Tuesday, August 6, 2019
Davidson ethos. Recommenaatlon Essay Example for Free
Davidson ethos. Recommenaatlon Essay At the core, these three transformationsâ⬠in manufacturing, product development and at retailâ⬠come down to one thing: we must ensure, in a world of ever-increasing customer expectations, Harley-Davidson continues to fulfill dreams through remarkable motorcycles and extraordinary customer experiences far into the future (Harley Davidson, 2011, p. 5). All of HDs improvements end here. The improvement require all stake holder to work together to make the customer experience unique. The improvements, if effective will add to the Harley My recommendation to Harley executives is to remember to stay true to the brand, but to attempt to market products to find new consumer within the US. Since HDs inception, Harley has been associated with the freedom of America, but it may be losing it American consumer while changing to a global market. Harley-Davidson demographics has long shown its reliance on an overwhelmingly white, male and middle-aged consumer base would ultimately challenge sales in North America, where it still earns two-thirds of its revenue (Kelleher, 2013). The goal that I propose s to include marketing to a younger group with a disposable income. I have been introduced to Harley; in fact, I learned to ride on a Buell in a Harley Drivers Edge Safety Course. I an African American female and have never been in the Harley advertising demographic. Harley does have a female riders program but its not advertised. All of the commercials that I have seen for Harley actual talk about the experience and financing. Although it is an American institution like a lot of older brands, it may lose it appeal a younger population. Increasing its consumer base an only be beneficial to its other stakeholders. It may potentially prevent manufacturing Jobs from being transferred outside of the U. S. as Harley seeks consumers in other locations. Harley Davidsons use of strategic management is in line with the needs of its main stakeholders. The companys mission acknowledges the need to meet the demands of all stakeholders for a more effective organization. Harleys vision recognizes what HD brand means to the consumer. The organizations goals and objectives seek to make the brand more effective in the current global arket while satisfying the needs of its stakeholders.
Types of CAPTCHA
Types of CAPTCHA Text-Based CAPTCHAs CAPTCHA was at first conceived by Andrei Broder and his associates in 1997 and around the same time Altavista site utilized this technique as a HIP around the same time. This strategy utilized a contorted English word that a client was made a request to sort. The bended word was less demanding for clients to see however troublesome for bots to perceive utilizing OCR procedures. Content based CAPTCHAs are as a picture containing a hard to perceive content string to be distinguished and written by the client in a content box gave close to the CAPTCHA picture on the Web page. The CAPTCHA picture is of low quality with various types of clamor and solid debasement connected to it. Blum and Von Ahn in Collaboration with Yahoo contrived EZ-Gimpy and Gimpy CAPTCHA to shield talk rooms from spammers. These CAPTCHAs challenges have been broken by lexicon assaults which contained a predetermined number of words in them. A more secure sort of content based HIP, called reCAPTCHA has been proposed by similar creators. Confuse Text CAPTCHA is the Xerox Pato Alto Research Center (PARC) form of Gimpy test. Unmistakable content based CAPTCHA methods incorporate Scatter Type, Handwritten Word based CAPTCHA and Human Visual System veiling Characteristic CAPTCHA. Different specialist organizations on the Internet like PayPal, Hotmail and YouTube utilize their own forms of content construct CAPTCHAs considering their sites and overhaul them with more current forms every now and again. With a point of enhancing ease of use of content based CAPTCHAs, Richard Chow et al have proposed a nonexclusive system for changing over a literary CAPTCHA into an interactive CAPTCHA. It propos es situation of various content CAPTCHA pictures in a matrix among which some are English words while others are not. The client must tap on all legitimate English words to breeze through this CAPTCHA test. Image-Based CAPTCHAs Blum and Von Ahn proposed at first picture based CAPTCHA called ESP-PIX CAPTCHA. It utilized a bigger database of photos and energized pictures of ordinary items. The CAPTCHA framework gave a client an arrangement of pictures all connected with a similar question or idea. The client was required to enter the question or idea to which every one of the pictures had a place with e.g. the program may show pictures of Globe, Volleyball, Planet and baseball anticipating that the client should effectively relate every one of these photos with the word ball. When all is said in done picture based CAPTCHAs show a visual example or idea that the client needs to distinguish and act as needs be. Diverse picture based CAPTCHA plot utilizes distinctive examples or ideas which are anything but difficult to be perceived by the clients and troublesome for the bot projects to mimic. Other than a few others, this class of CAPTCHA strategies include: Microsoft Asirra, Image Generation for Internet Authe ntication, Image Block Exchange and Face Recognition CAPTCHAs. Mosaic-based Human Interactive Proof called MosaHIP proposes a CAPTCHA conspire for securing the download of asset against Web-bots. It utilizes a solitary bigger picture called mosaic picture which is made from littler and halfway covering genuine and fake pictures. The client needs to drag an asset communicated in type of versatile content protest on the site page and drop it onto the zone of