The Essay Sample Reflected On A Time When You Challenged Yourself

The Essay Sample Reflected On A Time When You Challenged YourselfSometimes people are inclined to think that the essays samples reflect on a time when you challenged yourself, as it were. Yes, there certainly were times in history when you had to challenge yourself in some way. It was certainly not in any form of writing; you had to do something different with the rules than the average student of that era. Here are some examples where you may have made a move.Do you know why every other student at your school decided to take up the matter of the future and start to study? Most of them started out at a school or college where they got onto with the work of a great teacher who was committed to his work. You too can begin with an excellent teacher who is committed to his teaching and his work and then take steps towards excellence. How wonderful would it be to do this?Maybe you have seen your mother or father, working under the guidance of their parents. But then, do you really think t hat is enough? This kind of dedication was probably enough for your parents to start off with, but not enough for you. You have to continue to do your work to keep yourself moving.Maybe it was at the time when you joined your first job that you felt that something big was going to happen. The rest of your colleagues looked at you with awe. They started to acknowledge you. This means that you took the right step forward to becoming one of them. It also shows that you worked hard for it.Sometimes, in addition to this, you did not even enjoy the whole class or your class. Perhaps you did not even like the person and the things you were taught or being taught by the teacher. These may sound like an unusual manner, but there are actually some students who did not feel included and did not appreciate what was being done in their class.In your time, you will not have to make such an attempt. At first, you will be able to see and observe yourself. After all, you have always had your documen ts so there will be no need to make anything difficult. You will be able to see, and in particular observe, yourself being put through tests.One more point to remember is that your colleagues and peers will be anxious about you and the work that you are doing. There will be a lot of things for you to learn, and quite a few new ideas. So, you have to start putting your new found ability to good use.

Social Media Negative Impact on Teens - Free Essay Example

Sample details Pages: 3 Words: 819 Downloads: 8 Date added: 2019/04/10 Category Society Essay Level High school Tags: Social Media Essay Did you like this example? About 77 percent of people have social media profiles. Which means about 77 percent of teens can see whatever they post. Social media is seen as something fun and just an app that was downloaded from the app store, but social media impacts many peoples lives in a negative way. It is not thought about how hurtful the things said or how something posted can affect someone when they are posting. There are so many social media venues where so much can be said. Having social media makes it so much easier for people to post hurtful things about others. People post things that they would never actually say to someone in person. The reason people say things online that they would never say in person is that they find it safer. They would be able to avoid a face to face conversation. It may seem that when they say it online it is less real. However, no matter where it is said it is real. Behind the screen, teens feel protected and safe. Teens feel they wont be confronted with what they had typed while quietly sitting in their bedroom. According to an ask.fm survey, about 80% of what teens post, is posted without them even thinking about the content. Teens post hurtful comments without thinking about what the consequences may be. Don’t waste time! Our writers will create an original "Social Media: Negative Impact on Teens" essay for you Create order The saying think three times before you say something. Well, it goes the same way with social media. Think three times before you post something. Is this something I would ever say to this person in person? In the long run am I going to regret this post? Posting this, will it hurt someone else? There are so many things you should think about before you post. Posting the perfect picture. Everyone wants their social media account to be seen as something. They want their perfect social media envision to come to life and to make it real. Taking lots of time to take the perfect picture, the perfect selfie. Finding the perfect lighting, the perfect angle, and the perfect background. Taking the perfect picture to make their life seem perfect. It almost makes these people self-fish or self-centered. They take these perfect pictures hoping to get lots of likes and comments and hope that everyone sees their picture. When someone is posting their perfect picture, they edit it. Face-tune it. Photoshop it. The picture ends up not even looking like themselves anymore. Teens are quick to judge each other on social media. To prevent being judged, teens post what they feel is something they wont get judged for. When scrolling through your social media feed you see everyones perfect pictures. These pictures could make you feel bad about yourself. Seeing their picture makes you wish you had a life like them or that you looked like them or had the number of friends they have. According to a survey by TruePic, Posting the perfect picture isnt important. If you post a picture post yourself not a fake version of yourself. Dont think about what other people would think of your picture and post what you like. Snapchat, its felt as a teen safe place, or so they think. They think they send it, the receiver sees it, and its gone forever. But is it really gone forever? No. Theres always a way somehow, somewhere, where someone can get those messages back. Just like when you post something you regret and delete it, its never actually gone because once you post something on the internet, its there. There is no going back. Are you trying to get a new job? Hopefully, nothing on the internet was posted by you or about you that would cost you that job. Teens think social media is all just for fun, but it can have consequences in the future. What is posted can determine whether you get the job or not. These people will search your name and see what comes up and see if youre worthy of working under their business name. So think, if I post this, is it something Id be okay with my future boss seeing? The impact social media has on others, in my opinion, is negative. Teens use social media for cyberbullying. Teens feel protected behind the screens. Social media is used to show a made-up life. One created by teens using altered photos. Social media is used to post pictures that make you feel good about yourself and to show everyone the perfect life you are trying to create. Or thinking when something gets deleted it really is actually gone. But its not. It is out there somewhere. Or if youre trying to get a new job but you dont get it due to whats been posted about you or by you. Just remember to think before you post. Think three times before you post and think of all the questions before you post something.

