Tuesday, May 19, 2020

Racism, Sexism, And Sexism Essay - 976 Words

Everywhere I go, I see people wearing a multitude of different clothing, it’s something all humans do, we all have our own way of dressing. I get judged based on the things I wear, just how people are judged based on their race. What people wear can say a lot about them and make others act or think a certain way. Clothes can show the wearer’s thoughts, social status, enjoyments, jobs, and even more. People can often figure these things out just based on their clothes without even thinking about it. However, assumptions and stereotypes of any kind can be highly inaccurate. Clothism is as real as racism and sexism. Judging people based on the clothes they wear is the same as judging people based on their race. One thing that can be gathered about someone based on their clothes is their opinions. Political shirts saying to vote a certain way reflect the wearer’s political views. If someone wears a shirt that says â€Å"Vote for Pedro,† they’re probabl y voting for Pedro themselves and want to sway others to vote the same way. A shirt that has a musician’s name on it shows that the wearer likes their music. A jersey or hat of a sports team shows that they like that sport and team. I’ve worn political shirts for campaigns before. I’ve worn different artists’ shirts. I wear shirts of teams and schools. Wearing these clothing items was to show others my thoughts and opinions of the topics. Similar to how people dress, a person’s race can often times give leway to their opinions.Show MoreRelatedRacism, Sexism, And Sexism889 Words   |  4 Pagesconstructs that have made little progress such as racism, sexism, and homophobia. In reality vaccines and sexism are manmade, a vaccine is a manmade invention and sexism is a manmade idea. Neither would exist without human beings backing the idea that they are necessary. Racism is â€Å"prejudice, discrimination, or antagonism directed against someone of a d ifferent race based on the belief that one’s own race is superior (Oxford Dictionary).† Racism over the last hundred years has been directed towardsRead MoreSexism And Racism : Racism And Prejudice Essay1348 Words   |  6 PagesSexism vs Racism Discrimination and prejudice have both been a major problem in our society since the idea of gender and race contacted our brains. Everyone hopes that humankind will change and treat everyone equally and fairly, but this still has yet to happen. Mankind is still treating people as minorities without a second thought. Women are still stereotyped as being too feminine for a â€Å"man’s job†, such as construction or military forces. As well as, men being considered to manly to be ableRead MoreSexism And Racism Essay1301 Words   |  6 PagesAllison Price English 3 12 August 2017 MLA Sexism and Racism within the American Judicial System There is blatant sexism and racism within the American Judicial System shown by a lack of convictions and inconsistent sentencing. Despite many small steps forward towards equality, injustice and systemic racism still find their way into the cases and verdicts we hear on the news every day. The battle for racial and gender equality is a fight that’s been fought diligently for centuries and while stepsRead MoreOppression : Racism And Sexism949 Words   |  4 PagesOppression thrives in America because a majority of its citizens believes forms of oppression such as racism and sexism are relics of the past. What they do not know is that instead of disappearing, racism and sexism have just become so normalized in the United States to the point where people see them as just parts of everyday life. Institution are the rules and establishments put in place to help regulate peoples’ life on a social and global scale. White, straight men have been creating these institutionsRea d MoreRacism and Sexism in Education1166 Words   |  5 Pageswhich produce and maintain racism and racial hatred; the study of the interaction between social class and ethnicity in social stratification, giving rise to both vertical and horizontal segments in the social structure of societies; the sociological analysis of how these issues have contributed to the specific features of social stratification in contemporary societies. Despite the importance of these empirical studies, it is argued that, in order to conceptualize racism, sociologists must set asideRead MoreRacism, Feminism, And Sexism1450 Words   |  6 Pagesheard it and seen it before, the many opinions and large voices that speak out on important matters. But, do we ever consider the true meaning on these important matters, or do we tend to listen to everyone else s thoughts to form our own? Racism, feminism and sexism are all three very common issues that many seen throughout the news stations and the media. We al l talk about how important making a change and standing up for what is right, but no one speaks up or says anything when a topic like theseRead MoreRacism, Sexism, And Classism1188 Words   |  5 PagesMerlyn Manoj April 13, 2016 Period 2 Kale Then and Now: Changes of Racism, Sexism, and Classism In To Kill A Mockingbird, by Harper Lee, Jem and Scout, the protagonists in the book, experience and learn about the problems of racism, sexism, and classism when their father, Atticus, agrees to defend Tom Robinson, an African American, in a trial. Set in the 1930s, most people were treated unfairly because of their race, gender, or social class. Even though problems about race, gender, and classRead MoreReverse Sexism : Reverse Racism And Verse Sexism1308 Words   |  6 Pagesdemonstrate that it is possible to experience some kind of reverse subjugation, right? Well no, not exactly. So, is reverse sexism possible? Is reverse racism possible? With a focus on systemic oppression in this essay, I attempt to answer these questions while defending the position that reverse racism and reverse sexism do not exist. I will discuss how reverse oppression – be it reverse racism, or female privilege – cannot exist because the very nature of oppression will not allow for it. I attempt to doRead MoreRacism And Sexism : A More Serious Issue Than Sexism1535 Words   |  7 PagesRacism and sexism are terms that have been debatable for centuries. Many argue that there is not a difference between the two. Some feel as though racism is a more serious issue than sexism and vice versa. From my perspective, racism and sexism are different, but have equal relevance in society. One factor that makes the two equal is discrimination. Racism is discrimination based on differences in color while sexism is discrimination based on gender. Racism is the belief that members of each raceRead More`` Sula `` : Themes Of Racism And Sexism1657 Words   |  7 PagesDate Word Count Racism and Sexism Throughout Toni Morrison’s novel, Sula, The two themes of racism and sexism are introduced. â€Å"The Bottom† is the African American society of which the novel is based off of. The town, itself, seems to even be a symbol of racism since it was only established because of an act of racism. The people in â€Å"The Bottom† are subjected to racism on a daily basis, however throughout the novel it becomes clear that even they because racist as well. The racism shown in the comments

