Eating Disorders A Social Problem Essay - 850 Words

Eating disorders have become a social problem. â€Å"Who wants to recover? It took me years to get that tiny. I wasn t sick; I was strong† (Laurie Halse Anderson). Due to the pressure of being beautiful or fulfilling in the stereotypes that media bring us, eating disorders affect individuals and their families around the world both mental and physical. NEDA (National eating disorders association) cares and helps to those people affected by an eating disorder. Therefore, NEDA bring to citizens the cure, access to quality care, and prevention to people who are vulnerable to suffer an eating disorder. Because the negative effects caused by eating disorders could be fatal, a world without eating disorders is the principal goal of NEDA saving thousands of lives. The problems, solutions, and benefits of fighting against an eating disorder will be presented then. Overview of the problem Eating disorders is a problem that affects many individuals not only physical but also mental. Teenagers are the most vulnerable to suffer an eating disorder due pressure of social standards. The consequences of eating disorders could be fatal. The three different types of eating disorders affects negatively to the body. Anorexia Nervosa, which is caused by the lack of necessary nutrients, causes severe dehydration. Due the lack of nutrients, the body take the energy needed from muscles. However, anorexia causes muscle loss and weakness. Bulimia Nervosa inflicted by binge-and-purge, which affectsShow MoreRelatedThe Social Problem Of Eating Disorders1042 Words   |  5 PagesEating disorders have become a major social problem in America, especially for woman. Our society pushes a fantasy of the idealized body through advertising, magazines, television, and social networks. It has become the cultural norm for women to be materialized out of the delusional thoug ht process centered on the perfect body. From a very young age, women are given the message that in order to be happy and pretty, they must look like a Barbie doll. Women need to become aware that society’s idealRead MoreEating Disorders: Personal or Social Problem? Essay1879 Words   |  8 Pagesthe subject of eating disorders such as anorexia and bulimia; unfortunately it is because these disorders seem to be becoming more and more common. The question that remains is whether eating disorders such as these are simply personal problems of the individuals, or if they have become a social problem that needs to be addressed more aggressively. Having grown up in this society, I see this issue as a definite social problem. To say that these increasingly common eating disorders are personal problemsRead MoreSocial Media and its Effect on Eating Disorders793 Words   |  3 Pagessweep the internet on social media websites, leaving harsh marks on all who read them, especially t he extremely impressionable youth of America. Today’s youth is becoming heavily reliant on social media outlets such as Tumblr, Instagram, and Facebook, but it comes with a problematic cost, mental disorders on the rise. Eating disorders, depression, bipolar disorder, and other mental disorders are rapidly becoming more and more common in hospitals all across the nation, and social media is fueling theRead MoreThe Causes Of Eating Disorders In College Women1444 Words   |  6 PagesEating Disorders in College Women Bingeing. Purging. Calorie counting. Excessive exercising. These are actions that are most commonly associated with eating disorders, which are psychological conditions affecting an individual’s eating habits. Though these conditions can appear in any age or gender group, they tend to be most prevalent in adolescent women. A large population of these young women happen to be college students dealing with problems such as body image issues, food insecurity, andRead MoreFacts About Eating Disorders And Gender Socialization846 Words   |  4 PagesFacts About Eating Disorders †¢ What is socialization? Socialization is a process in which we learn and internalize attitudes, values, beliefs, and norms of our culture and develop a sense of self. †¢ Gender Roles Gender Roles are complex clusters of ways males and females are expected to behave †¢ Gender roles Socialization Gender socialization is a process of learning social expectations and attitudes associated with one s sex. Gender socialization is explained with why human males and femalesRead MoreEating Disorders: The Skinny on Skinny Essay1672 Words   |  7 Pagesthe empty stomach. These are the ideas and ideals that bombard the eating disordered mind. These are the ideas that society projects and then questions why eating disorders are on the rise. Eating disorders were first recognized in the 1960’s and since then have branched out into subsections. Anorexia nervosa in the starving of oneself to be thin. Bulimia is the cycle of binging and purging food in order to lose weight. Binge eating is overeating as a way of comfort. Orthorexia is the extreme obsessionRead MoreEating Disorders : Eating Disorder1235 Words   |  5 PagesEating Disorders Eating disorders are a very serious psychological condition that affects your mind so that you are more focused on your food and weight than you are on everything else. The most known and most commonly diagnosed eating disorders are anorexia, bulimia, and binge eating disorder; however, these are not the only eating disorders. Eating disorders cause psychical and psychological problems, which at their worst can even become life threating. Statistics show that more women are affectedRead MoreEating Disorders : The Forgotten Issue1302 Words   |  6 Pages Eating Disorders: The Forgotten Issue In today’s society, it has become hard for the average person to fit the high expectations and perfect mold that has been created by being connected to the internet. With the pressure so high, and competition so intense everyone is striving to become perfect to fit the mold. Eating disorders have become common in many people as a way to change their body image or gain more control over their life, caused by the stressRead MoreEating Disorders : Social, Genetics, And Psychological1702 Words   |  7 Pagesof eating disorders. There are three main reasons for developing an eating disorder: social, genetics, and psychological. The society we live in brings many people to the belief that in order to obtain the perfect body we must put our own bodies through unhealthy habits which can lead to the harm of ourselves physically and mentally. In fact, â€Å"Every 62 minutes at least one person dies as a direct result from an eating disorder†(National Association of Anorexia Ner vosa and Associated Disorders.Eating)Read MoreEating Disorders : Eating Disorder1205 Words   |  5 PagesEating Disorders in Today’s World Eating disorders are alive and well in today’s world and they are a major problem. An eating disorder can look like a few different things, ranging from a severe reduction of food intake to over eating to feelings of negativity towards your body shape or weight (Lehigh University). While some disorders can only be found in specific age groups, races, etc., eating disorders can be found amongst all and it does not necessarily have to be pointed towards food (Lehigh

