Financial Analysis Essay Example | Topics and Well Written Essays - 1500 words - 1

Financial Analysis - Essay Example The global systems insurance agency start-up budget was $2,345,000 which entails four critical sections that must be available for the implementation process of the project. Employees and payroll taxes amounted to $1,600,000 under administration costs. The start up of this sophisticated business project called for different kinds of skills and expertise in the field of technology to enable the implementation of this project successful. Their efforts and sacrifice of their time were compensated in monetary value. The computers, repairs, services, maintenance and depreciation accumulated to a cost of $98,000. Due to unfavorable conditions that some computers were in, more computers were purchased and upgraded to improve technology of the SYPRO softwares. Their implementation cost was $597,000 which was broken into specifications of online software cost $500000, testing cost $60,000, training cost $25000, and SYPRO support $12000. In the standard preparation of budgets, there is always a provision for miscellaneous expenses that might be incurred and, therefore, a total of $50,000 was catered for these expenditures. The above costs were only budgeted for the beginning year of 2014. The figure below shows the start up Budget for the first year. Our respective income and expense statements replicate our financial positions of a year before the implementation of the SYSPRO software. They also clearly show a year prior to the implementation and the financial positions of the three years to come. It should be known that the projection of the future financial positions of subsequent years was based on the present performance data for financial analysis. For an efficient and sufficient implementation of the SYSPRO softwares, an ample start-up capital is required for the research and development expenses. Our initial capital for the SYSPRO implementation was $597,700. The

Should Video Games Be Introduced into Schools Research Proposal

Should Video Games Be Introduced into Schools - Research Proposal Example The implementation of video games in the classroom provides an effective platform for teachers to assess the educational ability of students. Portal and Minecraft are some of the video games which can facilitate the cognitive learning achievement of students. The activity in the game Minecraft includes gathering, exploration, combat and crafting (Prensky, 2010). This provides an opportunity for players to virtually create anything. Portal is a puzzle-based videogame and its game style is more physics-based. The law of physics such as inertia and gravity is implemented by players to advance to the next level of Portal. The game is designed to inherent critical thinking and problem-solving. Both of the video games can be easily adapted to create different environments in the classroom. In high school, the Portal game can be utilized by teachers to teach physics. Minecraft game can be used to teach children. There are many video games that provide an opportunity for people to develop an entire city within the allocated money. Students get to know the basic comprehension of handling finances and managing budgets. The benefits of using video games in the learning process are not only regarded as advantageous to teach finance and strategy but also foster an interest in the branch of economics or business. Video games can be used by teachers to examine the characteristics of students. This includes individual differences, self-concept, goal-setting, and self-esteem. Moreover, video games can stimulate the learning process by allowing students to experience challenge, novelty, and curiosity (Willis, 2007). The application of games in the classroom can help to maintain and achieve the attention of an individual for a long period of time. This resembles the fact that it can benefit students by providing an element of interactivity. Children who have a development problem or are severely retarded can be benefited by the application of video games. A child suffering from this symptom is known as autism. The implementation of video games can help to develop cognitive and basic skills. Some of the basic skills include social, basic reading, language, and basic math skills. Video game enables to treat fear of confined heights and places. The use of video games can enhance the learning experien ce and makes easier for a teacher to provide feedback of every student to the parents.