Thursday, January 30, 2020

Accrual Method Essay Example for Free

Accrual Method Essay The accrual method of accounting and the cash basis of accounting are different in the way that they record transactions. With cash basis accounting, the agency records money to its book once it is received or when it leaves their system. The accrual method, though, records a transaction when it happens, even if they do not receive money for it yet. Accrual accounting is a more accurate portrait of the nonprofit organization’s finances. If they supply a service they immediately record the cost of that service. This point of view is important because it is more accurate than the cash basis form of accounting, which only documents income when cash comes into the organization. The statement of cash flow is of fundamental importance to an organization’s financial management. This statement gives the organization a breakdown of every transaction that comes in or out. This is totaled up over a particular time period. If there are any differences in the organizational transactions, the statement of cash flow makes this clear. The financial stability of an organization rests on what money they make or spend every day. The organization might go bankrupt if they do not track how their money is spent. These accounting practices offer solid documentation of where money goes.

Wednesday, January 22, 2020

Ulysses S Grant Essay -- American History

Ulysses S Grant Although Ulysses S. Grant's contemporaries placed him in the highest position of great Americans along with George Washington and Abraham Lincoln, the twentieth century has seen him fade. His presidency has been almost universally condemned, and he is consistently ranked second to rock bottom Warren G. Harding in polls of historians to rate the presidents. Although his military reputation has declined as well, it nevertheless continues to win him a steady following. Even his most faithful admirers, however, tend to end their studies conveniently at Appomattox, and one senses a wide regret that Grant's public career extended beyond the Civil War. Taking note of this trend, John Y. Simon observes that some biographers "seem to have wished that Grant had accepted Lincoln's invitation to Ford's Theatre" on the night the president was shot- the night that John Wilkes Booth had intended to assassinate Grant along with Lincoln. Much of what has been passed down as an objective appraisal of Grant's presidency more closely resembles the partisan critiques that were produced by a relatively small group of performers during the 1870's-- in many ways the intellectual ancestors of the present historical profession. Although such a minority can sometimes be a source of enlightenment, in this case, it has contributed a monolithic picture of a complex era that is about as depressing as it is inaccurate. Little consideration is given the checkered nature of Grant's eight years of the Gilded Age. Michael Les Benedict observes that Grant "dominated his era, a stronger resident than most have recognized". In both the domestic and foreign realms, President Grant could claim a wide range of achievements. In the aftermath... ... the corruption / civil service reform issue was more important than such issues as Reconstruction, international crises, Indian affairs, and the multitude of economic matters, all combined. As William B. Hesseltine admits in his definitive study of President Grant, "Grant's enemies....stuffed the ballot boxes of history against Grant..." Bibliogaphy Garland, Hamlin. Ulysses S. Grant; his life and character. New York: Doubleday & McClure Co., 1898. King, Charles. The True Ulysses S. Grant. Philadelphia, London, J.B. Lippincott Company, 1914. Ringwalt, J. Luther (John Luther) Anecdotes of General Ulysses S. Grant illustrating his military and political career and his personal traits. Philadelphia: J.B. Lippincott Co., 1886. Richardson, Albert D. (Albert Deane). A personal history of Ulysses S. Grant. Hartford, Conn.: American Publishing Company, 1868.