The Increased Use of Steroids in Athletics Essay - 867 Words

The Increased Use of Steroids in Athletics In the past three decades, steroids have become a serious problem in the athletic field. The demand for it has increased within recent years and the prices shot up since the mid-1980s. The smuggling of steroids into the United States increases every year. The methods have become easy. Simple methods such as stashing it inside a teddy bear, sneaking it across the Mexican border inside shampoo bottles have worked. These type of steroids are anabolic drugs that build growth hormones that include testosterone, which are the male sex hormones that improve performance. Testosterone in the male is produced mainly in the testes and a small amount is†¦show more content†¦Steroids can be injected or taken orally. Androgenic steroids have a fairly limited use in medicine. They are effective in males with testicular failure and are occationally used in osteoporosis and as an appetite stimulant. Many athletes take anabolic steroids at higher dosages. Unfortunately most athletes will not restrict their dosages to theraputic dosages. Many people are fascinated about steroids because of their ability to build up the body. Steroids help muscular tissue after a workout by speeding up the muscle healing process which add more fiber and increasing their bulk, but for these results, dosages need to be pretty high, causing greater side effects. These benefits of steroids help athletes obtain the competitive edge over their opponents. Everybody wants better biceps and triceps. There is a large price to pay when using steroids to achieve these goals. Numerous side effects can result while on steroids depending on the type of steroid taken, gender and body chemistry. Injectable steroids are longer lasting in the body, but the trade off being that it can be detected in your body for a longer period of time and the result take a while to kick in. Some athletes prefer to take it orall y because they obtain faster results. You swallow the pill and results will come faster because it goes through the digestive tract. The problem with orals is they put a lot of strain on the liver. Most of the side effects of steroid use result from theShow MoreRelatedAnabolic Steroids Should Be Banned1348 Words   |  6 PagesSteroids, more specifically anabolic steroids, are drugs that can be legally prescribed or taken illegally, to boost strength and increase athletic performance. They are based off of the hormone testosterone. On the street where the drug is sold illegally, the common slang names are â€Å"arnolds†, â€Å"gym candy†, â€Å"pumpers†, â€Å"roids†, â€Å"stackers†, â€Å"weight trainers†, and â€Å"juice†. Steroids have a long, long history, especially in regards to sporting events. Anabolic steroids were not really used worldwide untilRead MoreSteroids : A Lifestyle Of Cheating1639 Words   |  7 Pagesclear, beans and hype (Steroids and their). All of these words are slang for the illegal substance known more commonly as anabolic steroids and HGH, or human growth hormone. The controversy surrounding anabolic steroids and HGH in sports has stormed to the forefront of the many problems that plague America today. Anabolic steroids are synthetic chemicals that mimic the effects of the male sex hormone testosterone. Steroids promote increased muscle gain and muscle mass. Steroids are also highly addictiveRead MoreThe Effects of Anabolic Steroids on Athletes Essay1663 Words   |  7 PagesIn today’s society in athletics, muscle mass and strength seem more important than in years past. It is believed that many athletes use anabolic steroids to increase their muscle mass and also t heir strength. Anabolic steroids are a group of synthetic hormones that promote the storage of proteins and the growth of tissue, sometimes used by athletes to increase muscle size and strength. Before the mid 1970’s the use of anabolic androgenic steroids (AAS) was used mainly by highly trained athletesRead MoreAnabolic Steroids And Steroids Use1525 Words   |  7 Pagesbeans and hype (Steroids and their). All of these words are slang for the illegal substance known more commonly as anabolic steroids and HGH (human growth hormone). The controversy surrounding anabolic steroids and HGH in sports has stormed to the forefront of the many problems that plague America today. Anabolic steroids are synthetic chemicals that mimic the effects of the male sex hormone testosterone. Some athletes seeking increased muscular strength and size abuse anabolic steroids (Ricki Lewis)Read MoreA Lifestyle Of Cheating1512 Words   |  7 Pageshype (Steroids and their). All of these words are slang for the illegal substance known more commonly as anabolic steroids and HGH, or human growth hormone. The controversy surrounding anabolic steroids and HGH in sports has stormed to the forefront of the many problems that plague America today. Anabolic steroids are synthetic chemicals that mimic the effects of the male sex hormone testosterone. According to Fox News,  ¬Ã‚ ¬Ã‚ ¬5% of middle school and high school aged- children have or currently use anabolicRead More Anabolic Steroids Essay1671 Words   |  7 PagesAnabolic Steroids In today’s society, athletes are revered as heroes. There is immense pressure to be the best. Athletes are willing to do whatever it takes to gain an edge, even if it means compromising their health. For almost three decades, athletes have been supplementing their strength program with anabolic steroids to enhance their performance. To be sure, anabolic steroids are effective supplements to strength training programs, but there is no doubt that the consequences can be deleteriousRead MoreSteroid Use Among Teens : Should Or Should Not?1213 Words   |  5 PagesSteroid Use Among Teens: Should or Should Not? Has anyone ever thought about trying to use steroids? There are many people have never taken steroids before. However, they are curious to try steroids at least once. â€Å"The first steroid was synthesized in 1935 for medical purpose,† mainly to produce more testosterone for normal development and sexual functioning (â€Å"Performance-Enhancing† 4). Nowadays, athletes and teens use steroids to enhance their performances and improve their looks. There were a lotRead MoreAnabolic