U.s. Health Care System With Japan - 1088 Words

Comparison of the U.S. Health Care System with Japan Introduction Healthcare is a major sector in any country since it determines the health condition of the population. In most countries, the government is charged with the responsibility of safeguarding the well-being of its citizens. In the U.S., for instance, the Liberals believe that it is the obligation of the government to provide people with good health services, whereas the Conservatives prefer them to be privatized (Blahous, 2015). The focus of this study is to compare the healthcare status of the United States of America to that of Japan. The choice of Japan was majorly determined by its economic power, given that it is a developed nation with a tiger economy. Additionally, just†¦show more content†¦Life expectancy at birth recorded at 83.2 and mortality rates are high among the aged due to cardiovascular diseases as well as cancer (Organization for Economic Co-operation and Development [OECD], 2014). Other risks to health include tobacco smoking and alcoholism. Obesity appears a mong the aged at 3.6% (OECD, 2014). In comparison, it is evident that life expectancy in Japan is higher than in the U.S. and the same applies to child mortality where Japan records lower infant deaths. Apparently, the United States spends a lot of funds to cater for the health of a single person, thus spending much of its GDP on healthcare as compared to Japan. Evidently, Americans are more prone to lifestyle diseases such as obesity, which happens to be common among young people as well as the older generation. Healthcare Financing In the US, a portion of medical services is taken care of by employers as well as by individuals. Moreover, the government has developed programs such as Medicare that cater for both disabled and elderly supported by federal funds (Blahous, 2015). Further, the state and federal funds help support Medicaid that caters for individuals with low income. The Affordable Care Act declares that individuals should not be denied health cover due to their pre-existing health conditions (Elhauge, 2015). It also forbids the insurance companies from dropping people with the

Exm 2557 Submit Essay - 11649 Words

National Institute of Business Management Chennai - 020 EMBA/ MBA Elective: Airline and Airport Management (Part -1) Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. Airline management practice has evolved significantly over the past three decades. The development of this practice has contributed to recent advances in computation and communication technologies and, more importantly, the need to reduce costs and increase revenues. Explain. 2. The Total Airport Management System (TAMS) is an integrated airport management system which supports the business goals of providing an efficient, cost effective operation as it is the nucleus on the Multimedia Super Corridor†¦show more content†¦Number of circuits and approaches are used for aeronautical billing and statistical purposes. A major point to bear in mind with the way is that the airlines/handling agents are also being updated on estimates of arrival and departure. Therefore it has to be agreed by all the party’s concerned on who will be responsible for the updating the information. Airlines and handling agents know of new flight information and if both parties’ have the ability to create new flights then a minute difference in time can create two flights instead of the one. ATC information can be used to create mandatory statistics required by some Government agencies such as the National Air traffic Service (NATS) who use the information for planning purposes and in some case for airspace usage. ATC Billing Information entered in ICAO format and UTC and consists of the following information: - Aircraft Registration Point of Entry into Air Space Point of Departure of Air Space Airport Point of Departure and/or Landing Times at the Different Points of Entry or Departure Aircraft registration is entered so that the aircraft type and weight can be used in the calculation of the fee. Airport of origin/destination or point of entry and exit are used in the calculation of the fee. Times are entered if entry and exit time in the FIR forms part of the billing calculation. Airline/Handling Agents Information can be entered by

