Boivail case

First, Persuasive evidence of an arrangement exists. We can see that there must be an arrangement between Avail and distributor. Second, the sellers price to the buyer is fixed or determinable.Third, collegiality is reasonably assured. Fourth, Delivery has occurred or services have been rendered. From here, we could recognize revenue of the company according to FOB. FOB shipping point, title to the property rangers to the buyer when it leaves the shipping dock and therefore revenue should be recognized at that point. With FOB destination, title does not transfer to the buyer until they receive the goods and thus revenue is not recognized until that point 3. How does the accident affect the stated revenues under different FOB contract structures? Explain your reasoning? If Avail recognizes revenues when the product leaves Violas FOB shipping point then revenue should be recognized at that point. Therefore, the truck accident would have had no impact on Violas third quarter uncial results because the title to the product and the risk associated with the accident would have passed to the Distributor as soon as the truck left Violas. Then, overstating revenues and net income on financial statement should not have happened. However, Distributor mentioned that they recognized the distribution as FOB destination then revenue will only be received by Avail until goods arrived at the point, so if Avail recognizes revenue when the product has reached the Distributors FOB destination it has recognized revenue when it has been earned and ill accurately state revenues and net income on its financial statements. 4.Are you concerned about the companys treatment of analysts who cover the stock? Would you want to be an analyst covering this company? Yes, I am concerned especially about the downgraded stock recommendation that was given to Avail. However, I would not be an analyst covering the company because there were too many misleading information in the company that would cause me as analyst to formulate wrong decision. Moreover, it might also ruin my reputation as analyst if I formulated wrong decision.

Risk of studying abroad Essay Example | Topics and Well Written Essays - 1500 words

Risk of studying abroad - Essay Example The world is rapidly changing and tending more towards independence, therefore, understanding the culture, language, perspective, needs, and concerns of people from outside one’s own country helps students to cope better with the rapidly changing and complex world. This priceless experience cannot be achieved by simple tourist excursions to foreign countries. The study abroad experience allows students to be fully immersed into the culture of people within a foreign country. Keywords: Study Abroad, Culture, Foreign Countries, Students, Introduction There are a number of factors that contribute to the surge of study abroad among students in the world over. First and foremost is the increased ease of travel from one point in the world to another (Bryam & Feng, 2006). Travel is a pleasant and common past time among many university students. For many students living in developed countries, and especially those from affluent backgrounds, study abroad is an extension of this love fo r travel, and the desire to experience life in different cultures and different parts of the world. Study abroad is on an upward trend due to political shifts taking place in many parts of the world. In countries such as the U.K., the government encourages local universities to take up students from other nations across the globe (Bryam & Feng, 2006). Along with this, governments within political unions, such as the European Union (EU), encourage students from their countries to pursue studies in other EU member states (Bryam & Feng, 2006). Economic prospects also influence the decision to study abroad. For students from developing countries of Africa and Asia, study abroad bears the promise of a better career and employment prospects, due to the status associated with studying abroad (Bryam & Feng, 2006). It also provides them with an opportunity to attend some of the world’s best institutions, like the Ivy League institutions, as well as receiving a matching quality of educ ation. Increased cultural interaction also encourages study abroad. This is due to the fact that it improves the cross-cultural intelligence of an individual, promotes international relations among different countries, and adds an extra aspect to the learners’ educational encounter (Bryam & Feng, 2006). Risk Associated with Studying Abroad Like with any experience that requires one to move away from their comfort zone, as well as daily life routine and culture, there are risks associated with study abroad. In this paper, the risks associated with it are broadly categorized into psychological, financial, legal, and educational risks. Psychological risks These are risks that related to the social and emotional wellbeing of students that result from the overall experience of being in a new culture and different environment. According to Butzer, being in a new country is akin to being in a new environment. This in turn means that students have to adapt afresh to new cultures, foo ds, customs and acceptable social norms, as well as new illnesses and health risks (2013). These challenges pose the ultimate risk of culture shock associated with being in a new

Ethics in Christianity Essay Example | Topics and Well Written Essays - 500 words

Ethics in Christianity - Essay Example The Ten Commandments cover ten of the most major ethical points in the Christian religion. These ten ethical concepts range from treating family members and elders with respect, to not committing murder, stealing, or being adulterous. There are also commandments that focus on the the role of God and the purpose of God in the lives of others, making it clear that Christians are not allowed to look to any other god or idol as the one true God. While this may not immediately seem to have anything to do with ethics, as aforementioned God and Jesus play big roles in the ethics that people accept and implement into everyday life. Other idols might not preach the same concepts of ethics, so it becomes vital for Christians to keep their eyes only on God and Jesus to help lead them to the right response.The Bible itself can be viewed as a guideline for Christian ethics. Especially in the New Testament there are stories upon stories about how Jesus treats others, emphasizing on the importance of treating others the way that you would want to be treated. This is yet another method to decide what is considered ethical or unethical in the Christian faith. The Bible is full of these lessons laid down by Jesus and his followers. Absolute truth is when something is true in all times and places, while relative truth is only true at one time and in one place. The only aspect of these ethic principles that are not absolute are the ones in regard to the role of God in the lives of people.