CFC20 Healthy eating for families Essay

?2. 1 Outline the importance of family mealtimes. Family meals are important; it will help the family come to together. At the meal time everyone can talk and listen. They can talk about how they feel or what they have done. Children can learn how to sit at the table and behave. Regular meal time it is important of the child’s daily routine and they can learn about healthy food. 2. 2. Describe ways to encourage children to eat healthily. Give the children healthy foods. Show children that you eat healthy food, they will like to be copying. Eating should be fun and shared with other family members. Try not to give them too much snack. Children usually have small appetites so they may need to be given small portions of food at mealtimes. Give them a wide variety of foods so that they get used to a range of tastes and textures Limit the amount of sugary and fatty foods they eat Encourage the children to drink nutritious drinks such as a milk or diluted unsweetened fruit juices instead of sweetened. Children should be become independent at feeding themselves as soon as possible Let young children help with food preparation Aim to provide three meals, with nutritious snacks between meals 3. 1. Identify food restrictions for religious groups. There are some foods that not everyone eats. When planning meals, it is good idea to find out what people can and cannot eat. Some religions have rules about food and they have rules about the way food is made, such as Jewish and Muslim families will only eat meat if the animal has been killed in a certain way. Religious group Comments Hindus They don’t eat beef Most of them are vegetarian They don’t eat cheese, eggs They don’t usually eat pork Sikhs Some are vegetarian; others will eat lamb, chicken and fish They don’t usually eat pork They don’t eat beef Jews Meat must be kosher. Do not eat pork, shellfish or fish without fins and scales Separate cooking dishes must be used for dairy products They don’t eat dairy products and meat together Muslims Meat must be halal They don’t eat pork May not eat some dairy products During the Ramadan adults fast between sunrise and sunset Rastafarians Mainly vegetarian, some eat fish They don’t eat pork May not eat some cheese 3. 2. Outline special dietary requirements There are groups of people who may have other food needs Vegetarian Vegan 3. 3. Identify food allergies Having a food allergy means that eating or sometimes touching a certain food causes a person to be ill. If person has an allergy to a certain food, they should avoid eating. An allergic reaction can happen when somebody eats the food they are allergic to, and become ill. We have to careful before we giving people food. There are common allergies such as; Milk Peanuts and nuts from trees Eggs Wheat Fish Honey Sesame 4. 1. Give reasons for hand washing before food preparation BEFORE TOUCH THE FOOD BEFORE THE TOUCH THE PLATES AFTER YOU HAVE BEEN TO TOILET AFTER YOU HAVE SNEEZED OR COUGHT Before making or serving food we should wash our hands with hot water and soap. This will stop germs on your hands from going onto the food or onto the plates. It also stops germs from raw meat and fish from getting onto foods that are ready to serve. 4. 2/4. 3 Food storage and preparation to stop cross-contamination Foods have to be stored properly for it to be safe, so that the food is good to eat and free from germs and bacteria. One hazard of poor food storage is cross-contamination. Some foods are not safe to eat raw because they have germs on them which are removed only during the cooking, which then makes the food safe to eat. Cross-contamination happens when the germs from raw foods are passed on to cook foods, which are then eaten. Use separate chopping boards and knives for raw and cooked foods. Wrap up cooked foods Cook raw foods well Do not store raw and cooked foods near each other Keep the kitchen clean Defrost food before cooking if required Make sure that food is cooked all the way through, especially meat and fish Keep hot food hot and cold food cold Wrap or cover food and put it away in the fridge or cupboard as soon as it is cool Make sure that raw meat and fish are kept at the bottom of the fridge to stop them dripping onto cooked food and causing cross-contamination.