Business Finance Essay - 705 Words

Understanding Your Business’ Finances: 7 Key Numbers You Need to Look At Most entrepreneurs focus on how they can make their products/services better, increase sales and earn a profit. However, business owners should realise that their income isn’t the only thing that they need to look at, as there are other important figures that they should closely monitor. Although a business may be hitting its sales quota, without looking at its key financial numbers the business might risk losing money instead of earning it. For example, if the sales price of a product sold is below the cost of selling it, the income from sales will not cover the expenses of running the company. To ensure that your business’ finances are on the right track, we†¦show more content†¦Figure out the key factors that are making your sales increase as this could help you retain the momentum. On the other hand, it is also important to analyse when there is a dip in your sales figures so you can make the correct adjustments. 5. Profit and Loss Statement – Your profit and loss (PL) statement is another crucial information tool to monitor as it provides you with a snapshot of the financial position of your business. This is calculated by subtracting the business revenue minus the expenses. If the number is positive, this indicates the business has made a profit, or if negative, then it means that a loss has been incurred. 6. Managing and Monitoring Inventory – Especially for retailers, it is essential to measure inventory every week. If you see an increasing inventory, it usually indicates that there is a sales problem. Regular monitoring of inventory will help prevent overstocking which leads to potential waste, and eventually, reduced profits. 7. The Quick Ratio – also known as ‘the acid test ratio’. The quick ratio is found on a business’ balance sheet and shows its financial stability. This number is measured by dividing the company’s current assets and its current liabilities. The ratio that you should end up with should be 1, which indicates that your business has more cash available than the current money it owes. Regularly monitoring these numbers can be tedious and not as exciting as making aShow MoreRelatedBusiness Finance Essay1901 Words   |  8 PagesMultinational Business Finance, 12e (Eiteman, et al) Chapter 1 Globalization and the Multinational Enterprise 1.1 Globalization and Creating Value in the Multinational Enterprise Multiple Choice 1) Which of the following are critical to a firm trying to reach the top of the firm value pyramid? A) An open market place. B) High quality strategic management. C) Access to capital. 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Businesses demand certain common goals that increase a bussinesss all around achievement, Some of which involve; growth amongst assests, An increase in efficiency in all areas of the business whether it be management or not. AndRead MoreEssay about Business Finance DDM model759 Words   |  4 Pages 4629150-489839008 Fall 0008 Fall Part One : 1) Artic Cooling 2) National Heating amp; Cooling 3) HVAC Corp $15.19$0.82 = 18.52 $12.49$1.32 = 9.46 $48.6$2.34 = 20.77 PE ratio = 18.52 PE ratio = 9.46 PE ratio = 20.77 Industry Simple Average PE Ratio: 18.52+9.46+20.773 = 16.25 Ragan’s Stock Price: EPS of Ragan = $320,00050,000 X 2 = $3.2 Stock Price based on Industry Benchmark PE: 16.25 = Stock Price3.2 = 52 Thus , the stock price is $52 if the firm’s earning is 320,000. Read MoreBusiness Analysis: Sundaram Finance Limited Essay611 Words   |  3 PagesCHAPTER 1 INTRODUCTION 1.1 OBJECTIVE OF THE PROJECT The project was done in Sundaram Finance Limited. It is a Non Banking Financial Company which accepts deposits from customers, and gives out loans, and also performs leasing and hire purchasing functions. Vehicle financing takes up a huge chunk of the company’s operations. Among the three types of vehicle financing (Hypothecation, leasing, and hire purchasing), leasing is done majorly to huge and well performing corporate. So the need for creditRead MoreBusiness Finance Dish Network Anaylsis Essay10003 Words   |  41 PagesBusiness Finance Term Paper Assignment 2 DISH Network Submitted by: Andrew Pelkey November 20, 2012 For: Mr. Joel Rossmaier I certify that the content of this paper was written by me and that all sources have been appropriately cited: ______________________________________________________________________________________ Table of Contents Chapter 1: Introduction †¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 Chapter 2: Financial Ratios†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 * Liquidity ratios†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreTop 6 Personal Finance Software for Small Business Owners Essay examples881 Words   |  4 PagesTop 6 Personal Finance Software for Small Business Owners A personal finance software lets you track your budget, costs, and your overall finances. 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This essay includes four paths, therefore, I shall explain my motivation of studying particularly this module, my strengths and weaknesses, critical and analytical learning, as well as my future career expectations. 1.1 Motivation As stated by the business dictionary, ‘’Motivation is leaded by internal and

Media Convergence with Regard to Technology and Its...

