Microsoft Finance - 1077 Words

. *Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? The most obvious reason for the difference between the market value of equity and the book value of equity is the inability to record certain intangible assets such as brand value, customer loyalty, and perhaps most importantly, human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software†¦show more content†¦Even as reported the first quarter of 1997 represented the lowest quarterly revenue growth in the company’s history. While the timing of the company’s decision to defer rev enues appears particularly opportune, the introduction of Windows 95 to the market provides a legitimate reason for the decision. As described in the case, the company expected to integrate its Internet technologies into both Windows 95 and Office 97 â€Å"at no additional cost to customers.† Arguably, then, sales of these products were improved by these implicit promises and a portion of these revenues should be deferred into the future. However, to the extent the development costs of providing these enhancements have already been incurred and expensed under the company’s current treatment of software development costs, the company’s deferral of revenues exaggerates the mismatching of expenses with revenues. Still, the company’s policy on revenue recognition is more consistent with accrual accounting than is the company’s policy on software development expenses. 4. Describe Microsoft’s overall financial reporting strategy in 1997-99. Why di d the company adopt this strategy and why was the SEC concerned about it? 1. Hiding profits—Microsoft’s phenomenal success may have provided them with an incentive to hide their success from regulators and competitors. Given the company’s history with regulatoryShow MoreRelatedMicrosoft Econmic Down Turn 20091506 Words   |  7 PagesMicrosoft cuts jobs as profits fall US software giant Microsoft is to cut up to 5,000 jobs over the next 18 months - including 1,400 immediately - due to a slowing economy and weak spending on technology. Microsoft employs 1,200 people at Sandyford in Dublin, but a spokesperson said the cuts would have only a very minor impact in Ireland. It is believed fewer than 20 jobs will go. Microsoft said net profit fell by 11% in the second quarter of its financial year compared with a year earlierRead MoreEssay on Microsoft Case Study943 Words   |  4 Pages1. INTRODUCTION Microsoft founded in 1975 by Bill Gates. It is the largest information technology (IT) company. For the year 2005, its revenue was US$39,788 million and net income after taxes US$12,254. Nevertheless, since the early 2000s, a string of bad news had seriously undermined the future growth of Microsoft. Personal Computer (PC) operating system and basic office are the near-monopoly software in the category. Purchase of QDOS (quick and dirty operating system) from Seattle programmerRead MoreFinancial Analysis Of Microsoft Corporation971 Words   |  4 PagesFinancial Analysis of Microsoft Corporation The student learner was to pick a publicly traded company and perform a financial analysis based on the company’s financial statements. The student learner chose Microsoft Corporation. The student learner will obtain, analyze, and determine Microsoft’s financial well-being. Microsoft has better return on assets, but they can improve in other areas. Microsoft can increase profit margin, asset management and based on Microsoft s assets, and capital theyRead MoreQuickbooks Accounting Software Essay1569 Words   |  7 Pages Accounting/Finance application systems like Peachtree, Net Suite and QuickBooks let you manage your business with a little or no experience. All three application systems allow the users to manage the companies capital including bookkeeping, inventory, non-inventory service items, sales orders, purchase orders, and reports. It allows the companies to keep tracking of the financial assets and at the same time have the information the accountant needs. Using the accounting/finance application systemRead MoreQuickbooks1616 Words   |  7 Pages Accounting/Finance application systems like Peachtree, Net Suite and QuickBooks let you manage your business with a little or no experience. All three application systems allow the users to manage the companies capital including bookkeeping, inventory, non-inventory service items, sales orders, purchase orders, and reports. It allows the companies to keep tracking of the financial assets and at the same time have the information the accountant needs. Using the accounting/finance application systemRead MoreOrganizational Structure Essay examples902 Words   |  4 Pagescrucial for an organization to achieve maximum effectiveness and success. Microsoft Company, for instance, has an organizational structure consisting of board of directors who include Steve Ballmer as chief executive officer (CEO), senior leaders, executives, and technical leaders. Founded in 1975, Microsoft has grown today into a worldwide leader in software and services (Microsoft, 2009). The organizational structure of Microsoft proves to be efficient and effective. A comparison to other organizationsRead MoreCompany Profile Of Microsoft Corporation1251 Words   |  6 PagesCompany Profile Microsoft Corporation was founded on April 4, 1975 by Bill Gates and Paul Allen in Albuquerque, New Mexico(Wikipedia, 2016). As of today, it is headquartered at Redmond, Washington. It specializes in designing, developing, licensing, and supporting software products, services, and devices worldwide (Yahoo! Finance, 2016). The Company operates in five segments: Devices and Consumer (DC) Licensing, DC Hardware, DC Other, Commercial Licensing, and Commercial Other (Rueters, 2016)Read MoreBusiness Intelligence Software1165 Words   |  5 Pagesavailable once this business intelligence software is implemented. We will discuss hardware and system software that will be required to run specific business intelligence software. Lastly, I will give a brief synopsis on three vendors (IBM, Microsoft Microsoft and Oracle) that are dominating the business information software industry today. The goal to any company succeeding in today s fast paced high tech world is to establish aggressive strategic goals and a means to meet those goals. TheRead MoreProject Deliverable 1: Project Plan Inception Essay1192 Words   |  5 PagesGB hard drive b) Hardware Client - PII (minimum) 500 MHz c) Operating System Server - Windows 2000 Server or Windows 2003 Server d) Operating System Client - Windows 2000 or Windows XP e) Database Server - Sybase or Microsoft SQL Server 2000 f) Database : Sybase/Microsoft SQL Server Additional Modules a) Process Values (500 – 15.000 Values/min) b) Messages c) Redundant Coupling d) Data Backup e) Backup Server f) Batch Archiving, Batch Reports (incl. electronic signature) g) ManualRead MoreStrategic Initiative1018 Words   |  5 Pagesï » ¿ Strategic Initiative UOPX Finance for Business FIN/370 Davidson Jensen November 13, 2013 In this paper the team will be discussing the relationship between strategic planning and financial planning for Microsoft. The paper will discuss strategic planning initiative and identify a strategic initiative discussed in the Microsoft annual report. The team will also discuss how the initiative affects Microsoft financial planning. It will then go on to discuss how the plan affects

