Notes On Market Accounting ( Mtm )

The article, “Creating the System: Railroads and the Modern Corporation”, informs us all about the development of the transcontinental railroad and how it helped drive the nation west and also transformed western North America into a economy that had many opportunities. The railroads have always interested me when it comes to this period of time. What I learned from the reading that I didn’t know before was that the Western railroads were primary carriers of grain, other agricultural produce, livestock, coal, lumber and minerals. Also seeing the prices that the farmers shipped their products for, and what they paid for the freights rates was very interesting. Overall, if the railroads wouldn’t have been built in a time when there was so little

Have you ever imagined a world without oil because almost everything around you is made with it like plastic, food, gas etc. For example plastic is absolutely everywhere about 4-5% of the total us petroleum consumption is dedicated to the manufacture of plastic products. If we do not build the keystone pipeline how will we get our oil? Even though rails are slightly faster at transporting oil does not mean they are safer. Transporting oil by rails is more likely to explode or spill and if we continue to do so we will be wasting a ton of oil that could be used for our community. This brings me to my last

The focus of EEC’s investment of the purchasing of the supplier is to cut down on

cognizant of the fact that the choices he makes can affect the price a buyer pays

Agenda – Submit term projects to TURNITIN ASAP – Assignment #2 due April 1st 1159pm • List the coauthor’s name in the subject line. • Teaching Evaluation • Transfer pricing (cont.) – Stanco Inc. • Review chapters 11 and 12 & the practice final – Practice Q1 and Q2 • Review chapters 8 and 9 and the practice final – Practice Q3 and Q4 ACTG 2020

Railroads became extremely popular in America in the 1800’s. The railroad industry itself began to boom; it was supported by its reputation for speed and efficiency. But, along with the booming industry of railroads came the strong debate that

a service department’s costs have been allocated, costs are not reallocated back to it under

According to a study conducted by Dr. Dagmar Etkin of Environmental Research Consulting, pipelines are not the safest mode of petroleum transportation. In accordance with this information, transportation by train is more effective and safer than using pipelines. The mode of transportation with the highest ratio of oil spillage in waterways is by vehicles such as fuel trucks. Between the years 1980 and 2003, land vehicles were in the lead with 44% oil spillage per transport, while pipelines had 32%. The remaining 24% of oil spills were awarded to train transports. These special train cars are the safest mean of transportation out of the three. Even though the percentages seem to be very close in the spectrum, the total volume of spilled oil from pipelines exceeds road vehicles by over 100,000,000 gallons of oil (Wile). However, a more recent source, the official Dakota Access Pipeline webpage states, “…pipelines are the safest, most efficient method of transporting oil, according to the U.S. Department of Transportation” (“Dakota Access

A proposed oil pipeline project will have the capacity to transport thounsands of barrels of crude oil to refineries in Oklahoma, Illinois, and the Gulf Coast of Texas. The Keystone XL is a 1,711-mile pipeline delivering Canadian crude oil to United States oil markets. This project is a response to the market demand for heavy crude oil in the Unites States. The pipeline will also be used to transport crude oil to the Cushing tank farm in the Midwest region. Many refineries in the Gulf Coast region provide millions of barrels per day, This region accounts for almost half of U.S. refining capacity. The refineries produce large amounts of refined petroleum product, like gasoline and jet fuel. The negative impacts of

The purpose and goal behind researching the income statements and balance sheets then calculating the ratios is mainly to help creditors and investors make their decisions easier and faster. The way we are presenting our research results helps the investors and creditors make the decision which of the companies is more worthy to invest in or loan money too without taking a risk, and lowering the chances that they will be disappointed by the results of their investment, or in the creditors case they can be almost certain the company they are loaning the money to would be worthy enough of paying the money back without a hassle.

Railroads can be used human passenger traffic, or the transportation of freight and shipments from one destination to another due to the fact that “trains are four times more fuel efficient than trucks” (Association of American Railroads [AAR], 2015), and the fact that railroads also “reduce highway gridlock, lower greenhouse gas emissions, reduce pollution” (AAR, 2015). In fact railroad transportation according to United States Department of Transportation’s Federal Railroad Administration, “rail network accounts for approximately 40 percent of U.S. freight moves by ton-miles (the length freight travels)” (Federal Railroad Administration, 2010). With the reliance on railroads to transport freight and shipments from one place to another also

The railroad industry and railroad technology in the United States has changed over the years.

Baruch Lev and Feng Gu authors of “The End of Accounting and The Path Forward for Investors and Managers” indicate that over the past 110 years, the structure and content of financial reports has not changed, and that the role that these reports play in influencing the decisions of investors has greatly diminished. Lev and Gu make a case that non-transaction events that are not captured by the financial reports such as those disclosed through 8-k filings with the Securities and Exchange Commission (“SEC”) have a greater impact on stock prices, and thus more useful to investors. In addition, they suggest that one of reasons for the decline in usefulness of financial reports stems from the increase of estimates that has made its way into these reports (Lev and Gu 2016).

QuickBooks and Sage 50 Accounting are both great options for small business accounting. These programs help manage business finances which can drastically save time that may have been spent creating Excel spreadsheets and more. However, while both programs are sufficient for small businesses, the programs differ based on what they can offer your company.

Wisner 2011, states that pipeline carriers can only carry certain products, such as water, oil, natural gas and gasoline, there is little maintenance cost so in long term pipeline transportation is quite inexpensive.