Mitten Manufacturing Ltd

Generally, mergers occur for the purpose of improving financial performance or shareholders – making the likelihood of this potential merger ideal. Angela has offered to sell ML to John for the book value of equity, based on the 2014 year. MUMS financial Statements are in accordance with FIRS. John has asked for our help as professional accountants with the firm of Label and Liana ALP (L&L) to assist in determining an estimate of the purchase price. In order to do so we must first address the accounting issues with Mil's current financial statements.It should be noted that Mil's financial statements were prepared for internal purposes and have not been audited. John will want Mil's financial statements to be accurate before agreeing to Angel's suggested purchase price so that he is not overpaying. He will also want accurate financial statements to accurately determine Mil's debt/equity ratio, going concern, and other important ratios/factors. Angela may be biased towards keepi ng her current balance sheet numbers as they most likely overvalue assets and undervalue liabilities, making the sale of her ownership a better deal for her, but not necessarily a better deal for John.As John's accountants we must approach this conservatively in order to ensure that he is not overpaying for the company, focusing primarily on the book value of equity which is to be the selling price. Analysis and Recommendations Issue: $500,000 loss ML experienced a loss of $500,000 during the year which could be due to problems with operations or Accounts Receivable collection. This may have encouraged Angela to bias the numbers to make ML look better to potential buyers. This loss should be kept in mind when reviewing the following issues.While this is a one-time event, working capital, inventory turnover, and debt ratios should be considered when determining the company's future sustainability. This loss will decrease or has decreased shareholders equity by $500,000. The loss may be a positive for John as he will be able to carry forward the loss to a positive net income in the next twenty years, which can potentially reduce Mil's future taxable income. Should John decide to carry forward this loss, the journal entry should kick like the following: 1) Dry. Deferred tax asset 500,000 Cry.Income tax benefit Issue: How to account for the new lease agreement Capital Lease Operating Lease Under FIRS, one of four classification criteria must be met in order to be lassie as a Capital Lease: 1) Reasonably assured that ownership will transfer to lessee at end of lease term 2) Lessee gets substantially all economic benefits from using the leased asset over the lease term 3) Lesser recovers substantially all investment, and earns a rate of return 4) Leased asset is specialized and can only be used by lessee According to the terms of Mil's new lease agreement: 1) Yes, under the assumption that the Bargain Purchase Option of $4,500 will be exercised 2) No, lessee only us es 50% of economic life – not considered substantial as there is still 50% of its life left for economic benefits to be aimed 3) Yes, because the IV of Minimum Lease Payments (where 1=9%, N=5, and is equal to $88,000, which is 100% of the IV of the asset at January 1 , 2014 4) NINA.Information was not provided to answer this The lease meets both the first and third classification criteria Capital Leases must record the asset and liability, depreciation of the asset, and interest expense following the effective interest method Under FIRS, one will account for a lease as operating if the risk and benefits of ownership of the leased asset are not transferred to the lessee If a lease does not meet any of the criteria necessary for a Capital Lease, then it will be ported as an Operating Lease Operating Leases are accounted for as a rental expense After considering the two alternatives, it is clear that the new lease agreement must be recorded in Mil's books as a Capital Lease. Thi s is due to two of the four Capital Lease classification criteria being met, which do not allow for the company to record it as an Operating Lease. The following journal entries should have been entered throughout 2014: 01/01/14: 1) Dry. Lease Equipment Obligation 88,000 88,000 2) or. Lease Obligation Cry. Lease 24,066. 26 Cry. Cash 12/31/14: 3) Dry. Interest Expense 3,057. 02 4) Dry. Amortization Expense Cry. Accumulated Amortization 3,057. 02 Cry.Interest payable 4,400 While there are more incentives to classifying a lease as operating such as tax incentives, higher return on asset, and better solvency ratios, the lease must be classified as a Capital Lease so as to stay in accordance with FIRS. However, a Capital Lease does provide a company with a higher operating cash flow, and reduces Net Income, which potentially reduces income taxes. A lower Net Income will result in a lower shareholder's equity. Issue: Entries to reflect changes in the plan asset and liability for current y ear FIRS ASPS FIRS requires that the same discount rate is used for plan asset and liability and the immediate recognition approach must be used.Therefore, using the Projected Benefit Obligation method, and using a 10% discount rate, the Plan Liability would be: $ 694,969 + 35,000 + 69,497 – 40,000 = $759,466 And the Plan Asset, using the 10% actual return on plan