Steroids Summary Essay1507 Words   |  7 PagesThesis: Anabolic Steroids are powerful drugs that help the body gain mass, but also hurts the body with drastic side effects. I. Basic Information A. Anabolic Steroids Aid Body Growth B. Have Drastic Side Effects II. Side Effects of Steroids A. Ways to tell somebody may be using steroids B. Side effects of Steroids in Males C. Side effects of Steroids in Females III. Different Types of Anabolic Steroids A. Oral Anabolic Steroids B. Intravenous Anabolic Steroids IV. Teen UsageRead MoreA Brief Note On The Aids And Its Effects On The Body1534 Words   |  7 Pagesmembers and friends. This shows that ergogenic aids could range from the use of legal avenues such as carbohydrate loading to techniques that are illegal and unsafe such as the use of anabolic-androgenic steroids. Anabolic androgenic steroids (AAS) are the synthetic form of testosterone, the male hormone. Anabolic steroids have been used over time as legal prescriptions for conditions brought about by the deficiency of steroid hormone leading to a delayed puberty or diseases that cause a loss in bodyRead MorePed in Sports1082 Words   |  5 Pagesprovide an advantage in athletic performance. Performance-enhancing drugs affect the body in different ways, such as enlarging muscles or increasing the blood’s oxygen-carrying capacity. Despite these apparent benefits, the use of such drugs is considered both competitively unethical and medically dangerous. Most performance-enhanci ng drugs are outlawed by organizations that govern major amateur and professional sports. II Purpose The use of substances to improve athletic performance is not a

Summary Of Slavery In Toni Morrisons Beloved - 996 Words

Beloved is a book not written to teach, explain, or tell you about slavery. Beloved was written to show slavery, show the punishment, the suffering, and the agony. Morrison blends many aspects of the pain endured by her characters throughout Beloved into a tale that illustrates the true extent of the damage slavery causes. One of the main themes, and a focus of this suffering, is Motherhood. Morrison creates Sethe’s motherhood to be a critical aspect of her character, then targets this trait with abuse and violence to illustrate the depth of pain slavery inflicts on its subjects. Morrison shows the damage slavery causes through the vein of motherhood by combining the use of breastmilk as a symbolic effigy for motherhood that can be†¦show more content†¦Beloved’s blood mixing with milk represents the contamination of Sethe’s motherhood. The milk acts as the representation of motherly connection and support, the blood portrays the destruction of family, th e spilling of kin’s blood. The blood mixed with the milk signifies the sacrifices that need to be made to survive in a world of slavery, the death that Sethe believed was necessary to protect her children. Milk is a symbol made to be acted upon, to be corrupted, stolen, saved; it shows the perils and importance of Sethe’s motherhood. When analyzing the importance of milk to the theme of motherhood, Mock reiterates the importance of breastfeeding and asserts that the act of breastfeeding to Morrison is more than just nurturing, but the creation of a bond, â€Å"Within the theme of the maternal sphere, Morrison stresses breast-feeding as essential to the natural unity of the mother-child bond; she exemplifies more fully the mutilation of this sphere by depicting the enslavement of mother and child within as they are separately and individually buffeted by the forces of slavery, belonging not to each other, but to their captors† (Mock). The system of slavery enacts its atrocities upon Sethe’s capacity to be a mother by taking away her sense of maternal ownership. Slavery made it so that her daughter was not her own, thatShow MoreRelatedAnalysis Of Beloved By Toni Morrison2078 Words   |  9 PagesAn Analysis of Beloved as a Portrayal of American History Toni Morrison’s 1988 Pulitzer Prize-winning novel, Beloved is clearly a work of well deserved literary acclaim. It has been hailed as one of the most revolutionary, poetic, and poignant pieces of modern American literature. The work is characterized by it’s portrayal of the â€Å"Slave Narrative† and follows the strife of former slave and mother: Sethe as she is tormented by the memories of her past, the haunting of her home, and the appearanceRead More Essay on Toni Morrisons Beloved - Sethes Act of Filicide1653 Words   |  7 PagesSethes Act of Filicide in Beloved      Ã‚  Ã‚  Ã‚   Shortly after the publication of Beloved, Toni Morrison commented in an interview that Sethes murder of Beloved was the right thing to do, but she had no right to do it.... It was the only thing to do, but it was the wrong thing to do.1[1]   Does this remark prove the moral ambiguity of the infanticide, as Terry Otten argues?2[2]   Yes, it was right but wrong, and wrong but right.   However, the most important thing is that It was the only thing toRead MoreBeloved: Passage Analysis1335 Words   |  6 Pages Mister, the taste of iron, the sight of butter, the smell of hickory, notebook paper, one by one, into the tobacco tin lodged in his chest. By the time he got to 124 nothing in this world could pry it open. Beloved Passage Analysis Syntax: Emphasizing the Tone Toni Morrison’s unique syntax manifested in this passage reinforces the overall content. Sentence fragments without a subject such as sentences number five and six focuses on Paul D’s observations. At this point he is uncertain whereRead MoreCultural Translation : The Location Of Culture1824 Words   |  8 Pageswhere he discusses the invasion of the domestic by the public and how this postcolonial condition makes the borders confused between inside (home)/outside (the public world). Finally, last section, Looking for the Join, can be simply considered as a summary joining both previous sections. BORDER LIVES: THE ART OF THE PRESENT In the very beginning of this section, the author focuses on those who experience ‘border lives’; those who live in the margins of nations. He argues that life at the bordersRead MoreSlavery and Black Thunder8056 Words   |  33 PagesBLACK THUNDER SUMMARY The Work Black Thunder, Arna Bontemps’ defining novel, is a fictionalized account of the early nineteenth century Gabriel Insurrection, in Virginia. The novel, which chronicles the Gabriel Prosser-led rebellion against the slave owners of Henrico County, was generally lauded by critics as one of the most significant black American works of fiction. Richard Wright praised the work for dealing forthrightly with the historical and revolutionary traditions of African AmericansRead MoreEudora Welty a Worn Path12166 Words   |  49 Pagesretrieval systems without the written permission of the publisher. For complete copyright information on these eNotes please visit: http://www.enotes.com/worn−path/copyright Table of Contents 1. A Worn Path: Introduction 2. Eudora Welty Biography 3. Summary 4. Characters 5. Themes 6. Style 7. Historical Context 8. Critical Overview 9. Essays and Criticism 10. Compare and Contrast 11. Topics for Further Study 12. Media Adaptations 13. What Do I Read Next? 14. Bibliography and Further Reading 15. Copyright Read MoreEudora Welty a Worn Path12173 Words   |  49 Pagesretrieval systems without the written permission of the publisher. For complete copyright information on these eNotes please visit: http://www.enotes.com/worn−path/copyright Table of Contents 1. A Worn Path: Introduction 2. Eudora Welty Biography 3. Summary 4. Characters 5. Themes 6. Style 7. Historical Context 8. Critical Overview 9. Essays and Criticism 10. Compare and Contrast 11. Topics for Further Study 12. Media Adaptations 13. What Do I Read Next? 14. Bibliography and Further Reading 15. Copyright

