Candela Corporation Case Essay Example for Free

Candela Corporation Case Essay In 2002, Candela Corporation statement of cash flows shows a net loss of income at $2,154,000. The reason for the loss is from accrual methods as non-cash expenses are added back. This method shows the company the true cash flows of the business. Some of the items that were added back in that had a significant affect is from loss of the discontinued operations and the interest firm the stock warrants. The categories that had significant subtractions were the foreign currency exchange rate difference and the respect of the deferred taxes. The results are the working capital that had resulted in a gross outflow of cash flow, which caused the cash outflow to show from the operating activities. There is a purchase of fixed assets in the investment activities, which caused an outflow of cash. In the financing activities, it looks as if the total outflows were trying to stay in control with acquiring a modest debt and share issue. However, because of the previous commitments that the business had, they were required to buy back stock and to continue to pay on the existing debt. However, when this happened it caused another outflow of cash, and the results are a negative balance with the operating, investing, and financing activities. With the company they had a previous cash balance and had the ability to survive with a severe damaging effect to the cash balance. The net profit in 2003 was 6,814,000 as shown on the statement. Adjustments were made in the non-cash items. A very important adjustment was in the loss from notional interest on stock warrants, discontinued operations, notional interest on stock warrants, and the foreign exchange rate difference accrued. This tax benefit of stock option and the respect of deferred taxes were two important subtractions. The analysis of the working capital is there was cash flow from the notes, deferred income, the sale of inventories, sale of other assets, and more control on payroll cost and tax refund. These cash outflows came from warranty cost, receivables, payment of payables, and restricted cash. This created a positive cash flow from the operating activities. The investing activities showed that there was one purchase in fixed assets category, which caused an outflow in the terms of investing. The financing activities show an increase for the shares sold, following a good amount of a payment in the long-term debt and the lines of credit. Therefore, with in inflow of the share issue becoming larger, this produced n inflow of cash. Not including the investing activities, the other two activities created a positive cash flow, therefore increasing the company’s cash reserves. A net profit was shown on the statement in 2004 of $8,119,000. This adjusted non-cash items accurately were important add-ons were a new provision for loss on discontinued operations, the loss from discontinued operations, the foreign exchange rate difference, and deferred taxes. The subtraction that was considerable was in the respect of benefit on stock options. This is an indication that the business is showing advancement. The analysis of the working capital is for this year cash flows were from the notes, deferred income, warranty costs, a control on payroll cost, and taking some services on credit. The cash outflows were from the receivables (higher credit sales), restricted cash, purchase of inventory, and other current assets. Meanwhile the non-cash adjustment created a positive figure along with positive cash inflows from the working capital adjustments, created a positive cash flow from operations activities. The purchase of fixed asset of $685,000, lower from the former year, shows that the business purchased most of its fixed assets last year and this year the business needed less. Their financing activities only showed activity for the shares issued and it showed a positive inflow of cash. Besides the investing activities, the other two activities were showing positive, giving the company a positive net flow of cash and an increase in the business’s cash reserves. The information that was not found on the income statement or the balance sheet is as listed: 1. The cash that was received from sales. 2. Any payments that were made to suppliers and/or employees. 3. The cash receipts or payments on behalf of royalty fees, etc. 4. Any interest and taxes have been paid. 5. The cash receipts for issue of shares. 6. The money receipt or payment for acquisition or disposal of fixed assets. 7. Any cash payments for debentures 8. The dividends paid or received. 9. Segregation of any non-cash items. 10. The ability to forecast future cash flows 11. Highlighting any of the business area that is need of management attention in the terms of cash flow.