What is meant by the term media convergence with regard to technology, and how has it affected everyday life? When America went through a period of media convergence with regard to technology, we were essentially combining different types of mass media into one cohesive entity. Forty years ago, the main forms of mass media used were the TV, radio, and newspapers. Now we have multiple forms of media, the Internet is broadcasting radio programming, newspaper articles can be found on the Internet, and commercials that give no other information besides the address of a website. With the improvements of an average cell phone, we have been given the gift of the smartphone. With one smartphone in hand, we are able to read newspaper articles, watch live streaming TV or movies, take pictures or movies, and listen to broadcasted radio. Smartphones can essentially remove the need for the paper newspaper, the television set, the radio, or the personal computer from our lives. My smartphone is used hundreds of times a day, instead of looking for a recipe in my cookbook sitting on the counter; I pull my s martphone out and perform a quick Google search for the recipe. When I need to see, when the next wrestling tournament for the high school is instead of looking at my wall calendar I pull out my smartphone, and check the high school website. My smartphone is programmed to receive weather alerts for my county and surround areas. I also have text alerts sent to my smartphone indicatingShow MoreRelatedAdvantages And Disadvantages Of Globalization2225 Words   |  9 Pagesinterconnected or ‘closer’ together, although globalisation cannot change absolute distance it does impact relative distance by reducing the friction of distance, which leads to time space convergence. Time space convergence defined by Knox and Marston (2015) as the tendency of some â€Å"places† to move closer together in regards to travel, cost, communication or time. The new world system which defines boundaries between the core and the periphery are an important way of viewing the globe with boarders forRead MoreImpact of New Media on Society - Smartphones2082 Words   |  9 PagesImpact of New Media on Society: Smartphones The term ‘new media’ is one that is constantly evolving, and on a daily basis, encompassing more as well as newer and innovative elements in it. In the broadest sense, it is the opposite of ‘traditional media’, which includes print, television and film, and radio. According to New Media Basics, new media is essentially interactive, and it includes a host of communication mechanisms that revolve around the internet, and include elements such as e-mailRead MoreThe Future Of Rhetoric Is Not Changed Much Since The Years Of Aristotle3176 Words   |  13 Pagesappears to have undergone dynamic transformations as new technologies come into the market. Rhetoric is employed in all spheres and levels of life in conveying information especially in the world of business and politics. For many years, rhetoric has been used to convince and persuade people to do or buy certain things. Being rhetorically sensitive requires people to make choices as to whether to engage in figurative or literal language. As technology advances, there are challenges that face rhetoriciansRead MoreThe Atrophy Of Social Life2121 Words   |  9 PagesStudent’s name Institution â€Æ' Summary of Articles The Atrophy of Social Life. By Stanley D. Eitzen Stanley Eitzen decries the increasing loneliness that has come with advancement in technology and modernity. For instance, the writer asserts that the present day generation is socially inactive as compared to the past generations. Generally, the apparent isolation that people have found themselves in can be largely attributed to technology. 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E-business is the continuous optimization of a firm’s business activities through digital technology (allows the storage and transmissionRead MoreAn Anonymous Identity Through Online Social Media Platforms, Like Yik Yak?2277 Words   |  10 Pages2257 Research Question: â€Å"Why are people, particularly college and high school students, so attracted to the idea of constructing an anonymous identity through online social media platforms, like Yik Yak?† Online social networks have become increasingly populated arenas for much of today’s population, especially with regards to high school and college students. 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In the last section gives an overview of a possible business opportunity as to why mobile health could be the future of healthcare. 2 Megatrends Megatrends are changes that impact on our technological, economic, social, environmental and political surroundings however once in place these Megatrends have a knock on effect and influenceRead MoreThe Impact of Information Communication Technology on Malaysia Communication Culture in the Era of Globalization7293 Words   |  30 PagesTHE IMPACT OF INFORMATION COMMUNICATION TECHNOLOGY ON MALAYSIA COMMUNICATION CULTURE IN THE ERA OF GLOBALIZATION Saiful Nujaimi Abdul Rahman, M.Sc. Department of Communication, Faculty of Modern Languages Communication, University Putra Malaysia, Malaysia Abdul Rashid Md. Ali, PhD Department of Communication, Faculty of Modern Languages Communication, University Putra Malaysia, Malaysia Siti Zobidah Omar, PhD Department of Communication, Faculty of Modern Languages Communication, UniversityRead MoreOnline Video Game Is A Game Of Probability For Money Essay1834 Words   |  8 Pagesthat gambling is an online video game in this regard. Therefore, the connotative meaning of online video gambling in relevance to the above definitions is the perpetual playing of