Mills on Private Troubles and Public Issues - 1124 Words

In order to gain a broader understanding of ourselves and the world in which we live, one must first understand ‘the sociological imagination’ and all that it entails. Mills describes this idea in terms of ‘private troubles’ and ‘public issues’ which continue to effect the lives of each and every one of us (Mills 1959: 8). While the connections between the two are evident, there are clearly a number of distinctions which determine the success or failure of either an individual or a society. Understanding that history and society’s issues come hand in hand also becomes an important part in further understanding the nature of these public issues and private troubles. Additionally, during the mid-twentieth century both men and women felt that these private and public issues could not be overcome, and therefore caused them to feel ‘trapped’ (Mills 1959: 3). Furthermore, public issues and private troubles are still prominent in th e early twenty-first century, and thus individuals still feel as though they are unable to escape, and are confined to their private troubles. Mills’ description of the distinctions and connections between private troubles and public issues explains the way in which they can have an effect on a society. According to Mills, personal troubles ‘occur within the character of the individual and within the range of his immediate relations with others’ (1959: 8). It is distinctly private and exists within oneself together with areas of social life that theShow MoreRelatedIn His Account of the Sociological Imagination, C. Wright Mills (1959) Distinguishes Between ‘Private Troubles’ and ‘Public Issues’. Discuss in Relation to Domestic Violence.746 Words   |  3 PagesDomestic violence (at a glance) is considered to be a private matter; it is something that occurs between couples in the privacy of their homes and affects the individuals involved personally (Knoblock, 2008). But if we look closer, domestic violence is largely driven by social forces and structures (Furze, Savy, Brym, Lie , 2008). Ideologies and social norms about men and women such as patriarchy and gender inequalities contribute greatly to the occurrence of domestic violence in society. Hence CRead MoreThe Sociological Imagination And Me Essay1343 Words   |  6 PagesThe Sociological Imagination and Me Charles Wright Mills was a writer, a researcher, a teacher, a scholar and a well known sociologist. He was the author of the 1959 book, The Sociological Imagination. This book was poorly received by the sociological community at first, but it is one of the most widely read sociological texts today. The Sociological Imagination and Mills’ other works have had an immense impact on sociology, as he influenced many other scholars and the â€Å"New Left† movement of theRead MoreSociological Imagination By C. Wright Mills942 Words   |  4 PagesWright Mills (1959) â€Å"enables its possessor to understand the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals† (p.5) Mills in this book of The Sociological Imagination explains how society shapes the people. Mills wants people to be able to use sociological imagination to see things in a sociology point of view, so they can know the difference between p ersonal troubles versus personal issues. Personal troubles and public issues helpRead MoreSociological Imagination Summary1307 Words   |  6 PagesAns: In the book â€Å"The Sociological Imagination†, the author C. Wright Mills begins by describing the perilous situation of the American man during the 1950s. He describes they situation as one of internment and frailty. Mills sees men as restricted by the routines of their daily lives. They go to their jobs and become workers, they go home and are family men. The American men of the 1950s were in a state of powerlessness due to the effects of World War Two and the looming threat of nuclear warfareRead MoreEssay on C. Wright Mills: Personal Problems and Public Issues792 Words   |  4 PagesC. Wright Mills, the radical Columbia University sociologist who died 50 years ago (March 20, 1962), has been defined by some as the pioneer of the new radical sociology that emerged in the 1950s, in which his book, The Sociological Imagi nation (1959), has played a crucial role (Restivo 1991, p.61). Mills was a meticulous researcher and his writing combined outrage and analysis, but he did not wanted to be what he called a sociological bookkeeper. Moreover, C. Wright Mills argued that perhaps theRead MoreAnalysis Of The Poem Goodbye At Factory Towns By Maynard Seider1170 Words   |  5 Pageswas that visitors and artists would stimulate the economy and possibly attract related businesses. The documentary views how successful MASS MoCA truly was and shows that, although the museum did help boost the economy, the town still struggles with issues such as unemployment and poverty today. Towns that intend to get back on their feet again after an economic downfall can be found across the globe and such situations can most definitely, and should most definitely, be looked at in a sociologicalRead MoreWhat Can We Do? Becoming Part Of The Solution1619 Words   |  7 PagesSociological Imagination is a concept first used by a well-known sociologist, C. Wright Mills, in 1959. In Mills article, The Promise, indicates that, The sociological imagination enables its possessor to understand the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals(Mills, 3). Sociological imagination helps individuals to contemplate their own troubles in a deeper level and view their daily routines in an entirely new perspectiveRead MoreOf The Sociological Imagination In Georges Dubys Madame Bovary1380 Words   |  6 PagesMills, an American sociologist, had a sociological concept called the â€Å"sociological imagination†. Mills described sociological imagination as â€Å"the inner life and the external career of a variety of individuals.