Business
Introduction and thesisOpposing and qualifying ideasStrong evidence in support of claimStyle and tone of languageA compelling conclusionCreating an Introduction and ThesisThe argumentative essay begins with an engaging introduction that presents the general topic. The thesis typically appears somewhere in the introduction and states the writers point of view.A Tip: Avoid forming a thesis based on a negative claim. For example, The hourly minimum wage is not high enough for the average worker to live on. This is probably a true statement, but arguments should make a positive case that affirms something. Instead of arguing something is not, an argument essay is stronger when it asserts something is Returning to the example above, a stronger thesis could focus on how the hourly wage is low or insufficient.Acknowledging Opposing Ideas and Limits to Your ArgumentBecause an argument implies differing points of view on the subject, you must be sure to acknowledge those opposing ideas. Avoiding ideas that conflict with your own gives the reader the impression that you may be uncertain, fearful, or unaware of opposing ideas. Thus it is essential that you not only address counterarguments but also do so respectfully.Try to address opposing arguments earlier rather than later in your essay. Rhetorically speaking, ordering your positive arguments last allows you to better address ideas that conflict with your own, so you can spend the rest of the essay countering those arguments. This way, you leave your reader thinking about your argument rather than someone elses. You have the last word.Acknowledging points of view different from your own also has the effect of fostering more credibility between you and the audience. They know from the outset that you are aware of opposing ideas and that you are not afraid to give them space.It is also helpful to establish the limits of your argument and what you are trying to accomplish. In effect, you are conceding early on that your argument is not the ultimate authority on a given topic. Such humility can go a long way toward earning credibility and trust with an audience. Audience members will know from the beginning that you are a reasonable writer, and audience members will trust your argument as a result. For example, in the following concessionary statement, the writer advocates for stricter gun control laws, but she admits it will not solve all of our problems with crime:
California Company included the following items in its financial statements for , the current year (amounts in millions):Payment of long-term debt ......$17,300 Dividends paid ...........$225 Proceeds from Issuance Net sales:of common stock 8,425 Current year 35,000Total liabilities: Preceding year 78,000 Current year-end 32,319 Net income:Preceding year-end 38,039 Current year 9,011 Total stockholders' equity Preceding year 2,010 Current year-end 23,473 Operating income:Preceding year-end 14,037 Current year 9.126Long-term liabilities 6,665 Preceding year 4,004 Requirement:Use DuPont Analysis to calculate 's return on assets and return on common equity during (the current year). The company has no preferred stock outstanding. Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA for 2018.
On January 1, 2016, Rapid Airlines issued $200 million of its 8% bonds for $184 million. The bonds were priced to yield 10%. Interest is payable semiannually on June 30 and December 31. Rapid Airlines records interest at the effective rate and elected the option to report these bonds at their fair value. On December 31, 2016, the fair value of the bonds was $188 million as determined by their market value in the over-the-counter market. Rapid determined that $1,000,000 of the increase in fair value was due to a decline in general interest rates.Required:1. Prepare the journal entry to record interest on June 30, 2016 (the first interest payment).2. Prepare the journal entry to record interest on December 31, 2016 (the second interest payment).3. Prepare the journal entry to adjust the bonds to their fair value for presentation in the December 31, 2016, balance sheet.
Fast Co. produces its product through two processing departments. Direct materials are added at the start of production in the Cutting department, and conversion costs are added evenly throughout each process. The company uses monthly reporting periods for its weighted-average process costing system. The Work in Process Inventory-Cutting account has a balance of $89,300 as of October 1, which consists of $18,600 of direct materials and $70,700 of conversion costs. During the month, the Cutting department incurred the following costs: Direct materials$141,150Conversion 915,400At the beginning of the month, 32,500 units were in process. During October, the company started 145,000 units and transferred 155,000 units to the Assembly department. At the end of the month, the Cutting department's work in process inventory consisted of 22,500 units that were 80% complete with respect to conversion costs.Required: 1. Prepare the company's process cost summary for October using the weighted-average method. 2. Prepare the journal entry dated October 31 to transfer the cost of the completed units to finished goods inventory
The following accounts and balances are taken from Anstett Company's adjusted trial balance:Accounts Payable $10,000Accounts Receivable 3,000Accumulated Depreciation 1,800Depreciation Expense 1,800Dividends 2,000Insurance Expense 2,300Interest Revenue 1,340Prepaid Insurance 2,320Retained Earnings 10,100Salary Expense 25,100Service Revenue 37,800What is the ending balance in Retained Earnings after the closing entries are completed?A $15,720B $20,040C $18,240D $18,040
As of December 31, 2021, Purdue Corporation reported the following: Cash dividends payable$29,000 Treasury stock 690,000 Paid-in capitalshare repurchase 29,000 Common stock and other paid-in capital accounts 4,900,000 Retained earnings 3,900,000 During 2022, half of the treasury stock was resold for $258,000; net income was $690,000; cash dividends declared were $590,000; and small stock dividends declared and distributed were $418,000. What would shareholders' equity be as of December 31, 2022?