Meaning of Working Capital Essay Example for Free

Meaning of Working Capital Essay Working capital refers to the part of total capital which is required for day to day working of the business. The funds are required by the business for conducting its regular operations such as purchase of raw materials of finished goods, payment of wages manufacturing expenses, office and administrative expenses, selling distribution expenses. The funds necessary for making such regular payments of business is called Working Capital therefore have been defined as â€Å"the amount of funds necessary to cover cost of operating the enterprise. † The working capital of a business enterprise is measured on the basis of its funds locked up in various current assets such as inventors, accounts receivables and cash bank balance. 2.2 Definition of Working Capital– Various authorities have difined working capital in following manner. (1)â€Å"Working Capital is the amount of funds necessary to cover the cost of operating the buisness enterprise.â€Å"(Shuibn) (2)â€Å"Working Capital is the difference between the book value of the current assets.and the current liablities.â€Å"(Hoagland) 2.3 Circulating Capital– â€Å"Circulating capital means current assets of accompany that are changed in the ordinary course of business from into another, as for example from cash to inventories, inventories to receivables and receivables into cash.† Cash Raw Receivables Materials Finished goods Work-in-progress 2.4. Classification of Working Capital 1. Gross Working Capital5. Variable Working Capital 2. Net Working Capital 6. Balance Sheet Working Capital 3. Negative Working Capital 7. Cash Working Capital 4. Permanent Working Capital 2.5. Sources of Working Capital- The following are the some important of the sources of working capital.

Organs and Organ Systems to Organelles :: essays papers

Organs and Organ Systems to Organelles The human body consists of many different organs and organ systems, which are made up of billions of cells. Inside these cells there are à ¢Ã¢â€š ¬Ã…“tiny organsà ¢Ã¢â€š ¬,or organelles. These organelles act in many ways like the organs and systems of the body. To better understand the relationship between them, I am going to compare and contrast their differences and their similarities. The brain is the control center of the human body. It sends and receives messages to the rest of the body. The brain is made up of many different parts, and each part has its own job. The nucleus of a cell is very similar to the brain because it is the control center of the cell. It too sends and receives messages, only throughout the cell. The nucleus is made up of many other parts, which have all have special jobs also. The brain and nucleus are alike in several ways, but contrast in one primary area. The brain sends messages by neurons and electric impulses, while the nucleus does it by means of messenger RNA. The body has a shape that is contributed to by the muscular and skeletal systems. Bones provide the body with framework, and the muscles allow movement. The cell has similar organelles, the cytoplasm and the microtubules, which provide the cell with form. The microtubules are tube-like structures that act like bones do in humans, they give shape and support to the cell. The cytoplasm is a jelly-like substance that keeps things in place, and restricts the movement of organelles in the cell. The main difference between them is the fact that microtubules arenà ¢Ã¢â€š ¬Ã¢â€ž ¢t joined by anything like a ligament or a tendon and cytoplasm doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t contract like muscles do. The digestive system of the human body is made up of several organs that work together to break down food so it can be used in the body. Similar organelles in the cell are endoplasmic reticulum, ribosomes, and the golgi body. Endoplasmic reticulum is used in the synthesis of molecules entering the cell. The ribosomes produce protein and send them to the places in the cell that needs it. The golgi body is the à ¢Ã¢â€š ¬Ã…“packaging siteà ¢Ã¢â€š ¬. All three of thes organelles play an important role in processing molecules in the cell.

