Text & Cases Problem Essay Example for Free

Text Cases Problem Essay 16 to 30 150,000.00 0.94 9,000.00 31 to 45 75,000.00 0.80 15,000.00 46 to 60 45,000.00 0.65 15,750.00 61 to 75 15,000.00 0.50 7,500.00 Over 75 15,000.00 15,000.00 Total 51,750.00 15,000.00 a. Appropriate balance for AFDA is $ 51,750.00 (equals to Allowance Amount in the Aging Schedule) b. Presentation of Accounts Receivable in Balance Sheet: Accounts Receivable 735,000.00 Less: Allowance for Doubtful Accounts 51,750.00 Net, Accounts Receivable 683,250.00 c. Dollar Effect of Bad Debt Expense: AFDA, Beginning Balance 37,500.00 AFDA, Write-Off (15,000.00) AFDA, Movement 29,250.00 AFDA, Ending Balance 51,750.00 Dollar Effect of Bad Debt Expense is $ 29.250.00 (equals to movement amount of AFDA) Case 5-1: Question 1 Stern Corporation General Journal (in USD) Date Account Dr. Cr. 2010 Dec 31 Accounts Receivable 9,965,575.00 Sales 9,965,575.00 31 Cash 9,685,420.00 Accounts Receivable 9,685,420.00 31 Allowance for Doubtful Accounts 26,854.00 Accounts Receivable 26,854.00 31 Accounts Receivable 4,594.00 Allowance for Doubtful Accounts 4,594.00 31 Cash 2,108.00 Accounts Receivable 2,108.00 31 Cash 1,566.00 Accounts Receivable 1,566.00 31 Bad Debt Expense 29,886.00 Allowance for Doubtful Accounts 29,886.00 Case 5-1: Question 2 (in USD) Account Beginning Balance, 2010 Movement, 2010 Ending Balance, 2010 Cash 671,344.00 9,689,094.00 10,360,438.00 Accounts Receivable 988,257.00 254,221.00 1,242,478.00 Allowance for Doubtful Accounts 29,648.00 7,626.00 37,274.00 Sales 9,965,575.00 9,965,575.00 Bad Debt Expenses 29,886.00 29,886.00 a. Accounts Receivable balance as of Dec 31, 2010 is $ 1,242,478.00 b. Allowance for Doubtful Accounts balance as of Dec 31, 2010 is $ 37,274.00 Case 5-1: Question 3 1 Current Ratio Current Asset = 13,574,107.00 = 9.4915 Current Liabilities 1,430,132.00 Current Asset: Cash 10,360,438.00 Accounts Receivable 1,242,478.00 Allowance for Doubtful Accounts (37,274.00) U.S Treasury Securities 274,060.00 Inventories 1,734,405.00 Total Current Asset 13,574,107.00 2 Acid Test Ratio Current Monetary Asset = 11,839,702.00 = 8.2787 Current Liabilities 1,430,132.00 Current Monetary Asset: Cash 10,360,438.00 Accounts Receivable 1,242,478.00 Allowance for Doubtful Accounts (37,274.00) U.S Treasury Securities 274,060.00 Total Current Monetary Asset 11,839,702.00 3 Days Receivable Accounts Receivable = 1,242,478.00 = 45.5071 Days Sales / 365 27,302.95

