buy custom Value Added essay

buy custom Value Added essay Value added is an important element in a company since it is instrumental in measuring the wealth created by a company which can in turn be used to analyze the contribution of the company to the economy of its country. According to Cox (1979), value added is defined as the wealth the reporting entity has been able to create by its own and its employees efforts. In Simple terms, value added is the difference between sales and the cost of purchasing goods or bought-in-goods and services. Two approaches are used to calculate value added. The first methodology is by simply subtracting the purchases from the sales or turnover based on the definition of value added. This means that Value Added = Sales Purchases or Bought-in-good. Furthermore, value added can be looked at as a net figure that presents the value an individual, industry or company and contributes to the goods it has purchased. Therefore, value added can be calculated through the method of addition. This means that Value Added = Operating Profit + Labor Costs + Depreciation. It can be calculated through the addition of employee costs, operating profit, amortization/impairment of charges and depreciation even though company accounts do not always provide the cost of boght-in-items. The above quantities that cumulatively constitute value added are calculated and defined as follows (Department for Business Innovation and Skills, 2010): Employee costs- This is the total amount of money paid to an employee including social security, death benefit plans, pension wages and salaries. Operating profit- This is the measuring of a companys ability to earn from day-today operations and is equal to pre-deduction of income taxes and interest payments of earnings. Amortization/impairment- This is the impairment of goodwill, depreciation of capitalized development and impairment/amortization of other intangibles. Depreciation- This is the impairment charges on assets held under finance leases and owned assets. Link between value added, profit and cash flow As much as value added is the best indicator of a companys wealth, the success of the company may also be contingent to the profitability of the business entity. A strong correlation between the performance of a companys sales and its profit exist. For instannce, a company making profit may be recording a good sales performance in that they are selling the quantity of goods that they intended to or even surpassing their prospects. However, it is imperative to note that the profitability of the company in question does not translate to an increase in the sales. A wholesalers pricing of goods to the company may be very good. The company will in turn gives the goods a market value that ensures profit but does but not sell the expected quantity of goods. On the other hand, the inability of a company to make profit would result into a loss thus affecting the performance of sales. This loss may be contributed by a lack of a company selling the intended quantity of goods thus interfering with the prospects of value added. Moreover, cash flow is another aspect that is correlated with the sales performance. It is defined as a record of a companys income and expenditure. Cash flow is vital for the success of business in that the if a company had a good sales performance, their cash inflow will be higher thus boosting the sales performance. This may eventually result into the value addition of the company. On the contrary, a company that records a low amount of sales will add little money to the cash flow hence limiting the chances of profitability and value addition Buy custom Value Added essay

