Triple Steel Corporation Essay Example | Topics and Well Written Essays - 2000 words

Triple Steel Corporation - Essay Example As the discussion highlights in the initial assessment of the company, the current assets of the company have declined as the total worth of the company has also deteriorated comparing from the last year results. Since the revenue of the company has reduced by 2.37 Million as compared to last year, the assets of the company have also decreased but not in the same proportion. The cash and cash equivalents have decreased by 1% while the trade receivables have reduced by almost 60% which does not correspond with the loss decline in the revenue for the current year which was only 11%. The inconsistency between the two corresponding figures requires some additional concern over revenue and receivables. This paper outlines that   the inventory of Triple Steel has not decreased by the same proportion as the closing stock of the company stood at 3.55 Million which was down by 14% while the cost of goods sold was up by 1%. It has also been identified that the company has used two different methods of valuation of inventory at the year end as the method of valuation of inventory must remain constant throughout the year. In addition, the IAS doesn’t allow the use of Last-in-first-out method of valuation of inventory. The prepaid tax and insurance figures saw a decline by 23.53% as the revenue has also declined for the company and the company also incurred a loss of 49,000 this year compared to the profit of 1.795 Million last year. The property, plant and equipment of the company have increased by 3.7% which includes the purchase of land, building, equipment and machinery during the year. This has also given rise to the depreciation expense of the year which was nearly 8.8%. This may be because of the depreciation method used by the company such as the reducing balance. The current liabilities of the company have increased by 16.15% which include major increase in the amount of accounts payable which has increased by nearly 14%.

Death Investigations Assignment Example | Topics and Well Written Essays - 1250 words

Death Investigations - Assignment Example Mechanisms of death, on the other hand, are the preceding situations after the cause of death, for instance, is a person was shot on the head and the gunshot caused brain hemorrhage which leads the deceased to succumb to the injuries then blood hemorrhage is a mechanism of death. Mechanisms of death are not first degree factors that lead to death there must have been an initial incident which is a cause of death that will lead to mechanisms of death which will eventually transpire to the death of a person. Natural death is simply death, which is occasioned by natural causes such as terminal illness, ageing or situations like heart failure. This category of death is where the body of a human being ceases to function in its own without any external factor contributing to the same. It is commonly associated with the lifespan of an ideal human being when the body organs have performed their duties to their best capacity, and they would not function anymore. Homicide is where a person decided to take the life of another person purposely because of inherent reasons. This can be staged in a number of ways but the main point with homicide it is clearly planned and executed by those involved to kill innocent people in cold blood either by attacking him/her or using any physical or scientific means to execute the murder. Homicide may result from a person being poisoned by others or killed by police who were trailing maybe suspected gangsters, etc.. Suicide is a self-inflicted death that is purposely done by a person who wants to inflict self-harm or ultimately kill him/her through hanging, gunshot or even drug overdose.