the mosaic picture containing the picture showed in the CAPTCHA picture. Google has proposed a CAPTCHA strategy in which a client must alter randomly pivoted pictures to their upright positioning. As of late, an Image Flip CAPTCHA technique proposes utilization of a composite CAPTCHA picture involving flipped and non-flipped pictures. The client needs to tap on all pictures that show up as ordinary and with no flip connected to them. Audio-Based CAPTCHAs The main sound based CAPTCHA was actualized by Nancy Chan to give another option to content based CAPTCHAs for outwardly impeded individuals. Sound CAPTCHAs take an arbitrary grouping drawn from recordings of straightforward words or numbers, consolidate them and add some unsettling influence and clamor to it. This recording is played when the client clicks a catch gave on the website page. The CAPTCHA framework then requests that the client enter the words or potentially numbers in the recording. Sound CAPTCHAs are more hard to tackle, hard to internationalize and more requesting as far as time and endeavors in contrast with content and picture CAPTCHAs. Notwithstanding, sound based CAPTCHA tests have turned into an option for outwardly impeded individuals. Most Web administrations incorporate it notwithstanding content and picture CAPTCHAs. Different CAPTCHAs Besides above sorts of CAPTCHA tests, Collaborative Filtering and Implicit CAPTCHA challenge have been proposed in writing. Joint separation CAPTCHAs approaches contrast from others in the scenes that CAPTCHA creators dont know at first the right solution for their planned CAPTCHA, however measure it from human conclusion. Understood CAPTCHA proposes single tick difficulties recognized as fundamental perusing joins which can be replied through involvement of the setting of the Website.
Monday, August 5, 2019
The Story Of Adam And Eve Theology Religion Essay
The Story Of Adam And Eve Theology Religion Essay Faithful Christians all around the globe believe in the same story that is presented in the book of Genesis in the Holy Bible; The Story of Adam and Eve. This story supports the creation of the first two humans to walk on earth and why we have the ability to sin. Not everyone believes this though, throughout the years there have been many different interpretations of the Adam and Eve story. The main types of differences in interpretations are: some people believe in the story, some think the story has no value, and some think there is another meaning to the story instead of the one we all describe now. With this taken into consideration, there are many interpretations of the story of Adam and Eve in Christianity that gives different insight to the story. Starting with the creation of this story, it is located in the book of Genesis. The story was created by the Samarians who passed it down to the Babylonians. The story states that there were two humans, Adam and Eve, who were created by God. God first created Adam. One day Adam told God he was lonely and wanted a companion. God then created animals to keep Adam company to take care of them. Adam again said he was still feeling lonely, so God took one of Adams ribs to create Eve. They were told to live in a garden called The Garden of Eden. This was a beautiful garden where everything was supplied for them to live and prosper. God had one rule only for them, to not eat the forbidden fruit from the tree of knowledge, if they did there would be serious consequences. As Adam and Eve explore their new home Eve finds a serpent in the tree of knowledge, this serpent represents the devil. The serpent convinces Eve to eat the fruit from the tree of knowledge. Eve could have thought it was car eless fun and nothing bad would come of it. Giving into temptation may be fun at first, but the consequences are never worth it.(Campus Life,2001)Suddenly Eve starts to see the consequences of her action. Adam and Eve do not know they are naked at this time, but Eve soon realizes Adam and she are naked. She convinces Adam to eat the fruit with her and they both now have disobeyed God. God returns and finds Adam and Eve hiding in a bush. He asks them why they are hiding from him. Adam and Eve reply they are naked and need to cover themselves. God knows that they had eaten from the forbidden tree. God punished them by having each child born from Adam and Eve to be born with original sin. God also had them banished from The Garden of Eden and to live among the animals. This story has been around for thousands of years, meaning there are plenty of ways to interpret this tale. This shows that What we have sought to affirm through the centuries in pointing to the GenesisÃâà storyÃâ à is human solidarity.(Arraj Tumulty, pp.21) The literal interpretation of the story is one the most believed and most taught around the world. It states many things, first it says God created Adam and Eve in his own image. This is self explanatory since it is stated almost exactly like that in the text. As God takes the rib from Eve it shows that they will be joined together forever as God creates Eve in his own image. Once Eve was created she was considered the mother of all things living and Adam was considered the father. Basically, the story is saying they started all of humanity. Another literal meaning from the story is that Eve was deceived by the serpent who was the devil. This showed that the devil is always trying to tempt us to go his way instead of towards God. As we Christians move away from doing good works they are reenacting when Eve took the forbidden fruit. Once this was discovered God banished the devil from the Garden of Eden, therefore overcoming the serpent. In the end Jesus came and saved the Christians from sin by overcoming the serpent.This interpretation of the story is what people get from