Inter to accounting Research Paper Example | Topics and Well Written Essays - 1000 words

Inter to accounting - Research Paper Example Mutiny Gold Limited is one of the key major players in gold, copper and nickel mining and exploration activities and has great control in this sector. It is a public company which is listed in ASX, and has two main competitors; Kingsgate Consolidated Limited and Eldorado Gold Corporation who will also be analyzed in this report. This report consider the released quarterly activities and cash flow results in the year 2011 and the impact the half year profit result had on the stock prices. In the cash flow report, Mutiny Gold Limited had its net cash flow improve significantly. This made the share prices of Mutiny Gold Limited gain slightly as portrayed by the positive residual over time. Profit announcement Mutiny gold limited as a limited company must always adhere to the capital market regulation. Therefore, it is obligated to provide financial results and report to the shareholders and members of the public. In conformance to this requirement the company on 29th July, 2011 released a report having information about the quarterly activities and a cash flow report. The announcement made through the Australia Security Exchange press made information available to both investors and members of the public. ... h at the end of the quarter 1588 On this report, the progress of mutiny gold limited of major and almost all projects that the company was undertaking thus offering the investor a mere forecasting of Mutiny Gold Limited profit. In addition, the company showcased improved cash flow management implying that the company will be able to ruin its operation smoothly without cash flow problems. To achieve the objective of this report, we will analyze the company stock prices while considering all market indices for the period starting 8th July 2011 to 20th August, 2011, to establish whether there were positive residual which would delineate the impact of the announce on the price of shares. In addition to this, the tow major competitions, Kingsgate Consolidated Limited and Eldorado Gold Corporation share prices will also be analyzed so establish the industrial effect the announcement brought forth. Residual returns of MYG Source: (Austailia security Exchange, 2011) Trend analysis of share c losing prices of Mutiny Gold Limited, The share prices immediately after the announcement increased by 0.005 but later dropped. This price increase can be associated with the announcement made the company on its activities and cash flow report. Source; (Austailia security Exchange, 2011). Now let us analyzes the residual returns of the company, As showcased in the above graph the residual returns of the company improved from, -5.86 to -2.47, this can be attributed to the announcement made by the company. The residuals returns did not improve, since the company announcement did not change the potential investor’s perspective (Austailia security Exchange, 2011). The company action of realizing the quarterly report of its activities and cash flow statement did not win the confidence of the

Corporate Responsibility for Childhood Obesity Essay

Corporate Responsibility for Childhood Obesity - Essay Example The central argument in Linn’s case is that the food manufacturing companies are the ones responsible for the high number of obese kids in society. However, David has a different argument stating that it is the accountability of the guardian and the kid to ensure that the child does not get obese. These central arguments are different and reviewing their supporting arguments offers more insight on the issue. The key difference between these two authors is on who ought to take responsibility for the obesity problem facing kids in the contemporary world. According to Susan Linn, the responsibility for this goes to the companies that manufacture these foodstuffs. She supports this by further stating that the advent in technology has made companies powerful enough to sidestep the authority of the parent when a kid wants to purchase a particular commodity. They have done this by producing commodities that are cheap enough for a kid to purchase with their allowance without necessarily asking their parents for the money. According to David, the responsibility for this falls on the companies and parents. David offers an example of his life where he received enough money to go to fast food restaurants and take his daily meals. He states that this has not changed with the contemporary families and is thus the parent’s responsibility. He further states that the kids ought to practice self-control not to go into these restaurants and eat fast foods. David comments on the issue of children that have flocked courts claiming to sew these fast food restaurants for their obese conditions (ZincZenko). He states that this is a wrong thing to do and that instead of suing these companies, the kids ought to take great care of their health. The fast food companies are also at fault because they do not indicate the ingredient content on their commodities and this leads to misinformed decisions among