† (Mills). He meant that people should look at the society rather than focusing our individual lives. In this essay, I will be addressing more in depth of Mill’s concept of sociological imagination, th e role of women in France from the 19th century and how it refers to Georges Duby’s film â€Å"MadameRead MoreThe Promise Of Sociology, By Charles Wright Mills1133 Words   |  5 Pagesproduces the mode of production. Mode of production is a system that determines the way societies survive and remain functioning. â€Å"The Promise of Sociology written by Charles Wright Mills explains that most men are unable to comprehend the effects of cultural and sociological changes that it can have on their lives. Mills introduces a concept that involves sociological imagination. Sociological imagination is the ability to see things socially and how they interact or show expressions to each otherRead MoreSociological Imagination1017 Words   |  5 Pagesexplained many different ways. A simple way to think of the sociological imagination is to see it as a way a person thinks, where they know that what they do from day to day in their private lives (like the choices they make), are sometimes influenced by the larger environment in which they live (Mills 1959, 1). What C.W. Mills meant by this concept is that it is the ability to â€Å"understand the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals†

Course Project †Walt Disney Free Essays

Walt Disney Company Adriana Arroyo Course Project ACCT 307 August 19, 2012 Professor Stuart Thomas TABLE OF CONTENTS Fiscal Year 2011 Annual Financial Report consolidated statements of income4 consolidated balance sheets5 consolidated statements of cash flows6 consolidated statements of shareholders’ equity7 Required Questions [1] What is the amount of property and equipment on the balance sheet for the two most recent years? What is the amount of depreciation expense? What amounts are on the cash flow statement for the most recent year that relate to depreciation, gains and sales of property and equipment, and purchases and sale of property of equipment? What amounts are permitted  for inclusion in the capitalized cost of property and equipment? 8 [2] Looking at the footnote disclosures of the company, what are the individual components of property and equipment? For example, what are the amounts for land, building, equipment, accumulated depreciation, and so forth? How do companies account for nonmonetary exchange and dispositions of property and equipment? [3] Does the company have intangible assets? If so what are the types of intangible assets (patent, copyrights, etc. ) and their amounts? What is the amount of amortization expense? What amounts on the most recent cash flow statement relate to the purchase and sale of intangible assets? How do intangible assets differ from property and equipment? What costs do we include in intangible assets ? 9 [4] Goes the company have goodwill? What are the footnote disclosures relating to goodwill and the related acquisition? Please also describe the calculation of goodwill and how we account for differences between fair value and book value of assets acquired. 10 [5] What are the company’s depreciation methods? What is the range of estimated useful lives used for depreciating their assets? Does the company use the same depreciation methods for financial statements and tax returns? If not, please describe the methods used for tax purposes. We will write a custom essay sample on Course Project – Walt Disney or any similar topic only for you Order Now 11 [6] What are the company’s footnote disclosures relating to impairment? Please also describe how to determine if an impairment exists and how to calculate the impairment loss. 1 [7] What are the amounts and descriptions for the company’s current liabilities for the most recent year? Does the company have any contingent liabilities? If yes, please describe. What are the three categories of contingent liabilities and the treatment for each type? Does the company have any subsequent events disclosed in their footnotes? If so, please describe them. 12 [8] What are the amounts and descriptions for all of the company’s long-term liabilities on their balance sheet for the most recent two years? What is the interest expense for the two most recent years? What amounts are included in the cash flow statements for proceeds from issuance of debt and repayment of debt for the most recent year? For each note payable discussed in the footnotes disclosures, what is the interest rate, total amount borrowed, and maturity date? 12 [9] Does the company have bonds payable? If so, what are the amounts? Please also describe how bonds payable differ from notes payable and how to account for the issuance of bonds at par, at a discount, and at a premium. How is the discount and premium amortized? What is the effective interest method? 14 [10] Does the company have capital leases? If so, what are the amounts and terms of the leases? What are the four criteria for a lease to be considered a capital lease? What are the additional criteria for the lessor? What is the difference between a sales-type lease and a direct financing lease? 15 Bibliography 18 The Walt Disney Company financial analysis details the finances of the company. The analysis includes a brief summary of the company’s history and important financial information to determine the value of the company. Walt Disney Company was founded on October 16, 1923 by Walt and Roy Disney as Disney Bros. Studios which was then incorporated. Their headquarters are located in Burbank, California. Walt Disney Company has five business segments which are Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive Media. These segments were created to support and enhance the original business model as a studio producing animated shorts and full length films. Each segment adds new and additional paths to market that together ensure the company fulfills its mission. What is the amount of property and equipment on the balance sheet for the two most recent years? What is the amount of depreciation expense? What amounts are on the cash flow statement for the most recent year that relate to depreciation, gains and sales of property and equipment, and purchases and sale of property of equipment? Parks, resorts, and other property are tangible assets that are held by an entity for the use in production or supply of goods and services, for rental to others, or for administrative purposes which are expected to provide economic benefit for more than a year. Walt Disney Company’s parks, resorts, and other property amount