Introduction to Accounting and finance -- Economics, Finance and Assignment - 3

Introduction to Accounting and finance -- Economics, Finance and Management - Assignment Example They are very disturbed with months like September recording a high sales volume and November recording a low sales volume. This could prove to be an issue for the working capital in the long run and the concept of going concern. (Fields. E., 2002). It would be better if the manager’s focus on achieving uniform sales targets every month so that the working capital available could be more consistent giving way for better planning. 3. If the company would continue with bulk purchases and not go for investing further in machinery, there could be a possibility of maintaining obsolete machinery. As it is, the company has only machinery worth  £25,000 and further non-investment may prove to be a hindrance to exploring newer avenues of market creation. (Clemmer. J., 1995). However, it needs to understand that its retained earnings which represent the profit over the years are quite high. They almost represent double of the owner’s equity. This means that the company’s overall profitability is commendable. Cash, on the other hand, represents the revenue or liability of that company. Revenue is generated by sales of that company. This is explained in the trading account of the firm. The other way to generate cash is to take up a liability. This is shown in the balance sheet of the firm. In the case of Hide to seek ltd there is a negative liquidity possibility for two months. This is because the company is planning to purchase materials in bulk. These materials are further sold in the coming months. There is no incidence of purchases in the next six months. Bulk purchases ensure discounted price. That means, while cash reserves are decreasing for two months, there is an indirect increase in profits in the next 3 months. This is the strategy to withhold benefits to gain higher of them in the future. This has to be given as an explanation in the footnotes to the financial statements. (Lander. P.G., 2004). If Hidetoseek ltd decides to investigate

The Gathering Storm and Global War (US History) Assignment

The Gathering Storm and Global War (US History) - Assignment Example The Axis powers wanted to rule the world. If not stopped by the combined efforts of the Allies, this could have been a reality. Without the U.S.’s support, the English, Russians, and other Allies might have failed to defeat the Axis powers. 2) JAPANESE INCARCERATION-Should the survivors of the Japanese prison camps have been given a $20,000 reparations payment from 1988 on, or was their imprisonment just the fortunes of war? Explain. Yes. Japanese prison camps should have been given $20,000 in reparations, not only for their economic and material losses, but also for the emotional turmoil at the loss of security of being an American citizen. If we did not issue reparations, then we would have been worse than the NAZIS. We are supposed to be good guys, although America sometimes makes mistakes. These mistakes need to be acknowledged and paid for. Japanese prison camps were not only a mistake, but wrong as well. 3) ATOMIC BOMB-Was there any better option for Pres. Harry Truman to end WW2 than dropping two atomic bombs on Japan? Explain. No. The Japanese had a different perspective about death. Our goal was to protect as many American lives as possible. The Japanese did not mind dying in kamikaze attacks as long as Americans also died. If the atomic bomb had not been used, the war could have lasted indefinitely. This might have caused more causalities, American and Japanese, than the ones that died in Hiroshima or Nagasaki