100 Idioms About Numbers

100 Idioms About Numbers 100 Idioms About Numbers 100 Idioms About Numbers By Mark Nichol Last week, I offered a post about idioms pertaining to the number one (I limited the scope because there’s only so much space on the Internet.) Here’s the sequel, with expressions that mention all other numbers. 1. (a number) (something) short of a (something): said euphemistically of someone who is mentally deficient or unstable (as in â€Å"one slice short of a loaf†) 2–3. $64,000 question/million-dollar question: a very important question (from game shows that offered such an amount to contestants who answered increasingly difficult quiz questions) 4. a dime a dozen: cheap and/or plentiful 5. a million miles away: distracted 6. a stitch in time saves nine: a proverb that refers to the importance of precaution 7. as easy as one-two-three: said of something as simple as counting 8. at sixes and sevens: confused 9. at the eleventh hour: at a late stage or the last possible moment 10. bat a thousand: be very successful (from the batting average in baseball: one who bats 1.000- or, in this context, â€Å"a thousand†- gets a hit every time) 11. behind the eight-ball: in a difficult situation (from the pool ball numbered 8 as an obstacle) 12. catch-22: a no-win situation 13. deep-six: dispose of or get rid of (from a nautical measurement of depth; compare to â€Å"six feet under†) 14: dressed to the nines: very well dressed 15. eight-hundred-pound gorilla: any formidable obstacle 16. eighty-six: to 86 someone is to eject or get rid of them, or to refuse them service 17–20: feel/look like a million bucks/dollars: said in reference to being in an excellent state of emotional or physical health or to having the appearance of being in excellent condition 21: fifteen minutes of fame: brief, superficial celebrity (based on Andy Warhol’s observation about ephemeral celebrity) 22. fifty-fifty: said of dividing something equally 23. five-finger discount: shoplifting 24. five will get you ten: in all likelihood (from the results of gambling on even odds) 25. fiver: five-dollar bill 26. four-bagger: a home run in baseball (from the batter touching all four bags, or bases) 27. four corners of the earth: all the parts of the world 28. four-eyes: a mocking term for someone who wears eyeglasses 29. four-leaf clover: an allusion to good luck because of the notion that finding a clover with four leaves, which is rare, will bring good fortune 30. four-letter word: an obscene or vulgar word, from the fact that several such words have four letters 31. forty winks: a nap 32. give me five: an exclamation prompting someone to slap another’s hand as greeting or acknowledgment 33. give two hoots about: said of someone, preceded by one or more names or a pronoun and doesn’t or don’t, to express a lack of concern 34. hang ten: a greeting referring to the surfing challenge of hanging all one’s toes over the front end of the surfboard 35. high-five: a gesture two people exchange by slapping hands with their arms extended upward 36–39. hundred-to-one/million-to-one chance/shot: said in reference to a low probability of success 40–41. hundred/thousand and one: said in reference to an indeterminate but large number of conditions or reasons something may fail or not turn out well 42. it takes two to tango: said of a situation in which two parties are both responsible 43. Joe Six-Pack: the average man (from the notion that he’s just a regular guy who likes to drink beer) 44. kill two birds with one stone: achieve two goals with one action 45. know a trick or two: said when one has an unorthodox solution to a problem 46. lesser of two evils: something that is bad but not as bad as something else 47. nine lives: a reference to having good luck (from the notion that cats have nine lives) 48. nine times out of ten: almost always 49. nine-day wonder: a briefly famous or attention-getting person or thing (see also â€Å"seven-day wonder†) 50. nine-to-five attitude: an approach to work in which an employee does the minimum required to remain employed (compare to â€Å"nine-to-five job†) 51. nine-to-five job: full-time employment during daytime hours, or, broadly, conventional office employment (compare to â€Å"nine-to-five attitude†) 52. no two ways about it: said to express certainty or inflexibility 53. of two minds: undecided 54. on all fours: on hands and knees 55. on cloud nine: very happy 56. phony as a three-dollar bill: said in reference to something patently fake 57. possession is nine-tenths of the law: a reference to the notion that someone who possesses something has a stronger legal claim to it than someone who merely asserts ownership 58. put two and two together: said of correctly figuring out or solving a problem, as compared with computation 59. queer as a three-dollar bill: said in reference to something very peculiar 60. scattered to the four winds: widely dispersed 61. seven-day wonder: sarcastic reference to someone or something supposedly made perfect in seven days (alluding to the biblical account of creation) 62. seven-year itch: a desire to cheat on one’s spouse said to manifest after seven years of marriage 63. six feet under: dead and buried (from the traditional burial depth of six feet; compare to â€Å"deep-six†) 64. six of one and half a dozen of the other: said in reference to little difference between two things 65–66. six-pack: while away the time drinking beer, or a reference to a well-toned abdomen (because the contours of the muscles resemble the adjacent curves of a set of beverage cans); see also â€Å"Joe Six-Pack† 67. six ways from Sunday: every possible way 68. slip me five: shake my hand 69. stand on (one’s) own two feet: be self-sufficient 70. take five: rest briefly 71. tell (someone) a thing or two: scold 72. ten: excellent or perfect (alluding to a 1-to-10 scale of quality) 73. ten-four: yes (from a radio code) 74. ten-spot: ten-dollar bill 75. ten to one: used as an introductory phrase to express one’s believe that the odds of something happening are favorable 76. that makes two of us: we agree, or something is true of the speaker or writer and another person 77. three-alarm fire: said of something as exciting as a major structural fire (the number referenced may vary) 78. three cheers: praise (also used sarcastically) 79. three hots and a cot: a slang reference to jail or prison as a place where three hot meals and a bed are provided 80. three squares a day: a reference to three complete meals 81. three R’s: reading, writing, and arithmetic (alluding to the first consonant sound of each word) 82. three-ring circus: said of a confused or noisy activity 83. three sheets to the wind: drunk (from nautical slang referring to sheets, or ropes that hold sails taut, coming loose, causing a sailing ship to move erratically) 84. three strikes: said in reference to having three chances before suffering a consequence (see also â€Å"two strikes†) 85. twenty-four seven: all the time, from the count of twenty-four hours and seven days (usually written 24/7 and sometimes extended to 24/7/365 to refer to the number of days in a year) 86. twentysomething: in one’s twenties (also thirtysomething, etc.) 87. two can play that game: refers to the possibility that one who has treated another badly may be treated that way in return 88. two cents’ worth: advice 89. two heads are better than one: collaboration will produce a better outcome than individual effort 90. two left feet: said of an awkward dancer 91–92. two of a kind/two peas in a pod: said of two people who are very similar (or, in the case of the second expression, often in each other’s company) 93. two shakes of a lamb’s tail: a very brief period 94. two strikes: said of someone or something that has two disadvantages or obstacles, with the implication that a third strike, as in baseball, will put someone or something out of action 95. two wrongs don’t make a right: doing something wrong in response to another wrong is not justified 96. two-timer: someone who cheats on a partner 97. two’s company: part of a proverb (followed by the counterpoint â€Å"three’s a crowd†) to express that often, a third person is unwelcome 98. up to eleven: to a great degree (an allusion to a volume dial going past the usual 1-to-10 scale) 99. whole nine yards: as far as possible, or the entire amount 100. wouldn’t touch (someone or something) with a ten-foot pole: a reference to assiduously avoiding something Want to improve your English in five minutes a day? 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