Exercises and Problems Essay Example for Free

Exercises and Problems Essay Trudy Company incurred the following costs. 1. Sales tax on factory machinery purchased $ 5,000 2. Painting of and lettering on truck immediately upon purchase 700 3. Installation and testing of factory machinery 2,000 4. Real estate broker’s commission on land purchased 3,500 5. Insurance premium paid for first year’s insurance on new truck 880 6. Cost of landscaping on property purchased 7,200 7. Cost of paving parking lot for new building constructed 17,900 8. Cost of clearing, draining, and filling land 13,300 9. Architect’s fees on self-constructed building 10,000 Items of property, plant and equipment should be initially recorded at cost. Costs include all costs in which are necessary to assure the assets are in working condition for their intended use. This includes original purchase prices along with costs of site preparations, delivery, handling, installation, professional fees included for architects and engineers with estimations for dismantling and removing these assets for restoration of original site. Knowing managements intended use comes in very handy and is extremely important when applying this cost principle. Cost principle assets are to be recorded at cost this equals the value which was reciprocated at the time of the attainment. Assets in the United States like land and buildings appreciate in value over a given period of time these items do not get revalued for future financial reporting. Shipping costs form part of the asset costs, however; the cost of accidental insurance or any type of insurance during the later periods are recurring expenses which benefit and is not received for short term, less than a year therefore; it does not get included within the costs of assets. References: Weygandt, J. J., Kimmel, P. D., Kieso, D. E. (2010). Financial accounting (7th ed.). Hoboken, NJ: John Wiley Sons.

The Death Penalty Is Needed In Our Uncivilized Society :: Pro Capital Punishment Essays

Introduction: Capital punishment is the most severe form of corporal punishment as it requires law enforcement officers to kill the offender. It has been banned in many countries, in the United States, an earlier move to eliminate capital punishment has now been reversed and more and more states are resorting to capital punishment for serious offenses such as murder. An Eye for and eye, a life for a life, who has never heard of the famous lex talionis? The Bible mentions it, and people have been using it regularly for centuries. We use it in reference to burglary, adultery, love and many other situations. However, some people use it on a different level, some people use it in reference to death. One steals from those who have stolen from him, one wrongs those who have wronged him, but do we really have the right to kill those who have killed. Today, there is a big controversy over capital punishment whether or not it works, or if it is morally right. We have a certain privilege on our own lives, b ut do the lives of others belong to us as well? Do we have the right to decide the kind of lives others can or cannot live? We find someone guilty of murder and sentence him to death, does that not make murderers out of ourselves? Can justice justify our acts? Those who assist in the death penalty are they not partners in crime? Is the death penalty a "Cruel and Unusual" punishment or is it now a necessary tool in the war on crime? With the increase in crime and violence in our society, how does the death penalty affect a North American family. History of the Death Penalty: Use of the death penalty has declined throughout the industrial Western World since the 19th century. In 1972, movement in America to have the death penalty declared unconstitutional during the landmark case of Furman v. Georgia, which declared the death penalty cruel and unusual punishment. However, after a supreme court decision in 1975, Gregg v. Georgia, which stated capital punishment did not violate the eighth Amendment, executions commenced again under state supervision. (Van der Haag, 1975, 3-4) The debate: Deterrence: There are four major issues in the capital punishment debate, the first being deterrence. A major purpose of criminal punishment is to deter future criminal conduct. The deterrence theory suggests that a rational person will avoid criminal behavior if the severity of the punishment outweigh the benefits of the illegal conduct.

Key learning point: Perception Essay

Perception refers to how a person connects to their environment. In order to respond appropriately, people interpret messages and events in their environment as they perceive them. However complexity of the environment may sometimes bring about perceptual errors as the individual tries to take short cuts to process all the information. Reason for Selection: Errors in perception may sabotage a great business prospect especially if the misconception is personal. Perceptual areas include stereotyping where an individual assigns to a person certain attributes just because he belongs to a particular class or group of people. A phenomenon called halo effect may also result from errors in perception. It involves generalizing a variety of individuals characteristics based on only knowledge of one attribute. An individual may also single out information that supports a particular belief while ignoring any contrasting information. This is referred to as selective perception. Other times one may find the need to protect their own self concept and assign to others characteristics or feelings they possess themselves. Application to a business or personal situation: While working in Kenya for a pharmaceutical company whose manufacturing plant is in India, I had to pick the Senior International Brands manager at the airport. Being his first time in Kenya his perception was Kenyans being Africans don’t have enough resources to own motor vehicles for personal transit and openly said so to a taxi driver, the driver stopped the car threw out our luggage and sped of angrily mumbling to himself and since it was raining and we were already a few kilometers off the airport we had to stay at the road for hours to get another cab. Action or steps taken to improve: Asking my clients in a friendly way how they do particular things appreciate and point out how wonderful it is to have diversity in our business world. Try to come up with ways you can make use of particular attributes that you possess in a positive way or try and change yourself. Whenever you are in doubt about any particular fact about your client to kindly ask for explanation from the client. References Squidoo (2010). A goldmine of journal Writing Prompts. Retrieved on 25th July, 2010, from http://www. squidoo. com/journalwritingprompts

Essay on Media and Weight Loss - 2200 Words

Thinness equals success is the notion that many college-aged, upper-middle class, white women looking to become part of professional society hold today. The Culture of Slenderness has many ways of exerting its influence and fulfilling its aims effectively (Toro, Cervera, Perez, 1988, pg.136). This message has been exploited by the media and by societys professional work force. Since the womans arrival into professional society, a new norm has been set by white professional men that has begun to affect a new generation of white women leaders. Not only do they feel that it is necessary to maintain an intellectual edge, but also a slim figure to succeed. The Figures This target group of women are striving to reach often†¦show more content†¦Being a desirable norm of this society, these women entering the professional world are trying to fit this and other norms and end up living dysfunctional lives through no fault of their own. The Process White women are socialized from a very young age to believe that it is important to be slim and maintain a certain body image (Sally Jessy Raphael Show, Aug. 17, 1990). Young girls often begin the treacherous cycle of diet and exercise by trying to win the affection and respect of their fathers. This is particularly true of the daughters of professional white men. These men know what it takes to achieve success in professional society and often instill the same values in their daughters. Research indicates that fathers who do not believe their daughters to be very intelligent tend to want them to be slim, so that they present the image of an intellect (Silverstein, Perdue, Peterson, Vogel and Fantini, 1986, pg. 907). Not only do young girls begin internalizing these norms in their homes, but also in school. Many young white girls consistently compete for the attention of young men. These girls feel that they must look like models in magazines and be thin to attract boyfriends. I just want to have a boyfriend, says one anorexic teen (People, 1996). Searching for social acceptance, young girls often take theirShow MoreRelated Weight-Loss and the Weight of the Media Essay1729 Words   |  7 PagesWeight-Loss and the Weight of the Media      Ã‚  Ã‚   The media bombards us with advertisements and articles about weight-loss supplements. We cannot turn on the television or radio without seeing or hearing an advertisement for Dexatrim, and we cannot flip through a magazine without seeing an advertisement or article about Metabolife. The manner in which different media sources treat weight-loss supplements greatly influences the publics perception of these products. 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