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Write 3 page essay on the topic UNDERSTANDING FINANCIAL STATEMENTS.

A balance sheet is split into three parts. assets, liabilities and stockholder’s equity. Assets are the economic resources possessed by a firm. Liabilities are a firm’s debt or obligations to acquire its assets. Stockholder’s equity is the total value of a firm’s common stock in addition to the additional paid-in capital and retained earnings. A basic rule of finance is that all business transactions are documented on the balance sheet at the dollar value actually decided at the time of the transaction. This suggests that, recording all of the firm’s transactions at their historic cost is the factor that the net worth of the firm illustrated on the balance sheet should not be mixed with the sales or appraised value. Net worth or stock holder’s equity on the balance sheet simply shows the difference between assets and liabilities (Bernstein & Wild, 2000).

Income statement, which is also known as the profit and loss statement, statement of operations or statement of income, is another major financial statement. Income statement summarizes the firm’s revenues and expenses over a specified time, concluding with the net income or loss for the period. The income statement is divided into three parts. revenue, expenses and the net income. Revenue is cash inflows or acquiring of assets of a firm during a specified period. Expenses are the outflow or using of the assets, or incurrence if liabilities during a specified period. Net income on an income statement is the total sum earned or lost by the firm during the accounting period. Using the accrual method of accounting, sales are documented on the income statement when the goods and/or services associated with those sales are delivered or shipped to the customer. The cost of goods sold is recorded on the income statement at the same time the sales are recorded. Sales and cost of goods sold are also recorded in spite of of when the firm gets cash for the goods delivered

 

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Hydraulic fracturing, or “fracking”, has allowed energy producers to extract oil and natural gas from previously unrecoverable deposits. One such deposit is the “Marcellus Shale” formation, partially located in western Pennsylvania. Large-scale “fracking” began in western Pennsylvania in 2008. The number of fracking-related jobs there changed from 9,900 in 2008 to 30,000 in 2013. (Source: Pennsylvania Department of Labor & Industry, Marcellus Shale Related Industries, July 31, 2014) http://extension.psu.edu/natural-resources/natural- gas/webinars/industry-workforce-and-training/marcellus-shale-related-industries-pa-dept.-of- labor-industry-powerpoint

a. Multiple choice: The linear regression model most closely fitting this data (where g represents number of fracking-related jobs and t represents years since 2008) is:

A. g = 402t + 9900

B. g = 4020t + 2008

C. g = 20100t + 2008

D. g = 20100t + 9900

b. Use the model to determine number of fracking-related jobs in western Pennsylvania in 2019 (do NOT round answer) Show work!

c. Fill in the blanks to interpret the slope of the equation: The rate of change of fracking-related jobs in western Pennsylvania with respect to time is

____________________ per ______________. (Include units of measurement.)

 

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“In Excel, use a suitable method for generating the number of days needed to repair the copier, when it is out of service, according to the discrete distribution shown. In Excel, use a suitable method for simulating the interval between successive breakdowns, according to the continuous distribution shown. In Excel, use a suitable method for simulating the lost revenue for each day the copier is out of service. Put all of this together to simulate the lost revenue due to copier breakdowns over 1 year to answer the question asked in the case study. In a word processing program, write a brief description/explanation of how you implemented each component of the model. Write 1-2 paragraphs for each component of the model (days-to-repair; interval between breakdowns; lost revenue; putting it together). Answer the question posed in the case study. How confident are you that this answer is a good one? What are the limits of the study? Write at least one paragraph.

 