assets, would be: $ 525,000 + 52,500 = $537,500 Making the Defined Benefit Obligation: $ 537,500 – 759,466 ($221,966) The Pension Expense: $ 35,000 – 52,500 = $ 51 ,997 And the Net Defined Benefit Liability: – (169,969) = ($ 51 ,997) ASPS allows for either the immediate recognition approach or the deferral and amortization approach ASPS also allows for the expected return on plan assets to be different from the discount rate used for the Accrued Benefit Obligation No calculations are necessary for the ASPS alternative of this issue, as they would not be in accordance with FIRS with which ML must follow. Therefore, in accordance with FIRS, we will account for the changes in the plan asset and liability as stated above.Please note that the Accrued Benefit Obligation (ABA) will be referred to as the Defined Benefit Obligation (DB), s we are working under FIRS rather than ASPS. Following the restriction that the same discount rate (1 0% in this case) be used for both plan asset and liability, the following journal entries should be made to account for the changes for the current year: 12/31/14: 1) Dry. Pension Expense Cry. Net Defined Benefit Liability 51,997 51 ,997 This increase in Net Defined Liability will decrease Shareholder's Equity. Issue: Depreciation of Capital Assets The depreciation of capital assets must be taken out of the provision for income taxes included in the financial statements for the current period.This depreciation is to be included in taxable income, not accounting income and will incorrectly state Mil's provision for income taxes if not removed. The CA amount needed to be removed is equal to x 30% $1 this amount will be deducted from the taxable income. The removal of $1 from the provision for income taxes will increase net income, subsequently increasing shareholders equity. Issue: How to account for the Super Shopper Account Receivable Estimate Unconvertible Receivables Writing Off Accounts Receivable There are two methods to estimate unconvertible receivables: 1) Balance Sheet Method – uses past collection experiences to estimate unconvertible amounts.ML could estimate the amount required for Allowance for Doubtful Accounts as a percentage of the balance in Accounts Receivable. Using an aged receivables analysis, ML could forecast a percentage of estimated unconvertible Accounts Receivables accounts over 90 days old. The journal entry would look similar to the following: Dry. Bad Debts Expense Cry. Allowance for Doubtful Accounts xx 2) Income Statement Method – estimates cost of bad debts as a percentage of Sal es. Mil's journal entry using this method would look the same as the Balance Sheet Method journal entry. If ML determines Super Shoppers account specifically to be unconvertible, they may use the Allowance Method for writing off accounts.The following journal entry would be made: Dry. Allowance for Doubtful Cry. Accounts Receivable -? Super Shopper Should the payment be received after the write – off, the account can be reinstated using the following journal entries: 1) Dry. Accounts Receivable 2) Dry. Cash Cry. Accounts Receivable If the amount is immaterial, ML may also use the Direct Write – Off Method, where no allowance account is used. The journal entry would be as follows: or. Bad Debt Expense Due to the age of Accounts Receivable -? Super Shopper (90 days old) and the financial difficulties that Super Shopper is currently facing, it is unlikely that the account will be paid off and should there for be written off.ML should follow the Allowance Method of writing off journal entries stated above to record the write – off of the Accounts Receivable. This method would be preferred as it allows for the account to be restated should Super Shopper pay off their debt. The Direct Write -? Off Method would not suffice for this account as the amount of $200,000 is not considered immaterial. This Bad Debt Expense needs to be considered as it will impact Mil's assets, and an increase in bad debts is a decrease in the value of the firm (shareholders equity) of the firm for John. This might not be as substantial to consider should ML have already had a bad debt reserve, meaning that the net income would not have been so greatly affected.Issue: How to account for the Tech Outerwear Lawsuit Recognize lawsuit as a provision Recognize lawsuit as a contingent liability Under FIRS, ML should recognize the lawsuit as a provision if: 1) The company has a present legal obligation as a result of a past event 2) It is rabble – â€Å"more likely than not† – that an outflow of resources will be required to settle the obligation 3) A reliable estimate can be made of the amount of the obligation If the lawsuit meets these conditions, it should be recognized in the financial statements Under FIRS, ML should recognize the lawsuit as a contingent liability if either: 1) There is a possible legal obligation as a result of a past event, which will be confirmed on the occurrence of an uncertain future event, not within the reporting individual's control; or 2) There is a legal obligation from past events, which is not recognized as it is to probable that an outflow of resources will be required to settle the obligation or a reliable estimate cannot be made of the amount of the obligation If the lawsuit meets these conditions, it should be disclosed in the notes of the