Quotes on Dance and Life from Isadore Duncan

Isadora Duncan was an American dancer who rejected classical ballet forms for more natural movements of interpretive dance, which later evolved into modern dance. Isadora Duncan first found fame in Europe which received her more readily. Isadora Duncans personal life was also unconventional and scandalous, including a dramatic death. Selected Isadora Duncan Quotations Adieu, mes amis. Je vais à   la gloire. reported as her last words.My motto - sans limites.Dance is the movement of the universe concentrated in an individual.I have discovered the dance. I have discovered the art which has been lost for two thousand years.If I could tell you what it meant, there would be no point in dancing it.The dancers body is simply the luminous manifestation of the soul.What I am interested in doing is finding and expressing a new form of life.People do not live nowadays. They get about ten percent out of life.The whole world is absolutely brought up on lies. We are fed nothing but lies. It begins with lies and half our lives we live with lies.I do not teach children, I give them joy.The finest inheritance you can give to a child is to allow it to make its own way, completely on its own feet.So long as little children are allowed to suffer, there is no true love in this world.The real American type can never be a ballet dancer. The legs are too long, the body too supple and the spirit too free for this school of affected grace and toe walking.It seems to me monstrous that anyone should believe that the jazz rhythm expresses America. Jazz rhythm expresses the primitive savage.I had learned to have a perfect nausea for the theatre: the continual repetition of the same words and the same gestures, night after night, and the caprices, the way of looking at life, and the entire rigmarole disgusted me.Virtuous people are simply those who have not been tempted sufficiently, because they live in a vegetative state, or because their purposes are so concentrated in one direction that they have not had the leisure to glance around them.We may not all break the Ten Commandments, but we are certainly all capable of it. Within us lurks the breaker of all laws, ready to spring out at the first real opportunity.Any intelligent woman who reads the marriage contract, and then goes into it, deserves all the consequences.So that ends my first experience wit h matrimony, which I always thought a highly overrated performance.It has taken me years of struggle, hard work and research to learn to make one simple gesture, and I know enough about the art of writing to realize that it would take as many years of concentrated effort to write one simple, beautiful sentence.Good-bye, America, I shall never see you again! to reporters on leaving for Europe for the last timeArt is not necessary at all. All that is necessary to make this world a better place to live in is to love -- to love as Christ loved, as Buddha loved.You were once wild here. Dont let them tame you.

