DCF model with APV model to calculate the operating value. Because during 2008 to 2012, AirThread need to pay down acquisition debt, the D/E ratio is variable. So we have to choose the APV model (= NPV + NPVF). But after 2012, the acquisition debt has paid off, so the D/E ratio is constant, which suggests using DCF model. First, we calculate the operating value during 2008 and 2012 using APV. The cash flows of these five years combine the stand-alone cash flows and the synergy cash flows. We assume depreciation/capital expenditure equals 1. First of all, we calculate the NPV. The potential synergies come from system operating cost saving as well as the increase in revenue and gross profit. We use the unlevered (=0.96) and get the cost of equity (=10.2%). We get the synergies cash flow using Jenifer’s projection about synergies. We use the cost of equity (=10.2%) to discount the cash flows and get NPV from 2008 and 2012, which is $1,511.39m. (Exhibit 5) In this case, NPVF is Tax Subsidy. We discount the interests of the 5 years to 2007 using cost of debt (=5.50%), and thenShow MoreRelatedComparison Of IFRS to GAAP Essay1192 Words   |  5 PagesDaniela Trudel Comparing IFRS to GAAP This paper looks at relevant comparisons of IFRS, â€Å"International Financial Reporting Standards† and GAAP, â€Å"Generally Accepted Accounting Principles†. These two frameworks of accounting principles and practices share a lot of standards and procedures, but also differ on accepted policies. This paper will answer those standards and differences but also show the comparison of the two. Let’s look at what ways does the format of a statementRead MoreChapter Two Essay652 Words   |  3 Pagesshowing a firms accounting value on a particular date is the: balance sheet. †¢ A current asset is: cash or an item currently owned by the firm that will convert to cash within the next 12 months. †¢ The long-term debts of a firm are liabilities: that do not come due for at least 12 months. †¢ Net working capital is defined as: current assets minus current liabilities. †¢ A __ liquid __ asset is one which can be quickly converted into cash without significant loss in value. †¢ TheRead MoreSimilarities Between Ifrs And International Financial Reporting Standards Essay813 Words   |  4 PagesIn this research project, we will be comparing the similarities and differences between IFRS (International Financial Reporting Standards) and GAAP(Generally Accepted Accounting Principles), specifically in the cash flow statement, and we will be using Apple vs Samsung’s financial statement and stock price to compare the similarities and differences between IFRS and GAAP. 2. 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It also ensures that financial reporting gives accurate andRead MoreIntroduction, Review of Accounting Process and Financial Statements2050 Words   |  9 PagesIntroduction, Review of Accounting Process and Financial Statements Abstract This paper explains different types of accounting phrases and how they directly affect the accounting field. Phrases which are included and defined in the paper are Generally Accepted Accounting Principles, Contra-Asset Accounts, Historical Cost, Accrual Basis vs. Cash Basis Accounting, and Accounting Standards Codification. Definitions and examples of these terms are included as well as explanations of how they areRead MoreInternational Financial Reporting Standards vs US Generally Accepted Accounting Principles1709 Words   |  7 Pagesdissolution of US Generally Accepted Accounting Principles (US GAAP) (Cox 2008). 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The net income is essentially the common income statement form, consisting of classifications such as income from continuing operations, discontinued operations, extraordinary itemsRead MoreAccounting Cycle Paper924 Words   |  4 PagesWAlmart | Accounting Cycle Paper | Accounting Cycle of Walmart | | Melanie Bartholomew | September 2, 2012 | When a company, like Walmart, begins to prepare financial statements and reports at the end of an accounting cycle they generally use Generally Accepted Accounting Principles and â€Å"the collective process of recording and processing the accounting events† (Definition of ‘Accounting Cycle’, 2012), known as the accounting cycle. There are nine steps involved in the accounting cycle.