financial statements. The notes should include the following: 1) Estimate of its financial effect 2) Uncertainties related to the amount and timing of any out flow of resources 3) Possibility of any an outflow of resources The lawsuit by Tech Outerwear for patent infringement has not been properly assessed by Mil's lawyers yet, and therefore they have not determined the likelihood of losing the suit. This information allows us to determine that at this time the lawsuit should be recognized as a contingent liability in accordance with FIRS, as we are unable to meet the conditions to recognize it as a provision on the financial statements.This lawsuit meets the criteria that there is a possible legal obligation that cannot be confirmed until Mil's lawyers assess the lawsuit, and the probability of the outflow of resources and a reliable estimate of the obligation cannot be made. The numbers ($200,000 to $700,000) on past lawsuit settlements are not reliable information. The required disclosed notes stated above should be included in he financial statements. Determining the probability of the lawsuit and the estimated loss should be complete d as soon as possible, as a loss could result in a going concern policy. This information will be very important to John as the company has already experienced a loss of $500,000 during the year. This note has no effect on equity; only when the lawsuit is official will it have an effect on equity.Issue: Retractable Preferred Shares ML also has $50,000 of retractable preferred shares included in their capital stock. These shares a retractable if there is a change in the ownership of cuisines. This will be of concern to John, as the $500,000 loss incurred during the year does not leave the company with the funds available to pay the shareholders should they decide to sell their shares; John must consider day to – day cash requirements for the company's expenditures that are not included in current liabilities. While it was not stated, which might have been done on purpose by ML, it is unclear if dividends were declared during the year for the preferred shares, which may affect John's decision greatly.Cash dividends should not have been declared unless the current and future uncial position justify it; the current loss of $500,000 does not suggest that they should have declared any. Cash dividends would have reduced shareholder's equity. If stock dividends were distributed, then there would have been no effect on the balance of shareholder's equity. On the other hand, non -? payment of dividends can also affect the company as the preferred shareholders may choose to sell their shares if they stop receiving dividends; receiving dividends is usually what attracts investors to preferred stock. John should examine the debt/equity ratio to determine if these referred shares were issued because the ratio became too high and they wanted the company to look more desirable to investors and buyers.Issue: Accounting for Employee Stock Options Recognizing stock options While Compensatory Stock Option plans (COOP) do not involve a transfer of cash when first issued, th ey still must be recognizes in the financial statements and measured at fair value Coops are usually given instead of salary or a bonus, and the economic value lies in the prospective future gains when the options are exercised The Compensation Expense will be recognized as the services are being provided by the employees. Therefore, Total compensation expense is calculated on the day the options are granted and is equal to the fair value of the options. The first journal entry for Mil's stock options should look like the following: 1 2/31 /14: 1) Dry. Compensation Expense XX,XX Cry. Contributed Surplus – Stock Options XX,XX If/when the options are exercised, ML should record the entry as such: XX/XX/1 5: 2) or. Cash XX,XX Dry. Contributed Surplus – Stock Options CALYX Cry.Common Shares XX,XX If the options expire by the end of the three years, then the journal entries for the remaining balance should be the following: 3) Dry. Contributed Surplus – Stock Options Contributed Surplus – Expired Stock Options XX,XX cry. XX,XX Mil's disclosures on the stock options should include the following: 1) Accounting policy 2) Description of plan 3) Details on numbers and values Of options issued, exercised, and expired 4) Assumptions and methods used to determine fair values 5) Total Compensation Expense and Contributed Surplus The recognition of these stock options is required under both ASPS and FIRS, and ML has no option but to record them as such.The first journal entry that records the total Compensation Expense and Contributed Surplus must be made in order for ML to have accurate financial statements. The following journal entries are to be used in the future when options are exercised or expired. As no further information on dates and values were provided, the reporting individual is not able to provide completely finished journal entries. The Compensation Expense will lower the net income, which will subsequently lower shareholder's equi ty. As well, if there is a large amount of option redemption's, this will cause the share price to quickly drop. Investors who sell their shares during this time will incur capital losses, and these losses may be carried forward to reduce tax liabilities.