How the Digital World May Change Essay

The rapidly changing societies with constantly improving technology and occurrence of social digital technologies dramatically changed the way people communicate and interact with each other making them either â€Å"digital natives†, â€Å"digital residents†, â€Å"digital immigrants† or â€Å"digital visitors† based on their generation or familiarization with technology. More and more people today perceive the world as the complicated and mature network of computerized and online applications that help to communicate, search for, exchange and share information, make business with international partners, play games on distance, and many other purposes. Though, the question is whether digital natives and digital residents are the same in their perception of the world, behavior and life habits in the future? Behavior of Digital Residents Since personally I was born before 1994, I am related to the category of digital residents, who were born before the occurrence of social digital technologies. Such people like me learnt the computer and Internet-related skills either in schools or universities and have an opportunity to compare life and perception of the world before and after the digital world. Despite I am not a digital native, my behavior as a digital resident is already influenced by numerous technologies I am using daily like cell phone, computer, DVD player, iPod, etc. With occurrence of cell phones, for example, people became more flexible and mobile in their behavior, actions, plans and ability to communicate with their family members, friends and colleagues. Moreover, many people combine conversations by cell phone with other activities like cleaning the house, working on the computer, shopping or driving a car (Palfrey and Gasser, 2008). Recently more and more people, including me, prefer to make their personal or business calls while driving to the office, shop or gym. It might be a good way to use time efficiently, though at the same time might cause problems and distract a person from driving and being careful on the road. In one of his first video chapters Robert Schrag (2010) addressed exactly this issue when young people got used to talk by phone and type text messages while driving. Though, the main difference in such behavior between digital natives and digital residents is that the last ones are more careful, reasonable and less dependent on the technologies than digital natives are (Palfrey and Gasser, 2008). It might sound crazy, but computers, cell phones and other technology-related products became a mandatory and integral daily part of their lives. While as a digital resident I am less dependent, or better to say, obsessed with technology, the changing world of education and business requires being constantly aware and familiar with the latest technologies, either to learn the updated and useful information for my personal and professional development or to keep pace with younger people whose knowledge of languages, computers and technology-related applications make them more competitive at the labor market. Conclusion  As for the future behavior as a digital resident, it is rather hard to predict since more and more innovations enter our lives. For example, nowadays a debate exists concerning two main issues: human cloning and brain chips. Personally, I do not support either of these ideas since with their occurrence and legacy people will be controlled by those who created such innovations while the human being is independent self-thinker who is responsible for his/her own actions, has personal wishes and dreams and is unpredictable in his/her behavior. While digital world gives me more and more opportunity to learn the world and communicate with other people, at the same time it controls me more and more shaping my behavior in the way innovators and digital world creators want. I personally think that technology should be wisely and within certain limits without suppressing and eliminating the natural things and personal communication between people.

The Moral Knowledge Of Mary Shelley s Frankenstein Essay

Moral knowledge, a tricky subject to grapple with because morals are subjective to everyone. We can’t say whether one is right or wrong, as the truth behind that knowledge is not determined. Since we can’t surely know what we say is right or wrong, is it ok to experiment with ideas that might not be determined to be right at that time? History has proven that the concepts of right and wrong are able to change over time. David Hume has much to say about the development of moral knowledge as he creates his argument in the midst of all his other beliefs. This idea of moral knowledge also plays out in Mary Shelley’s Frankenstein. An unfortunate story of an ambitious man’s dream to create life, little did he know he would fear his own creature. The creature’s short lived life showed us the nature of moral knowledge in Hume’s model and shows us how it turned a pure existence into a monster. I argue that Mary Shelley expresses the necessity of exper imentation in the development of moral knowledge in Frankenstein, as the creature’s unfortunate transformation to a monster developed through a series of human encounters such as the creature s encounter with the De Lacy family. Ultimately the creature’s development critics Hume’s stagnant view of moral knowledge simply being a product one’s feeling of external approval or disapproval, which leads one to be prejudice. Hume builds his thoughts on the accusation of moral knowledge in his text A Treatise of Human Nature. He bases hisShow MoreRelatedThe Consequences Of Technology On Mary Shelley s Frankenstein Essay1703 Words   |  7 PagesThe Consequences of Technology Revealed in Shelley s Frankenstein In Mary Shelley’s Frankenstein, written in the late nineteenth century, the author proposes that knowledge and technology can be dangerous to individuals and all of humanity. 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