Solution 1 — Classification with the Statement of Cash Flows Buck should present the borrowing and payment activity as a cash flow from financing activities. ASC 230-10-45-14 states that “proceeds from issuing bonds‚ mortgages‚ notes‚ and from other short- or long-term borrowing” are a cash inflow from financing activities. Similarly‚ ASC 23010-45-15 states that “repayments of amounts borrowed” are a cash outflow for financing activities. Solution 2 — Gross versus net presentation Scenario
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http://www.nytimes.com/2012/12/24/opinion/the-moral-animal.html?_r=0 The Moral Animal By JONATHAN SACKS Jonathan Sacks is the chief rabbi of the United Hebrew Congregations of the Commonwealth and a member of the House of Lords. Published: December 23‚ 2012 IT is the religious time of the year. Step into any city in America or Britain and you will see the night sky lit by religious symbols‚ Christmas decorations certainly and probably also a giant menorah. Religion in the West seems alive and
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Midterm Exam Wednesday October 2012 Moral Reasoning Test format and point distribution: * 5 matching (2 points each) * 20 multiple choice questions (1 point each) * 2 essays (5 points each) Format for Essay Questions:You will be given a moral dilemma and asked to apply either Utilitarianism or Kant’s moral theory to the situation Things to consider when applying the ethical theories Utilitarianism: For utilitarianism‚ you need to remember that we are concerned with the greatest
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The movie that I chose for ethical dilemma is the Disney movie called “UP”. It is a story based on an old man and how a boy’s scout boy helps the old man keep his house by floating the old man’s house with balloons. This is an adventurous movie. It has a lot of ups and downs. The ethical dilemma in this movie the man is old‚ his wife is dead and the city is building new buildings all around his house they want him to vacant his him go to an old folk’s home to live for the rest of his remaining life
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Moral objectivism is the view that every individual has the same basic moral principles that valid for all situations at all time. This philosophy denounces moral relativism which is primarily concerned with the differences in moral judgments across different people and cultures. Essentially this view takes into consideration that there are various customs that are accepted and other that are not in different countries. One example is that it is wrong to hit or shove someone because you feel like
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Moral Relativism: A Contradictory Idea Julian Watson Intro to Philosophy Moral relativism is the belief that there are no moral absolutes‚ and that morality (as a concept) is something that exists only in the mind of the individual. In theory‚ it’s an appealing philosophy‚ but when applied to serious issues on a global scale then you begin to create problems that generally lead to chaos and complete anarchy. In this paper‚ I will break down why Moral Relativism is
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cost of tragedy is a huge predicament in society. Having to decide between two moral wrongdoings is almost impossible. With no obvious answer‚ you must decide between the lesser of two evils from an ethical standpoint. While there may be tough decisions to be made‚ you need to ask yourself the obvious question as well as the tragic one. A situation may seem tragic‚ but a truly tragic situation is only when it involves moral wrongdoing. Choosing to eat at home vs eating with your friend for example would
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CASE STUDY ON DILEMMA AT DEVIL’S DEN INTRODUCTION In the case study of the Dilemma at Devil’s Den‚ we have a student snack bar Devil’s Den‚ which was managed by contract with an external company College Food Services (CFS) that had many organizational challenges that needed to be immediately addressed. An employee Susan realized these challenges. One of the main many problems was the theft that was going on for a long time. The employees were allowing their friends to take free food‚ and
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Moral Values versus Academic Subject Matters Good morning faculty and Students “Welcome back to a new and rewarding School year” was the first thing I heard Principle Williams say as he made the announcements. The next thing on the agenda was to go over the rules of the school and classroom. It is the first day of school at Westover Elementary and the students are back in school for one hundred and eighty days. WOW! I just love my job. Well it is time to get down to business. We must go
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Sociology 1A. Moral Panics According to Cohen‚ society is often subject to such instances and periods of moral panic; an occurrence which is characterised by ‘stylized and stereotypical’ representation by the mass media‚ and a tendency for those ‘in power’ (politicians‚ bishops‚ editors and so on) to man the ‘moral barricades’ and pronounce judgement. At times the object and nature of the panic may be considered ‘novel’‚ such as that concerning the ‘child killers’ of James Bulger in the
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