Final Project free essay sample

Is online shopping better for the environment, or could it be worse? Considering the likelihood of online shopping to be widely adopted, the environmentally-friendliness of such retail alternative, in terms of transportation, packaging and warehousing, will be analyzed and discussed in this research paper. Introduction Online shopping has increasingly entrenched in consumer culture. About 4. 2% of purchases were done with a computer or hand-held device in 2011, compared with 3. 3% in 2008 (U. S. Senses Bureau, 2011).While concerns about the environmental impact of online retail have been raised, there IS no general consensus on the environmental impact of online retail versus rotational retail model (Crawford, 2012). The general public tends to think that the difference between the two models IS quite insignificant since the energy used to operate the computer would offset the energy saved from not having to pick their goods up. Yet, Jerry Starch, the CEO of Toys, however, said online shopping is very unseen. The net cash flow provided by operating activities in relation to the company’s liabilities is helpful in making this assessment. Two ratios used in this regard are the current cash debt ratio 243 244 and the cash debt ratio. In addition, the amount of free cash flow provides creditors and stockholders with a picture of the company’s financial flexibility. Determine which balance sheet information requires supplemental disclosure. Four types of information normally are supplemental to account titles and amounts presented in the balance sheet: (1) Contingencies: Material events that have an uncertain outcome. Accounting policies: Explanations of the valuation methods used or the basic assumptions made concerning inventory valuation, depreciation methods, investments in subsidiaries, etc. (3) Contractual situations: Explanations of certain restrictions or covenants attached to specific assets or, more likely, to liabilities. (4) Fair values: Disclosures related to fair values, particularly related to financial instruments. Describe the major disclosure techniques for the balance sheet. Companies use four methods to disclose pertinent information in the balance sheet: (1) Parenthetical explanations: Parenthetical information provides additional information or description following the item. (2) Notes: A company uses notes if it cannot conveniently show additional explanations or descriptions as parenthetical explanations. (3) Cross-reference and contra items: Companies â€Å"cross-reference† a direct relationship between an asset and a liability on the balance sheet. (4) Supporting schedules: Often a company uses a separate schedule to present more detailed information than just the single summary item shown in the balance sheet.