Performance Analysis and Improvement in Sports Development and Assignment - 1

Performance Analysis and Improvement in Sports Development and Coaching - Assignment Example That is where the relatively new performance analysis discipline comes in. Well known over the last decade and made possible by digital photography and advances in IT, (PA) performance analysis is now recognized as an assistance to performance improvement at every level (Jones, Hughes and Kingston, 2009). Essentially, performance analysis is about forming a reliable and a valid performance record by systematic observations’ means that can be examined with regard to facilitating modification. Alike methods are used by the two disciplines in data collection and both depend on IT for data examination. However, the most salient thing they commonly have is measured observation use after or during an event to enumerate performance in a valid, reliable and accurate way (Hylton and Bramham, 2007). Trainers may desire to question Performance Analysis’ need as an isolated activity, given that analysis and observation clearly create a crucial component of the process of coaching as outlined in example 1 below. The actuality is though that even as trainers are likely to be experts at analyzing and observing performance, the study has pointed to harsh human limitations contained by these processes. Two significant studies have drawn attention to problems on memory retention, with trainers able to remember only 30-50 percent of principal performance issues they had observed, even with exceptional observational training (Hughes and Franks, 2004). The process of coaching itself is not flawed necessarily, but it is apparent that the analysis phases and observation of this procedure have severe restrictions. Although several skilled trainers are capable of anticipating events and make suitable changes for performance influences, even the finest are prone to human mistake, leading to incorrect decisions; hence the requirement for an organized PA approach within the practice of coaching, use of valid and dependable performance data to evaluate and monitor performers.  

Marvels and Mirages of Orientalism Assignment Example | Topics and Well Written Essays - 500 words

Marvels and Mirages of Orientalism - Assignment Example The exhibition layout and painting was very old fashioned. However, the exoticism of the paintings and photograph combined with the reality of Arabs souvenirs is of royalty. The Moroccan architecture of the buildings looks more of a palace. The dressing code as well as fashion of the people makes the setting very posh. The classy setting of the museum photos may make one think of a city yet they are just paintings in a museum. Upon setting the eyes on the painting, one could feel the wealth. Everyone will associate the high ceiling of the buildings with a palace. Women have determined forms of human culture and influences course of events that happen in a culture. Men ignorance on women greatly compounded by the oversight of information on society that give female power has challenged the advancement and independence of women. This image implies sexism hence it communicates to the people now on the importance of according women same treatment as men. Just like men have been in the position of war, so do the implication in this image. The sword signifies the power accorded to this woman in the image. The dressing code is a replica of a prince and not a princess, an implication that power accord should be to women just as men. Painting in glinting red and gold tones depicts exotic settings. The beauty of this woman in the image appears as avenging beauty by proudly bearing her sword. Such a face looks like one who is under a mission to save or revenge about her besieged kingdom or city. This is a picture of the Arabs soldiers in a watch out to protect their kingdom from entry of an enemy. The military power remains in vigilance to support the unpopular war. They create a wedge between the European scramble and colonization of the East hence it shun off orientalism. The existence of the soldiers at the offstage describes despotism of the Pasha’s government. This shows

Project Essay Example | Topics and Well Written Essays - 2000 words - 1

Project - Essay Example But in Balanced Scorecard the performance of an organization is looked into from a broader angle which spans over perspectives like: Financial, Customer, Internal business process, Learning and growth. This is done to integrate the various complexities in the operating environment of a modern-day firm and so that the along with the financial model other factors which have crucial effects on the firm are taken into account. This tool evaluates performance of an organization and provides a framework for guidance. This system is used by organizations, private, governmental and non-profit to examine their performance in relation to their strategic objectives. Using the balanced Scorecard system, it is possible to measure and evaluate the process which is responsible for present and future value creation. This also acts as a guiding framework for managerial decision making in context of areas to be focused upon and resources to be put into in order to create value. Analysis through this system brings forth the ‘value drivers’ in an organization (Balance Scorecard basics, 2009; Kaplan R.S. and Norton D.P., 1996). The main angles or points of discussion for the organization under the ‘customer perspective’ are identification of their target customers and also their won value proposition which would attract the customers. Identification of the value proposition is crucial because otherwise the organization would surely loose focus. Value propositions might emanate from: Operational excellence- These kinds of organizations get their value proposition from excellence and primary focus only on their operations and generally offer no-frill products or services. Example: EasyJet the European low-cost airline. Leadership through product- These firms depend on constant innovation and research to deliver better products to their customers. They become product leaders and lead the way in the market by always striving to and delivering