a game of probability for money over the internet with other players participating in the game simultaneously from different location around the world. For one to become a player of the game; an investment usually in the form of money has to be made, and this is where the effects of playing this game come into play-both positiveRead MoreThe Effects Of Poor Infrastructures On Nigerian Government Parastatals2148 Words   |  9 Pages 149074128 EFFECTS AND SOLUTIONS TO POOR INFRASTRUCTURES IN NIGERIAN GOVERNMENT PARASTATALS In all these developments, there is the underlying assumption that globalization is good for all and that its benefits are shared out (even if not equally) all over the world. The more developed countries benefit while the least developed countries tend to remain impoverished and do not share in the benefits. The combined effect of the global fluidity of finance capital, the growth of

The Kwakiutl Of The North Pacific Coast - 1290 Words

The Kwakiutl of The North Pacific Coast is a group that encompases many distinct and extraordinary aspects of a North American native culture. Setting The Kwakiutl mainly reside in the geographical region of the North Pacific Coast. Stretching along the coast of present day British Columbia. This area begins near the southern border of Alaska; from the Juan de Fuca Strait and extends down south to Yakutat Bay. This region is overlaid with a diverse landscape that has greatly impacted the Kwakiutl way of life. The multitude of resource available to the Kwakiutl has prominently sustain practically every aspect of their culture and society. The ever changing layout of this area created an impenetrable home for the Kwakiutl to inhabit. The coast is shattered with numerous islands and key rivers such as the Columbia, Salmon, and Bella Coola. This opens up a system of travel, commerce, and also creating very strict opportunities for other cultural influences. With the surrounding area thick in dense forests and rugged terrain that includes mountain ranges to valleys rich with life sustaining variables such as wild game, plants, timber, and potential settlement. This varied landscape also greatly isolated the Kwakiutl, making it difficult for any outside influences or possible threats to their way of life, F. Boas 1966, page 7. With the vast variety of natural resources this area offers it has abundantly supported the needs to sustain a way of life for the Kwakiutl. NumerousShow MoreRelatedTotem Poles1130 Words   |  5 PagesPeople believe that totems originated around the Northwest Pacific Coast where Native Americans had specific rules and traditions about how they were made and used. Although no one knows for sure how long the Native Americans have been living in the North America region, it is known that their culture is very much centered around their spiritual beliefs as individual families and clans. Despite the common belief that totem poles represent Native American gods, in many tribes they were used to representRead MoreKwakiutl Tribal Mask of the Pacific Northwest Essay1099 Words   |  5 PagesThe Kwakiutl Indian tribe existed before the discovery of North America by the European culture and inhabited the coast of the Pacific Northwest of the United States and British Columbia in Canada. The tribe is rich in tradition and culture and has remained steadfast in their beliefs, history, teachings and artisan skills which have been passed down generation to generation. The artisans in the Kwakiutl tribe mastered the art of creating special ceremonial masks that are not only beautiful and aestheticallyRead MoreMy Visit to the American Museum of Natural History Essay3048 Words   |  13 PagesThe three Halls that I visited at the American Museum of Natural History were: Halls of the Pacific Peoples, Northwest Coast Indians and Asian peoples. All of these Halls were distinctly different from each other, although I enjoyed viewing all three, my favorite Hall was that of Asian Peoples. Of special interest was the Hall of Northwest Coast Indians, since I was able to witness and play in my head, a reel of the transformations it has gone through since the time of Franz Boas, as described

Taxation Policy Contexts Practice Rutledge â€Myassignmenthelp.Com

Question: Discuss About The Taxation Policy Contexts Practice Rutledge? Answer: Introducation The present issue is concerned with the determination of the taxability of the income that is received by Fashionista Pty Ltd for the promise made to an Australian clothing manufacturer for not trading in the territory of South Australia. According to the taxation ruling of TR 94/D33, it determines the consequences of the capital gains tax consequences relating to the considerations of the sum received for the purpose of granting restrictive covenants and trade ties (Barkoczy 2016). The Taxation rulings of TR 94/D33 address restrictive covenants to the contracts or agreements that is formed exclusively based on the trade ties amid the two parties with the agreement that is entered into by the business entity by agreeing not to trade in the geographical region for a period of time. The taxation ruling considers the former subsection 160M (7) is applicable to the present context of Fashionista Pty Ltd since the company agreed not to compete in the selected territory for a period of four years (Braithwaite, 2017). The amount that has been received by Fashionista Pty Ltd can be regarded as the restrictive covenant payments since the company abided by the trade promise of not entering the specified geographical area for trade. In the present context of Fashionista Pty Ltd it can be stated that the new subsection of 160M (6) is applicable for any transaction where