Business Accounting - 1359 Words

Unit 5 Business Accounting P5 Introduction In this assignment I will be using the profit and loss accounts and balance sheet for SIGNature s business to work out the Profitability, Liquidity and Efficiency Ratios. Profitability Gross profit Percentage sales Gross Profit Sales Turnover Ãâ€"100 244200 444000 Ãâ€"100=53% Net Profit Percentage Net ProfitSales turnoverÃâ€"100 73960444000Ãâ€"100=16.66% Return on Capital Employed (ROCE) Net Profit before interest and taxCapital EmployedÃâ€"100 73960149160Ãâ€"100=49.58% Liquidity Current Ratio Current AssetsCurrent Liabilities 7016026000=2.69 Acid Test Ratio/ Liquidity Ratio Current Assets-stockCurrent liabilties 70160-24420026000=1.75 Efficiency Debtors payment period†¦show more content†¦SIGNature s pays of its creditor within a month in 28 days this good for keeping a good relationship with their suppliers, because the suppliers will trust them to pay them back and the business could afford to ask for an extension from them if they need it because of the trust. Rate of stock turnover Average stockCost of goods soldÃâ€" 365 12000244200Ãâ€"365=17.93 (18 Days) This ratio measures the average amount of time an item of stock is held by a business, and is expressed in a number of days. The SIGNature business holds their stock for 18 days which is very good for the business because they are selling their stock every 18 days and making sales every month. D1 Introduction In this assignment I will write a conclusion to summarise the overall performance in Sharma and Ryan s first year of business. Profitability The percentages Sharma and Ryan received in their profitability is good. The Gross profit percentage is 53% this is good because the business is making a majority of profit from every  £1 in its sales in relation to the cost of making that sale. The Net profit percentage is the only bad result in this ratio, at 17% the business is spending too much on expenses for the business however this figure can be changed if they make the overall expenses cheaper so the ratio can increase. The ROCE (Return OnShow MoreRelatedAccounting Is The Language Of Business1286 Words   |  6 PagesAccounting is a major that teaches the language of business, it opens doors to the business world all over the globe, the possibilities with a accounting major is endless in the business field. Whether you want to run your own business or become a certified public accountant majoring in accounting gives you the establishment. A major plus in having a career in business is the flexibility it offers. Many busi nessmen can make their own hours and handle their business at the comfort of their own homeRead MoreAccounting Software For A Business Essay1257 Words   |  6 PagesIndividual Assignment Name: Altaf Gohar Roll no: EAB2389 Accounting Software/Packages used in Australia Accounting  is referred as an art of collecting, classifying, and manipulating financial data for organizations and individuals.  It  is also used to determine financial stability or financial health of organizations. Accounting is the language of business and figures and is widely used as a means of communication for financial world, without it businesses cannot survive. It is important becauseRead MoreBusiness Environment : The World Of Accounting1227 Words   |  5 Pages=The Business Environment= Before we can dive into the world of accounting, we first need to understand the world of business. A business is a formal economic entity that essentially provides goods and services for money. Businesses can range from tiny mom and pop businesses to multinational corporations which operate in multiple countries. Of critical importance to these businesses is the ability to make efficient and effective resource allocation decisions. Essentially, the modern business environmentRead MoreBusiness Analysis : Management Accounting1289 Words   |  6 Pages(2013) defined that stakeholder is a general term to indicate all those who might have a legitimate interest in receiving financial information about a business because they have a ‘stake’ in it. All stakeholders must need accounting information to help them making better decision. Most of the businesses have provided different sort of accounting information like balance sheet and income statement. However, no all the stake holders need the same information and the purpose is different. ThereforeRead MoreBusiness Is Tax And Accounting Services1134 Words   |  5 Pages1.0. Executive Summary A family accounting firm based in the US. SamPet Financial Services was founded by Mrs. Petrolina Ofori-Mensah February 2015. Our main business is tax and accounting services. SamPet Financial Services serves the