Wednesday, May 6, 2020

Diabetes Mellitus ( T1dm ) Essay - 1668 Words

Diabetes Mellitus, more commonly known as Diabetes, affects approximately 26 million individuals in the United States. As a whole, Diabetes Mellitus is a metabolic condition in which the body either expresses an intolerance to insulin, or it is unable to produce enough insulin to meet its needs. Diabetes Mellitus is classified into categories, with Type 1, Type 2, and gestational being the most well known. Each of these types may demonstrate many of the same signs and symptoms, however, there are differences worth taking note of in order to prevent future macrovascular and/or microvascular complications among diagnosed patients. Type 1 diabetes (T1DM) is considered an auto-immune disorder characterized by a lack of insulin production caused by the body’s own destruction of pancreatic cells. The body needs insulin to process and store glucose for energy, and a lack of production causes blood glucose levels to become elevated. Roughly 5-10% of those who are diagnosed with diabe tes fall into the type 1 category with numbers expected to grow with the next 20 years (Albright, 2013, p. 91). While diagnosis can occur at any age, a significantly large part of the type 1 diabetic community is diagnosed as children and adolescents, which is why type 1 diabetes is often referred to as juvenile onset, presenting itself between the ages of 5 and 7 years. In an online journal, Atkinson, Eisenbarth, and Michels (2013) explored the prevalence of type 1 diabetes within males and femalesShow MoreRelatedType 1 Diabetes Mellitus ( T1dm )1456 Words   |  6 PagesINTRODUCTION Type 1 diabetes mellitus (T1DM) is the most common metabolic disorder in which both genetic and environmental factors are involved [1]. T1DM is considered a chronic immune-mediated disorder. It was hypothesized that whilst children have a genetic predisposition to T1DM, there is likely to be an environmental factor that triggers the development of T1DM. Possible triggers that have been suggested include viral infection, vaccines, low levels of vitamin D and cow’s milk, [2]. OxidativeRead MoreType 1 Diabetes Mellitus ( T1dm )2058 Words   |  9 PagesType 1 diabetes mellitus (T1DM) results from a defect in insulin secretion in the body. T1DM may happen at any age and it is one of the most common chronic diseases of childhood and adolescents (Misso, Egberts, Page, O’Connor, Shaw, 2010). Long-term complications of T1DM include retinopathy, nephropathy, neuropathy, and cardiovascular disease. There is no prevention or cure for T1DM, and the treatment is a life-long insuli n replacement regimen. Proper and accurate glycemic control is critical toRead MoreDisease Pathophysiology And Treatment Of Diabetes Mellitus1464 Words   |  6 PagesDisease Pathophysiology and Treatment of Type 1 Diabetes Mellitus Rogelio Gonzales University of Texas Rio Grande Valley 1. Introduction â€Å"Diabetes mellitus, by far the most common of all endocrine disorders, is one of the foremost public health concerns confronting the world today. Over 23 million individuals in the United States, or 8% of the population, have diabetes. An estimated 17.5 million have been diagnosed, but 5.5 million (nearly one fourth) are unaware they have the disease† (NelmsRead MoreApplication Of Self Care Theory For Patients With Diabetes1567 Words   |  7 PagesApplication of Self-Care Theory for Patients with Diabetes Nursing theory can be used to solve many types of issues in patient care. Problems that the advanced practice nurse (APRN) encounter benefit significantly from nursing theories. Sometimes nursing theories are developed by observing these nursing problems and their solutions. Dorthea Orem (1914-2007) is a nursing