The Conflict with Traditional Culture Essay -- Traditional Culture, Ho

The conflict with traditional culture The general people consider Hong Kong as an international city because a lot of cross-cultural enterprises choose Hong Kong as a landing base to enter into Chinese market and even Asian market.As a result ,the conscientious of women leadership can be brought into the working ecology through the expending of multinational firms. Nevertheless, it is misleading that the concept of women leadership can wholly be applied to companies in general and help increasing the number of women leader. There are several reasons. Firstly, in Asian countries including Hong Kong , the local market climate is dominated by the local companies and those companies are a kind of family business. A family business means one family has a significant ownership and influence to the decision in the company and the chairman of the company can only be the son within the family. This tradition can be a huge and unbreakable barrier to the women even though the companies are facing the influence of external culture. More important is that this new working concept especially the idea of women empowerment can not readily neutralize the traditional culture. The reason behind is that the setting rule of patriarchy is still utilized in the world today. Patriarchy is a social system which is male dominate and is central in the social organization. (Chesney-Lind, 2006) .One obvious example is that the children surname are followed by father’s family name, which means the sons are entitled to inherit everything from their father normally. As a result, the male can administrate the collective benefits within the family and consolidate the state of male. It should also be highlighted that the system has a conflict to enhance women s... ...nagement. In Fagenson, E.A. (ed.) Women in Management: Trends, Issues, and Challenges in Managerial Diversity. London: Sage. ISR survey. (2005) .On Hong Kong's Scene, how relevant is Gender in Recruitment - Business Perspective by Mr. Eddie NG, Chairman of HKIHRM International Committee, Hong Kong Institute of Human Resource Management .Retrieved from http://www.eoc.org.hk/EOC/GraphicsFolder/InforCenter/Conference/Content.aspx?Type=6&DateTime=2007 Equal Opportunities Commission .(2009). Study on Public Perception of Portrayal of Female Gender in the Hong Kong Media. Retrieved from http://www.eoc.org.hk/EOC/GraphicsFolder/InforCenter/Conference/Content.aspx?Type=6&DateTime=2007 SHAMIR, B. , SALOMON, I. , MANAGEMENT, A. , & Shamir, B. (1985). Work-at-home and the quality of working life. Academy of Management Review, [Electronic version]. 10(3), 455-464. The Conflict with Traditional Culture Essay -- Traditional Culture, Ho The conflict with traditional culture The general people consider Hong Kong as an international city because a lot of cross-cultural enterprises choose Hong Kong as a landing base to enter into Chinese market and even Asian market.As a result ,the conscientious of women leadership can be brought into the working ecology through the expending of multinational firms. Nevertheless, it is misleading that the concept of women leadership can wholly be applied to companies in general and help increasing the number of women leader. There are several reasons. Firstly, in Asian countries including Hong Kong , the local market climate is dominated by the local companies and those companies are a kind of family business. A family business means one family has a significant ownership and influence to the decision in the company and the chairman of the company can only be the son within the family. This tradition can be a huge and unbreakable barrier to the women even though the companies are facing the influence of external culture. More important is that this new working concept especially the idea of women empowerment can not readily neutralize the traditional culture. The reason behind is that the setting rule of patriarchy is still utilized in the world today. Patriarchy is a social system which is male dominate and is central in the social organization. (Chesney-Lind, 2006) .One obvious example is that the children surname are followed by father’s family name, which means the sons are entitled to inherit everything from their father normally. As a result, the male can administrate the collective benefits within the family and consolidate the state of male. It should also be highlighted that the system has a conflict to enhance women s... ...nagement. In Fagenson, E.A. (ed.) Women in Management: Trends, Issues, and Challenges in Managerial Diversity. London: Sage. ISR survey. (2005) .On Hong Kong's Scene, how relevant is Gender in Recruitment - Business Perspective by Mr. Eddie NG, Chairman of HKIHRM International Committee, Hong Kong Institute of Human Resource Management .Retrieved from http://www.eoc.org.hk/EOC/GraphicsFolder/InforCenter/Conference/Content.aspx?Type=6&DateTime=2007 Equal Opportunities Commission .(2009). Study on Public Perception of Portrayal of Female Gender in the Hong Kong Media. Retrieved from http://www.eoc.org.hk/EOC/GraphicsFolder/InforCenter/Conference/Content.aspx?Type=6&DateTime=2007 SHAMIR, B. , SALOMON, I. , MANAGEMENT, A. , & Shamir, B. (1985). Work-at-home and the quality of working life. Academy of Management Review, [Electronic version]. 10(3), 455-464.

