Producing the financial statements Coursework Example | Topics and Well Written Essays - 750 words

Producing the financial statements - Coursework Example Producing the financial statements Building an engine factory needs substantial cash outlay in terms of capital. Capital items don’t go to the income statement unless in terms of financial cost like interest so the statement may be un affected but the financial position will be affected as money moves from the bank/cash for construction and to be eventually capitalized. Loans are relatively easy to acquire if there is collateral available but is a rather expensive mode of financing due to the ever increasing interest rates. Using retained earnings to finance is cheap and efficient but the disadvantage is that it will starve the company of liquidity needed to finance daily operations. If VW ceased operations in China, this will result in a 31 percent fall in sales which was attributed to the Chinese market in the last financial results. There will be a further loss of 9.6 bn Euros that is attributed to joint ventures. G.M’s net income of 595 million dollars that is derived from the Chinese market will also be lost. The recall caused a charge of 3.1 billion dollars on the income of G.M. The production expenses would certainly go down and hence increased productivity. The market being exited will experience direct and indirect job losses while the opposite will be the case for the market being entered. Shareholders are always concerned with the return on their investment and if this action results in a gain on their share value, the shareholders will be more than glad but if the share value does not appreciate then they will not be amused.

Problems Faced by Asian-Americans from 1965-Todate Essay

Problems Faced by Asian-Americans from 1965-Todate - Essay Example Such experiences of immigrants are well described by Ronald Takaki in his book â€Å"A History of Asian Americans: Strangers from the Different Shore.† Ronald Takaki has significantly highlighted the various problems and the difficulties that are faced by many Asian American immigrants in America. In his book, Ronald Takaki has addressed all the problems that are faced by many Asian American immigrants when they come to America in search of better jobs and better life. This book explores their difficulties and struggle in achieving the better opportunities and then finally adjusting themselves in American culture by adopting their ways, culture, norms and value. It is a known fact that Asian ethnic groups are faced with many difficulties and problems in America. Different people from China, Japan, India, Bangladesh, Srilanka, Philippine, Pakistan and Korea fall under Asian ethnic group. Main Problems Faced by Asian Americans: Asian Americans are faced with many problems and di fficulties in America. ... ian groups have been living and settled in America for over 150 years and it is obvious to see that they have adopted the American culture but still today they are considered as minority groups in the country. Americans consider them â€Å"Foreign† and they are given little or no respect at all. White people consider them no less than aliens who have invaded their land because of their non-European features and lifestyle. Ronald Takaki has also highlighted the ignorance of American Historians in recognizing the contributions of these Asians in the western society, particularly in America. According to Ronald Takaki, Asians were deprived of their basic rights in the country. They were forced to do jobs on lowest-labor costs which closed the doors of getting better jobs in order to acquire better lifestyle. Chinese were the first ones to enter in America; followed by Japanese and other Asian groups. However, Chinese were forced into lowest-paying jobs; they were insulted and bea ten by the local people and were deprived of basic rights. Here we cannot ignore the contributions made by Chinese in the construction of railroad in mainland and at Hawaii sugar plantations. Americans considered Chinese and Japanese as Foreigners. Chinese, Japanese and Korean women were barred to enter in the country which was an attempt to prevent the formation of their families and to limit their population in the country. Americans or the Whites had adopted the hostile attitude towards them, they were ill-treated by them and they were prevented to own any land or property in America. They were not allowed to cast their vote due to racial discrimination and hostile attitude of Americans towards Asians. Racial discrimination, lowest-paying jobs and prejudice are the three major problems that