theorist who developed the nursing theories about self-care. She describes self-care as the individual’s ability to complete activitiesRead MoreConcept Of Self Care For Patients With Diabetes Essay2095 Words   |  9 Pagesof this analysis is to understand the concept of self-care in relation to patients with type 1 or 2 diabetes mellitus from Dorthea Orem’s theories: theory of self-care, theory of self-care deficit, the theory of nursing systems, and the theory of dependent care. Each step of the framework provided by Walker and Avant (2005) will be used to evaluate the concept of self-care for patients with diabetes in the following sections: definition, literature review, defining attributes, antecedents, consequencesRead MoreDiabetic Nephropathy : The Leading Cause Of Chronic Kidney Diseases Worldwide And Most Of The Affected Patients1143 Words   |  5 Pagesdiseases worldwide and most of the affected patients have T2DM. A co nsiderable number of patients newly diagnosed with T2DM may already have developed nephropathy due to a preceding period of undiagnosed diabetes and impaired glucose tolerance [11]. According to the classification of American Diabetes Association, DN is divided into three stages, incipient nephropathy (micro-albuminuria), clinical diabetic nephropathy (macro-albuminuria) and ESRD. To diagnose those DN patients in its early stage canRead MoreA Brief Note On The Major Micro Vascular Complication Of Type 2 Diabetes Mellitus1685 Words   |  7 PagesBackground: Diabetic nephropathy is the major micro-vascular complication of type 2 diabetes mellitus (T2DM) and is the main cause for end-stage kidney disease. In view of metabolic derangements of T2DM, we went further to investigate the role played by oxidized low density lipoprotein (ox-LDL), toll like receptor 4 (TLR4), lipocalin-2 (LCN2), and omentin-1 in DN. Patients and methods: 15 normo-albuminuria T2DM, 15 micro-albuminuria T2DM an d 15 macro-albuminuria T2DM in addition to 15 healthy volunteerRead MoreMIF and Autoinmmune Liver Disease1891 Words   |  8 Pagesdisease are intricately linked to MIF promoter alleles and severity of disease which has been established in other autoimmune disorders such as SLE [9]. MIF in Type 1 Diabetes Mellitus Type 1 Diabetes Mellitus (T1DM) is an autoimmune disease which presents at a frequency of 5-10% in the total number of diabetes patients [10]. T1DM results as a consequence of selective T-cell mediated damage of insulin producing pancreatic islet ÃŽ ²-cells [11]. Together the interplay between macrophages and T-cellsRead MoreDiabetes : Diabetes And Diabetes1193 Words   |  5 Pagesthe family has diabetes. Her husband, your grandfather, is at risk for diabetes. Your father has diabetes. Your mother is at risk for diabetes. Your half-sister on your father’s side of the family was recently tested for diabetes. What kind of future regarding diabetes does that leave you with? This may not be you, but this is me. This is my diabetic and at risk family. What is the difference between the types of diabetes? What are the possible problems I can have because of diabetes? How can I treatRead MoreDiabetes Mellitus ( Dm ) Is One Of The Most Prevalent Diseases Affecting The Endocrine System1636 Words   |  7 PagesDiabetes mellitus (DM) is one of the most prevalent diseases affecting the endocrine system. The incidence of DM in the United States has reached over 29 million citizens (Diabetes Latest, 2014). Of the 29 million, the Centers for Disease Control and Prevention (2014) estimate that 1 in 4 are unaware of their condition. DM can be categorized into three different diseases: Type One, Type Two, and Gestational. Types one and two are diagnosed anytime throughout a patient’s life; gestational is DM that