Strawberry Festival - 1144 Words

Food Practice Essay The most popular fruit in the berry world are strawberries. Strawberries are one of the most popular fruits in the world; they are popular between April and July. Strawberries not only add flavoring to foods but they are also healthy and very tasteful. There are more than 600 types of strawberries that vary in shape, size, texture, flavor and coloring. Strawberries are very elegant fruits; many use strawberries by dipping them in chocolate, smoothies, strawberry shortcakes and more. However, an event that I have attended where people have come together to share an interest in something that they all enjoy is the strawberry festival. The strawberry festival is held once a year in Troy, Ohio at their local†¦show more content†¦The festival puts together a number of athletic completion events the people could participate in during the weekend festivities. There is a big wheel race and a bed race that is held The Friday of the festival. On the Saturday of the festival starting early in the morning there is a softball tournament, volleyball, tennis shootout, pie eating contest, a children’s treasure hunt, and strawberry kid’s crawl. On Sunday a 10k run is held, a shortcake run his held, and another softball tournament is held. The shortcake run is a 2,000-meter run to troy high school. There is also a diaper derby, a Kid’Atholon, kiddie tractor pull, a talent show, a back seat driving contest, and a duck race. The strawberry festival also has a bulk of carnival rides the people can enjoy as they walk around the fairgrounds. The various amusement rides that the strawberry festival offers are the merry go round, swings, and the strawberry patch ride. The strawberry patch ride it is sort of like the spider at Kings Island. This ride was pretty much the main attraction at the strawberry fest so many children wait in line in order to ride the ride. It also was a main attraction because it fit in really well with the theme of the festival, strawberries. The festival also offered swimming, for those who want to get a little wet. There is a water park right next door to the fairground that contributes their facility to this event to help raiseShow MoreRelatedDescriptive Essay About Southwestern Quebec931 Words   |  4 Pagesknow the best of Southwestern Quebec’s cool cultural scene, breathtaking landscapes, vibrant festivals, and fantastic farms. Book your stay today. H1: Discover Natural Wonders Historic Marvels in Southwestern Quebec, Canada Content: Southwestern Quebec is home to some of the most iconic landmarks and spirited events in the country. There are plenty of outdoor thrills, amazing architecture, annual festivals, and cultural richness at every corner. From the Eastern Townships practically rubbingRead MoreHistory Of Ice Cream As Cream1614 Words   |  7 Pages000 people enjoyed. Snow- Storm Ice-Cream Festival (25th December, 2001 to 31 December, 2001) A week long ice cream festival was held simultaneously in 11 Vadilal Happiness Parlours of Gujarat. This festival was one of its kind. 71 flavors of Ice Cream, 51 Ice Cream Sundaes, Frozen Yogurts, Sorbets, Ice Mithai ice creams like Rasgulla, Gulabjamun other artisan ice creams were available at one stop. Over hundred thousand people attended this festival. Objective Of The Company Vadilal industriesRead MoreThe City Of New Orleans971 Words   |  4 Pagesexistence. In other states, people can come to a conclusion that all Louisiana natives are the same, but we vary around the state. New Orleans is different from all other cities in Louisiana for the exquisite taste of food and music, the collection of festivals, and the unfamiliar, out of space language. Now let s think? Why is New Orleans food so different from where I am from? Well, in New Orleans we have a mixture of Cajun and Creole cooks up in a pot in the back of the kitchen. Cajun food is whereRead MoreBeer Essay1054 Words   |  5 PagesBurroughs came up with the brilliant idea to have a festival based solely around Florida breweries. Now that’s a great idea, but to push the envelope a bit farther each brewery in attendance is required to bring at least two beers that are either one offs or don’t go into distribution. Basically each brewery is bringing the good stuff. I’m talking 45 breweries, two cideries, and 102 delicious beverages of the alcoholic variety. Tickets for this year’s festival, which was held on September 29th and 30th,Read MoreEssay on Concert1101 Words   |  5 Pages CONCERT REPORT #2 Beatles Z320 nbsp;nbsp;nbsp;nbsp;nbsp;For my second concert report I thought that I would write