for the fiscal year of 2011 was $35,515,000 with an accumulated depreciation of $19,572,000. This is an increase from 2010 where parks, resorts, and other property was $32,875,000 and the accumulated depreciation was $18,373,000. The Statement of Cash Flows provides information about a company’s cash receipts and cash payments during an accounting period which shows how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position. The depreciation and amortization for the fiscal year of 2011 was $1,841,000. The gains on dispositions are $75,000 for 2011. Looking at the footnote disclosures of the company, what are the individual components of property and equipment? For example, what are the amounts for land, building, equipment, accumulated depreciation, and so forth? How do companies account for nonmonetary exchange and dispositions of property and equipment? According to the footnotes, the individual components of property are attractions, which are located in the Parks, Resorts, and Other Property, buildings and improvements, leasehold improvements, land improvements, and furniture, fixtures, and equipment. The cost for each of them for the past two years are as followed: Name| 2011| 2010| Attractions, buildings, and improvements| $17,662,000| $15,998,000| Leasehold improvements| 650,000| 644,000| Furniture, fixtures, and equipment| 13,746,000| 12,575,000| Land improvements| 3,727,000| 3,658,000| Total| $35,515,000| $32,875,000| The accumulated depreciation for 2011 was $19,572,000 where in 2010 it was $18,373,000. Does the company have intangible assets? If so what are the types of intangible assets (patent, copyrights, etc. ) and their amounts? What is the amount of amortization expense? What amounts on the most recent cash flow statement relate to the purchase and sale of intangible assets? How do intangible assets differ from property and equipment? What costs do we include in intangible assets? Walt Disney Company is required to test goodwill and other indefinite lived intangible assets for damage on an annual basis. The Statement of Financial Accounting Standards Number 142 requires that goodwill is allocated to various reporting units. At the end of each fiscal year, the company performs an annual damage test for goodwill and other indefinite lived intangible assets which include FCC license and trademarks. Amortizable intangible assets are usually amortized using the straight line method and the useful life is up to forty years. The costs to periodically renew Walt Disney’s intangible assets are expensed as incurred. The company also determined that there are currently no legal, competitive or economic factors that will materially limit the useful life of FCC licenses and trademark. The total amount of goodwill is $29,266,000. The goodwill and intangible assets by segment are as followed: Name| 2011| 2010| Media Networks| $17,421,000| $17,442,000| Parks and Resorts| 172,000| 171,000| Studio Entertainment| 6,498,000| 6,416,000| Consumer Products| 3,715,000| 3,699,000| Interactive Media| 1,330,000| 1,323,000| Corporate| 130,000| 130,000| Total| $29,266,000| $29,181,000| The net amortizable intangible assets total is $3,161,000. Intangible assets are assets that are not physical but intellectual property. For example, patents, trademarks, and copyrights are examples of intangible assets. It can be classified as either indefinite or definite depending on the specifics of the asset. However, property and equipment is a physical asset that is important to business operations but cannot easily be liquidated. The value of this asset is depreciated over an estimated life. What are the footnote disclosures relating to goodwill and the related acquisition? Please also describe the calculation of goodwill and how we account for differences between fair value and book value of assets acquired. The footnote disclosures relating to goodwill are under Acquisitions. Marvel Entertainment, Inc. , a character-based entertainment company, is required to allocate the purchase price to tangible and identifiable intangible assets obtained and liabilities assumed based on their fair values. The excess of the purchase price over those fair values is recorded as goodwill. This reflects the value to Disney from leveraging Marvel intangible asset. The goodwill recorded as part of this acquisition is not amortizable for tax purposes. Goodwill can be calculated by using one of the three methods which are average profit method, super profits method, and capitalization method. By using the average profit method, goodwill is calculated on the basis of the average profit of previous years. The formula is Goodwill = Average Profit x Number of Years Purchase. The next method, super profits method, is a method which tries to measure the capital needed for earning a super profit. There are three steps to this method which are as followed: [1] Normal Profits = Capital Invested x Normal Rate of Return / 100 [2] Super Profits = Actual Profits – Normal Profits [3] Goodwill = Super Profit x Number of Years Purchased The final method to calculate goodwill is capitalization method which is the whole value of the company is calculated by capitalization of the average or actual profits. The formula is Goodwill = [Actual Profits / Normal Rate of Return] x 100 (Study Test Time). What are the company’s depreciation methods? What is the range of estimated useful lives used for depreciating their assets? Walt Disney Company uses the straight line method for depreciation. According to Stock Analysis on Net, the estimated useful lives for attractions: 25-40 years, buildings and improvements: 20-40 years, leasehold improvements: life of lease or asset life if less, land improvements: 20-40 years, and furniture, fixtures, and equipment: 3-25 years. What are the company’s footnote disclosures relating to impairment? Please also describe how to determine if impairment exists and how to calculate the impairment loss. Walt Disney Company recorded $33 million for Studio Entertainment and $22 million for Interactive Media creating a total of $55 million in restricting and impairment charges during 2011 for compensation and amenities costs. While in 2010, they recorded $151 million for Studio Entertainment, $95 million for Media Networks, and impairment charges of $132 million generating a total of $270 million in restricting and impairment charges. What are the amounts and descriptions for the company’s current liabilities for the most recent year? Does the company have any contingent liabilities? If yes, please describe. What are the three categories of contingent liabilities and the treatment for each type? Does the company have any subsequent events disclosed in their footnotes? If so, please describe them. Walt Disney’s current