the amount of money that is received is related to the contract for entering into the restrictive covenant along with the exclusive trade ties and the agreement of not to trade (Cao et al. 2015). The commissioner of taxation considers the purpose and the effect of the subsection that extends to identify the considerations as the benefit of mutual promises that is flowing towards the parties in the agreemen t. Paragraph 17 of the ruling defines the view where the considerations that is received within the Subsection 160M (7) it is not restricted to the money or property. Instead the considerations extend to the assessable mutual promise that is flowing to the parties. As held in the case of Esso Petroleum Co.Ltd v.Harper's Garage(Stourport)Ltd[1968] restrictive covenants under the general law represents to be regarded as the restraint of trade (Saad 2014). The judgement defines that the restraint of trade is applicable where an individual has contracted to surrender the freedom which could have otherwise been available. In the present scenario of Fashionista Pty Ltd it can be stated that the company agreed not to trade in south Australia represents a restraint of trade as giving up the freedom of trading in that the geographical boundary which could have been otherwise available for trade. As held in the case of Bacchus Marsh Concentrated MilkCo Ltd (in Liq) v Joseph Nathan Co Ltd[1919] a restraint of trade can be considered as the valid under the common law which is not held by an unreasonable restraint by the courts requires that the covenantee is under the obligations of protecting the interest (Lang 2014). Such interest is generally characterised as the interest in the property or the goodwill of the business. Additionally, from the current case of Fashionista Pty Ltd it can be stated that the business ties such as agreement of not trading in the particular territory is a restraint of trade that is valid under the common law. The amount that is received by Fashionista Pty Ltd could be considered for the capital gains tax purpose for the considerations of $440,000 received by the Australian company for grating the restrictive covenants and trade ties. Computation of Taxable Income Particulars Amount ($) Amount ($) Assessable Income Gross Receipts $ 4,40,000.00 Less: GST $ 40,000.00 Net Receipts $ 4,00,000.00 Total Assessable Income $ 4,00,000.00 Less: Company Tax 27.5% $ 1,10,000.00 Total Tax Payable $ 1,50,000.00 Net Income $ 2,90,000.00 As defined under the section 7 of the Fringe Benefit Tax Assessment Act 1997, it sets out the conditions in which the users of the car will be considered for taxation under the taxable fringe benefit. The act lay down the two alternative method of valuing the benefit. As evident from the present case study of Fashionista Pty Ltd it can be stated that car provided to Jane Jackson constitute fringe benefit where an employers car is used by the employee or the associate for the private purpose or that is available for the purpose of private use. As held in the case of Lunney and Hayley v FC of T (1958)it is affirmed that the position of travel between an individual home and the place of work or business is considered as the ordinary private travel (Miller and Oats 2016). Fringe Benefit Liability is applicable to the all the private use along with the private home to work travel. As evident from the current scenario that private use under the sub section 136 (1) use of car made by the employee or the associate which is not in the course of gaining and producing the taxable income of the employee would be regarded for the private use of the car. Consequently, the car that was used by the Jane Jackson for travel from work to home would constitute private use, was not related in the process of gaining or producing the assessable income, and was not related for carrying on the business purpose. In consistent with the present scenario it is understood that car expenses incurred on the employees can be considered as the Fringe Benefit Tax, which can be considered for allowable deductions. However, Jane Jackson would not be able to claim allowable deductions since the travel from work to home would be considered as the private expense and they do not constitute allowable deductions since it was not gained for producing the assessable income. Additionally, it is also found that Fashionista Pty Ltd had also reimbursed Jane $40,000 for the school fees and also paid the latest contribution that was due on her part for the outstanding HELP loan which can be considered as the payment to fringe benefit and the company can claim an allowable deduction for that expense. As defined under the Taxation ruling of IT 2631 owners of the rental premises especially in the districts of central business of the major capital cities of Australia, frequently offer incentives to induce businesses to enter in the lease of the premises (Davison, Monotti and Wiseman 2015). The Taxation Ruling of IT 2631 takes into the considerations both the cash and non-cash lease incentives. In the present case of Fashionista Pty Ltd, it is found that the company moved from one premises to another premise and the sum received would be considered as the income. As held in the case of F.C of T v. Myer Emporium Ltd the federal court defined that the a receipt would be considered as the income given that such income originates from the isolated business operations or commercial transactions that is entered into in the ordinary course of carrying on of a business. The judgement contained that the receipts would be considered as income so long the taxpayer entered in the transition intending to generate profit or gain from the transaction (Evans, Minas and