the text without going into greater detail of the meaning through the eyes of a faithful Christian. Some argue that the stories in the Bible are just for spiritual growth and comfort. Regarding the story of Adam and Eve, there are multiple signs that give people spiritual comfort. With the creation of Adam and Eve we were created in the image of God, showing that we are all equal and beautiful in the eyes of God. To show God our thanks Christians worship him in church, which also has come from God. Just like Adam, God , figuratively speaking, took one of his ribs and created a church. Which is now church considered Gods home, or the Mother of Spirits, and was built for our spirits to be forgiven. This directly relates to Eve who is the mother of mankind. As she was deceived by the devil so was the church. This made it harder for the Church to be spiritually reborn. Then Jesus arrived and overcame the devil and the church was reborn. This meaning is what is suppose to be taken from the story according to the Bible. The Bible warns us not to be literalistic. We should serve in the ne wness of the Spirit and not in the oldness of the letter. (Romans 7:6) (What The Bible Says About) Everything from the Bible is spiritual and good lessons of ways to live life. Spiritual and literal interpretations of the story of Adam and Eve both have valid points. Each gives a background taught to Christians around the world. One type of interpretation we dont hear often is how this story could be a story commemorating the two people who formed their first society. It seems Adam and Eve story in Garden of Eden could be an actual and normal event, and not the Creation story of Adam and Eve as the first couple on the surface of the earth, but rather the first couple who founded a tribe which their decedents were remembering them.(Gollestani, The Truth Shall) This makes sense, showing that Adam and Eve could have been nomads wandering until they found the perfect spot to develop a community. With a community comes rules and regulations. God could have been a nomadic leader or king that set the first ground rules of civilization. For example, no killing, no stealing, and a judgment before a prosecution must be held. Now the story of Adam and Eve was found ma nly from Mesopotamian tablets and the holy Bible. So the Mesopotamian people could have been the ones telling a story to show there thanks to Adam and Eve for the creation of their community. These show that this story could have actually been to thank the creators of a nation instead of having a true moral meaning. With science being one of the biggest phenomenons of the modern day, it helps us decide what is possible and what is not possible. Can science overtake the way people believe in religions today? Many scientists do believe this and even have a say in the story of Adam and Eve. As already known, people who are strict believers in only scientific means think that the world was created by the big bang theory and everything evolved from evolution. This is already against popular belief of most people in the world, since Christianity is believed by 2.1 billion people. Adam and Eve were created by God, in the image of God, and to start all mankind stated by Christian beliefs. As stated in an article by Christianity Today, Reports claim of recent genetic research that the human race did not emerge from pre-human animals as a single pair, as an Adam and an Eve. The complexity of the human genome, we are told, requires an original population of around 10,000.(Christianity Today, pp.61) This i nterpretation has no belief of religion or faith just the justification of science. Its hard not to believe in facts that have been scientifically proven. People have started to believe more and more in science and religion that they even started a new one called Scientology. Scientology believes in pure scientific means of religious beliefs. All Christians and other religions that believe in God, whole heartedly believe God is everything and would never do anything to harm us. In this interpretation of the Adam and Eve story , it seems that God setup Adam and Eve. The part of the story where God is explaining to Adam and Eve that they are not allowed to eat from the tree of knowledge, it makes it seem as if God wants them to eat from it. He plants this special tree in the middle of the gardenà ¢Ã ¢Ã¢â¬Å¡Ã ¬on display.(Emerging Truths, 2011) It shows that God says not to eat from it but in reality he really wants Adam and Eve to eat from it. There is a point as stated by Emerging Truths that says God winked at the reader saying watch they will eat it right now. Continuing the story, the serpent was thrown in there to have someone tempt Eve into eating from the tree, if the serpent was not in the story then the curiosity of Adam and Eve would have gotten the better of them and they still would have eaten from the tree. Even though it is somewhat bizarre to hear that God was trying to purposely trick Adam and Eve into eating the fruit, it is another way to view a legendary story with many interpretations. The story of Adam and Eve will stay alive for as long as this earth is still spinning. As one of the cornerstones of the human race, it is hard to forget something like that. Five interpretations for this story are very little compared to the amount of information and opinions out there. The truth of the matter is we will never know what the true meaning of this story was. It is good to have different views on the story so everyone can use it for self improvement and entertainment. The people who created it have a meaning and it is up to us to take it how we want. As the Bible stated, do not take the stories literally. The story of Adam and Eve will always be around to interpret by generations to come.
