1.In performing vertical​ analysis, the base for inventory​ is:

A.

total current assets.

B.

total liabilities and​ stockholders’ equity.

C.

total cash and cash equivalents.

D.

total assets.

2.Expressing cash and cash equivalents as a percentage of total assets is an example​ of:

A.

ratio analysis.

B.

horizontal analysis.

C.

economic value added.

D.

vertical analysis.

3.On a statement of cash​ flows, activities that affect longminus−term

assets are classified​ as:

A.

financing activities.

B.

​stockholders’ equity activities.

C.

investing activities.

D.

operating activities.

4.Which of the following is typically used as the base in a vertical analysis of an income​ statement?

A.

gross profit

B.

operating income

C.

net income

D.

net sales

5.On the statement of cash​ flows, financing activities​ involve:

A.

acquiring long−term assets.

B.

lending money.

C.

borrowing by signing a long−term note.

D.

purchasing investments.

Compose a 750 words essay on How Soccer Explains the World: An Unlikely Theory of Globalization by Franklin Foer. Needs to be plagiarism free!

Franklin studies involve sectarian conflicts among different group’s teams of Scotland as well as the tendency of some supporters to suit Jewish terms. This makes some supporters to employ anti-Semitic recites. Culture wars. American seems to be experiencing a progress in polarization on social and political issues. They seem to be divided by class, race, occupation and in terms of education. They are further shown to be divided into two combatant parties trying to outdo each other in terms of the symbol that should dominate. The two parties can further be divided into two broad categories as progressivists as well as orthodoxy which differ in their way of interpreting freedom together with justice. Therefore, these groups differ in terms of world views. Nationalism with Tribalism. The author uses soccer to guard the qualities of old-fashioned nationalism with an aim of blunting the reappearance of tribalism. This book further experiments the theories that a worldwide, globalist philosophy can transcendent with local nationalism. Overarching structures for example the European Union together with the United Nations may achieve structural status but the veneer of these structures, sub-cultures and tribe loyalties will persist and can further be supported by up-to-date communications for example the internet. This will increase fragmentation together with ethnic battle within external facades of worldwide unity. Rising corporate hegemons. As noted in second fragment of the script Franklin uses soccer to look at economics which are the impacts of migration, the perseverance of corruption together with the rise ofdifferent powerful oligarchs for example the president of both Italy and Ac Milan club Silvo Berlusconi. However, it is noted that some themes do not come out very clear for example hooliganism, terrorism, environmental issues, sectarianism as well as ethnic cleansing because they seem to be integrated on the culture as well as the local society. Lynchings were at one point a dreadful section of life of the South Americans hence it cannot be glossed as part of the culture. Therefore the course material is inline but not to perfection with some parts of the argument which the book exposes us to. When the book is analyzed it fails to live to the objective of systematically accounting on political matters and social phenomena in a substantialapproach through soccer. The author is not considered a prodigious stylist because he fails to use the language to deliver his meaning. Foer’s journalistic experience is plainly visible as his purpose is not to let people raise questions about his language expertise. He uses properly researched facts to build up his book. From the title of the book it gives an impression of explaining the world by the word globalization but it only addresses its failure to do away with ancient hatred in among the games rivalries. The book is also consistent at some points for example the chapter on Islam stands out to be very good where it acts as a liberating inspiration for people particularly the women.It should also be noted that inother parts of the world sociology of soccer differs and it cannot