accounting and financial needs of businesses and individuals to enable them to realize their financial goals. SamPet is rich in the latest software and technologies and financial advice that will support our clients in making their financial choices. Our target marketRead MoreEthics Of Business And Accounting1361 Words   |  6 PagesEthics in Business and Accounting Ethics are not simply something, which is embodied an individual s conviction or considerations, yet that of what is best for a conglomeration or organization. Moral choices good to go are took care of ordinary, and generally conglomerations have a made set of principles to encourage manage administration to make the right choice. Moral choices are not dependably simple and may require some supposed as to the responses or effect of a choice. There are establishedRead MoreBusiness Accounting1117 Words   |  5 PagesMay 14, 2012 [ EXECUTIVE DIPLOMA] EXECUTIVE DIPLOMA IN BUSINESS MANAGEMENT Awarded by the Asia e University Assignment [Business Accounting] Submission due date : 23rd June 2012 by or before 5.30pm 1 May 14, 2012 [ EXECUTIVE DIPLOMA] Assignment Question Scenario You have been recruited to help your uncle’s family to set up and run a supermarket called ‘BeliMurah Mart’ in Petaling Jaya. In the past, they had set up and managed smaller scale businesses, butRead MoreRelationship Between Business And Finance And Accounting779 Words   |  4 PagesIn the world-at-large, Finance and Accounting are often erroneously linked together. As if to say, they are one-and-the-same – a sort of a misnomer, you can say. In conversations concerning both disciplines, the colloquial marriage of both business sectors is as common place as light is to the day. It is true, that to successfully manage a business, both principles must be applied in equilibrium to replicate success in any organized venture; however, their differences are highlighted in trainingRead MoreAccounting For Business Coursework : Accounting3707 Words   |  15 PagesAccounting for Business Coursework: Introduction Accounting is the comprehensive way keeping track of all financial transactions pertaining in a firm. It is considered to being the language of most firms nowadays where they are found to communicate their performances to the externals. In addition to evaluating and examining their employees performances using the information conducted by the different financial statements and reports. Therefore, learning the language of accounting is bound toRead MoreBusiness Accounting For Non Specialists1367 Words   |  6 Pages THE UNIVERSITY OF DUNDEE SCHOOL OF BUSINESS: ACCOUNTING AND FINANCE AB51022: BUSINESS ACCOUNTING FOR NON-SPECIALISTS ASSESSED COURSEWORK Essay subject: â€Å"Costs may be classified in a variety of ways, depending on their nature and the information needs of management. The analysis of total costs into its behaviour elements is essential for effective cost and management accounting† Theodorou Ilias 140022413 MSc International Business and Finance In every industry

Observational Experience Why Do Usually People Eat Out...

OBSERVATIONAL EXPERIENCE Statutory warning: All the observatory views in my document are based on my attempt to understand the human dynamics. this observation is not a write-up to discourage any behavior of human or business. Any similarities are purely coincidental Background: Why do usually people eat out at a restaurant? Because people want to eat something different that they can’t cook or they want ones favorite dish to be cooked, want to party with friends, have a beautiful time with family out of house or just to break the monotony of eating at home. Such factors are leading to eat out at restaurants, but the standard choice of restaurant selection will be based on quality and customer service. Assignment: About half million Indian’s who live America dine at a full service Indian restaurant every day , as Indian cuisine is my favorite cuisine and being an Indian by my ethnicity has made me to choose this observation, moreover variety of foods offered today at such an diversified environment can give one a wide choice to choose from. What I am gping to do here is to express some of my observations and experiences about the human dynamics, food choices and how the food is eaten by people at an Indian Restaurant. Observation: I started my observation on19th of April Saturday at 6:00pm in a local Indian restaurant in the greater Dayton Area which continued over for an hour. During this observation I could say that I saw more than 40 people. 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Research question Are healthful diets fairly more high-priced than unhealthy diets? 