Chapter Columbia

Columbia Company, which manufactures machine tools, had the following transactions related to plant assets in 2014. Asset A: On June 2, 2014, Columbia purchased a stamping machine at a retail price of $12,000. Columbia paid 6% sales tax on this purchase. Columbia paid a contractor $2,800 for a specially wired platform for the machine, to ensure noninterrupted power to the machine. Columbia estimates the machine will have a 4-year useful life, with a salvage value of $2,000 at the end of 4 years. The machine was put into use on July 1, 2014.Asset B: On January 1, 2014, Columbia, Inc. igned a fixed-price contract for construction of a warehouse facility at a cost of $1,000,000. It was estimated that the project will be completed by December 31, 2014. On March 1, 2014, to finance the construction cost, Columbia borrowed $1,000,000 payable April 1, 2015, plus interest at the rate of 10%. During 2014, Columbia made deposit and progress payments totaling $750,000 under the contract; the we ighted-average amount of accumulated expenditures was $400,000 for the year.The excess-borrowed funds were invested in short-term securities, from which Columbia realized investment revenue of $13,000. The warehouse was ompleted on December 1, 2014, at which time Columbia made the final payment to the contractor. Columbia estimates the warehouse will have a 25-year useful life, with a salvage value of $20,000. Columbia uses straight-line depreciation and employs the â€Å"half-year† convention in accounting for partial-year depreciation. Columbia's fiscal year ends on December 31 . Instructions (a) At what amount should Columbia record the acquisition cost of the machine? b) What amount of capitalized interest should Columbia include in the cost of the warehouse? (c) On July 1, 2016, Columbia decides to outsource its stamping operation to Medek, Inc. As part of this plan, Columbia sells the machine (and the platform) to Medek, Inc. for $7,000. What is the impact of this dispo sal on Columbia's 2016 income before taxes? Solution (a) Historical cost is measured by the cash or cash equivalent price of obtaining the asset and bringing it to the location and condition for its intended use.For Columbia, this is: Price $12,000 Tax 720 Platform 2,800 Total $15,520 Since Columbia has outstanding debt incurred specifically for the construction project, in an amount greater than the weighted-average accumulated expenditures of $400,000, the interest rate of 10% is used for capitalization purposes. Capitalization stops upon completion of the project at December 31, 2014. Therefore, the avoidable interest is $40,000, which is less than the actual interest.The investment revenue ot is irrelevant to the question addressed in this problem because such interest earned on the unexpended portion of the loan is not to be offset against the amount eligible for capitalization. (c) The income effect is a gain or loss, determined by comparing the book value of the asset to the disposal value: Cost $1 5,520 Less: Accumulated depreciation 6,760* Book value of machine and platform 8,760 Less: Cash received for machine and platform 7,000 Loss before income taxes $ 1,760 hyear $1,690 2014. full year 3,380 2015. 2016. ? h year 1,690

Florence Nightingale Environment Theory Essay

Major concepts essential to the Theory. Patient care theory, environmentally oriented, where the patient environment should be altered to allow nature to act on the patient. (Alligood, 2010). Nurses are to use common sense, observation and initiative to allow nature to heal the patient. The use of Nightingales thirteen canons: Ventilation, Warmth Light Cleanliness of rooms Health of houses Noise Bed and bedding Variety Chattering of hopes and advice Food Personal cleanliness Observation Approaches, to patient care. Nightingale believed nursing is a spiritual calling, and all nurses can help the patients in spiritual distress, making it a holistic approach. The philosophy of the environmental theory of nursing fits well with todays nursing process. The nurses need to assess, identify, implement, evaluate and make changes to the plan to fit the patient individually until the patient has the desired health level. Teaching by the nurses when caring for the sick as well as the patient that has already healed. Observation of the patient and independent judgments made by the nurses. Examples of each approach to patient care. Daily changing of patients linens, as well as maintaining them wrinkle free for skin integrity of the patient. Assisting patients on the daily personal cleanliness, as well as applying moisture to the skin for protection. Maintaining noise to the minimum and allowing patients to have rest time. Keeping the conversations focused on the patient, avoid personal talk or chattering, giving false hopes. Observing and Documenting intake and output by shift to have a clear view of the nutritional level of the patient. Encourage healthy eating as well as drinking and maintain fluids by patient side at all times. Reference Martha Riley, Alligood, (2010). †. In: (ed), Nursing Theory. 4th ed. : Mosby. pp.97-109.