Sunday, August 4, 2019
Religion In America, 1492-1790 :: essays research papers
Religion in the New World exploded into the land with the colonization of thousands of immigrants. It played an important role in the development of thought in the West. Religion was one of the first concepts to spark the desires of people from other countries to emigrate to the new lands. While many religions blossomed on the American shores of the Atlantic, a basic structure held for most of them, being predominantly derived from Puritanism. Jamestown, the first permanent English settlement, showed the link the new settlers had to God when Sir Thomas Dale said the following in 1610: Be not dismayed at all For scandall cannot doe us wrong, God will not let us fall. Let England knowe our willingnesse, For that our work is good; Wee hope to plant a nation Where none before hath stood. (Morison, pg. 89) Originally, when Christopher Columbus landed on the shores of America en route to Asia, he was not interested in discovering new lands. Most Europeans at the time were looking for a way to get at the oldest part of the Old World, the East Indies. An ocean route was sought to the countries that were believed to contain riches beyond European comprehension, thus avoiding having to pay hundreds of miscellaneous middlemen involved with trade, also making for a shorter journey. These motivations were accompanied by the desire to convert the heathen to Christianity, which had been declining since the rise of Islam. By uniting some of the Western Asian countries with Christianity, Europeans hoped to form a formidable team against the Turks and recover the valuable Holy Land (Morison, p.55). Columbus was sure that God had sent him to complete this task and that he was destined to carry the good Christian ways to heathen lands. A Spanish settlement was made in 1609 named Santa Fe in what is now New Mexico (Curti, p.167). Hundreds of thousands of Pueblo Indians were then converted to Christianity. At the same time, across the country, England was establishing its first settlement at Jamestown. Originally the English, who colonized alongside the French, saw settlements in the New World as strictly trading posts, but they soon realized the valuable opportunities that lay in the virgin lands of America, such as cotton, tobacco, and several other agricultural products that could not be found anywhere else. Many of Englandââ¬â¢s problems could be solved in America, and so colonization began. When the earliest settlers came, England had the responsibility to continue the Protestant Church, and prevent the Catholic Church from converting the entire Native American population of North America (Morison, p.105) A potential Protestant refuge could be based there in the threat of civil wars or a change of religion. Religion In America, 1492-1790 :: essays research papers Religion in the New World exploded into the land with the colonization of thousands of immigrants. It played an important role in the development of thought in the West. Religion was one of the first concepts to spark the desires of people from other countries to emigrate to the new lands. While many religions blossomed on the American shores of the Atlantic, a basic structure held for most of them, being predominantly derived from Puritanism. Jamestown, the first permanent English settlement, showed the link the new settlers had to God when Sir Thomas Dale said the following in 1610: Be not dismayed at all For scandall cannot doe us wrong, God will not let us fall. Let England knowe our willingnesse, For that our work is good; Wee hope to plant a nation Where none before hath stood. (Morison, pg. 89) Originally, when Christopher Columbus landed on the shores of America en route to Asia, he was not interested in discovering new lands. Most Europeans at the time were looking for a way to get at the oldest part of the Old World, the East Indies. An ocean route was sought to the countries that were believed to contain riches beyond European comprehension, thus avoiding having to pay hundreds of miscellaneous middlemen involved with trade, also making for a shorter journey. These motivations were accompanied by the desire to convert the heathen to Christianity, which had been declining since the rise of Islam. By uniting some of the Western Asian countries with Christianity, Europeans hoped to form a formidable team against the Turks and recover the valuable Holy Land (Morison, p.55). Columbus was sure that God had sent him to complete this task and that he was destined to carry the good Christian ways to heathen lands. A Spanish settlement was made in 1609 named Santa Fe in what is now New Mexico (Curti, p.167). Hundreds of thousands of Pueblo Indians were then converted to Christianity. At the same time, across the country, England was establishing its first settlement at Jamestown. Originally the English, who colonized alongside the French, saw settlements in the New World as strictly trading posts, but they soon realized the valuable opportunities that lay in the virgin lands of America, such as cotton, tobacco, and several other agricultural products that could not be found anywhere else. Many of Englandââ¬â¢s problems could be solved in America, and so colonization began. When the earliest settlers came, England had the responsibility to continue the Protestant Church, and prevent the Catholic Church from converting the entire Native American population of North America (Morison, p.105) A potential Protestant refuge could be based there in the threat of civil wars or a change of religion.
