1) a. current liability: Money that a business owner must pay to a creditor within 12 months of the balance sheet date is a current liability. Ideally, short-term assets, such as cash and accounts receivable, should more than offset short-term liabilities, such as accounts payable, notes payable and payroll. If they do, the company 's short-term liquidity position is positive, which suggests the company will likely meet its cash-flow needs and remain a going concern. It is wise for a business owner to remain alert to his company 's current liabilities and the cash and assets that will be turned to cash within one year to meet these obligations. 1) b.
As you may noticed I bought some of the more expensive stocks, I did this because i thought that because they were more expensive the price would fluctuate more. I hoped it would work in my favor. Towards the middle of the simulation I started to get worried because Tesla was down $20 per share, and Panera was down $10 per share. Luckily Johnson & Johnson was up $16 per share. Since Johnson & Johnson was a low risk stock and it was up $6 I decided to sell my 1 share for $112.54, profiting $6 on that stock.
After the conclusion of WW1 the USA was in a war economy, and because of this industry boomed, causing a massive surplus of goods. This caused the prices of goods to go down, and with the creation of credit plans many families could afford extravagant luxuries, previously denied. This coupled with 18th amendment and prohibition, both of which backfired causing booze to be cheaper and easier to find thanks to moonshiners and speakeasies, made the decade wild overall. The average American could afford to party, and party they did. The rise in more risque dances, parties, and people (flappers) is what caused the US to over indulge, which directly lead to the great depression.
For a decade, money seemed limitless and people believed the boom would never end, causing the excessive spending of money that led up to the devastating economic collapse of the nineteen thirties. Cassandra Clare summarized the problem with excess when she said: “Too much of anything could destroy you. […] Too much darkness could kill, but too much light could blind.” Taking too much of water will wash away the salts the body. Acquiring too much knowledge at an early age will rob you of your innocence and youth and of your ability to enjoy the little things. Too much of love and affection may work against you one day or even the one you love.
For the purposes of this consideration an enterprise value of $2 billion will be used to correct for a possible overestimation of Six Flags enterprise value. When a company is going to losing value, as Six Flags is, investors will want to hold the safest securities they can to avoid all their value being eroded. In this case, neither common nor preferred stocks are going to receive any recovery. This is intuitive as creditors will not approve a reorganization that gives money to equity holders, as they want that cash to recover more of their losses. Ideally, H Partners would hold the most senior, unsecured debt that is available, in this case SFO bonds.
Poor people gamble more than wealthy or high-class people, therefore, losing more money (William). Poor citizens gamble more because they have hopes of making a quick fortune, therefore they gamble more. Lotteries take from the poor and give money to the middle and upper class (William). Schools that make good grade averages get money from the people who gamble and half the people that gamble is poor citizens. “ All sectors of the society play the lottery, but there is a disproportionate play among poor people(William).
One of the most recent economic developments that has surfaced is the contraversy of Fan Duel Sports Betting and Illegal Gambling. FanDuel started in 2009 and it is a way for Sports and Non Sports fans all over the world to assemble and wager money on professional sports teams. The winner of these betting pools receives some sort of cash reward. People put money in and most of the time take the loss because it is very difficult to win. It started off small in 2009 and then it began to rise quickly.
In turn, Travelers neglected to maintain finances, and Weill fired Dimon as a result of such competition (Hitt, Ireland & Hoskisson, 2012). Therefore, the Traveler's suffered a business loss with the outcome of Weill's firing of Dimon. Although, there are positive advantages to a general partnership like the buy and sell relationship which benefits the purchasing of stocks and purchasing methods for the business (Peterson & White, 2000). In other words, the value of stocks according to the business shares costs between partners when beginning a business. Despite the benefits of general partnership Jeb and Josh would have benefited with either a limited partnership or tenets in common, so both could share in the profits but have limits in liability to one another's
Making them legal could be beneficial but there would be problems with people being allergic to different enhancers so it will still leave them at a disadvantage. I believe that allowing enhancers in sports will defeat the purpose of competition because it would just become a contest to see who can become the biggest or fastest from a drug. Also allowing this would cause problems outside the athletic world because news would get around that athletes can use them so everyday people would want the same perks which would lead to more overdose deaths than there already is today which is up to about 20,000 people per year (“Overdose Death Rates”). These rates could multiply easily if doping was legalized so keeping it illegal is in the best interest for
The Basket of Friendship Society it causes separation to distinguish the differences between people, race, and class. It can also change how a person I seen or as been seen for example if someone wins the lottery. In an instant that person is an instant millionaire and every think they need or want they can have. However, in consumption with all the person wants it can take a change for the worst if they go broke buying everything. In that case the person has went from rich to poor in a year.
This was a big mistake because I failed to recognize to diversify my stocks, meaning I should have invested in multiple different stocks. After losing a ton of money with Yum, I sold it and bought into AVG, SeaWorld, and Nike. These stocks were at great prices and I knew I could make money. Well, this was true for a couple of days, I sold the AVG stock and turned a profit, but I should have sold my Nike stock because it went down a week later. In week 2, I sold my SeaWorld stock because I made a small profit and then bought into Telsa because Telsa is predicted to make a lot of money in the long run, but since this is just a 6 week simulation, it did not do so well for me, but I still
DSH’s collapse came as a major surprise to the market. Capital markets are very volatile and have a tendency to react to earnings and expectations of earnings. Before it fell, the consensus forecast for DSH advised investors that it would outperform the market. However, DSH’s share price shockingly fell over 84% since it made its FY15 reports available and dropped 47% alone after $60million inventory write-off announcement. These announcements were unanticipated as the analysts backed the company recommending ‘strong buy’ and the stock price took a thumping when their profit guidance