Muscles Now...Problems Later? :: essays research papers

Muscles Now†¦Problems Later?   Ã‚  Ã‚  Ã‚  Ã‚  Your lifelong dream of becoming Hulk Hogan is coming along slower than planned. You decide to speed the process up by doping on some creatine. But will you just be cutting yourself short in the long run?   Ã‚  Ã‚  Ã‚  Ã‚  Creatine is an amino acid produced naturally in the liver. Many athletes use this naturally occurring metabolite, found in red muscle tissue, as a way to store energy between bursts of activity. Creatine is normally obtained from foods we eat, the best sources being meat and fish, but if you don’t do the meant thing you could always hit up your local drug store or fitness gym. Beef is the most creatine-dense food in the world, and the Babe ate a lot of steaks. He was doing a little creatine doping himself and nobody even knew it.   Ã‚  Ã‚  Ã‚  Ã‚  Athletes face enormous pressure to excel in their competition. They also know that winning cannot only earn them a gold medal, but money and fame along with it. Athletes know that training is their best bet to victory, but they also get the message that some drugs can boost their efforts and give them a short cut.   Ã‚  Ã‚  Ã‚  Ã‚  While most athletes use performance enhancing drugs to build their body mass, increase the delivery of oxygen to exercising tissues or to reduce weigh, others misuse the drugs to relax, cope with stress or to boost their own confidence. Performance enhancing drugs increase muscle strength by encouraging new muscle growth and they allow the athlete to train harder and longer at any given period, so they can pump up their bodies and their game. Some drugs, such as creatine, also permit damaged muscle tissue to work harder during therapy and rebuild itself to a normal state.   Ã‚  Ã‚  Ã‚  Ã‚  An athletic boost in short term may lead to health problems in the long run for athletes who use performance- enhancing drugs in the long run, warns a youth sports medicine specialist from the University of Michigan Health System. The same substances that athletes take to have more muscles, power and endurance may cause them to grow into shorter adults. It may even also cause them to take on some secondary physical characteristics of the opposite sex   Ã‚  Ã‚  Ã‚  Ã‚  More and younger athletes than ever before are imitating their professional sports heroes by using outlawed drugs and unproven supplements to pump up their bodies. Those physical features are most common among teenagers who use performance- enhancing drugs.

Law 421 Week 2

Role and Functions of Law Paper Amber Freetage Law/421 November 19, 2012 Eric Nord No matter where we are in our country, we are surrounded by many of them, and guarded by few. Some are short; some are long but no matter what they control every potential move we make day in and day out. We are talking about laws. By definition laws are, â€Å"a rule or set of rules, enforceable by the courts, regulating the government of a state, the relationship between the organs of government and the subjects of the state, and the relationship or conduct of subjects towards each other,† (Law.N. d. ). Over the years, our laws have changed and been added to in order to protect not only us as individuals but our businesses as well. Even though there have been limits placed by the U. S. Supreme Court, our Congress still exercises very broad powers to pass laws where the activity being regulated affects interstate commerce in any way (Chapter Two. P. 32). they have the authority to maintain chan nels of interstate commerce, the instrumentalities of interstate commerce, and the articles moving in interstate commerce.For our business’ this means that the Congress gets to have control or at least the final say with any involvement with vehicles used in shipping, our railways, and our beloved highways. Meaning any business transactions that are from state to state or across country the Congress can step in and change things to accommodate the law. For our business’ that rely on tourists, which many of our ocean front city’s do, it means that the cost for being open, staying open, and selling prices of items may be affected.This is true because Congress has the power to tax the citizenry and to spend the federal government’s money in any way that they see fit, as long as it generates common defense and general welfare. Another use of commerce power is within the Civil Rights Legislation. This commerce power is one that has affected our businesses, sch ools, and everyday lives because it gave Congress the power to ban any form of discrimination in places of public use (hotels, restaurants, stores).Placing this ban against discrimination allowed everyone the chance to shop, stay, work, and eat wherever they chose because those businesses made purchases or held business activity out of state. â€Å"States often wish to regulate commerce that crosses into their state borders. States are free to regulate commerce so long as (1) it does not impose a discriminatory law (such as a tax) on out-of-state businesses, and (2) the state law is a legitimate effort to regulate health, safety, and welfare,† (Chapter Two. P. 35)While we cannot go into deep detail of every law that regulates and mandates us to maintain a strict lifestyle or to keep a legit business’s doors open it is very important that laws are taken seriously so that lawsuits are prevented and as individuals, we are not put behind bars. While laws can be hard to und erstand, the ones that pertain to us as people are known or learned from experience or from our teachings. As a business owner take the time to know what guidelines we must follow in order to keep our job.In a previous employment position, knowing the laws came to be very informative. Federal laws are set to every state and no one can change them, except for the President, or Congress if all in agreement or high votes, but get to know the state laws where you reside. In a previous occupation, learning the laws became much easier when pointed in the right direction. As a full time employee, working no less than eight hours a day it became very apparent that I should be entitled to a break of some sort, but was not given one.After a few other employees started to mention this as well, we began to look into what we were supposed to be given as a break. To our surprise in an eight-hour day we should be given no less than a thirty minute break for lunch and two ten minute breaks to use t hroughout the day, according to the State work laws. However, when we looked through our employee handbook, breaks are not mentioned at all. When we asked management about the issue we were told, â€Å"Your breaks are in between customers. A little extreme but okay so we kept asking and we found out that since North Carolina is a right to work state there is nothing we can do but work as we are scheduled without breaks or be in fear of losing our job all together. So, you see laws are very important to learn and keep up with because you can be getting taken advantage of without even knowing what you are entitled. References Chapter Two: Business and the Constitution (p. 32-35). (n. d. ). Retrieved November 19, 2012 Law. (n. d. ). Collins English Dictionary – Complete & Unabridged 10th Edition. Retrieved November 19, 2012, from Dictionary. com