The Business Ethic Of The Movie Blood Diamond - 881 Words

In Africa, diamond are usually being traded in transaction for people life which are used in civil wars, and wicked military in unstable countries in Africa. Because of the barbarity of wars financed by illegal diamond trade, It has been broadcast the diamond trade has become a poorly regulated business. These stones are call blood diamond. The reason they name it blood diamond because it is stone that people sacrifices their life’s for. You do realize that a diamond you may buy at store, might have gotten people get killed These diamond companies sell blood diamonds without knowing or the companies are just too selfish and do not care if the diamonds were acquired at the risk of another person s life. in this paper I will discuss the business ethic of the movie blood diamond and how business ethic was portrayal in this movie. In the movie blood diamond, it was made in Sierra Leone, 1999. This movie was based on a civil war where it nearly killed thousands of good people. This attack cost majority of the Sierra Leone population out of homes and destroy their villages. These zonal attack became refugee camps. A man of the name of Solomon was captured and his family was captured and taken away to the refugee group. Luckily he was able to survive the refugee beaten and he became one of their mining collector. During the mining, he found a pink diamond and he hid it in the bush. Danny Archer, a diamond collector, hears about this diamond while in aShow MoreRelatedEssay on Ethical Movie Review: Blood Diamond3530 Words   |  15 PagesEthical movie review Title: Blood Diamond Year: 2006 Studio: Virtual Studios Producer: Warner Bros. Director: Edward Zwick Country: United States of America 0.1 Introduction The following essay will examine ethical issues addressed through the movie â€Å"Blood Diamond†. The two main issues identified and discussed are; child soldiers and conflict diamonds. My main lens of ethical theories will consist of the four western theories, this includes, egoism, utilitarianism, ethics of duties andRead MoreSocial Performance of Organizations Essay2146 Words   |  9 Pagescompanies in the world. De Beers leads and dominates the diamond industry in diamond mining, diamond trading, and industrial diamond manufacturing. In 1871 a South African man named Cecil Rhodes created De Beers. Rhodes rented water pumps to miners then invested his profits by buying up small mining operations. In 2011 the De Beers Group sold their remaining stake to Anglo American for $5.1 billion in cash. (DeMarco, 2011). Before the sale the diamond company was owned by the Oppenheimer family. NowRead MoreAs the twenty year anniversary of the genocide in Rwanda arrives, it is imp ortant to recognize the3000 Words   |  12 Pagesenemy was inescapable, and coming from within the south. Only decades before, this had been the norm, though the reason for war was always to acquire the enemys revered cattle† (Peterson 218). In the modern conflicts in Africa, the fierce warrior ethic was now accompanied by advanced weaponry, which dramatically changed the nature of the conflict as well as the outcome. The role of foreign players in Africa added an element of instability to the internal conflicts that, in most cases, caused greaterRead MoreSports17369 Words   |  70 PagesUniversity of New York Press. Van Bottenburg, Maarten and Beverley Jackson (2001). Global games. Champaign, IL: University of Illinois Press. Wenner, Lawrence A. (Ed.) (1998). MediaSport. New York: Routledge. Westerbeek, Han and Aaron Smith (2003). Sport business in the global marketplace. New York: Palgrave Macmillan. Whannel, Garry (1992). Fields in vision: TV sport and cultural transformation. London: Routledge. Wilson, John. 1994. Playing by the rules: Sport, society, and the state. Detroit, MI: WayneRead MoreSports17363 Words   |  70 PagesUniversity of New York Press. Van Bottenburg, Maarten and Beverley Jackson (2001). Global games. Champaign, IL: University of Illinois Press. Wenner, Lawrence A. (Ed.) (1998). MediaSport. New York: Routledge. Westerbeek, Han and Aaron Smith (2003). Sport business in the global marketplace. New York: Palgrave Macmillan. Whannel, Garry (1992). Fields in vision: TV sport and cultural transformation. London: Routledge. Wilson, John. 1994. Playing by the rules: Sport, society, and the state. Detroit, MI: WayneRead MoreOaths Euphemisms6681 Words   |  27 Pageseuphemism for hanging out the bedsheet after a wedding night as a testament to the womans virginity), or it simply being that time of the month. Euphemisms are also common in reference to sexual orientations and lifestyles. 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He always guessed he was meantRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pages22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depth –Read MoreQualitative Research and Celebrity Endorsement24767 Words   |  100 Pagessource credibility is used commonly to entail the communicator’s positive attributes that affect the recipient’s acceptance of a message. (Ohanian, 1990). Furthermore, the source needs to be trustworthy, in the nous of believability, honesty and ethics.(Belch Belch, 2001). Information from a credible source such as a celebrity has the power to influence the opinions, belief, attitude and behaviour through a process called internalisation based on the assumption that the information from theRead MoreFundamentals of Hrm263904 Words   |  1056 PagesPractices 6 Recruiting 7 Employee Selection 7 Training and Development 7 Ethics and Employee Rights 7 Motivating Knowledge Workers 7 Paying Employees Market Value 8 Communications 8 Decentralized Work Sites 8 Skill Levels 8 A Legal Concern 8 Employee Involvement 20 How Organizations Involve Employees 20 Employee Involvement Implications for HRM 20 Other HRM Challenges 21 Recession 21 Off Shoring 21 Mergers 22 A Look at Ethics 22 Summary 23 Demonstrating Comprehension: Questions for Review 24 Key

Nutritional Requirements of Individuals with Dementia free essay sample