How The Civil War Became A War To Free The Slaves

When President Lincoln first called for troops to put down the confederate rebellion, he made no connection between this action and an attempt to end slavery. In fact, he explicitly stated the utmost care will be observed to avoid any devastation, any destruction of, or interference with, property... At this point, slavery was not yet integral to the struggle, it was much more important for the Union to air on the side of political prudence and avoid angering loyal boarder states. However, despite this lack of political dialogue, many abolitionists, slaves, and free blacks felt the war to preserve the union could also be a war to end slavery. In the end, they were right, as military need overwhelmed potential political dangers, slaves†¦show more content†¦Despite these misgivings, the Union policy of returning slaves who had not been employed by the Confederacy continued as the army moved through the boarder states. When they began to move deeper south, however, this polic y became much more difficult to enforce. General Ambrose E. Burnside found this to be true after invading coastal North Carolina and finding virtually no loyal slaveholders but many slaves who â€Å"seemed to be wild with excitement and delight.† This, combined with ever increasing recognition of fugitive slave labors importance to the Union war effort, led Congress to declare in March 1892 that Union soldiers were forbidden to return fugitive slaves to their owners. Even with this change in policy, the federal government continued to overrule emancipation efforts as they attempted to retain the loyalty of slaveholding boarder states. When General David Hunter proclaimed freedom for all slaves in South Carolina, Georgia, and Florida, he was quickly overruled by President Lincoln. However, while Lincoln clearly stuck down General Hunter’s proclamation, he also offered aid to the boarder states so they â€Å"may adopt a gradual abolishment of slavery.† Despite t his set back, Hunter continued to work for the emancipation of slaves, and went so far as to enlist ex-slaves as soldiers without any authorization to do so. Although his actions may have beenShow MoreRelatedThe Causes of the Civil War Essay example1121 Words   |  5 Pagesand turn on each other? The Civil war has main causes, key people, and battles. All of the people, events, and causes effected how the war came to be and how the Civil War was fought. The important people of the Civil war made important decisions that may have caused one side to a victory or a horrific lose. The battles of the war were bloody and devastating, and the causes of the Civil War show how different the North was from the South. Many people know the Civil War was extremely significant, butRead MoreEvents Leading up to the Civil War Essay1537 Words   |  7 Pagesdepression, farmers had their land taken away, shays rebellion came, and slavery became a topic of debate. This led to the constitutional con vention. Many plans were proposed, but only compromises were accepted. Two important compromises were the Great Compromise, and the three-fifths compromise. The Great Compromise made a two house legislature, and the three-fifths compromise made slaves count as three-fifths of a free person when counting population. During the convention they also agreed that congressRead MoreThe Events That Caused The Civil War1688 Words   |  7 Pages The Events That Caused the Civil War One could argue that the true causes of the Civil War were states’ rights and taxations. Although this played a large part in the start of the Civil War, slavery was the ultimate factor that led to this event in history. Economic and social differences between the north and the south, fights between slave and non-slave proponents, the growth of the abolition movement, and the election of Abraham Lincoln are all events having to do with slavery in the United StatesRead MoreWhat Caused The Civil War? Slavery? Politics?Social Conflicts?Maybe1628 Words   |  7 PagesWhat caused the Civil War? Slavery? Politics? Social Conflicts? Maybe it was little bit of everything. In 1861-1865 America s bloodiest conflict happened. It was called the Civil War. The Civil War was between the North and the South about slavery. The North was antislavery, but the South was all for slavery. The North wanted to free the slaves to help fight the war, but the South was not fond of that. Som e would believe that they would talk it out; however, they both decided to haveRead MoreThere Are Many People Who Argue What The Real Cause Or1651 Words   |  7 PagesThere are many people who argue what the real cause or causes of the civil war was. I believe there are many causes but the main cause would be the issue of the southern states not wanting to get rid of chattel slavery. The southern states were dependent on slavery for the production of their economics. The southern states would fight for their policies to over extend into the blossoming states rather than the northern polices. President Abraham Lincoln, without a single vote from the southernRead MoreTaking a Look at the American Civil War896 Words   |  4 PagesMany events during the mid-1700-1800s provoked the civil war because of the contradicting ideas between the northern states and the southern states. The conflict between the north and south that led to the civil war includes economic, social, and politic al events. At the meantime, slavery arose as a huge debate between the pro-slavery and anti-slavery faction. Fierce debates had sparked between the north and south states because of the southern states’ agrarian based economy. The geography in theRead MoreWas The Civil War Inevitable?1724 Words   |  7 Pages WAS THE CIVIL WAR INEVITABLE? Shannon Olivolo History 101: US History I 5 May 2017 The American Civil War was one of the bloodiest and deadly wars in US history, with over two percent of the population dying during war from either disease or injuries (Reilly 2016). One may question why this war was the most deadly in history and could it have been prevented. A vast majority of historians will argue that this war was inevitable due to many precipitating factors, mainly being theRead MoreThe American Civil War1296 Words   |  6 Pages The American Civil War, also known as the State’s War, was a conflict that arose mostly from the issue of slavery, but deep down was due to economic differences between the North and the South. The South seceded from the North and created their own self-government due to their belief in the lack of state’s rights versus the federal government and what they saw as a weakness in the Articles of Confederation. While the Confederacy of the United States depended on slave labor for their economy in regardsRead MoreSlavery Was A Part Of Many Societies And Nations Around The World1401 Words   |  6 Pagesthe practice until the Civil War in the mid-1800s. Before the Civil War, slavery and descendants of slaves were much of the backbone and strength of the society and economy of the United States. Slavery really fully developed during the colonial times; boomed in the South during the antebellum times; and finally dissipated after a war proved to be the only way to resolve the controversy. Slavery in the New World started in 1492 when Europeans started migrating, and slaves were brought from AfricaRead MoreFrederick Douglass : The Cause Of The American Civil War998 Words   |  4 PagesIn April 1861, the Un-united States of America went to war against each other leading to the death of 600,000 Americans. This tragic period is known as the American Civil War. Although slavery was an overarching issue in American politics, the cause of the Civil War was rooted in social, political and economic disagreements. One of the contributing factors which led to the Civil War were the social disputes between the North and the South. The morality of the issue of slavery was one which was