Saturday, August 3, 2019
Writing Center Internship paper :: Teaching Authors Essays
Writing Center Internship paper Connective Thinking, Mimetic Thinking, and Minimalist Tutoring Pedagogy For the past two years, I have worked as a tutor at the Rutgers Writing Center as a ââ¬Å"minimalist tutor.â⬠Anthony Lioi, author of ââ¬Å"Small Victories: The Practice and Process of Tutoring,â⬠defines minimalist tutoring as ââ¬Å"a method that requires students to solve their own problems under the supervision of a tutor who acts as a coach, a more experienced peer, rather than an editorâ⬠(Lioi, 1). At Rutgers, minimalist tutoring works in conjunction with The New Humanities Reader, which was put together by Kurt Spellmeyer and Richard E. Miller and has as its goal the promotion of ââ¬Å"connectiveâ⬠as opposed to ââ¬Å"mimeticâ⬠thinking. Lioi offers the clearest distinction between connective and mimetic thinking when he says, ââ¬Å"ââ¬â¢mimetic thinking,ââ¬â¢ [is] designed to demonstrate mastery of a pre-established realm of knowledge, and ââ¬Ëconnective thinking,ââ¬â¢Ã¢â¬ ¦ links disparate realms of learning in new and unexpecte d patterns to solve problems unanticipated by traditional forms of knowledgeâ⬠(Lioi 1). To this end, minimalist tutors are trained in a ââ¬Å"hands offâ⬠method that emphasizes the importance of giving students exploratory writing exercises to do on their own during the tutoring session and discourages the practice of ââ¬Å"correctingâ⬠studentsââ¬â¢ papers to ââ¬Å"create a ââ¬Ëperfectââ¬â¢ paperâ⬠(2). In my time at the Writing Center, I worked with many students and had much success with the minimalist tutoring methods. However, sometimes with some students, I did not seem to be very effective. I was never sure why the tutoring did not seem to be helping these students, and I couldnââ¬â¢t tell what, if anything, they had in common with each other that would make minimalist tutoring less effective. I was often tempted to break the ââ¬Å"rulesâ⬠of minimalist tutoring and to apply a more hands-on approach, but I was afraid I would be e ven less useful to them if I did. Finally, I was faced with a student who simply was not getting anywhere with the tutoring, even though I could tell he was working hard. I decided to break the rules and give him the help I thought he needed. In the process, I figured out that minimalist tutoring fails many students for the exact reason that it is effective with so many others. The emphasis of connective thinking over mimetic thinking in the Rutgers Writing Program, and the way that emphasis is translated into minimalist tutoring practices, ignores the specific needs of students who come to Rutgers without a strong background in expository writing.
