Discussion Questions Essay Example | Topics and Well Written Essays - 500 words

Discussion Questions - Essay Example In this way, firms of different sizes could be compared on an equal footing. For example, COGS of firm A may be greater than that of firm B. But its sales may be higher too. Q6. The dates on financial statements are important because they indicate the period in which profits or losses accrue and cash flows occur, as well as the financial status of the company as at a date. Q7. The income statement presents the incomes or revenues and expenses or costs of the firm incurred during a period, regardless of paid or not, to arrive at the profit or loss. On the other hand, the cash flow statement of the firm presents the revenues or costs received or paid during a period, regardless of incurred or not, to arrive at the cash outflow or cash inflow. The balance sheet captures the financial snapshot of the firm as at a particular point in time. The profit or loss on the income statement enters the retained earnings account, which is under shareholder's equity in the balance sheet. The cash inflow or cash outflow from the cash flow statement is added to or subtracted from the beginning cash balance to arrive at the ending cash balance, which is under current assets in the balance sheet. Q5.

Empires, Product Lines, Stewart Brand and Kevin Kelly Essay

Empires, Product Lines, Stewart Brand and Kevin Kelly - Essay Example What made the British Empire great was the fact that it formed the backbone of industrialization in this world. They were the cornerstone of industrial towns, developed cities and advanced water transport (Black, 2001). Everything the empire’s regime did was stored secretly not wanting any other empire to steal their secrets, which they did extremely well. The Japan Empire The Empire of Japan also known as the Empire of the Rising Sun was both an empire and world power, which existed from the Meiji reinstatement on January 3rd, 1868, to the endorsement of the post-Second World War Charter of Japan on May 3rd, 1947. Colonial Japan's fast militarization and industrialization under the slogan Fukoku Kyohei led to its surfacing as a world power, ultimately culminating in its association in the Axis alliance, as well as the subjugation of a large fraction of the Asia-Pacific expanse. At the summit of its authority, in 1942, the Japanese Empire administered over a land spanning 2,85 7,000 sq mi (7,400,000 square kilometers), which made it one of the leading marine empires in history. The Japan Empire was known mostly for its telecommunication advancement (Black, 2001). The Empire of Japan had a remarkable tally of technological accomplishments, and a remarkably well-equipped military. The army was advanced, but extremely oriental and traditional beyond the rank of other top rated empires. Even though, instead of having bullets, ballistic shells, missiles, warheads and other more straight based weapons, they created hi-tech arms, which armed the Imperial Japanese Forces technical fighting skills needed to defeat any superpower... Empires, Product Lines, Stewart Brand and Kevin Kelly Apple Inc., ever since it started its operation in the 70s, has had a magnificent timeline, which people could consider as a success to the company (Isaacson, 2011). In the 70s, the company produced numerous computing machines such as the Apple I, Apple II, Disk II, which was a driver, and Apple Writer computer software. In the 80s, the firm launched the Apple III computer. It also launched the IB modems, Monitor III, IIA printers, Apple Image writer, Macintosh (128K), AppleColor Composite Monitor and AppleShare Server 1.0. The firm also launched, in the 80s, Macintosh Portable, Apple FDHD SuperDrive and Apple Scanner. In the 90s, the firm launched Macintosh IIfx, Macintosh Classic II, the PowerBook series from 100 to G3, Apple Design Powered Speakers and the Workgroup Server series from 60 to 8550 (Isaacson, 2011). Also, they came up with the Apple Network Server 700/200, eMate 300, Power Macintosh G3 desktop, Power Macintosh G3 minitower, Twentieth Anniversary Macintosh, iMac G3, i Book, iMac (slot loading), Cinema Display (22"), as well as the Power Macintosh G4 Graphite. All these were inventions that took place before the new millennium. They were considered as landmark inventions to such a small established company in the field of IT. However, the 2000s has seen the popularity of Apple Inc. rise to another level. The Big-Kids computing world managed to arbitrate between the numerous computational roles, which could not be reconciled in a more direct manner through making the Apple’s materials a must-have item.