The Logistics Activities of a Organization or of a Business Research Paper

The Logistics Activities of a Organization or of a Business - Research Paper Example In order to understand the particular challenges of the food retail business environment thoroughly, a good place to start is by examining the logistics activities of a supermarket chain. It is possible to establish how a business is able to create a profitable record by effective logistics and concentration on the delivery of desirable products in a â€Å"no-fuss† way and at competitive prices, to the average consumer.   In Ontario, Canada, a particularly well-known and widely supported brand of the supermarket is the Food Basics stores. The stores offer lower cost products across a wide range of products, with the particular focus on foodstuffs. National and international brands are carried as well as private in-store brand labels and offered in 117 stores across Ontario. Food Basics is owned by Metro, Inc. a major Canadian food and pharmaceutical company, which also owns Metro, Metro Plus, and Super C brands.   The central topic of this paper is the logistical activitie s involved in the retail sale of vegetable oil by Food Basics. Within the wider examination of â€Å"logistics† Demand Forecasting, Quality Control and Site Location with being looked at with a narrower focus. Vegetable oil will be considered on two levels: locally and internationally prepared canola oil; and internationally produced olive oil, as stocked by Food basics stores, and carried under their in-store labels.  Food Basics aims to provide lower-cost, high-quality food stuff to their customers.

A Reflective Analysis on the Assessment and Management for ankle Essay

A Reflective Analysis on the Assessment and Management for ankle injury - Essay Example The placement experience obtained through patient assessments and management resulted into a better nursing intervention based on the pre-existing nursing knowledge for the future improvements. According to National Institute for Clinical Excellence (2004), reviews ankle joint injuries management in healthcare facility as a nursing responsibility aimed restoring the physiological function of the a ankle joint after an accident or injury has occurred. For the future practice, the nurses should reflect on the clinical experiences, concepts and understandings during the ankle injury assessment and management an adaptive response of care. Therefore, for this reflective analysis, the GIBBS model of reflection is used serving as a turning point in of ankle injury and related risks conditions assessment and management reflective analysis. GIBBS model of reflective analysis is a model of choice since it links the trainee nurses to their nursing practice, supervisors and their patients providing a systematic reflective of all the procedures and processes that were conducted in my nursing practice. For confidentiality and privacy of my nursing training experience, the name of the client, health facility, and the location has been made anonymous based on the reflective analysis for nurses’ survival in the word (Richards & Edwards, 2012). Ankle sprains are the most common sporting and UCC injuries anatomically and physiologically occurring as the tearing of bone-bone ligaments connection that stabilizes the ankle joint. My mentor reminded me that, the ankle injury causes destabilization of the hinge joint formed by fi bula, tibia and the talus bones resulting in structural disarrangement, fractures and deformity of the bones and ligaments around the ankle joint. Through the department orientation I learned that, the risks factors for the ankle joint injuries in United Kingdom are

B300 B TMA 01 Strategy Essay Example | Topics and Well Written Essays - 2000 words

B300 B TMA 01 Strategy - Essay Example It can also lead to the successful adaptation of experience and technology in the workplace. Business organizations need to apply innovation and creativity in order to accomplish their business and organizational goals. They also need to have appropriate processes that can respond effectively to the changes in the business environment. Path dependency has been associated with an increase in organizational performance. This report will seek to identify and assess the impact of path dependency in augmenting organizational performance. The report provides an overview and background about the definition of path dependency. It describes the relationship between path dependency and business firms. The characteristics of path dependency are explained using relevant theories. The strengths and weaknesses of path dependency approach are elucidated in a smart and prudent manner. Finally the paper concludes that path dependency can significantly enhance the firm performance in many ways. Path dependence has been defined as the impact of past choices on existing options. It creates the structural framework for an association between efforts and results. The results are reliant upon the choices completed at the feedback phase. However in reality, path dependence has an intricate and complex definition (Mazzucato, 2002: Pg 250). It can involve a scenario where existing choices are constrained because of earlier alternatives. Another situation can occur when earlier judgments are simply part of multiple variables which impact the ability of organizations to choose alternatives. Path dependencies are an integral nature of organizational innovation and change. At the basic level, organizations might make decisions that are not limited by path dependency. However this can restrict the ability of organizations to pursue future alternatives in a smart and prudent manner. Path dependence emerges from a number of causes. If certain policies provide efficiency