Profit and Loss Income Statement

Question: Discuss about theProfit and Loss for Income Statement. Answer: Introduction One of the renounced financial statements commonly used by the financial experts and most of the business organisation is the income statement commonly known as the profit and loss statement. The importance of the profit and loss statement is that it reveals the profit earned by the company during the certain period of time that may be a period of 12 months. On the other hand, Balance Sheet of any company reveals the status of the assets, liabilities as well as the capital structure of the company at a particular point of time. This particular assignment is based on the assessment of the changes in the balance sheet of the King Edward VII College of the years 2014 and 2015. On the basis of the information given in the balance sheet the performance of the college is to be measured and to highlight the areas of changes as well as the to highlight the increase in 10% criteria as well as to report on the financial position of the college. Analysis of Balance Sheet of King Edward VII College and University for the Year Ending 2015 2014 After going through the balance sheet it has been noticed that there are many changes from the last year 2014 to this current year 2015. As per the given situation in the assignment it is needed to identify where there is an increase at the rate of 10% from 2014 to 2015. By going through the balance sheet of King Edward VII College it has been analysed that the financial position of the college has improved in comparison to the last year. Following are the areas where there is an increase in 10% criteria in the items present in balance sheet of King Edward VII college and university:- Endowment asset investment has increased by 10%. It has been noticed that the endowment asset investment is 162597 for the year 2014 where as it has increased to 179373 in 2015. (179373 - 162597 = 16776/162597*100 = 10.3%) Debtors have also increased by more than 10%. It has been identified that debtors are 78212 in the year 2014 where as it has increased to 89729 in the year 2015. It has been increased by roughly 14.73% in the year 2015. (89729 - 78212 = 11517/78212*100 = 14.73%) The creditor to whom the college is bound to pay within a year has also been increased by more than 10%. It has been followed that the creditors falling under this category amounts to 193328 in the year 2014 by it has been increased to 221164 in the year 2015. (221164 - 193328 = 27836/193328*100 = 14.40%) The total assets of the college reduced by the current liabilities of the college have also been increased by more than 10%. It has been identified that the total asset reduced by the current liabilities is 1009150 in the year 2014 where as it has increased to 1238061 in the year 2015. (1238061 - 1009150 = 228911/1009150*100 = 22.7%) The endowments in the nature of restricted permanent have increased by slightly more than 10% in the year 2015. It has been followed that the endowments in the nature of restricted permanent was 138314 in the year 2014 where as it has been increased to 153044 in the year 2015. (153044 - 138314 = 14730/138314*100 = 10.95%) These are the above mentioned criteria where the increase in 10% criteria has been increased. Financial Performance Based on the Profit and Loss Statement The profit and loss statement shows the profit of the company at the particular point of time. As per the profit and loss statement of the King Edward College it has been seen that the college has received its fund from the various sources such as fees for tuition as the educational contacts, endowment and investment earnings, some of the earnings has been generated from the operating incomes which has considerably been increased from the previous financial year 2013-14 to the current financial year 2014-15. The total income of the college has increased from 603,668 in the year 2013-14 to 684,225 in the year 2014-15. On the same way the expenditure has also been increased from 605,809 in the year 2013-15 to 640,449 in the year 2014-15. But the college has faced the loss of 2,141 in the year 2013-14 which the company turned into profit of 43,776 by providing the better service quality. The tax is not to be paid for the financial year 2013-14 the college faces a loss but it has t o be paid for the year 2014-15. Thus after all certain deductions the surplus generated by the college after depreciation and tax has also increased in the financial year 2014-15 which is really a good sign which shows that the financial position of the college is really improving. Identifying the Variances Higher than 10% After analysing the balance sheet it has been noticed that there are certain areas which has increased in comparison to the last financial year 2013-14 and the current financial year 2014-15. There are few areas which have been identified which meets the 10% criteria such as Endowment asset investment, Debtors, creditor followed by the total asset reduced by the current liabilities and endowment in nature of the restricted permanent. Comparison of the Performance It has been seen that the performance of the various campus of this college has been improved in the financial year 2014-15 in comparison to the last financial year 2013-14. This has been revealed in the income statement as well as the balance sheet of the college which gives a positive result about the company. By comparing the financial statements of the college it has been seen that the college has earned a profit in the current financial year in comparison to the precious year which is really a good sign. Recommended Solutions for the Expenditures Where the Variance is More It has been usually seen that the financial performance of the company has improved in comparison to the last year. But it has also been observed that there are certain expenditures which exceed the 10% criteria. The college should incur its expenditure in such a way that it should not be too high that in turn reduces the profit of the college. If the expenditure increases it is the fault of the management in utilizing the resources. Though the profit of the college has increased but the expense should be in its limit so that the college can incur more profit. Conclusion From the entire assignment it has been concluded that the financial performance of the college has improved but there are certain criteria where the expenditure has increased as a result of which the college has earned a profit but not as per the expectation. So it should be notified that in order to increase the profit the resources should be utilizes in such a way that the management can achieve the best out of it. Reference Bodie, Z. Merton, R. (2000)Finance. Upper Saddle River, NJ: Prentice Hall. Fraser, L. Ormiston, A. (2001)Understanding financial statements. Upper Saddle River, N.J.: Prentice Hall. Fridson, M. Alvarez, F. (2002)Financial statement analysis. New York: John Wiley Sons. Peterson Drake, P. Fabozzi, F. (2006)Analysis of financial statements. Hoboken, N.J.: Wiley. Robinson, T. (2009)International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Ross, S. et al. (2005)Corporate finance. Boston: McGraw-Hill/Irwin.

Overview of the Skeletal free essay sample

The purpose of this exercise is to learn the skeletal systems and the components associated with the system. I will be exploring the major types of bones and cartilage. Are there any safety concerns associated with this exercise? If so, list what they are and what precautions should be taken. Handle the microscope and the slides with care; when taking the chicken bone out of the oven use caution because the bone is extremely hot. The Chemical Components of Bone Questions A. Describe the effect that the lemon juice (acid) had on the chicken leg bone. The Lemon juice caused the bone to change colors and soften B. Describe the effect that baking (heat) had on the chicken leg bone. The bone is really dry and brittle; I also noticed the color of the bone changed C. Rickets is a disease where the bones are not formed completely in children due to a lack of Vitamin D. We will write a custom essay sample on Overview of the Skeletal or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Does the heated or acid-soaked bone represent a child with rickets? Explain why. The acid-soak bone represents a child with rickets, when the bones aren’t getting enough Vitamin D the bones softens and tend to bend. When the bones harden back up they stay in the shape it was bent when it was softened. Exercise 2: Microscopic Structure of Bone obseRvations Observe the structure of the Haversian system. Sketch what is seen and identify the following: central canal, lacunae, concentric lamellae, canaliculi and an osteocyte. See attached photo Questions A. Which part of the Haversian system was the hardest to see on the slide of compact bone? Why do you suppose this is? Osteocytes are the hardest part to see on the slide because they are so small. B. Which structures in the compact bone deliver nutrients to the osteocytes? Canaliculi deliver nutrients to osteocytes through haversian canal. C. Which structures are found inside the central canal? Cerebrospinal fluid; Spinal cord Exercise 3: Structure of a Long Bone obseRvations A. From step 4 in the procedures Observe the epiphysis. Identify as many of the following structures as possible: articular cartilage, compact bone, spongy bone and bone marrow. Make a sketch of the bone in the Lab Report and label the structures you identified. See Attached photo B. From step 5 in the procedures Observe the section of diaphysis. Identify as many of the following structures as possible: periosteum, compact bone, endosteum and bone marrow. Make a sketch of the diaphysis in the Lab Report and label the structures you identified. See Attached photo Questions A. How does the femur of the skeletal model compare to the diagrams in your textbook or this manual? The model and the diagrams match. The only difference is the sizes and the detail B. Using your chicken bone, how does the texture of articular cartilage (or hyaline cartilage) compare to that of periosteum? Note: Articular cartilage (made of hyaline cartilage) is found on the ends of the bones. It absorbs compression and allows for smooth movement. C. What is the function of spongy bone?