about my only experience hearing songs of the Beatles live. The Rib America Festival was hosted by The Beatles Live Repertoire. The group dressed exactly like the Beatles, even had the same names, John, Paul, George, and Ringo. I had never heard any Beatles songs live before, so that was enough to get me off my butt. Not to mention, it was free entertainment, not a bad time atRead MoreEssay about Background and Character of T.J. Avery524 Words   |  3 Pagesof this friend ship with the two white boys, but T.J. is disgusted that Grand Mother Logan wanted to see Mr Wade W. Jamison, who is an attorney at Law. This is while he was visiting the town of Strawberry with Grand Mother Logan and the Logan children. Also while in strawberry Stacey Logan is foolishly persuaded by T.J. to go into the white mans store, which is other wise know as The Barnett Mercantile, while in the mercantile T.J. is mesmerised by the peal-handled pistolRead MoreCase Study - Marketing for Hospitality and Tourism1567 Words   |  7 PagesWine Festival† The management believed his suggestion would be beneficial and backed the concept with budget, personnel and managerial support. Event also had another purposes like creating publicity for the hotel and developing scholarship fund for students. Starting from opening cocktail reception, the festival was held for four days. The festival was divided into three sections of wine tasting and dining, with prices ranging from ï ¼â€ž50 to ï ¼â€ž180. Almost all the events during the festival wereRead MoreThe Island Of Jamaica, Jamaica1464 Words   |  6 PagesRick’s Cafà © 2) Dunn’s River Falls 3) Jamaica Bobsledding 4) Jamaican Food 5) Strawberry Hill 6) Stotchie’s 7) The caves 8) Jamaica’s Music 9) Rose Hall 10) Appleton Estate Rum Tour (â€Å"Jamaica Top 10 List†) Jamaica has many festivals throughout the year. They have at least one festival/event every single month from January to December. A few of these festivals/events include Accompong Maroon Festival, Negril Fat Tire Festival, Hague Agricultural Show, and the Jamaica Orchid Society Show. Most of theirRead MoreCanadian Culture Essay examples1469 Words   |  6 Pagesactivity would come of it. And that it did, Canadas first rodeo, the Raymond Stampede, was first established in 1902 (par.10). Country music is also another popular artistic culture in the prairies and can be seen at one of the largest country music festivals, Big Valley jamboree, that takes place in southern Alberta every year and attracts thousands of people from all across Canada. Another region to look at isRead MoreCulture and Cuicine in Canada1492 Words   |  6 Pageswould come of it. And that it did, Canada s first rodeo, the Raymond Stampede, was first established in 1902 (par.10). Country music is also another popular artistic culture in the prairies and can be seen at one of the largest country music festivals, Big Valley jamboree, that takes place in southern Alberta every year and attracts thousands of people from all across Canada. Another region to look at is the Eastern Maritimes which includes the smaller provinces of Nova Scotia, Prince Edward

Theory of Holism Free Essays

The theory of General Systems and Holism Biophysically model suggests that the understanding of the illness from the perspective of the mind Is crucial to the complex nature of health. To have a more Len- depth view over the health experiences and the nature of Illness one must add psychological and social factors to the biomedical explanation (Morrison, Bennett, 2012). For example, if we intend to analyze depression only from the biological point IEEE, we would only identify its biomedical causes: the genetics of depression. We will write a custom essay sample on Theory of Holism or any similar topic only for you Order Now However, depression, as supported by the research, can be caused by multiple causes such as traumatic event experienced by the individual at the early age, difficult social context, as for instance, lack of social support, etc. Analysis becomes much more complex, but at the same time more profound and complete, when utilizing biophysically model. The development of the biophysically model by Engel in 1974 was contributed to through such theories, as the theory of General Systems and Holism. The theory of General Systems Insists that for a complete understanding of processes, which are occurring Inside a human being, there Is a need to not only look at the Interrelations of enzymes In a cell (biological approach but also think about conscious (cognitive) and unconscious (psychoanalytical) How to cite Theory of Holism, Papers