Explaining The Global Carbon Budget Samples †MyAssignmenthelp.com

Question: Discuss about the Explaining The Global Carbon Budget. Answer: Technology has made us Gods, even before we deserve to call ourselves human beings. The above quoted lines of Woody Allen clearly indicate the way technology has affected the lives of the human beings. It is true that technology has greatly improved the quality of our lives but at the same time it has contributed much to the problems which the world is facing at the present moment. One of the major problems which the world is facing at the moment because of the technological advancement is the problem of carbon dioxide emission and its impact on the climate of the world (Douglass 2018). According to Elizabeth Douglass, Once the amount of CO2 in the atmosphere tops 3.2 trillion metric tons, chances dim to avoid climate disaster, according to new calculations (Douglass 2018). Carbon budget can be defined as the maximum amount of greenhouses gases that can be released into the atmosphere without causing a significant amount of damage to the world climate (Le Qur et al. 2016). However, over the years this carbon budget of the world is fast depleting and if any drastic measures are not taken then the budget is likely to get exhausted with the next few decades. According to Elizabeth Douglass, the total carbon budget spent since the 1870s till present is around 2 trillion metric tons (Douglass 2018). The remaining amount of carbon budget left is only 1.2 trillion metric tons (Douglass 2018). Therefore, with the view to reduce the amount of fast rate of the depletion of the carbon budget of the world, the major powers of the world like USA. UK and others along with organizations like United Nations have signed significant treaties in a bid to reduce the amount of carbon dioxide emission and its subsequent damage on the environment and climate (Douglass 2018). China has given hope in this particular sphere with its bio-energy with carbon capture and storage (Douglass 2018). Therefore, from the above discussion it becomes clear that the major problem which the world is facing at the moment is the fast depletion of the carbon budget. The depletion of this particular budget will not only raise the global temperature significantly but will also cause other related problems. Therefore, drastic steps need to be taken in order to counter this problem. References Douglass, E. 2018.Climate Primer: Explaining the Global Carbon Budget and Why it matters. Inside Climate News, pp.1-6. Le Qur, C., Andrew, R.M., Canadell, J.G., Sitch, S., Korsbakken, J.I., Peters, G.P., Manning, A.C., Boden, T.A., Tans, P.P., Houghton, R.A. and Keeling, R.F., 2016. Global carbon budget 2016.Earth System Science Data,8(2), pp.605-649.

