Examine the table above. Which of ADM’s accruals are “large” relative to the benchmark? Do all of these large changes in accruals seem reasonable given what you know was happening in ADM’s product markets during 2008? The following are the large accruals: receivables, inventories, accounts payable, and accrued liabilities. The large increase in inventories, accounts receivable, and accounts payable seems the most appropriate, considering the prices of soybeans and corn both have significantly increased over the last few years, and also seem to have gone back and forth quite a bit.
The three field system made a more efficient production of fruits and vegetables. * How did the agricultural revolution change European society? Provide an example. * The agricultural revolution changed European society for the better. The new invention of farming equipment improved on the production of produce for the expanding populations.
income statement and balance sheets in the common size format many trends can be associated with and analyzed with their current situation. As a whole on their income statement operating expenses are increasing while net income available to stockholders is decreasing as a percentage of total sales. In 2006, 3.63% of their sales were available to stockholders, while in 2008 only 1.44% of net income was available to shareholders. Some of the major factors affecting Whole Foods, Inc. income statement include an increase in research and development by 1.31% over a two year period ending September 28, 2008. They also faced increased operational expenses of selling, general, and administrative costs by 0.49%.
Case Study Decision case 13-5: Acquisition Case GB518 Financial Accounting Principles and Analysis 1. To determine the liquidity of Heavy Duty Tractors the following measures were used. * The working capital was calculated by subtracting current liabilities from current assets. Working capital 2007: $215,180,000 - $126,250,000 = $88,930,000 Working capital 2008: $324,120,000 - $162,300,000 = $161,820,000 From this, we can see between the two years the working capital almost doubled between 2007 and 2008. * The current ratio = Current asset/Current liabilities Current ratio 2007 = $215,180/$126,250 =1.70 to 1 Current ratio 2008 = $324,120/$162,300 = 2.00 to 1 Between the years of 2007 and 2008, the current ratio increased.
Document A is a chart depicting the price per bushel of wheat, cotton, and corn compared to the millions of bushels produced every five years. As the years progressed, it is seen that the price per bushel steadily decreased as the amount of bushels increased, leading to overproduction. This overproduction may have been the result of farmers beginning to utilize irrigation systems as well as machinery to produce the crops quicker and easier. Also, document D shows the image of cattle guiding a machine in order for the farmer to harvest the vast amount of wheat more sufficiently. The picture implies that the technology used by farmers had become more and more popular, causing most farmers to take part in Bonanza farming in which they would harvest larger amounts of land in order to participate in large-scale commercial farming.
How far has the impact of the boom of the 1920s been exaggerated? According to historians such as Marcus M. Wirkher, the 1920’s has been considered to be a relatively prosperous period for many Americans. It was the decade which saw ‘personal income rise by thirty eight percent’ and a time when people could enjoy a lifestyle which they never before knew existed. However, this wasn’t the case for everyone. The farming population were seen to be the largest group of victims as the ‘domestic market was saturated’ with livestock and they found themselves fall dramatically into debt.
This map would be useful to answering the question because it would display the negative effects of the Green Revolution visually and let me accurately compare the different regions and see where the consequences were worse. Some people would agree that the Green Revolution expanded agricultural supply and immensely benefitted farmers and the society as a whole (Docs 1, 2, 4). The technological advances that came along with the revolution helped with the growth of food production as well as world population by allowing farmers to manufacture an abundance of food suitable for more people. Since 1950, the wheat yields of Mexico and India multiplied about 4 times as much as the Green Revolution progressed (Doc 1). Because the Food and Agriculture Organization were the ones who
Stage three of the Conrad and-Demarest model helps understand empires by seeing their major results such as relative stability and prosperity, economic rewards, and population increase. The stability and prosperity of the Han started with high agricultural productivity supporting the craft industries of iron tools and silk. The iron industry was of rapid growth, because iron parts were used in shovels, picks and spades, enabling cultivators to produce more food and support a larger population. The agriculture surplus allowed fine manufactured goods to be produced and to engage in trade. Iron also was of military use in crafting armor, swords and spears.
Some have estimated 60 million dollars are spent enforcing legal prohibition each in year in Colorado before this amendment while estimating that they could save the minimum of 12 million dollars a year (Alliance, 2014). This act also comes with the creation of new jobs bringing work back into the economy to better help bolster the economy as well. This also brings more business to farm and crop suppliers so that it is somewhat beneficial in more than one area of the economy. Also with this upward trend showing and making it available recreationally have decreased the number of illegal
The household sector shares about 90 % of total energy consumption (NCCSPE, 2011; ESMAP, 1996). Biomass fuel demand increases by 2.5% annually during the last two decades and the annual consumption of wood is much more than the yield in Ethiopia (Mekonnen, 2000). It is estimated that the demand for fuel wood in Ethiopia is five to six times the sustainable supply (ARSMERDPA, 2005). Further, indicates that only 43% of the total population has access to electricity. Of those having access to electricity as energy sources, only 2% people are rural, while the rest 86% are urban