Tuesday, January 14, 2020

Environmental Analysis Essay

As a way of promoting Skoal, the company utilizes print advertisements in magazines whose readers are 85% adults. Aside from this, the company also uses one-on-one events as a way to let the clients know more about Skoal and try out its products. Skoal’s promotions includes reach-out advertising, and it includes a very, very successful direct mail program that we have been running to adult smokers. In 2006, the company mailed to about 2.5 million adult smokers with a series of coupons and product information about Skoal and its products and have been very, very successful in converting about 5% of the people that we mailed to, to actual ongoing usage of moist smokeless tobacco products. (UST 2006 Analyst and Investor Conference) In addition, the company also has its own company website (http://www. ustinc. com/) and product website (http://www. skoalbrotherhood. com) that can be used as a tool for customers to access information about the product and the company 24/7. The product’s unique selling point is that it is the only smokeless tobacco that offers several flavors, cuts and pouches. In its advertisements, Skoal sports the tagline â€Å"A pinch better. † Skoal wanted to position to itself in its main target market’s mind as â€Å"the preferred way to experience tobacco satisfaction† – a vision that positions the company not as a smokeless tobacco company, but as a tobacco company whose consumer universe is all tobacco consumers. (UST 2006 Analyst and Investor Conference) Pricing The company utilizes the prestige pricing strategy and this is congruent with the image the brand is trying to project. Since Skoal is the only smokeless tobacco that offers a variety of flavors, cuts and pouches, it is only right for them to charge a price premium to maximize their profits. Over its course of business, Skoal has undergone through several price changes. However, for the entire year of 2006, the company has not yet raised it prices. Murray Kessler, manager of Skoal said â€Å"Prices per can depends on how much we spend on the promotional front and it depends on what we do with the competitors. † (UST 2006 Analyst and Investor Conference) So far though, the company does not see the need to raise prices. Comparing Skoal to other brands, it charges much higher prices as compared to competitors like Couper, Cougar, Gold River, and Grizzly but there are a few brands like Hawken and Kodiac whose prices are higher than Skoal. Sister brand Copenhagen charges the same price as Skoal. Distribution Skoal products can be purchased in several websites online and also several retailers. The company uses extensive distribution channels and which became an edge for Skoal. UST’s long-established brands distributes through tens of thousands of small retail outlets, and the unwillingness of major tobacco companies to enter this market (due to the poor image and social unacceptability of the product) have made UST’s market position unassailable. (Industry Analysis 7) The company does not operate any retailing stores but instead relies on third party retailers to get their products to their target markets. So far, Skoal products can be found in the United States and some parts of Canada but the management is eyeing Eastern Europe as an opportunity to expand Skoal internationally. Conclusion Skoal has been successful in implementing its strategy. Currently, Skoal belongs to the top of mind awareness of its target market when it comes to smokeless tobacco with it capturing 78% of the market together with its sister brands. In order to maintain this position, further significant investments in advertisements, branding, and promotions must be undertaken.

Sunday, January 5, 2020

Fantasy vs. Reality in a Midsummer Nights Dream Essay

Brittany Rose Dr. Pulling ENGL 2210-012 8 March 2012 Relationship Between Fantasy and Reality in A Midsummer Night’s Dream In A Midsummer Night’s Dream, Shakespeare easily blurs the lines of reality by inviting the audience into a dream. He seamlessly toys with the boundaries between fantasy and reality. Among the patterns within the play, one is controlled and ordered by a series of contrasts: the conflict of the sleeping and waking states, the interchange of reality and illusion, and the mirrored worlds of Fairy and Human. A Midsummer Nights Dream gives us insight into mans conflict with characteristics of human behavior. The play begins in the City of†¦show more content†¦And as I am an honest Puck, If we have unearned luck Now to scape the serpents tongue, We will make amends ere long; Else the Puck a liar call: So, good night unto you all. Give me your hands, if we be friends, And Robin shall restore amends.† (Shakespeare 5.1.425) The most interest ing part of this excerpt is that Puck (Oberon’s henchman) says that he and the fairies are only a figment of the imagination and that he and his fairy world do not exist at all. The audience is asked to look beyond the performance at the intention of the actors. This passage allows the audience to break their character. The show is over and the reality of their own life is now. This monologue by Puck slowly unravels the reality and fantasy world from one another. The play lies in transformation and the forest is the setting of change. Puck invites the audience to think of the play as nothing more than a dream, a midsummer night’s dream. Here, it is clear that Shakespeare is commenting on the reality of plays. Like midsummer dreams, plays arent real. All of the characters are hung in the audience’s suspension of disbelief. They are the product of imagination and fantasy and also involve the momentary suspension of reality. One of the key passages in the play is Theseuss speech on the lunatic, the lover, and the poet(Shakespeare 5.1.7) Lunatic’s hallucinate, lovers may view ugly as beautiful, and poets craft words from nothingness into something. ThroughoutShow MoreRelatedTheme Of Reality And Illusion In A Midsummer Nights Dream1057 Words   |  5 Pagespresent an accurate reflection of reality has proven to be a major source of inspiration for both authors and readers alike. Reality as a theme is prevalent in literature, and the numerous ways that reality and illusion intertwine. In William Shakespeare’s play, A Midsummer Night’s Dream, the illusory world which the characters inhabit is enhanced by the supernatural. 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In 1947 he told an Ole Miss English class that Shakespeare’s work provides â€Å"a cas ebook on mankind,† adding, â€Å"if a man has a great deal of talentRead MoreDeveloping Management Skills404131 Words   |  1617 Pages269 United Chemical Company 269 Byron vs. Thomas 271 Active Listening Exercise 272 SKILL APPLICATION 274 Activities for Communicating Supportively Suggested Assignments 274 Application Plan and Evaluation 274 274 SCORING KEYS AND COMPARISON DATA 276 Communicating Supportively 276 Scoring Key 276 Comparison Data 276 Communication Styles 276 Comparison Data 276 SKILL PRACTICE Diagnosing Problems and Fostering Understanding: United Chemical Company and Byron vs. Thomas 278 Observer’s Feedback Form