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Two main reasons caused the group to arrive at this topic: first, the members shared passion for coffee and the coffee experience; second, the practicality that can be afforded since some members are working on a coffee-oriented business for their BA 129 feasibility study. Coffee shop behavior is something that can be readily observed and it occurs within a short time interval so that researchRead MoreGraham Greene: the Invisible Japanese Gentlemen4331 Words   |  18 Pagesothers. The narrator (author): He was a reflective person who analyzed different situation from what people said and expressed physically. The Japanese gentlemen: They spoke their tongue; they were always with a smile in their faces and doing a lot of bows. 2. What do you think about the comments made by the author in the story? The author made several comments about how naive upper class people can be in some aspects, especially the young woman who believed in everything her publisher told herRead MoreLodging Inductry24737 Words   |  99 PagesCHAPTER 1 Introduction: Marketing for Hospitality and Tourism CHAPTER OVERVIEW This chapter begins by explaining the business philosophy of marketing. Marketing is not a function that is only carried out by the marketing department, but rather a way of doing business. The main focus of marketing is the customer; this customer orientation must be integrated throughout the organization. Next is a discussion of how customer satisfaction leading to profits is the central goal of hospitalityRead MoreConsumer Behavior Study Notes7882 Words   |  32 PagesBehaviour: the study of the processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires. Consumer behaviour is a process Buyer behaviour: the interaction between consumers and producers at the time of purchase. * Exchange (two or more organizations or people give and receive something of value) is an integral part of marketing Consumer behaviour involves many different actors * Purchaser andRead MoreThesis About Call Center Agents14127 Words   |  57 Pagesto different people. People-friendly that is disciplined with strong working ethics. Nurses are also expected to stay awake all night due to our ever dynamic shifts. Nurses are prepared to take any job that apprehends any time-changing working hours. Thus only indicates why nurses are good fit for such job. And that is why also many call center companies welcome theses manpower with open arms. Another point to raise would be: Nurses studied for a BSN degree for 4 excruciating years—why then work forRead MorePractical Guide to Market Research62092 Words   |  249 Pagesis published by Grosvenor House Publishing Ltd 28–30 High Street, Guildford, Surrey, GU1 3HY. www.grosvenorhousepublishing.co.uk This book is sold subject to the conditions that it shall not, by way of trade or otherwise, be lent, resold, hired out or otherwise circulated without the author’s or publisher’s prior consent in any form of binding or cover other than that in which it is published and without a similar condition including this condition being imposed on the subsequent purchaser. A

Soccer In Radge (545 words) Essay Example For Students

Soccer In Radge (545 words) Essay Soccer In RadgeALENCIA, Spain (Reuters) Espanyol capped its centenarycelebrations by winning the SpanishCup with a 2-1 victory over AtleticoMadrid on Saturday. One of the cheekiest goals seen inSpain all season gave the Barcelonaclub an ideal start after just twominutes. Atletico goalkeeper Toni Jimenez who moved to the club from Espanyollast summer saved a shot by ToniVelamazan and was bouncing the ballin front of him, ready to boot it upfield. But then Raul Tamudo nipped in unseen, headed the ball awayfrom Jimenez and beat his former team mate in a sprint acrossthe face of the goal, turning the ball in from an narrow angle outon the left. Sergio Gonzalez hit Espanyols second goal five minutes fromtime to ensure the club won its first honor for 60 years Jimmy Floyd Hasselbaink pulled one back for Atletico a minuteinto injury time, and Espanyol endured an anxious couple ofminutes as the clocked ticked away, but it was too little too late. Espanyol ecstasyFor Espanyol supporters, it brought a huge smile to their facesafter a decade of despair. They were relegated twice during the 1990s and even had tosell their ground the historic Sarria stadium in 1997 to solvea cash crisis. However Espanyols veteran defender Nando Munoz put theemotions of all those involved with the club into words. This might be the greatest day in the history of Espanyol. Thisis for all those fans and everyone else who can remember thebad times all those dire moments, Nando said. Nando had recovered