Interview with a Doctor

The current American healthcare system and its problems The interview is with Dr. John Tomas who is a surgeon in New Jersey. Dr. Tomas has been practicing medicine for over twenty years so he has a lot of experience in the medical field. Dr. Tomas deals with plenty of people who are from the middle and lower class. Those people are so concerned about the costs of the healthcare bills and they have a lot of trouble handling these costs.. The healthcare discussion should also be seen from a doctor’s perspective and that is why this interview is valuable Dr.Tomas has also a lot of knowledge about the politics of the healthcare system in the United States. He has a personal view of the Patient Protection and Affordable Care Act which is another term for Obama care. 1- What is your view of current American healthcare system? The current American healthcare system has a major problem which is the cost. The cost for the American healthcare system is 2. 5 trillion dollars per year whi ch is much higher than any other industrialized country in the world. The medical expenses on every citizen are $7,960.Other industrialized countries spent average of $3,233 annually per person which is much lower and these people from other countries get more medical valuable care. 41 percent of working Americans have problem with paying their medical bills. Taxpayers don’t receive the service that they actually pay for and a lot of people go easily bankrupt because they can’t afford to pay their medical bills. The American government covers 46 percent of these expenses and that is one of the reasons why we are in a huge debt and it is another factor for the major economic crisis in the United States. -what are the current major problems with the current American healthcare system? I think there are too many regulations in the current American health care system. There are also a lot of politicians and lawyer that get involved in the medical field. When these factors get involved, the insurance costs get higher and the medical expenses become very expensive. Practicing medicine is not pleasurable to me personally anymore because I am afraid to get sued and lose my insurance. All these outer factors that get involved in our field make practicing the profession of medicine much tougher for doctors. -Do you think defensive medicine is good or bad for the American healthcare system? In the United States we have a major problem with regulations that are involved in the medical field. In the United States, doctors have to do a lot of tests and plenty of consultations with other physicians before performing any operation. The reason for that is because the doctors are afraid of the lawsuits that could cause them losing their insurance or even their license. American doctors follow the defensive medicine by doing a lot of unnecessary tests that significantly increase the costs of healthcare.In other countries where there are not too many regulation†™s in the medical field, doctors in other countries do the operations with the same outcomes but in much lower costs. This is obviously an issue and it has its advantages and its disadvantages but the American defensive medicine system is much safer and the foreign medicine system is much cheaper. 4-Do you think that Obama care will lower the costs for the current healthcare system? I don’t think so because when government gets involved in any filed, the cost usually get much higher.Obama care will cost $1. 165 trillion dollars over the next ten years. The government hasn’t been very successful with Medicare or Medicaid which proves my point. The healthcare should stay as a private business that is managed by private healthcare companies. If the government takes over the healthcare system, the country will spend a massive amount of money and the quality of the care will be lowered significantly. 5-Do you think that Americans could have a better healthcare system if t hey follow the socialized healthcare system of Canada and Europe?And what are your solutions for the problems that we have with our healthcare system. I have been to Canada and Europe. I also have a lot of friends who are physicians in these countries. They don’t like what they have there. Patients could wait six months to get an operation in Canada. There are risings costs of medications in Canada and Europe. Those increasing of the cost of the medications make it harder for people to get a good care under the socialized healthcare system. A lot of Europeans countries are going bankrupt eventually and the socialized healthcare system is one of the reasons of that.The solution to our healthcare problem is not going backwards by following a socialized healthcare system. The solution comes with creating more competition between healthcare companies that take advantage of the American people. Even though we had a recession in the last few years, the profit of the insurance compa nies has been increased by 56 percent. Creating the competition between those insurance companies will definitely lower the costs and the medical bills that have been a heavy weight over the shoulders of the American pope.The healthcare discussion is very important because unlike fancy cars or fancy clothes, everybody needs to have healthcare. Plenty of Americans are suffering every day because they don’t have the money to cover the expenses of their medical bills. People go bankrupt because of these expensive costs and that is rare in any other industrialized country. The reason why the cost is too expensive in this country is because there are too many regulations, politics, lobbyists, lawyers and unfairness in our healthcare system.Obamacare could be another disaster for our healthcare system because it is going to raise the costs of the healthcare system and our economy is already in a very bad shape. The most practical solution to our healthcare system is to create a fai r competition between healthcare companies which will significantly lower the costs of the current healthcare system. If I have a second chance to do a second interview, I will also discus the medicine field with the person that I am having interview with because the topic is very interesting.