Monetary and fiscal policy Essay Example | Topics and Well Written Essays - 1250 words

Monetary and fiscal policy - Essay Example Increase in Government Spending-This policy helps in providing a lot of relief to the whole of the economy as this aspect helps in lowering the prices of the products or services resulting in stimulating the economy by a greater degree. It also ensures all round availability of goods to the consumers (Labonte & Nagel, 2007). 1. b.   What Monetary Policy Tools Can the Federal Reserve Use to Stimulate the Economy and Increase Economic growth. Please Identify At Least Two Specific Tools If the real GDP Gross Domestic Product is lower than the potential GDP, then there lay certain monetary policy tools that the Federal Reserve can use to stimulate the economy as well as to raise economic growth. These tools are discussed hereunder. Operations in the Open-Market-The Federal Reserve can effectively utilize this tool as it will improve the overall banking system in the United States (US). It will also help the Federal Reserve to maintain high level of reserves that will ultimately deliver significant benefits to the economy of the nation at large. Setting of Discount Rates-This particular monetary policy tool can help in facilitating effective stimulation of the economy along with raising financial growth by a certain degree. In this regard, discount rates are basically the interest rates that are charged while acquiring short-term loans from different financial institutions (Labonte & Nagel, 2007). 2. ... ariffs-This aspect can prove to be quiet effective as it tends to deliver effective as well as full flow of different economic activities in the nation. It also helps in conducting free trade and activities related to investment that directly benefits a nation’s profitability by a greater degree. Liberalization of imports-If the Fed desires to lessen inflation in terms of money supply, then the main focus is needed to be laid in the aspect of liberation of imports. This can be justified with reference to the fact that lowered rate of imports will tend to increase the level of conducting various economic activities but it would cut down the effects of inflation in a simultaneous manner. Reduction in Exports-If the level of exports is reduced, then inflation can be controlled by a certain degree. This is owing to the reason that this particular aspect will help in cutting down numerous costs that are associated with the exporting of finished products as well as raw materials to other nations. Formation of new and improved economic policies-The Fed can also adopt as well as implement this particular measure in curbing the unfavorable impacts of inflation and also helping an economy in mitigating the problems associated with high rate of economic fluctuations. In this similar concern, the new as well as the improved economic policies might include controlling wage rates and formulating effective tax reforms among others (Labonte & Nagel, 2007). 3. Both Monetary Policy And Fiscal Policy Encounter The Problems Of Lags. Discuss the Kinds of Lags They Encounter and the Degree of Difficulties They Present To Policymakers It is worth mentioning that monetary and fiscal policies help in developing an economy of a particular nation by a significant level. But, on the other hand,

World War II Essay Example | Topics and Well Written Essays - 500 words - 2

World War II - Essay Example The main story is a fiction but it revolves around the attack on Pearl Harbor and some of the incidents shown in the movie relate to what we have learned in the course. The aspect in the movie that impressed me the most in the movie is that how the attack was a big surprise to the Americans and how it lead to America’s official entry into the World War II. Also the re-creation of the war scenes was very impressive as some of the scenes were exactly as photographed on the unfortunate day on December 7, 1941. We have learnt in our courses that at the time of the attack, Japan was still in peace talks with America. And the attack was a complete surprise. This is very well depicted in the movie. The president, Franklin D. Roosevelt, emphasizes on the Nazi Germany as the main enemy and how America needs to support Winston Churchill (Britain) and Stalin (Russia) by sending men and weapons. Japan is not treated as a threat at all and Europe is seen as the main danger. Also it is depi cted in the movie how the American strategists believe that Pearl Harbor can not be attacked due to its geographical isolation. One scene that stands out with this context is when a soldier states that he did not even know that Japan was sore against the US.