Author: chris

Management of the Singer Company is currently considering the possibility of changing from the FIFO method to the LIFO method of inventory valuation for income tax and financial reporting purposes.Evaluate the merit of Ms. Singer’s concern that bankers may be misled by the company’s balance sheet if LIFO is used.

Management of the Singer Company is currently considering the possibility of changing from the FIFO method to the LIFO method of inventory valuation for income tax and financial reporting purposes. The company’s president, Diane Singer, is concerned that using LIFO will tend to distort the company’s balance sheet over time. She believes that the difference between the current cost of the company’s inventory and the reported LIFO valuation will tend to grow larger each year, and that the company’s reported LIFO inventory valuation will be progressively understated in relation to current cost. Singer Company relies heavily on short-term bank credit, and Ms. Singer feels that the company’s bankers will tend to downgrade the company’s short-term debt-paying ability if a switch to LIFO is made.

Required:1.Discuss the major factors that, over time, will affect the magnitude of the difference between the current cost of the company’s inventory and the reported LIFO amount.

2.Evaluate the merit of Ms. Singer’s concern that bankers may be misled by the company’s balance sheet if LIFO is used.

In Friedmans article, War, Psychology and Time, the issue of al Qaedas objectives,explain the role terrorist group leaders play.

In Friedmans article, War, Psychology and Time, the issue of al Qaedas objectives and whether they might be achieved are addressed. Concerning this matter, �The root problem, as bin Laden saw it, was psychological. Muslims suffered from a psychology of defeat.� Concerning this �psychology of defeat,� can you explain the role terrorist group leaders play in addressing this issue in their followers and the tools and techniques they utilize to modify the psychological and behavioral factors of those individuals?

The Legal and Ethical Environment of Business.

The discussion assignment for this week includes a review of the Key Assignment Outline (Code of Conduct Plan) completed by one of your classmates, as well as a substantial response to at least two other students.
Primary Task Response: Your first task is to post your own Key Assignment Outline (Code of Conduct Plan) to the discussion area so that other students are able to review your plan. Attach your document to the main discussion post, and include any notes you feel are appropriate. The purpose of this assignment is to help improve the quality of the Key Assignment Draft (Code of Conduct Plan) you will complete next week.
Respond to Another Student: Review at least 2 other student’s Key Assignment Outline (Code of Conduct Plan) and provide meaningful feedback. Refrain from general feedback, such as simply stating “good job.” Your feedback to other students is most helpful if you not only point out weak areas but also offer suggestions for improvement. The best feedback takes a three-stage approach to identify what was done well, weaknesses, and areas for improvement.

In a summary, identify the general 4-step process of becoming a Simple Church (C.M.A.F.).

CHURCH MODEL ANALYSIS 1 INSTRUCTIONS
From Simple Church, read Rainer, Thom, and Eric Geiger. Simple Church: Returning to God’s Process for Making Disciples. Nashville: B&H Publishing Group, 2011. ISBN: 9780805447996. chapters 5–8 and write a 4-page summary. In a summary, identify the general 4-step process of becoming a Simple Church (C.M.A.F.). Also, identify 1–2 areas that your ministry context needs to work on.