Lim 2015). As evident from the decision where it is found that the taxpayer operates from the leased premises and the move of one premises to the another premises with the leasing of the premises occupied would be considered as the act of the taxpayers under the course of the business activity that results in taxpayers assessable income. Additionally, the judgement of the federal court in the case of F.C of T v. Cooling 1990, where a taxpayer of the business is provided with the case incentives to enter in the lease of the business premises the incentive would be treated as income for the taxpayer (Woellner et al. 2016). In view of the current situation of the Fashionista Pty Ltd it can be defined that the taxpayer was provided with the cash incentive of entering in the lease of the new business premises and the cash payment received represents incentive in the nature of income and would be considered for assessable. In respect of the Fashionista Pty Ltd the transaction that is entered into by the firm should be treated as the commercial transaction. Furthermore, it formed the part of the business activity of Fashionista Pty Ltd a not an insignificant part of it was the obtaining of the commercial profit by way of the incentive payment. Accordingly, it can be considered as the payment will be viewed as income under t he ordinary concepts and will be considered for assessment. In the later stages it is found that the Fashionista Pty Ltd has to incur the expense on repairing the property. As stated under the Taxation Ruling of 97 /23, it provides the situations in which the person incurs an expense for repairs where allowable deductions can be claimed (Schreiber 2013). Additionally Section 8-1 of the ITAA 1997 provides the provision that is related to gaining permission of taking into the considerations the deduction as the allowable deductions (Robin 2017). As defined under Section 8-1 (2) of the ITAA 1997 a person is not allowed to claim deductions for loss or outgoings having the extent of the loss or outgoing is not capital in nature. Payments that is made by will not be allowed as deductions since the repairs that it is required to be made should be considered as the initial repairs. Taking into the considerations the Taxation rulings of 97/23 an individual would not be allowed to claim allowable deductions that has the nature of the capital works. As held in the case of Hallstroms Pty Ltd v. FC of T(1946) repairs having the nature of capital would not be considered for deductions (Blakelock and King 2017). As evident in the present case of Fashionista it can be bought forward that the initial repairs that is carried out by the company in the new lease premises are not treated as expense and they should be treated as capital work expenditure with no allowable deductions. The Taxation ruling of TR 95/25 is concerned with the deductibility of the interest in the form of outgoings that comprises interest under Section 8-1 of the ITAA 1997 by satisfying the words of the section which represents that loss or outgoings forms the part of the appropriate apportionment (Vann 2016). The general principles govern the deductibility of the interest under section 8-1 of the ITAA 1997 is that interest expense incurred by the taxpayer for the purpose of gaining and producing assessable income of the taxpayer with loss and expenses are not having the nature of capital, private or domestic in nature under the first limb (Kristoffersson 2014). Another purpose that governs the deductibility of the interest is that it is necessarily incurred by the taxpayer for executing business activities with the objective of producing taxable income of the taxpayer and not having the nature of capital or private under the second limb (Barkoczy et al. 2016). As evident from the current situation of Fashionista Pty Ltd states that the interest expense has been incurred for the purpose of carrying on of a business with the objective of producing taxable income. The present case study clearly identifies that whether or not the expenses or outgoings that is incurred by the taxpayer satisfactorily meets the criteria of the section 8-1 being reliant on the facts and matter relating to the outgoings that is incurred by the taxpayer in the question. As defined under the section 8-1 of the ITAA 1997 the interest should possess sufficient amount of association with the functions and activities of the taxpayer that is more directly gained or produced by the taxpayer for the purpose of assessable income and not possessing the nature of the capital, private or domestic in nature (Grange et al. 2014). Additionally, section 8-1 of the ITAA 1997 identifies that character of the interest for the funds borrowed should be generally decided by the reference to the circumstances of the borrowed money is used by the borrower (Tran-Nam and Walpole 2016). Nevertheless, regards should be paid in all the circumstances surrounding the character of the taxpayers undertaking or business together with the objective purpose of the borrowing having the nature of the transaction. A tracing of the borrowed money by the Fashionista Pty Ltd establishes that borrowed money was for the purpose of the income producing activities that reflects the connection b etween the interest and the income generating activities (Graetz and Schenk 2013). As evident from the case study, it establishes that fact that the sum of $40,000 that is borrowed by the Fashionista Pty Ltd as the interest on loan that is made by the foreign bank was for increasing the manufacturing capacity of the company. As held in the case of FC of T v. Roberts the judgement of the court stated that interest on the borrowing to fund the repayments