liabilities are the total obligations incurred as part of normal operations that are expected to be paid during the financial period. The current liabilities are accounts payable and other accrued liabilities, current portion of borrowings, unearned royalties and other advances. The company is involved with legal proceedings and has accrued estimates of the probable and estimable losses for the resolution of these claims. They are also certain contractual arrangements that would require the company to make payments or provide funding if specific situations occur. On May 19, 2004, Celador International Ltd. , an associate of the television program â€Å"Who Wants to be a Millionaire,† filed a lawsuit against Walt Disney Company and some of its branches, which included the American Broadcasting Companies, Inc. nd Buena Vista Television, LLC, stated that Walt Disney Company did not pay the their share of the profits. On July 7, 2010, the jury announced their verdict for breaching the contract against certain branches of the Walt Disney Company and awarding $269. 4 for the plaintiff in damages. Walt Disney Company believed the jury’s verdict is wrong and is trying to pursue an appeal. What are the amounts and descriptions for all of the companyâ₠¬â„¢s long-term liabilities on their balance sheet for the most recent two years? What is the interest expense for the two most recent years? What amounts are included in the cash flow statements for proceeds from issuance of debt and repayment of debt for the most recent year? For each note payable discussed in the footnotes disclosures, what is the interest rate, total amount borrowed, and maturity date? In the section of Liabilities in the Balance Sheet provides creditors, investors, and analysts with information on company’s resources and its sources of capital. It also provides information about the future earnings amount of a company’s assets along with cash flows that may come from receivables and inventories. The long term liabilities are the total obligations incurred as part of normal operations that is expected to be repaid beyond one year or business cycle. Walt Disney Company’s long term liabilities increased from 2010 to 2011. The total long term debt for 2011 was $12,454,000 and deferred income taxes were $3,150,000. For 2010, the total long term debt was $12,582,000 and deferred income taxes were $3,206,000. The income statement provides information on the financial results of the company’s business activities over a period of time. It also communicates how much revenue the company generates during a period and what cost it has incurred that connects with generating that revenue. The interest expense for the fiscal year of 2011 was $343 million and for 2010 was $409 million. The amounts that are included in the cash flow statements for proceeds from issuance of debt and repayment of debt for the fiscal year of 2011 are commercial paper borrowings was $393 million, borrowings was $2,350 million, and reduction of borrowings was $1,096 million. Under Note 9: Borrowings, there is an outline for each of the notes ayables. Commercial paper debt outstanding, which is a short term unsecured promissory notes issued by companies, was at $1. 6 billion by October 1, 2011. In February 2011, the company agreed to another four-year $2. 25 billion bank facility with a group of leaders which will mature by 2013. At the end of the fiscal year, the company has a shelf registration statement which allows the Walt Disney Company to issue various types of debt, for example fixed or floating rate notes, US dollar or foreign currency, redeemable notes, global notes, and dual currency. Another note payable is U. S. Medium Term Note Program where the total debt outstanding was $8. 4 billion. The maturities of current outstanding borrowings rang between one to eight two years and the interest rate ranges from 0% to 7. 55%. European Medium Term Note Program is another note for the issuance of various types of debt that include fixed or floating rate notes, U. S. dollar or foreign currency denominated notes, redeemable notes, or dual currency notes. It matures in 2013 and has an interest rate of 1. 65%. Next, is Other Foreign Currency Denominated Debt where the company has a credit agreement in Canadian dollars which matures in 2013 and has an interest rate of 1. 42%. Lastly, Capital Cities/ABC Debt has an outstanding balance of $114 million, matures in 2021, and has an interest rate of 8. 75%. Does the company have bonds payable? If so, what are the amounts? Please also describe how bonds payable differ from notes payable and how to account for the issuance of bonds at par, at a discount, and at a premium. How is the discount and premium amortized? What is the effective interest method? Walt Disney Company issued corporate 30 year bonds in this fiscal year. These bonds are high quality long term and are worth $600 million. A note payable is a written agreement between a lender and a borrower to pay stated sums of money at future dates, classified a current or non-current of the balance sheet date. Bonds payable are a long term liability account containing the face amount, par amount, or maturity amount of the bonds issued by a company that are outstanding as of the balance sheet date. If the coupon rate of a bond matches with the market rate of interest when the bonds are actually sold to investors, then the bonds will sell at par value. Bonds are issued at a discount when the coupon interest rate is below the market interest rate which leads to the company receiving less cash than the face value of the bonds. A bond will trade at a premium when it offers a coupon rate that is higher than current interest rates. When bonds are sold at a discount or premium, the interest rate is adjusted from the face rate to an effective that is close to the market rate when the bonds were issued. It is important to amortize the discount or premium bonds over the life of the bonds by using the straight line method which allocated a fixed portion of the bond discount or premium each interest period to adjust the interest payment to interest expense. When a bond is sold at a discount, the amount of the bond discount is amortized to interest expense over the life of the bond. According to Investopedia, the effective interest method is the practice of accounting for the discount at which a bond is sold as an interest expense to be amortized over the life of bond (Investopedia, 2012). In other words, the effective interest method is a technique for calculating the actual interest rate in a period based on the book value at the beginning of the accounting period. Does the company have capital leases? If so, what are the amounts and terms of the leases? What are the four