Case Study about the Inventory of Eastman Kodak Company and Canon Inc

-After reviewing the financial statements and footnotes in the 10-K, discuss what inventory costing method both companies use (e.g. FIFO, LIFO, etc.) If there is a difference between the main company and the competitor, discuss how this difference may affect comparisons of inventory and cost of goods sold figures. -Using the information from the financial statements for each company, calculate the inventory turnover ratio and discuss how the ratios compare and what this may mean for each company. -Using the information from the financial statements for each company, calculate the �day�s sales in inventory� ratio and discuss how the ratios compare and what this may mean for each company. -Do either of the companies show any adjustments related to lower of cost or market? Explain why a company may report a lower of cost or market adjustment.

Reference/Textbook: Intro to Psychology (SOOMO webtext)

                                     Psychology (4th Edition). Asheville, NC: Soomo Publishing

Author: Myers, D., (2014)

NO PLAGIARISM

Assignment 1: Retrospective
Analysis of Personality

Due
Week 9 (8/31) and worth 220 points

In
this assignment, begin by taking a retrospective look at your life history, to
discuss which aspects of your personality have remained consistent and which
aspects of your personality have changed over time. Then, analyze the
roles of nature and nurture in shaping your personality. Subsequently,
discuss possible sources of inaccuracy and bias in any retrospective
analysis. Finally, discuss the reasons why systematic scientific studies
are considered more valuable than individual accounts. 

Write
a three to four (3-4) page paper in which you: (NO MORE THE REQUIRED PAGES)

1. 
Reflect
on your life history and discuss which aspects of your personality have changed
over time and which aspects have stayed consistent.

2. 
Based
on your retrospective analysis, describe the roles of nature and nurture in
shaping your personality. Reflect on your justification for distinguishing
between nature and nurture. 

3. 
Discuss
the possible sources of bias and inaccuracy whenever a person looks back on
their past history. Be sure to discuss factors related to memory and factors
related to cognition. 

4. 
Describe
why the science of psychology places more emphasis on results based on
scientific studies than it does on personal experience and anecdotes.

Your
assignment must follow these formatting requirements:

• Be typed, double
  spaced, using Times New Roman font (size 12), with one-inch margins on all
  sides; references must follow APA or school-specific format.  Check with your professor for any
  additional instructions.
• To keep this essay
  short and manageable, your only sources for your paper should be your own
  experience and the Webtext. For this reason, APA citations and references
  are not required for this assignment.
• Include a cover
  page containing the title of the assignment, the student’s name, the
  professor’s name, the course title, and the date.  The cover page and the reference page are
  not included in the required page length.
• Papers with more
  than the required number of pages (3-4) will NOT be accepted.

The
specific course learning outcomes associated with this assignment are:

• Relate psychological concepts to real-world situations.
• Describe the
  major theories of personality development, learning, memory, cognition,
  consciousness, development and social psychology.
• Use technology and
  information resources to research issues in psychology.
• Write clearly and
  concisely about psychology using proper writing mechanics.

Grading
for this assignment will be based on answer quality, logic / organization of
the paper, and language and writing skills, using the following rubric.