Friday, August 2, 2019
Graduation Speech -- Graduation Speech, Commencement Address
Are we there yet? Have we reached our destination? We've been traveling for 13 long years. We've only had a few brief rests along the way. We're tired and we're cranky and we just want to know, are we there yet? Lookingback at our road, we see the many different routes we have taken to end up where we are now, here, at graduation day. Most of us have arrived on time. A few are still on their way, maybe broken down or sidetracked. We hope they'll come soon. But today is not our destination or ambition. It's not our journey's end. It's a rendezvous place. A site from which we'll all head out, once again, on different roads. We may never congress in one place like this again. Graduation has been our common focus for 13 years. Is there a common focus for the rest of ourjourney? Can the many routes we will choose in our lives ever lead us to a single rendezvous place again? Can we focus on a destination or objective for which we will all be driven to reach in the years to come? I think so. I agree with Robert Fulghum who wrote, "All I Really Need to Know I Learned in Kindergar...
Thursday, August 1, 2019
High School Finance Teacher
Accrual vs. Cash Basis Accounting Alicia Wiley Grantham University Abstract In this paper I have defined accrual and cash basis accounting. Also, I have answered the following questions: Explain the difference between the accrual basis of accounting and the cash basis of accounting. What are the major reasons for using accrual accounting? What are the purpose of a journal and a ledger? Give an example of a contra-asset, and explain how it is recorded on the ledger as a transaction. Explain what a ââ¬Å"prepaid expenseâ⬠is and how it is recorded on the ledger as a transaction.What are the major differences in recording transactions for a for-profit organization versus a not-for-profit, or are there any? List and record each transaction for S. Zee Outpatient Clinic under the accrual basis of accounting at December 31, 20X1, then develop a balance sheet as of December 31, 20X1, and a statement of operations for the year ended December 31, 20X1. How do capital structure rations an d liquidity rations differ in providing insight into an organizationââ¬â¢s ability to pay debt obligations?Identify and explain two situations where an organization might have increasing activity rations but declining profitability. Explain the difference between the accrual basis of accounting and the cash basis of accounting. What are the major reasons for using accrual accounting? Cash accounting and accrual accounting are two similar methods of maintaining accurate accounting records. While the two approaches share many aspects in common, there are two key differences that distinguish each method from the other.Essentially, the difference between cash accounting and accrual accounting boils down to the way debits and credits are applied in the bookkeeping process. To understand the difference, it is first necessary to define each type of accounting process. Cash accounting, which is also known as cash basis accounting, allows for the recognition of income at the time it is ac tually received. This means that invoiced income is not counted as an asset until payment for the invoice is actually in hand. The same approach is applied to debits, in that any expenses incurred are not osted until they are paid. In contrast, accrual accounting does recognize income at the time it is earned. As goods or services are invoiced, the invoices are posted and counted as assets. They remain in this state until the face value of the invoice is credited for some reason. In like manner, any expenses are also posted at the time they are incurred or an invoice for those expenses is received, and remains open until the expenses are paid. Most mid-level and large businesses today tend to rely on the use of the accrual method rather than cash accounting.Doing so allows a business to determine at a glance how much cash is in hand, how much is currently pending in outstanding invoices, and what current expenses are awaiting payment. What are the purpose of a journal and a ledger? The purpose of the general ledger is to record all financial transactions for a company or person and total them on a net basis (plus accounts less minus accounts) for a certain time frame according to a summary chart of accounts. The general ledger provides the important information necessary for the preparation of all basic reports required by a company or individual.For example, the general ledger will allow the preparation of balance sheet reports and profit and loss reports for all accounting periods under review. This helps to explain why the general ledger is so important. Journal is used to record transactions in chronological order Give an example of a contra-asset, and explain how it is