enough breath to speak to Spanish toreporters because he had been given his marching orders 13minutes from time after picking up two yellow cards in quicksuccession while Espanyol fought to contain a second halfAtletico comeback. Atletico attackThe first half belonged to Espanyol, with Tamudo andVelamazan causing plenty of problems for the Atleticodefenders and Moises Arteaga slicing through the middle, butthe second period saw Atletico strive for an equalizer. Hasselbaink was a constant thre at, although Espanyoldefenders did a good job of soaking up the pressure, and hisclosest efforts came from edge-of-the-area free kicks. After Nando left the field, Espanyol looked briefly in trouble, butboth teams ended the match with 10 men after former Spanishinternational defender Santi Denia lost control completelyseven minutes from time. Denia scythed down Manuel Serrano from the rear and thenheadbutted Toni Velamazan. Sergios clincher came two minutes later. TearsHe controlled a long, speculative, ball forward with his headand then blasted the half-volley past the hapless Jimenez, wholeft the field inconsolable. Football just isnt fair, Jimenez wailed, with tears streamingdown his face. Jimenez was not the only Atletico player to leave the field withmoist eyes. The cup final defeat, their second in successive years afterlosing 3-0 to Valencia last year, brought an end to one of theworst seasons in club history. Atletico was relegated and will spend next season in theSpanish se cond division for the first time since 1934. A damaging government investigation into the club financesalso left the club badly demoralized on and off the field. The cup final is likely to be the last match that many players,including Hasselbaink, have in an Atletico jersey, with amassive exodus anticipated. BibliographyOne of the cheekiest goals seen inSpain all season gave the Barcelonaclub an ideal start after just twominutes. Sports and Games

Gender Difference for Personality Traits - MyAssignmenthelp.com

Question: Discuss about theGender Difference for Personality Traits. Answer: Introduction It is notable that the study used a subsample of the New Zealand attitudes and Values data set was used. Data cleaning was conducted by removing outlier values from the data set. This owes to the fact that the researcher noticed that some observations had -9999, which was deemed abnormal. Additionally, the researcher used SPSS and relied on the independent sample t-test to examine whether there is a significant difference between male and female study participants in all the factors under discussion. Hypotheses There is no significant difference in extraversion scores based on gender. There is no significant difference in agreeableness scores based on gender. There is no significant difference in conscientiousness scores based on gender. There is no significant difference in neuroticism scores based on gender. There is no significant difference in openness scores based on gender. Results An independent samples t-test was used to conclude whether there is a difference in extraversion scores in male and female study participants. The results reveal that female study participants have higher extraversion scores (M = 4.11, SD = 1.265) than male study participants (M = 3.97, SD = 1.226) (t (988) = 1.727, p .05). The same test was used to examine for the presence of a difference in agreeableness between male and female study participants. The results reveal that that female study participants have higher agreeableness scores (M = 5.65, SD 0.937) than male study participants (M = 5.06, SD = 1.045) (t (988) = 9.375, p .05). The test in question was also used to examine whether there is a difference in conscientiousness scores in male and female study participants. The outcome indicates that female study participants have higher conscientiousness scores (M = 5.20, SD 1.067) than male study participants (M = 5.01, SD = 1.018) (t (988) = 2.738, p .05). The independent samples t-test was still used to examine the presence of a difference in the neuroticism scores of male and female study participants. The results reveal that female study participants have higher neuroticism scores (M = 3.62, SD = 1.172) than male study participants (M = 3.38, SD = 1.157) (t (988) = 3.183, p .05). Similarly, the same test was used to check for the presence of a significant difference in openness scores between male and female study participants. The results reveal that male study participants have higher openness scores (M = 5.03, SD 1.199) than female study participants (M = 5.02, SD 1.178) (t (988) = -0.68, p .05). Discussion The study human personality attracts attention from scholars and practitioners around