Points: 220	Assignment 1: Retrospective Analysis of Personality
Criteria	Unacceptable Below 60% F	Meets Minimum Expectations 60-69% D	Fair 70-79% C	Proficient 80-89% B	Exemplary 90-100% A
1. Reflect on your life history and discuss which aspects of your personality have changed over time and which aspects have stayed consistent. Weight: 20%	Did not submit or incompletely reflected on your life history and discuss which aspects of your personality have changed over time and which aspects have stayed consistent.	Insufficiently reflected on your life history and discuss which aspects of your personality have changed over time and which aspects have stayed consistent.	Partially reflected on your life history and discuss which aspects of your personality have changed over time and which aspects have stayed consistent.	Satisfactorily reflected on your life history and discuss which aspects of your personality have changed over time and which aspects have stayed consistent.	Thoroughly reflected on your life history and discuss which aspects of your personality have changed over time and which aspects have stayed consistent.
2. Based on your retrospective analysis, describe the roles of nature and nurture in shaping your personality. Reflect on your justification for distinguishing between nature and nurture.  Weight: 25%	Did not submit or incompletely described the roles of nature and nurture in shaping your personality based on your retrospective analysis. Did not submit or incompletely reflected on your justification for distinguishing between nature and nurture	Insufficiently described the roles of nature and nurture in shaping your personality based on your retrospective analysis. Insufficiently reflected on your justification for distinguishing between nature and nurture	Partially described the roles of nature and nurture in shaping your personality based on your retrospective analysis. Partially reflected on your justification for distinguishing between nature and nurture	Satisfactorily described the roles of nature and nurture in shaping your personality based on your retrospective analysis. Satisfactorily reflected on your justification for distinguishing between nature and nurture	Thoroughly described the roles of nature and nurture in shaping your personality based on your retrospective analysis. Thoroughly reflected on your justification for distinguishing between nature and nurture
3. Discuss the possible sources of bias and inaccuracy whenever a person looks back on their past history. Be sure to discuss factors related to memory and factors related to cognition.  Weight: 25%	Did not submit or incompletely discussed the possible sources of bias and inaccuracy whenever a person looks back on their past history. Did not submit or incompletely discussed factors related to memory and factors related to cognition.	Insufficiently discussed the possible sources of bias and inaccuracy whenever a person looks back on their past history. Insufficiently discussed factors related to memory and factors related to cognition.	Partially discussed the possible sources of bias and inaccuracy whenever a person looks back on their past history. Partially discussed factors related to memory and factors related to cognition.	Satisfactorily discussed the possible sources of bias and inaccuracy whenever a person looks back on their past history. Satisfactorily discussed factors related to memory and factors related to cognition.	Thoroughly discussed the possible sources of bias and inaccuracy whenever a person looks back on their past history. Thoroughly discussed factors related to memory and factors related to cognition.
4. Describe why the science of psychology places more emphasis on results based on scientific studies than it does on personal experience and anecdotes. Weight: 20%	Did not submit or incompletely described why the science of psychology places more emphasis on results based on scientific studies than it does on personal experience and anecdotes.	Insufficiently described why the science of psychology places more emphasis on results based on scientific studies than it does on personal experience and anecdotes.	Partially described why the science of psychology places more emphasis on results based on scientific studies than it does on personal experience and anecdotes.	Satisfactorily described why the science of psychology places more emphasis on results based on scientific studies than it does on personal experience and anecdotes.	Thoroughly described why the science of psychology places more emphasis on results based on scientific studies than it does on personal experience and anecdotes.
5. Writing / Support for ideas Weight: 5%	Never uses explanations, examples, and evidence that logically support ideas.	Rarely uses explanations, examples, and evidence that logically support ideas.	Partially uses explanations, examples, and evidence that logically support ideas.	Mostly uses explanations, examples, and evidence that logically support ideas.	Consistently uses explanations, examples, and evidence that logically support ideas.
6. Writing / Grammar and mechanics Weight: 5%	Serious and persistent errors in grammar, spelling, and punctuation.	Numerous errors in grammar, spelling, and punctuation.	Partially free of errors in grammar, spelling, and punctuation.	Mostly free of errors in grammar, spelling, and punctuation.	Free of errors in grammar, spelling, and punctuation.

The OUTLINE must conform to the format below EXACTLY.

Here are the themes and definitions:

LIBERTY: The growth of the ideal of democracy and the pursuit of freedom.
EQUALITY: The diversity of the American people and their struggle for fairness.
POWER: The exceptional nature of American strengths and resources, and the responsibilities that come with these.

Here is the question:

From the time of Reconstruction after the Civil War until the present, what progress have we made in the United States in terms of ALL three of our course themes―Liberty, Equality, and Power? YOU MUST write about ALL THREE THEMES.

1. INTRODUCTION

THESIS STATEMENT:

2. MAIN BODY PARAGRAPH

A.

B.

C.

D.

3. MAIN BODY PARAGRAPH

A.

B.

C.

D.

4. MAIN BODY PARAGRAPH

A.

B.

C.

D.

5. CONCLUSION

A.

Purpose of Assignment

The purpose of this assignment is to provide students an opportunity to apply communication theories and research to actual business situations. The discussion with other learning team members is designed to identify and consider different perspectives.

Assignment Steps

Read Case 2: Global Shared Services, McDonald’s Corporation, located in Mastering Leadership. (see attached file) and reference the textbook

Discuss in your learning team the communications and group behavioral issues that might arise in an organization that hires employees for their first job.

First list the communications and group behavioral issues that might arise in an organization that hires employees for their first job.

then,

Write at least two substantive responses (with a minimum 350 words each) individually as a Learning Team member.

Use APA format, use in-text citations, and reference the sources used. including the textbook (see attached file)

PART ONE

Your response post should be in the form of a response as William Commerce, asking for clarification and making any adjustments to their policy formulation you see appropriate.

Dear Mr. Commerce,

I believe a company should estimate and record the anticipated uncollectible accounts because there should be a record of any bad debts of the company. By having documentation of this information it could help the company improve. We could record the revenues when earned; however, it is best to keep track of the revenues earned even before it comes in due to the Generally Accepted Accounting Principles.