Effects Of Drugs On The Body - 1055 Words

Drugs are something we have had for a long time. It’s something that can heal or kill. A lot of drugs are abused by some of their users in the U.S. and some of them are actually young kids or teens. Besides that, there are a lot of things that are worst than teens abusing drugs. Don’t get me wrong, it is bad just not as bad as the Drug War impact. Drugs affect the body just as much as it does anything else. One drug that affects the body greatly is meth. This is just one of the drugs that can kill you. All drugs can be addictive but some are more addictive than others and cause you to keep using them. These drugs are not meant to be abused they are for medical use only. They can harm you though, and very badly harm others too! These drugs cause you to see things, hear things, and they just mess with your mental and physical state in general. Meth is a horrible drug that is highly addictive and can be injected, smoked, or inhaled. Not only is it very strong and addictive, it has a high that can last over 30 times longer than a high from cocaine. This makes you impaired to the things you see, hear, or even think. Even though it is highly addictive, it is not the most addictive drug in the United States. Heroin is the most addictive drug in not only the United States, but the whole wide world! It is injected, smoked, or eaten/drank. It is mostly smuggled into the states, but some people make it homemade. It makes you crazy and causes you to tremble. It alsoShow MoreRelatedThe Effects Of Drugs On The Human Body1208 Words   |  5 Pagesmany years drugs have been around, but most people are not aware of the consequences that it has on the human body. At a young age, we’re told that drugs are bad, but we still don’t exactly know the side effects that come upon from the constant use. In the video, Life on Drugs, show the significant impact that drugs have on people who rely on them everyday. The participants, all drug users, willingly decided to be part of the experiment of drugs. During all of the experiments, the same drug users wereRead MoreThe Effects Of Drugs On The Human Body1158 Words   |  5 Pagesone main problem that has terrorize its streets ever since it became a nation. The abuse of substances has become more and more common on this society, that now thinking about legalizing one of its illicit drugs is a main political topic. Even though the United States has become a war on drugs country, many people in its society are still being affected. Out of all the substances that are being abuse in this country, there are three that outstand the rest. The three substances that are being abuseRead MoreDrug Delivery And Its Effect On The Body1245 Words   |  5 PagesDrug delivery is the method of transporting a pharmaceutical compound to safely achieve its desired therapeutic effect in the body by using approaches, formulations, technologies, and systems. Today these technologies are nanobiomaterials and the use of nanobiomaterials are unprecedentedly increasing in drug delivery thanks to their significant advances in the diagnosis and treatment of disease. The major goals of using nanomaterials are to reduce toxicity, increase biocompati bility, safety, andRead MorePrescription Drugs And Its Effects On The Body1500 Words   |  6 PagesA drug is a substance that has a physiological effect on the body when it interacts with the body. Prescription drugs are drugs that can only be dispensed legally when a valid form of presentation from the proper authorities, such as doctors and physicians, is given. In today’s society the non-medical use of prescription