Colonial America between 1492-1763 Essay Example | Topics and Well Written Essays - 1000 words

Colonial America between 1492-1763 - Essay Example King Philip’s War, also known as â€Å"Metacom’s Rebellion,† a war between the colonists of New England and the various tribes of the surrounding areas, was but one example of the clash of cultures between Native Americans and Europeans; however, it is significant in history as a clash of cultures for a number of reasons, including its number of casualties, the fact that there were no clear divisions along cultural lines, and that it marked the end of hope that the Native American could be integrated into European society in the New World. In 1675, the Wampanoag chief Metacom resolved to drive the settlers out of what he saw as his land. His father, Massasoit, had ruled with gentle wisdom during his time as sachem (chief) of the Wampanoag, going so far as to befriend the settlers and set up trade with them, but Metacom saw things differently.3 It was up to him, he felt, to drive the settlers off his lands, or else he would one day be left with nothing.4 He told E uropean authorities very simply, â€Å"I am determined not to live until I have no country.†5 The preceding years of peace and harmony, of trade and prosperity between settlers and Native Americans were quickly coming to an end. Ironically, this great conflict was almost avoided. A man by the name of John Sassamon, who had grown up as a Wampanoag but attended Harvard College where he had been given his English name, warned the governor of Plymouth Colony that Metacom had sent word to various tribes to gather and attack.6 Sassamon pleaded with the governor to be allowed to stay at Plymouth Colony, fearing revenge for his warning; the governor heartily dismissed him and sent him back to his tribe.7 This action would prove to be dire in starting the conflict between the two cultures. It did not take long for hostilities to come to a climax. Sassamon was discovered a week later, his body found in a frozen pond with the neck broken.8 The governor was alarmed, and recalling the war nings he had been given, decided to assert his authority over the Native Americans.9 When he received reports that it was two Wampanoag warriors that had been seen murdering Sassamon, he entered the village of Metacom, dragged the warriors back to Plymouth Colony, and had them tried and executed in short order.10 To Metacom, this was seen as a gross injustice of his power, and only served to reinforce his belief that the settlers intended one day to take over both his tribe and all lands.11 Revenge was the only option left, and therefore, it was the option that was taken. The attacks began immediately. First to fall was the southwestern Plymouth settlement of Swansea, which was quickly burned and the settlers driven off. 12 Over the next months, Metacom took his war to various tribes and settlements all around New England.13 Skirmishes and battles erupted within Massachusetts, Rhode Island, and Connecticut, with tribes rallying around both sides.14 More than twenty towns and settlem ents were attacked in Massachusetts alone.15 It would not be an exaggeration to say that everyone had chosen sides, both settler and Native

Sexual harassment Research Paper Example | Topics and Well Written Essays - 4000 words

Sexual harassment - Research Paper Example For example, it is unlawful to harass a female employee, through making remarks that are offensive to the nature of women in general. Different from the traditional conception of sexual harassment, the harassing party and the victim can either be a man or a woman, and in other cases they can also be of the same sex. Despite the fact that the law does not prohibit offhand comments, teasing, or the isolated cases that are relatively subtle, harassment is illegal (Lawoko et al., 2004). This is, especially, the case when it is severe and frequent, to the extent that it makes the work environment offensive or hostile; it is considered illegal when it can lead to adverse decision-making relating to the employment of either parties (Bimrose, 2004). The adverse effects of sexual harassment include the demotion of the victim or the loss of employment, and the harasser can be a supervisor to the victim, a supervisor in another line of work, a co-worker or an external party, including a customer (EEOC 2014). This paper will explore the nature of sexual harassment, its characteristics and the experiences of sexual harassment. The main source of information for this report was the wide variety of databases for articles and publications about the area of sexual harassment: these databases include Emerald, Proquest, BIDS Ingenta, SpringerLINK, ScienceDirect, Business Source Premier and Inform Global. To offer focus to the search, different search terms were used, including sexual harassment, gender harassment, workplace violence and sexual harassment training. A majority of the sources related to the key terms were from Australia and the US – the focus of many of the sources was healthcare workers, particularly among nursing staffs (Privitera et al., 2005). Mott and Condor (1997) reported that during the 1990s, 85 percent of the studies done on sexual harassment had been carried out in the US, and that more than 70 percent of the total had used students