the globe. Critical to the discussion is the fact that people believe in the differences between personality traits and gender to be so huge to the extent that it inhibits communication across gender. In fact, some authors argue that the differences in biological and social roles of different genders influence personality traits. It is notable that scholars have now reached some consensus on the study of human personality. This owes to the reality that scholars now concur of the existence of five personality types, which include, extraversion, agreeableness, neuroticism (emotionality), openness, and conscientiousness (Schwartz, Eichstaedt, Kern, Dziurzynski, Ramones, Agrawal, Shah, Kosinski, Stillwell, Seligman, and Unga, 2013). Consequently, authors such as Weisberg, DeYoung, and Hirsh (2012) examined the differences in the personality types between genders. The results in this section also examine differences in personality based on gender. From the results obtained above it is evident that female study participants had mathematically higher extraversion scores than male study participants. Regardless, the results are not statistically significant because the p value obtained from the independent sample t-test was greater than 0.05. It follows that the test fails to reject the hypothesis implying that there is no statistically significant difference in extraversion scores between male and female study participants. It is notable that evidence from published studies indicates that extraversion appears to be evenly distributed across gender. As evidenced, Weiner (2017) argues that gender differences in extraversion scores may switch direction based on specific traits that are being measured. This owes to the reality that females tend to score higher on positive emotions, gregariousness, and warmth while men tend to score higher on excitement seeking and assertiveness than women (Lee, and Ashton, 2012). In short, the resul ts obtained from the study are complemented by previous studies. The results for agreeableness was higher in female (M = 5.65, SD 0.937) than in male study participants (M = 5.06, SD = 1.045) (t (988) = 9.375, p .05). Evidently, the p value is less than 0.05, which rejects the hypothesis implying there is a statistically significant difference in agreeableness scores based on gender. Simply put, women score higher than men do on agreeableness. Critical to the discussion is the fact that Rahmani and Lavasani (2012) conducted a similar study. As a result, the authors concluded that there is a statistically significant difference score of agreeableness between male and female participants. Like the authors, the study also established a statistically significant difference in agreeableness scores between male and female study participants. In a different study, Vianello, Schnabel, Siram, and Nosek (2013) established that women score higher than men do on agreeableness scores. It follows that the finding from this study complements literature on the s ubject in question. The results also indicate that female study participants have higher conscientiousness scores (M = 5.20, SD 1.067) than male study participants (M = 5.01, SD = 1.018) (t (988) = 2.738, p .05). It is evident that the p value was lower than 0.05, which rejects the hypothesis. Simply put, the study established that there is a statistically significant difference on conscientiousness scores between male and female study participants. Specifically, female study participants record higher conscientiousness scores than male study participants. Imperative to the debate is the reality that previous studies have established similar results. As evidenced, Lydon, OConnor, McVeigh, Offiah, and Byrne (2015) reveal that females scored significantly higher than males on conscientiousness (p .001). In a different study, Weisberg, DeYoung, and Hirsh, (2012) did not establish a significant difference in conscientiousness scores between men and women. However, the same result was established when the authors controlled for age with the same variables. The results from the study are recorded as female (M = 3.62, SD = 1.172) and male study participants (M = 3.38, SD = 1.157) (t (988) = 3.183, p .05). From the results, the p value is less than 0.05, which rejects the hypothesis. It follows that there is a statistically significant difference in neuroticism scores between male and female study participants. It is notable that the study is consistent with other publications that examined the same topic. Specifically, Vianello, Schnabel, Siram, and Nosek (2013) examined for the presence of a statistically significant difference in neuroticism scores between men and women. Consequently, the