of moneys that was originally advanced by the partner and put into use as the partnership capital will be considered for deductions under section 51 (1) (Snape and Souza 2016). It will be considered for deductions up to the extent that the partnership capital was employed in the business for the purpose of producing or gaining taxable income. As held in the case of Herald and Weekly Times Ltd v. FC of T(1932) at the time of determining the interest on capital to be considered as deductible appropriate regards should be given in respect of the commercial context for which the companies borrowed the relevant funds (James 2016). On applying the reasons full federal court in Smith v FC of T to companies will represents that interest on borrowing by the company might be considered for deductions where the borrowings of the funds would be considered as the repayment of the share capital to the shareholder. Interest on borrowing would be considered for deductions if it satisfies to meet the expenses of the business in gaining and deriving the assessable income of the company (Kiprotich 2016). As evident from the current case study, it can be stated that interest on borrowings can be considered for deductions under section 8-1 of the ITAA 1997 for the purpose of gaining business income. On the other hand, it is found that Fashionista Pty Ltd occurred a bad debt after a failed attempt by the company to recover the amount. As defined under the paragraph 34-39 of the Taxation Rulings of TR 92/18 bad debt must be written off in the year in which the income is earned prior to making the bad debt allowable as deductions under Section 63 (Pope, Rupert and Anderson 2016). Any form of business losses or outgoings having the nature of the revenue would be considered as the deductions that is allowable under Section 51 (1) of the ITAA 1997 when incurred. In the present case study of Fashionista Pty Ltd the company can claim allowable deductions on the assumption that the bad debt was incurred in the income year. Furthermore, the losses or outgoings suffered by the Fashionista Pty Ltd comprised of the revenue in nature and would be considered as the allowable deductions (Morgan, Mortimer and Pinto 2013). As evident from the present case of Fashionista Pty Ltd it is found that the company has acquired factory for $605,000. However, prior to the use of the factory Fashionista has to incur expenses on initial repairs the roof of the factory which costed the company $66,000. As held in the case of the Law Shipping Co Ltd v IRC (1923) initial repairs are not considered as the allowable deductions (Fleurbaey and Maniquet 2017). The reason for not considering the repairs as the allowable deductions is because the taxpayer might have received deductions in the purchase price of the asset and so appropriate to consider the expenses as the part of the acquisition cost (Krever 2013). Initial repairs are not considered for allowable deductions even where the taxpayer is not aware of the defect at the time of purchasing the property (Pomp and Rodriguez 2015). In the present case study, it is observed that repairs that is carried out by the taxpayer was before the purchase of the factory and hence would not be allowed as deductions. Arguably, an assertion can be considered in the present context that the initial repairs that is performed on the purchase of new factory would be considered as the expense and such expense are viewed as the capital work expenditure. As defined under section 8-1(2)of the ITAA 1997 a person is not allowed to claim allowable deductions for loss or outgoings to the extent that the loss or outgoing is having the nature of the capital or capital nature (Preez 2016). As held in the case of FC of T Western Suburbs Cinemas Ltd (1952) the full federal court passed a noteworthy judgement (Coleman and Sadiq 2013). The judgement stated that that any form of expenses that is incurred by the taxpayer in association with the asset having the outcome of functional improvements in the quality of the asset then the expenses would be considered under improvement and not repairs. As the result of this, such expenses would be considered as capital nature where the deductions would not be allowed as deductions (Kenny 2013). Presently in the case of Fashionista Pty Ltd, the expenses of $66,000 incurred on initial repairs of roof of the factory would be considered under improvements and not repairs. Consequently, the expenses would be regarded as capital nature of expense and deductions cannot be claimed by Fashionista Pty Ltd. Reference List: Barkoczy, S., 2016. Foundations of Taxation Law 2016.OUP Catalogue. Barkoczy, S., Nethercott, L., Devos, K. and Richardson, G., 2016.Foundations Student Tax Pack 3 2016. Oxford University Press Australia New Zealand. Blakelock, S. and King, P., 2017. Taxation law: The advance of ATO data matching.Proctor, The,37(6), p.18. Braithwaite, V. ed., 2017.Taxing democracy: Understanding tax avoidance and evasion. Routledge. Cao, L., Hosking, A., Kouparitsas, M., Mullaly, D., Rimmer, X., Shi, Q., Stark, W. and Wende, S., 2015. Understanding the economy-wide efficiency and incidence of major Australian taxes.Treasury WP,1. Coleman, C. and Sadiq, K. (n.d.).2013 Principles of taxation law. Davison, M., Monotti, A. and Wiseman, L., 2015.Australian intellectual property law. Cambridge University Press. Du Preez, H., 2016.A construction of the fundamental principles of taxation(Doctoral dissertation, University of Pretoria) Evans, C., Minas, J. and Lim, Y., 2015. Taxing personal capital gains in Australia: an alternative way forward. Fleurbaey, M. and Maniquet, F., 2017.Optimal income taxation theory and principles of fairness(No. UCL-Universit