The Health Organization And The American Academy Of...

Every mammal species on the face of the earth is biologically built to make a unique substance to ensure the survival of its offspring, natural milk. The properties found in this one of a kind food provide all the infant needs in the required amount. That being said, babies are born to be breastfed. Breast milk is the most natural and necessary food for infants. The World Health Organization and the American Academy of Pediatrics recommend exclusive breastfeeding for the first six months of life. When faced with the decision of whether or not to breastfeed their child, some women tend to choose the â€Å"easier† path. Selfish reasons for choosing not to breastfeed include the fact that it is more time consuming, and relying on formula leads to a more comfortable and better lifestyle. Mothers would say that formula feeding permits free time for other important things, and feeding responsibilities can be shared with the spouse. Also, being able to drink coffee and alcohol withou t worrying is considered satisfying. Infant feeding should not be considered a lifestyle choice but rather as an essential health concern. Breastfeeding should be the only option when having a baby unless there is medical reason to why it can’t be done. Popularity towards relying on breastfeeding alternatives increased around the 20th century when they became more available to the public. People immediately took interest in the new products found on the market. For several years people considered bothShow MoreRelated Breastfeeding Essay1127 Words   |  5 PagesThrough the years there has been a debate about whether babies should be fed exclusively on breastfeeding or not. One of the most difficult decisions for new mothers is to decide which diet to follow with her babies. Decisions include relying on the natural choices of breastfeeding or following the advice given by relatives, doctors, pediatricians and infant formula manufacturers. Controversies continue over the years . As many more mothers now want to nurse their babies, formula advocates claim thatRead MoreMotivation to Breastfeed592 Words   |  2 PagesI wanted a psychology article on breastfeeding. I have ideas of breastfeeding research I want would like to do for my senior thesis (if I get into the honors psychology program), and down the road for my dissertation. I selected this article from other breastfeeding ones because it uses data, and because it talks about the motivation behind breastfeeding. As a lactation consultant I encounter times when I can tell that the mother comes to me because â€Å"breastfeeding is just what you do,† but reallyRead MoreBenefits Of Extended Breast Feeding And Link Between Chronic Disease1961 Words   |  8 Pagesbenefits for infants health, growth, immunity and development.† (Healthy People 2010, Centers for Disease Control and Prevention) The nutritional benefits of breastfeeding a newborn are known; however new studies are showing that extended breastfeeding is linked to preventing chronic disease, later in adulthood. These finding are significant because the prevalence of chronic disease worldwide is growing, especially in our nation. I will discuss the main benefits of breastfeeding, define extended breastfeedingRead MorePros And Cons Of Breastfeeding1613 Words   |  7 Pageswhich parents base there decision on comfort, convenience and finance but little do most parents know the decision being made can have damaging long term effects than that of the present. There is plenty of research that state the significance of breastfeeding that go far beyond the extent of bonding between mother and newborn. Although, that too is important. Breast milk is known to contain antibodies which can help the newborn in developing a strong immune system which influence all the body systemsRead MoreThe Effect Of Breastfeeding On The Immune System Against Viral And Bacterial Infection Essay3390 Words   |  14 Pageswas one third of an IQ point per month of breastfeeding. This doesn’t sound like much, however, a child breastfed for a full year could gain a full four IQ points, according to the study. 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Formula feeding is acknowledged to raise the risk of many diseases, and even raise the incidence of infant death due to SIDS (sudden infant death syndrome). Therefore formula should be reserved only for extreme circumstances. If it can be accomplished, breastfeeding is the most crucial measure that can be completed