Understand and meet the nutritional requirements of individuals with dementia. Outcome 1 1) describe how cognitive, functional and emotional changes with dementia can affect eating, drinking and nutrition. Cognitive behaviour is dysfunctional emotions and behaviours caused by damage in brain affecting part of the brain responsible for memory and all that we learn from birth- how to talk, eat etc. This means that person with dementia can forget how important it is to eat and drink. They also may lose sense of hunger and thirst. It can become problem putting client’s health at risk. Functional change is losing ability to remember how to eat using cutlery. Instead, some people find easier to pick up food by hand, so finger food should be provided. This might be a good way to avoid confusion and distress for a client. If person finds it easier food should be laid out for a client promoting their dignity. We will write a custom essay sample on Nutritional Requirements of Individuals with Dementia or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Emotional change can be negative emotions about the confused state when individual may not understand that there is something wrong, but behaviour of others may lead them to feeling something is wrong, which often causes stress to individual with dementia. Explain how poor nutrition can contribute to an individual’s experience of dementia. Poor nutrition can make the symptoms of dementia worse, increase risk of more frequent infections requiring use of antibiotics. Malnutrition also affects immune system making it difficult to fight an infection. Effects of poor nutrition: * Higher risk of infection * Reduced wound healing * Dermatological problems * Constipation * Disturbed sleeping pattern * Weight loss/gain 3) outline how other health and emotional conditions may affect the nutritional needs of an individual with dementia. It is more likely that as well as dementia older elderly are more likely to develop other chronic illnesses and therefore will have specific nutritional needs. Nutritional requirements Energy requirements decline with age, particularly if physical activity is restricted. However, requirements for protein, vitamins and minerals remain the same, so it is imperative that food choices are nutritionally dense, supplying a rich supply of nutrients in a small volume. Fat There should be no restrictions on the input of fats if a client: * Has suffered weight loss. Has a very small appetite * Is very weak Fibre Eating cereals, fruit and vegetables as a part of balanced diet will help clients who have bowel or constipation problems. Sugar Many elderly people have high sugar intakes. If the rest of the diet contains lots of foods from the main food groups, there is no reason to limit sugar intake. In fact, if weight loss has occurred, sugars may be recommended to meet energy requirements and to aid weight gain. Iron Anaemia is common in elderly and can be caused by poor absorption, certain drugs and blood loss. Iron intakes can be met by having red meat and non-meat sources every day. Absorption is maximised by consuming vitamin C-rich foods at the same time, such as a glass of fruit juice or fresh fruit or vegetables with each meal. Zinc For clients with pressure ulcers intake of Zinc is vital for body’s natural ability to heal wounds. (Can be found in meat, pulses, wholemeal bread and shellfish) Calcium Consuming calcium rich products on a daily basis can slow down loss of calcium in bones, which starts at the age of 30 and accelerates considerably in later years. Calcium-rich foods (milk and dairy foods) should be eaten every day. Vitamin D Vitamin D is needed for calcium metabolism and its deficiency in elderly people can lead to bone softening and distortion. Many elderly people also have limited exposure to sunlight (this vitamin can be made through the action of sunlight on the skin). B Vitamins Intake of B vitamins may be low in this age group if appetite is poor and the diet is not rich in vitamins and minerals. To help prevent this, foods from all food groups must be consumed every day. Water Taking an appropriate amount of water (approximately 2 litres) each day will: * Aid digestion * Maintain effective urine flow * Stop dehydration * Keep hair and skin healthy * Maintain good kidney function Emotional and psychological effects that might affect nutritional needs of an individual with dementia: * Apathy * Confusion * Memory loss * Delirium * Disturbed sleeping pattern * Mood * Depression Physical effects that might affect nutritional needs of an individual with dementia: * Physical discomfort (bad fitting dentures or person is wet) * Lack of exercises. Damage to the brain * Difficulties with chewing and swallowing * Changes in food preference * Loss of taste * Constipation * Living alone 4) explain the importance of recognising and meeting an individual’s personal and cultural preferences for food and drink. It is important to recognise an individual’s personal and cultural preferences to food and drink as this can make people feel like they are respected and included. This will encourage individual to eat and drink, but also it will increase their emotional and physical well-being. People may have different views about foods depending on their cultural background. Providing range of familiar foods can help make individual feel at home, safe and welcomed. As well as providing nutritional value food and drink also play a significant role in culture and rituals. For example, Chinese people eat with chopsticks. Some people like to have a glass of wine with their meal. People from different cultures can only eat certain things as reason of their religion or believes. | | All this information should be included in individuals care plan under life  history. 5) explain why it is important to include a variety of food and drink in the diet of an individual with dementia. An individual with dementia has the same needs and rights as someone without dementia. Eating is basic human function and need. The type of food people eat affects their health and quality of life. People who eat poor diet get sick more often and recover from injury and illness more slowly. Outcome 2 1) describe how mealtime cultures and environments can be a barrier to meeting the nutritional needs of an individual with dementia. Possible reasons for malnutrition in residential or nursing homes: * Underlying disease or illness * Loneliness or depression * Monotonous menu * Unfamiliar foods * Inappropriate textures * Inflexible meal times * Lack of snacks and nourishing drinks * No choice of portion size * No monitoring of food intake and weight loss * Insufficient staffing to help with feeding * General lack of fresh foods * Dull and bland food 2) describe how mealtime environments and food presentation can be designated to help an individual to eat and drink. Clients with dementia are reassured by a calm and regular routine. Meals should be relaxed and unrushed, allowing plenty of time. Prevent any distractions, such as television or radio. Many individuals prefer to eat in company, so creating a social environment for meal times can help. However, there can be others who like to eat alone, so it is important to find out each client’s likes and dislikes. Presentation of food is very important. Clients will eat better if food looks more tempting, smells nice and looks delicious.