Catholique de Louvain). Graetz, M. and Schenk, D. (n.d.).2013 Federal income taxation. Grange, J., Jover-Ledesma, G. and Maydew, G. (n.d.).2014 principles of business taxation. James, K., 2016. The Australian Taxation Office perspective on work-related travel expense deductions for academics.International Journal of Critical Accounting,8(5-6), pp.345-362. Kenny, P. (2013).Australian tax 2013. Chatswood, N.S.W.: LexisNexis Butterworths. Kiprotich, B.A., 2016. Principles of Taxation.governance. Krever, R. (2013).Australian taxation law cases 2013. Pyrmont, N.S.W.: Thomson Reuters. Kristoffersson, E. (n.d.).2014 Tax secrecy and tax transparency. Lang, M., 2014.Introduction to the law of double taxation conventions. Linde Verlag GmbH. Miller, A. and Oats, L., 2016.Principles of international taxation. Bloomsbury Publishing. Morgan, A., Mortimer, C. and Pinto, D. (2013).A practical introduction to Australian taxation law. North Ryde [N.S.W.]: CCH Australia. Pomp, R.D. and Rodriguez, J., 2015. PRINCIPLES AND METHODS OF MULTI-JURISDICCIONAL STATE TAXATION.QUAESTIO IURIS,8(2), pp.1125-1206. Pope, T.R., Rupert, T.J. and Anderson, K.E., 2016.Pearson's Federal Taxation 2017 Comprehensive. Pearson. ROBIN, H., 2017.AUSTRALIAN TAXATION LAW 2017. OXFORD University Press. Saad, N., 2014. Tax knowledge, tax complexity and tax compliance: Taxpayers view.Procedia-Social and Behavioral Sciences,109, pp.1069-1075. Schreiber, U. (2013).International company taxation. Berlin: Springer. Snape, J. and De Souza, J., 2016.Environmental taxation law: policy, contexts and practice. Routledge. Tran-Nam, B. and Walpole, M., 2016. Tax disputes, litigation costs and access to tax justice.eJournal of Tax Research,14(2), p.319. Vann, R.J., 2016. Hybrid Entities in Australia: Resource Capital Fund III LP Case. Woellner, R.H., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law Select: Legislation and Commentary 2016. Oxford University Press

Analysis of the Arts Mona Lisa Essay Example For Students

Analysis of the Arts Mona Lisa Essay The Mona Lisa is one of the few paintings that have seen in person. Dont know Why she is so intriguing to look at but something about her smile and her eyes captivate me. The realness of the painting and how ordinary the Mona Lisa is the reason Why I can kick at this painting With great joy, it doesnt make me think too much, it doesnt confuse me, the simplicity and the normalcy of this painting is what I enjoy so much. However, after an analysis you can see that the painting isnt so ordinary. The painting is done by using a liquid media. The Leonardo De Vinci used oils to ant his picture. During the 15th century using oils was very common. By using oils Leonardo was able to create a real lifelike painting, since the oils dry slowly he was probably able to mix and rework all his colors and shading until they were just the right hue and looked perfect. In this painting there is no distinct line, There is a lot of shading giving the figure shape and gives outlines other the clothing becomes a hand or where the forehead becomes hair. However, it is just like a photograph, you can see where the chin stops and the neck begins. However, the lines are subtle and not over exaggerated. You can see however, that the painting seems to be made up of three triangles. Mona Lisa being the biggest they the left top corner is the background and the top right corner are a continuation of the background However, these two backgrounds seem to not be part of the same landscape. When you look at the form of the work it is clear that the picture is non- objective, it is obvious that the painting is of a woman. However, what is objective about the woman is her facial expression, What is she looking at, is she even looking at anything, who is the woman, is she or isnt she smiling, if she is smiling What at, and so on and so on. Leonardo use Of form in the painting is What makes the Mona Lisa so intriguing to look at you can make up any story youd like and no one can tell you youre wrong. Leonardo originally used more somber colors; there is not outstanding, unrealistic color that pops out. Everything about the color, from the sleeves of the dress to her lips makes the picture realistic, He uses just the right amount of darker colors to make realistic shading. The top half of the painting has a very higher value of color, the colors are lighter and more airy while the bottom half of the painting has a lower value of color, the colors are darker and more shaded. There is a certain balance about the photo as well; everything is split right down the center starting at her hair line, going down the face, proceeding right to where the hands cross. The background is on the left and the right. Since the foreground is so busy and beautiful the background seems to be faded and not have distinct features and detail Over all the focal area is naturally the Mona Aliass bright face which is in the middle of the painting. The Mona Lisa seems to pop out of the picture; you can tell that there is a sense of depth because of the viva she is angled on the chair, s well as in the background. It is beautifully done I love this painting, I dont know if it is because have seen it in person, or how beautiful it is even though it is simplistic. It captures a normalcy Which is intriguing but a beauty like no other. It makes me think of what beauty was back then and What beauty is now today. You would never see someone With her looks is painted and the picture would become a masterpiece. I also like the smile and the eyes, they go perfectly together to make a subtle expression that is hard to capture in photographs even today! In my mind it is the perfect balance of all elements.