criteria for a lease to be considered a capital lease? What are the additional criteria for the lessor? What is the difference between a sales-type lease and a direct financing lease? Walt Disney Company carries a capital lease obligations of $288 million in the fiscal year of 2011 and $224 million in the fiscal year of 2010. They have non-cancelable capital lease which is mainly for land and broadcast equipment. The future payments for the leases are as followed: 2012 $70 2013 $59 2014 $51 2015 $60 2016 $27 Thereafter $519 Total minimum obligations $786 Less amount representing interest ($480) Present value of net minimum obligations $306 Less current portion ($18) Long-term portion $288 (The Walt Disney Company, 2012) In order for a lease to be considered a capital lease the four criteria are [1] title of the asset passes automatically from the lessor to the lessee at the end of the lease term, [2] lease contains a bargain purchase option under which the lessee may acquire the leased-asset at less than its fair market value of the end of the lease terms, [3] lease term is for a period longer than 75% of the estimated economic life of the asset, or [4] the present value of the lease payments is greater than 90% of the fair market value of the asset at the beginning of the lease term. The additional conditions for the lessor are [1] the collectability of minimum lease payments is assured and (2) no important uncertainties surround the amount of un-reimbursable costs yet to be incurred. Sales-type lease is a lease where a company rents its own assets that it needs to run its business. This lease is used when a manufacturer is leasing a property or the usage of property. Because the lessee receives the use of property in exchange for payments and assumes the liability for the asset, the lease looks like the purchase of an item. However, the lessor expects the lessee to return the equipment or provide payment for its purchase when the expiration of the lease is up. On the other hand, direct financing lease is a lease agreement where the lessor obtains equipment for the purpose of leasing it and generating revenue through interest payments. The lessor is not a manufacturer or dealer and the lessor purchases the property only for the purpose of leasing it. The main difference between sales-type leases and direct financing lease is the value of the lease in relation to the property. In a sales-type lease, the lessor records a profit or loss on a property based on the amount of payments received. On the contrary in the direct financing lease, the lessor only earns profit on the interest from sending out payment amounts. Today, Walt Disney Company operates under a new and reengineered model that has worked to increase revenues by creating and exploring original across their five business segments. The company is developed on tradition with a well-defined vision for the future and continues to distinguish itself among other companies. As the company moves forward, they have a solid financial profile which will provide the company constant financial flexibility. Bibliography Investopedia. (2012). Retrieved August 2012, from Effective Interest Method: http://www. investopedia. com/terms/e/effective-interest-method. asp#axzz23eVWKTSl The Walt Disney Company. (2012, January). Retrieved August 2012, from Fiscal Year 2011 Annual Financial Report and Shareholder Letter: http://cdn. media. ir. thewaltdisneycompany. com/2011/annual/WDC-10kwrap-2011. pdf Study Test Time. (n. d. ). Retrieved August 2012, from Methods of Valuation of Goodwill: http://www. studytesttime. com/about-goodwill/10-methods-of-valuation-of-goodwill How to cite Course Project – Walt Disney, Papers

Charlemagne S Appreciation Of Essay Research Paper free essay sample

Charlemagne S Appreciation Of Essay, Research Paper Charlemagne s Appreciation of Learning 1. Why was Charlemagne so dying to raise the educational criterions of both the clergy and temporalty of his imperium? 2. Why has Charlemagne been regarded as one of the greatest male monarchs of the Early Middle Ages? Carolus or besides called Charles the Great male monarch of the Franks was a strong leader who unified Western Europe through military power and the approval of the Church. His belief in the demand for instruction among the Frankish people brings about spiritual, political and educational reforms that would alter the history of Europe. Charlemagne was so dying to raise the educational criterions of both the clergy and temporalty of his imperium because he felt that it was his spiritual responsibility so they can understand and could learn the religion to others. It was necessary for the church to play a function in the instruction of the people because merely the clergy were educated. We will write a custom essay sample on Charlemagne S Appreciation Of Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Christian instruction imparts a new kind of cognition and lay down a new rule of action. He besides wanted to raise the educational criterions to construct up the Western Empire. He believes that the church should be reformed and be reorganized under to assist him lift to power. Charlemagne desire to distribute the Christian faith was to hold the people live harmonizing to the word of God. The church pla yed a function in the growing of the land ; it gave it a sense of strength. Charlemagne recognized the importance of instruction non merely of distributing it throughout his land, but besides of larning for himself the ability to read and compose Latin and Greek. His desire for personal cognition, and to educate the people read him to establish the church as his place. Charlemagne stressed the importance of instruction for everyone. Charlemagne was regarded as one of the greatest male monarchs of the Early Middle Ages, because he united the Christian lands of Western Europe and steadfastly established the power of the church. His motive to pattern spiritual and to hold his whole imperium follow him. He ruled the province every bit good as the church. He worked on developing a new political organic structure. He places tremendous power and position at the service of Christian philosophy, the instruction of Latin, the copying of books, and the regulation of jurisprudence. For all his of import accomplishment of the imperium, puting up schools for preparation of clergy and temporalty he was looked upon for that. Charlemagne was an progressive leader who restored the roots of instruction and seting order in the Western Europe. His rebuilding of the power of the Pope, the growing of the church. Charlemagne was a male monarch who was wiser than any other leaders of his clip, he was so determined and forceful leader who neer let nil halt him one time he begun something.