researchers concluded that women score higher than men do on neuroticism. Critical to the discussion is the reality that Weisberg, DeYoung, and Hirsh (2012) established similar results from their study. It follows that the outcome of the study complements those of previous authors. The results reveal that male study participants have higher openness scores (M = 5.03, SD 1.199) than female study participants (M = 5.02, SD 1.178) (t (988) = -0.68, p .05). Vital to the debate is the truth that the difference is mathematically significant but statistically insignificant. This owes to the fact that the p value from the results is greater than 0.05, which fails to reject the hypothesis. Authors such Weisberg, DeYoung, and Hirsh (2012) as have conducted similar studies and concluded that there is no significant differences in openness/intellect scores based on gender in terms of the big five domain. However, the authors found that women scored statistically significant higher than men did in openness. Analogously the same study reveals that men recorded statistically higher scores than women did on intellect. It follows that the results complement with previous literature. Apparently, the study has established that there is a statistically significant difference of scores in agreeableness, conscientiousness, and neuroticism based on gender. The same study also indicates the absence of statistically significant scores in openness and extraversion based on gender. Critical to the discussion is the fact that the study is limited because it did examine individual factors that influence and individuals personality. For instance, the study could examine how questions such as; Q1. Like order; Q2. Make a mess of things; Q3. Get chores done right away; and Q4r. Often forget to put things back in their proper place differ based on gender. As Weisberg, DeYoung, and Hirsh (2012) argue, age could act as an intervening variable and when conducting the study in question. In fact, the authors examined the subject while conducting for the effect of age on the outcomes. It follows that this study should also have controlled for age on the personalities of the study part icipants. References Bridges, R. K., and Harnish, J. R. (2015). Gender Differences in Formal Thinking: Their Impact on Right-Wing Authoritarianism and Religious Fundamentalism. Psychology, 6, 1676-1684. Retrieved from https://file.scirp.org/pdf/PSYCH_2015101913493088.pdf Lee, K., and Ashton, M. C. (2012). Getting mad and getting even: Agreeableness and Honesty- Humility as predictors of revenge intentions. Personality and Individual Differences, 52: 596-600. Retrieved from https://pdfs.semanticscholar.org/f133/1ef0c52d7062cc1e892e28d6250cdc45b0da.pdf Lydon, S., OConnor, P., McVeigh, T., Offiah, G., and Byrne, D. (2015) Medical Specialty Choices: Does Personality Matter? Irish Medical Journal, 108(3), 75-77. Retrieved from https://aran.library.nuigalway.ie/bitstream/handle/10379/5139/personality_aran.pdf?sequence=1isAllowed=y Manson, JH. (2015). Life History Strategy and the HEXACO Personality Dimensions. Evolutionary Psychology, 13(1), 48 - 66. Retrieved from: https://escholarship.org/uc/item/3qp935pj Rahmani, S., and Lavasani, G. M. (2012). Gender Differences in Five-Factor Model of Personality and Sensation Seeking. Social and Behavioral Sciences, 46: 2906 2911. Retrieved from doi: 10.1016/j.sbspro.2012.05.587 Rey, L., and Extremera, N. (2014). Positive Psychological Characteristics and Interpersonal Forgiveness: Identifying the Unique Contribution of Emotional Intelligence Abilities, Big Five Traits, Gratitude, and Optimism. Personality and Individual Differences 68, 199-204. Retrieved from https://dx.doi.org/10.1016/j.paid.2014.04.030 Schwartz, A. H., Eichstaedt, J. C., Kern, L. M., Dziurzynski, L., Ramones, M., Agrawal, M., Shah, A., Kosinski, M., Stillwell, D., Seligman, E. P. M., Unga, U. H. (2013). Personality, Gender, and Age in the Language of Social Media: The Open-Vocabulary Approach. PLOSone, 8(9): 1-16. Retrieved from https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0073791type=printable Vianello, M., Schnabel, K., Siram, N., and Nosek, B. (2013). Gender Differences in Implicit and Explicit Personality Traits. Personality and Individual Differences, 55 (2013) 994999. Retrieved from https://dx.doi.org/10.1016/j.paid.2013.08.008 Weiner, I. B. (2017). Handbook of personality assessment. John Wiley and Sons Inc. Weisberg, J. Y., DeYoung, G. C., and Hirsh, B. J. (2012). Gender Differences in Personality Across the Ten Aspects of the Big Five. Frontiers in Psychology, 2(178): 1-11. Retrieved from https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3149680/pdf/fpsyg-02-00178.pdf