drugs is a commonly recognized public health issue. Young impressionable adults are particularly vulnerable to misunderstanding how these drugs are to be used. (Pickover, MessinaRead MoreThe Effects of Prescription Drugs on the Body1015 Words   |  4 PagesFor some people, drugs are a part of everyday life. Drugs are what allow them to be able to walk around in the mornings with no ache, or comfort the pain of a recent surgery, or help and individual cope with anxiety or stress; however, the same drugs that are used to bring enjoyment into one persons life c an bring destruction into another. This has become a major problem in the U.S. and all over the world as well. In a recent survey, thirty different clinics, spread out over five urban areas, reportedRead MoreEffects Of Drugs On The Human Body1817 Words   |  8 Pagesat the most (Nova Science, 2012, p. 281). This forces the user to keep consuming cocaine in order to maintain the â€Å"High† period for a longer time. Some of the side effects of cocaine in the human body can be as simple as just headaches, increase of heart rate, nausea, and decrease of appetite; but, for heavy users the side effects can be more dangerous such as the loss of sense of smell, reduce blood flow, anxiety, severe paranoia, seizures, heart attacks, and strokes (Nova Science, 2012, p. 282)Read MoreThe Effects Of Drugs And Opiates On The Body1971 Words   |  8 Pageshighlight the roll of the brain in the body and it’s different parts that come together to form the most complex organ in the body and what drug use and abuse can do both in the short term and long term. The focus of this paper will be on two specific substances; cocaine and opiates. It will examine what each substance and does to the brain and what, if any, long term affects it has on the brain. As mentioned before the human brain is the most complex organ in the body that is made up of many parts. TheRead MoreThe Effects Of Drug Addiction On The Body Essay1987 Words   |  8 Pages Humans have been recorded using drugs for over 9000 years. During this time, drugs have been used as home remedies for maladies and religious ceremonies, in addition to recreational drug use (Guerra-Doce, 2014). When opioids, hallucinogens, stimulants, inhalants, cannabinoids, depressants, or anabolic steroids appear in recorded history, abuse of these drugs also appear. Writings on ancient Egyptian scrolls show rehabilitation records. Sumerians have writings about opium, using a word that translatesRead MoreThe Effects Of Drug Abuse On The Body1067 Words   |  5 PagesThe debate on drug has arisen since the 1860’s when pharmacist made an effort to regulate drugs. Drugs have always been consumed, but in an effort to stop them from spreading they’ve now been prohibited. Drugs ca n affect the body in such a way which an individual can hallucinate things, and could permanently damage an individual’s mind. Consequence of drug abuse can be cardiovascular disease, stroke, cancer, HIV/AIDS, hepatitis, and lung disease. Some people become addicted to drugs to the pointRead MoreHarmful Effects of Drugs on the Human Body1124 Words   |  5 Pageswith their bodies. There is numerous of harmful things that human have done to their bodies without any further thoughts of the impacts, for example like drugs use. From my own perspective, I believe that there must be a limitation on the use of strong drugs such as cocaine, heroin, and methamphetamine which have high tendency of addiction. Besides, these kinds of drugs will lead to a drastic changes not only mentally but also physically. Behaviors are one of the obvious changes on the drugs user which