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Complete 3 pages APA formatted article: The film Black Swan explores and critiques cultural ideas concerning women. assignment is due Society constraints have always been a curse for women. Women, being the weaker sex, struggle to meet the expectations of the society. Women who fail to meet these standards are never recognized by the society. Women are frail who pay heavy price to conform to the needs of the society. The movie black swan portrays the fate of few women who had to strive to attain perfection. The film Black Swan explores and critiques cultural ideas concerning women. The movie explains the difficult plight of women who had to hate themselves to achieve the perfection that society expected from them. The demands of the society torment women who had to sacrifice a lot to achieve the physical and emotional figure that is expected out of them. The movie also explains the fragile nature of women. They are ready to deny even their basic needs to satisfy the demands put on them. The movie Black Swan portrays the difficult life of women who suffer to achieve perfection. Majority of the reviewers of the movie Black Swan considers it as shockingly misogynistic like any other horror movie. According to the movie women are delicate creatures who are nervous about everything. If they perform something remarkable they would turn out to be crazy. This craziness exhibited by women is somewhat like the sex fantasies maintained by men. Women are psychologically feeble and frail that if they become crazy they would initiate silly fight with other women, even their mothers. They would engage in catfights and torture themselves, physically and mentally. They would become violent that they fight blindly with other women. We can also see them making erotic expressions with other women. The movie is misogynist in nature. The movie brings to light the misogyny found in the society. The movie not just highlights misogyny. it rather takes us to the state of the society we live in. We can see in the movie, female self-hatred in the light of societal standards that are expected from women. Society expects a perfection from women, which in turn makes women crazy and hate themselves. The movie highlights society’s expectations about women and the struggle they undergo to achieve it. Women pay big price to meet society’s expectations about them. We find the plight of ballerina Beth Macintyre. we understand through her experience that even if you have acquired skills through years of hard work, you cannot always maintain them. If you happen to loose them, you will soon face a fall and become the object of pity, horror and contempt. We see Nina reaching perfection in her dance finally. She however had no way, but to die as she could not afford the other alternative. “I was perfect” was her last words. The movie portrays the difficult life of women characters who had to struggle hard to reach the standards society expects from them. Perfection is expected from them. In the movie we find Nina hating herself as she was striving to achieve perfection. It is the feeling that torments teen girls of the society. They are forced to cut themselves to maintain the physical appearance expected from them. They do become caught in the cruel hands of anorexia. They do also dislike their bodies as they cannot resemble the picture of perfection. They strive to be like the image of perfection. Women hate their bodies to such an extent that they have to apply razorblades to their own bodies. They deny themselves the most necessary substance of physical sustenance. They have to deny the needs of their body so that they achieve the thin figure that the society expects from them. Women desire to change their bodies to resemble the idealized picture of perfection. This would make them gather outside approval. It is however amusing who is setting this image of perfection and why women are running after it. It is also strange why women are after the approval of the society. Self destruction is the ultimate reward women receive from their entire attempt to shape themselves. This is the message given by the movie Black Swan. Women seek perfection and destroy themselves. Women seek society approval and value it more than anything. The movie Black Swan is a warning for all women. The movie highlights society’s expectations about women and the struggle they undergo to achieve it. Women pay big price to meet society’s expectations about them. Outline I Society constraints for women I The film Black Swan II Cultural ideas concerning women presented in the movie III Difficult life of women portrayed in Black Swan IV Misogynist nature of the movie V Female self-hatred in the light of societal standards presented in the movie VI Thesis Statement II Life of ballerina Beth Macintyre in the movie III I Life of female characters in the movie II Society expectations about women III Restating thesis statement IV Bibliography Bibliography “‘Black Swan,’ ‘127 Hours’ to Austin Fest” (2010). The Hollywood Reporter. September 21, 2010. Lyman, Eric J. (2010). “‘Black Swan’ vying for Venice Fest’s Queer Lion”. The Hollywood Reporter. Gritten, David (2010). “The London Film Festival is flourishing”. The Daily Telegraph. Hughes, Sarah (2010). “Darkness and despair: that’s dance on screen”. The Independent. Mackrell, Judith (2011). “What Britain’s ballet stars made of Black Swan”. The Guardian. Young, John (2010). “Box office report: ‘Tangled’ wins slow weekend with $21.5 mil”. Entertainment Weekly. Lenihan, Jean. “Choreographer Benjamin Millepied on life after ‘Black Swan'”. Los Angeles Times. 2011. Goodridge, Mike (2010). “Black Swan”. Screen Daily. 2010. Honeycutt, Kirk (2010). “Black Swan – Film Review”. The Hollywood Reporter. Wigler, Josh (2010). “Natalie Portman Likens ‘Black Swan’ To ‘Rosemary’s Baby’ In Terms Of Tone”. MTV Movies Blog (MTV). Levine, Debra. (2011) “Natalie Portman’s evil twin, body-double Kimberly Prosa”. HuffingtonPost. Mesure, Susie (2011). “Feathers ruffled over Black Swan”. The Independent. Kroll, Justin (2009). “Sebastian Stan”. Variety. Wloszczyna, Susan (2010). “First look: Ballet thriller ‘Black Swan’ from Darren Aronofsky”. USA Today. Subers, Ray (2010). “Arthouse Audit: Black Swan Soars”. Box Office Mojo. Douglas, Edward (2010). “Exclusive: Vincent Cassel Back for Eastern Promises 2”. ComingSoon.net (CraveOnline). Kisselgoff, Anna (2009). “Georgina Parkinson, Star At Royal Ballet, Dies at 71″. The New York Times. Stated by Kunis on Jimmy Kimmel Live (2010). Nominees for the 83rd Academy Awards”. (2011) oscars.org. Perron, Wendy (2011). “Is There a Blackout on Black Swan’s Dancing?” Dance Magazine.

 

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