Importance of Internal Control- Free-Samples-Myassignmenthlep

Question: Discuss about the Importance of Internal Control, Earnings Management, Concept on Valuation of Inventories and recording of Non-Current assets etc. Answer: Introduction This report will address to the concerns shown by the partners about the business including brief discussion on the importance of internal control, earnings management, concept on valuation of inventories and recording of non-current assets etc. This report will further include the explanation of current ratio, gross profit margin and inventory ratio. Importance Of Internal Control Internal control is the method for affirming the attainment of the entitys goals in operational efficiency and effectiveness, recording of financial reports in reliable manner and ensuring the compliance with rules, laws and regulations. In simple terms, internal control means everything that reduces the risks to an entity. Further it can be said that it improves the quality of recognising of financial records and also the chances of fraud, error, mismanagement etc. are reduced to minimum because transactions recorded by one individual supposed to be verified by another individual. No individual has full control on any transactions (Doyle, Ge and McVay, 2007). E Ferguson (partner) concerned about the preparation of bank reconciliation every month. It can be said that statement of bank reconciliation is prepared so that continuous cash flow movements is observed and also to detect the mistakes in the financial records of the entity because cash is most susceptible asset. Hence, incorporating Internal control system in accounting department (in this case, preparation of BRS) helps in minimising frauds and errors to the entity. Thus, the concern shown by the partner is not correct. Earnings Management It means using of practices to generate accounting records that presents overlay view of the companys financial performance to the stakeholders. Earnings management takes the benefit of how accounting rules are applied and reports the financial statements that bloat assets or revenues (Bergstresser and Philippon, 2006). Valuation Of Inventories Inventories are also called as stock and it means the quantity of goods held by the company at the end of the reporting period. Inventories are the major current assets of the company and therefore proper valuation of inventories are necessary to declare the correct financial reports. If the inventory valuation is not correctly done, then the revenues and expenses are not equal and thus the company could not make wise decisions. The 2 methods for valuation for inventory are: Perpetual inventory system: This system records every sale and also makes an entry in account of inventory. Further this system also records reduced inventory as and when sale takes place and adds the inventory as and when the buyer returns the goods. In simple terms, every transaction is recorded. Thus using of this method to value inventory, the company knows the clear picture of their investment in inventories. Periodic inventory system: This method is totally opposite to perpetual inventory system because in this system entry for COGS is not recorded only the selling of inventory is recorded in revenue account. Thus, daily tracking of inventory is not possible in this case. E Ferguson (partner) concerned about that the perpetual inventory system does not depict financial statements in positive light. Thus, I would suggest to E Ferguson that inventory valuation based on perpetual system is very good because it clearly depicts the true picture about the flow of the inventory and also financial statements is accurately prepared which is beneficial for the users of the financial statements. Accounting Standard Guidelines For Recording Non-Current Assets Non-current assets are those assets which will bring economic benefits to the company and their cost is also measured reliably (AASB, 2010). The accounting treatment of Non-Current Assets are given under AASB-116 of Property, plant and Equipment. As per paragraph 15, An asset shall be recognised at its cost. In paragraph 16, cost of non-current assets composed of the following items: Purchase cost including rates and taxes after subtracting rebates and discounts. Costs which will incurred to bringing the asset into working condition such as: initial handling and delivery charges including training and testing charges, freights, installation cost and cost to reorganise inventory department. Thus, in this case, E Ferguson (partner) concerned about the costs which will be capitalised in the machinery costs and the costs which will be expensed. According to question, the cost of the machinery comprises of: Total Cost of the machinery: Particulars Amount ($) Purchase Price 20, 000 less: trade Discount 3, 000 17, 000 Add: Freight 2, 200 Installation costs 650 Initial training costs 570 Initial testing costs 500 Cost to reorganise inventory department 6, 000 Machinery Costs to be capitalised 26, 920 Interpretation Of Current Ratio Current ratio is a part of liquidity ratio in which liquidity performance of the company is identified. This ratio is computed just to evaluate the current obligations met by company when they fall outstanding. Ideally this ratio must be 2:1 which denotes that current assets must be twice the current liabilities. The formula for current ratio is: Current assets/Current Liabilities (Saleem and Rehman, 2011). In this question, current ratio is equal to $ 17.39 which depicts that the liquidity performance of the company is sound as compare to their competitors who reported $1.60. Interpretation Of Gross Profit Percentage This ratio determines the percentage of return available on revenue from day to day operations. Higher GP ratio depicts better business performance. It is expressed in percentage terms and it is computed as follows: GP/revenues (Gill, Biger and Mathur, 2010). In this question, GP ratio is equal to 61.44% which depicts that the business performance of the company is sound as compare to their competitors who reported 48%. Interpretation Of Inventory Ratio This ratio depicts the rapidity of the inventory to convert into revenues. Higher ratio denotes the inventory is retailing very swiftly. In simple terms it can be said as higher ratio implies the efficiently usage of the inventory by the company (Koumanakos, 2008). In this question, inventory ratio is equal to 144.5 days which depicts that the inventory of the company is effectively utilised as compare to their competitors References Bergstresser, D. and Philippon, T., 2006, CEO incentives and earnings management, Journal of financial economics, vol.80, no.3, pp.511-529. Doyle, J., Ge, W. and McVay, S., 2007, Determinants of weaknesses in internal control over financial reporting, Journal of accounting and Economics, vol.44, no.1, pp.193-223. Saleem, Q. and Rehman, R.U., 2011, Impacts of liquidity ratios on profitability, Interdisciplinary Journal of Research in Business, vol.1, no.7, pp.95-98. Gill, A., Biger, N. and Mathur, N., 2010, The relationship between working capital management and profitability: Evidence from the United States, Business and economics journal, vol.10, no.1, pp.1-9. Koumanakos, D.P., 2008, The effect of inventory management on firm performance, International journal of productivity and performance management, vol.57, no.5, pp.355-369. AASB, 2010, AASB 116: Property, Plant and Equipment, viewed on 13 June 2017 from https://www.aasb.gov.au/admin/file/content102/c3/AASB116_07-04_ERDRjun10_07-09.pdf.