recorded on the ledger as a transaction? Contra-asset is an asset which, when increased, decreases the value of a related asset on the books. An example of a contra-asset is the Allowance for Doubtful Accounts, which is the contra asset to Accounts Receivable.Contra-asset would be recorded on the balance of the debit matched up against the contra-asset credit. Explain what a ââ¬Å"prepaid expenseâ⬠is and how it is recorded on the ledger as a transaction? A prepaid expense, such as rent or insurance, is a type of current asset. It is recorded by decreasing Cash and increasing the prepaid amount by the same amount. Thus, the transaction only occurs in the Asset section of the Balance Sheet, and it is a zero-sum transaction. What are the major differences in recording transactions for a for-profit organization versus a not-for-profit, or are there any?For-profit organization would record certain transactions under Ownerââ¬â¢s Equity, whereas the Not-for-Profit would use Net Assets. Also, a for-profit would not show restrictions on Ownersââ¬â¢ Equity. List and record each transaction for S. Zee Outpatient Clinic under the accrual basis of accounting at December 31, 20X1, then develop a balance sheet as of December 31, 20X1, and a statement of operations for t he year ended December 31, 20X1. Journal Entries | | | | | | a | Cash | | 3,000,000. 00 | | | Unrestricted Contribution | | | 3,000,000. 00 | | | | | | | Equipment | | 2,000,000. 00 | | | Cash | | | 2,000,000. 00 | | | | | | c | Cash | | 1,000,000. 00 | | | Bank Loan | | | 1,000,000. 00 | | | | | | d | Supplies | | 1,500,000. 00 | | | Cash | | | 1,500,000. 00 | | | | | | e | Accounts Receivable | | 5,500,000. 00 | | | Service Revenue | | | 5,500,000. 00 | | | | | | f | Supplies Expense | | 1,000,000. 00 | | | Supplies | | | 1,000,000. 00 | | | | | | g | Cash | | 500,000. 00 | | | Unearned Service Revenue | | | 500,000. 00 | | | | | | h | Labor Expenses | | 2,000,000. 00 | | | Cash | | | 2,000,000. 00 | | | | | | | General Expenses | | 1,500,000. 00 | | | Cash | | | 1,500,000. 00 | | | | | | j | Cash | | 4,500,000. 00 | | | Accounts Receivable | | | 4,500,000. 00 | | | | | | k | Unearned Service Revenue | | 300,000. 00 | | | Service Revenue | | | 300,000. 00 | | | | | | l | Bank Loan | | 100,000. 00 | | | Cash | | | 100,000. 00 | | | | | | m | Interest Expense | | 50,000. 00 | | | Cash | | | 50,000. 00 | | | | | | n | Cash | | 100,000. 00 | | | Restricted Donation | | | 100,000. 00 | | | | | | o | Depreciation Expense | | 200,000. 00 | | | Accumulated Depreciation | | | 200,000. 0 | | | | | | p | Bad Debt Expense | | 500,000. 00 | | | Accounts Receivable | | | 500,000. 00 | | | | | | | OPERATIONS SUMMARY | | | | | | | Service Revenue | | | 5,800,000. 00 | | Less:Expenses | | | | | Supplies Expense | | 1,000,000. 00 | | | Labor Expenses | | 2,000,000. 00 | | | General Expenses | | 1,500,000. 00 | | | Interest Expense | | 50,000. 00 | | | Depreciation Expense | | 200,000. 00 | | | Bad Debt Expense | | 500,000. 00 | | | | | 5,250,000. 00 | 5,250,000. 00 | | | | | | | Net Income from Operations | | | 550,000. 00 | | | | | | | | | | | | | | | | | | | | |BALANCE SHEET AS ON 31 Dec | | | | | | | Assets : | | | | | Cash | | 1,950,000. 00 | | | Equipment | | 2,000,000. 00 | | | Supplies | | 500,000. 00 | | | Accounts Receivable | | 500,000. 00 | | | | | | | | Total Assets | | 4,950,000. 00 | | | | | | | | Liabilities | | | | | | | | | | Un restricted Contribution | | 3,000,000. 00 | | | Restricted Contribution | | 100,000. 00 | | | Net Income | | 550,000. 00 | | | Unearned Service Revenue | | 200,000. 00 | | | Bank Loan | | 900,000. 00 | | | Accumulated Depreciation | | 200,000. 00 | | | | | | | | Total Liabilities | | 4,950,000. 0| | How do capital structure rations and liquidity rations differ in providing insight into an organizationââ¬â¢s ability to pay debt obligations? Liquidity is a companyââ¬â¢s ability to meet its maturing short-term obligations. Liquidity is important for conducting business activity especially in times of adversity such as when operating losses occur due to economic conditions or drastic price increases of raw materials or parts. Liquidity ratios show a companyââ¬â¢s ability to generate sufficient cash to meet its obligations. Liquidity must be sufficient to cushion such losses.If not, serious financial difficulties may result. An indication of a companyââ¬â¢s ability to meet short-term debt obligations; the higher the ratio, the more liquid the company is. Identify and explain two situations where an organization might have increasing activity rations but declining profitability. Activity rations help assess how effectively a company uses its assets. Reference Zelman, W. , McCue, M. , Millikan, A. , and Glick, N. 2009. Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications. 3e. Hoboken, NJ: Wiley & Sons.
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