In order for the company to keep loyal customers regardless of their debts we should continue to extend their credit unless it continues to get out of hand. Also in order to keep up with our competitors we should offer credit to our customers. However, the GAAP makes sure we recognize any expenses when incurred and also any revenue that tends to be associated with the expense to be recognized as well. Therefore, under the accrual basis of the GAAP we have to make sure it is recorded including the estimation of bad debts.

Yes, sir we do not currently have a standard policy for credit management in our company. However here is the policy we can utilize for granting, managing, and collecting accounts receivable for Commerce Commercials.

Policy

The overall policy of Commerce Commercial is to take the appropriate and cost effective actions to collect accounts receivable. The main objective is to make sure that any revenue generated by Commerce Commercial is collected and recognized by accrual basis or cash basis. The accrual basis method will be used if the payment is due anytime during or after the goods and services are sold. If payments for goods and services are required in advance then the cash basis method will be used.

PART TWO

Customer and Vendor Relationships

PART ONE

Your response post should be in the form of a response as William Commerce, asking for clarification and making any adjustments to their policy formulation you see appropriate.

Dear Mr. Commerce,

I believe a company should estimate and record the anticipated uncollectible accounts because there should be a record of any bad debts of the company. By having documentation of this information it could help the company improve. We could record the revenues when earned; however, it is best to keep track of the revenues earned even before it comes in due to the Generally Accepted Accounting Principles.

In order for the company to keep loyal customers regardless of their debts we should continue to extend their credit unless it continues to get out of hand. Also in order to keep up with our competitors we should offer credit to our customers. However, the GAAP makes sure we recognize any expenses when incurred and also any revenue that tends to be associated with the expense to be recognized as well. Therefore, under the accrual basis of the GAAP we have to make sure it is recorded including the estimation of bad debts.

Yes, sir we do not currently have a standard policy for credit management in our company. However here is the policy we can utilize for granting, managing, and collecting accounts receivable for Commerce Commercials.

Policy

The overall policy of Commerce Commercial is to take the appropriate and cost effective actions to collect accounts receivable. The main objective is to make sure that any revenue generated by Commerce Commercial is collected and recognized by accrual basis or cash basis. The accrual basis method will be used if the payment is due anytime during or after the goods and services are sold. If payments for goods and services are required in advance then the cash basis method will be used.

PART TWO

Customer and Vendor Relationships ATTACHED SHEETS!

Compare and Contrast the Chapter 4 ending Profit and Loss Statement through February with the end of Chapter 5 Profit and Loss statement through the end of March for Kristin Raina Interior Designs

Compare and Contrast the Balance Sheet as of February 28th with the balance sheet as of March 31st. After analyzing the statements, answer the following questions:

• What is the financial situation of the company as of February 28th?
• Did the financial situation improve, remain the same, or start to decline through the month of March?
• What areas of strength exist in the company? What are the company’s weaknesses?
• What are some areas where the company has opportunities for growth for the company’s financial situation?
• In order to help you justify the above answers, financial ratios should be calculated. At minimum the following ratios should be calculated and used to support your arguments:
  • Debt to Equity Ratio (Total Liabilities/Equity) This ratio provides a look at how much the creditors have put into the company compared to how much the owners have put into the company.
  • Current Ratio (Current Assets/Current Liabilities) This provides a look at whether or not the business has enough current assets to pay their current liabilities.
  • Profit Margin (Net Income/Sales) This provides a measure of how much profit is earned on each dollar of sales.

the Chapter 4 ending Profit and Loss Statement through February with the end of Chapter 5 Profit and Loss statement through the end of March for Kristin Raina Interior Designs

Compare and Contrast the Balance Sheet as of February 28th with the balance sheet as of March 31st. After analyzing the statements, answer the following questions:

• What is the financial situation of the company as of February 28th?
• Did the financial situation improve, remain the same, or start to decline through the month of March?
• What areas of strength exist in the company? What are the company’s weaknesses?
• What are some areas where the company has opportunities for growth for the company’s financial situation?
• In order to help you justify the above answers, financial ratios should be calculated. At minimum the following ratios should be calculated and used to support your arguments:
  • Debt to Equity Ratio (Total Liabilities/Equity) This ratio provides a look at how much the creditors have put into the company compared to how much the owners have put into the company.
  • Current Ratio (Current Assets/Current Liabilities) This provides a look at whether or not the business has enough current assets to pay their current liabilities.
  • Profit Margin (Net Income/Sales) This provides a measure of how much profit is earned on each dollar of sales.