EffectivenessRobot Arm

Question: Explainthe adequacy of the robot arm. Answer: (David thornton) to build up the adequacy of the robot arm he associated a robot arm to a remote and directed a game with kids with a pick and drop a ball in the vessel with the remote control by means of web. In the wake of finishing the examination, the proficiency is determined by an advancement sheet and the mistake is diminished by diminishing the speed and expanding the hour of development (ding). After a few programming dialects to control robot in 2004 (chang sei kim, 2004) he built up a PC-based disconnected programming technique utilizing the augmented experience displaying language. The created OLP has various calculations that can be masterminded with TRIBON CAD interface. The upsides of the OLP writing computer programs are successful programming of robot-order, simple check of recreation and representation of robot programming documentation can be handily sorted out by reproduction models with suitable programming, reuse of existing projects of robots and cost freedom can be proceeded while programming. What's more, later on a few mechanical reproductions are created like ROBCAD and IGRIP, yet now a days utilizing of CAD frameworks has been smoothly expanded. (vinicius menezes de oliveira)The principle part in online control of robot is customizing which is the primary wellspring of working of robot. The distinctive programming dialects are (OROCOS) Open RobotControl p rogramming C++, Robotics4.net on the Microsoft.NET and java. Java language has gotten extremely well known in programming for modern robots. (A.Cisternino, 2005)As innovation built up a great deal (jiacheng tan, 2005) he completed a few explores and afterward he incorporated virtual condition and 3d demonstrating devices he created VE with various displaying procedures. After that independent of programming stage he created arranged robot framework and planned a control board to control the robot. At that point he customized remote robot programming with VE particular strategies and afterward boundary procurement is one of the key issues of picture based demonstrating. This improves boundary obtaining for cuboids, chambers regarding work space of robot. (kim)Let us examine about the remote robot control and related issues in which conveyance control, assembling and office the board may handily be directed through a remote robot control and observing framework. It has favorable circu mstances like ease, simple upkeep and liberated from reality limitation for robot and administrator. Be that as it may, the principle burden is time delay in information transmission for the application. However, this issue can be redressed by running the program on java stage which we can say can be decreased yet can't be amended. (yong ming wang, 2008).Then the new innovation has created by the organization ELKO EP known as RF contact innovation which is remote in which robot can be constrained by remote remotes which are known as RF pilot, RF key. This comprises of RF control framework, RF contact control unit. This unit comprises of 6-channel multifunctional switch, sun-blinds actuator, thermoregulatory head and different finders. It is primarily relying upon the gadget programming too. (david kubat, 2011). And afterward ACTA specialized shows created remote control of modern robot with teleportation, correspondence and control through web and visual servo control. (Kamil zidek) . With the joint effort of same organization Lola establishment built up a programming on the foundation of L-IRL (Lola Industrial Robot Language) programming language. (maja lutovac, 2012).Programming of robot should be possible disconnected regarding work piece coordination framework which is utilized in CAD and CAPE frameworks with reenactment and work piece arranges. (bozek, 2011). Disconnected programming can likewise be customized additionally by numerical portrayal of a robot and furthermore by electromagnetic effectors facilitates and with attractive gripper from the relegated points in virtual condition. (bozek c. , 2011). There has been remote observing procedure for the constant control and for keeping up a higher profitability and the adaptability in the framework. The time postponement could be effortlessly illuminated through the controlled stream twisting with the web time delays and the information bundle misfortune. There have been various outcomes which exhibit abo ut the way to deal with handle the e-fabricating condition alongside the application capability of the examination. The models for the equivalent incorporate the controlled recreation, virtual machining and the administrator preparing for all the continuous observing procedure for control. The controlling of the ABB robots has experienced the introduction of the techniques for the independent portable robot where the preparing time is simple for completing the examples. In this, there have been activities which are set to deal with the distinctive traditional strategies into the standard based techniques. The examples have been set to get the pursuit on the ground where the computational assets take a shot at proper circumstances. The calculation depends on circumstances of the robot condition where there have been continuous activity search strategies that have been considered for rolling out the improvements at the hour of securing with the techniques for speaking to the data. The various activities are dissected by the robots that are required to play out the acknowledgment over the various circumstances and the examples. The methodology depends on working over the hunt time alongside taking care of the acquisitions which permits to grab hold and utilize the sensors for the robots with the bigger measure of handling that is done according to the necessities. The current exploration depends on the circumstances to deal with the securing time which is significant for the detecting of the calculation structure. There are sensor prepared robots which can give the advantages from utilizing the world model at the hour of handling the choices and the controlling of the impact in the continuous procedure. The concentration and the portrayal depend on the Computer Aided Robotics which can remotely control the movements and work on the execution of the framework. The paper has the Robot Application Protocol which gives a best interface to the principles of the ABB ro bot controller. According to the current pattern, there is a need to deal with the item change alongside the customisation and the improvement of the structures using the new and the better materials of the assembling. This incorporates the documentation with the Remote Controlled Procedural call which depends on the various materials and the strategies. The RAPID writing computer programs is to make the movement on the fly by associating with the continuous examination of the constrained transmission capacity. The work is principally for the usage of the remote access in the robots where there is a programming and the checking of the focused condition. The examples have been set for the various methodologies where the Matlab tool kit is significant for the arrangement of the ABB robot with the power or the torque sensor. The paper has been looking into on the quality, usefulness and the constraints of the circumstances where the robot movements are not restricted to just the modifi ed parts in the RAPID program. There have been various tasks which are set to grab hold of the frameworks performed through a channel joint weld on a working environment and the direction varies from the first ostensible posture. The arranged tests incorporate the ADD IRB2400 that has been furnished with the compiler device for the improvement of the correct techniques. With the quick advancement, there have been schedules in the techniques, capacities and the snare schedules for the information which are constants, factors and steady. The highlights are set to hold the standard boundaries with the number-crunching and the intelligent articulations, mistake dealing with, program displaying and performing various tasks. ABB has been founded on the usefulness which is incorporated into the framework that permits the work on the various bundles and the transmissions. The help is for the most part for the simple access with the perusing of the log records, input yield and the educating of the analysis of the activities with an arranging creation. The joining of the procedure and the framework depends on the immediate fundamental processor where there have been associations of the robot to deal with the constant showcase for the associated robots. The immediate fundamental processors access and work on PC document administrator with remote access, with administrator correspondence and PLC the board. The framework supports of the ABB reports depend on the PLC and the simple to-utilize frameworks with the solid diagnostics. The decrease in the creation with the diminished expenses is for the administration call-outs with the goals of the issues using the ABB. According to the exploration, there have been bargains which identify with the programming of the robot on PC with no specific requirement for the creation which empowers to set up the robot programs with the expansion in the profitability of the framework. With the execution procedure, there have been administr ator administrations where there are applications set for the law of cosines. The applications potential prospects are for the working administrations with the single capacities in the client system and the virtualized modern robot which have been appropriate to hold the incorporated circuits. The stepper engine driver changes the lower memory signals with the control of the circuits of the stepper engine. There have been implies which depend on the referenced conveying program with the capacities division between the various periods of the parsing and assembling. With the on the web and disconnected programming, there has been advancement of the earth of the dialects with the compilers for the robot programming. The information has been set for the reproduction of the movements and the arranged treatment of the dynamic exhibits with the equal execution of the squares and the other framework factors. This has been characterized and dependent on the c

The Steps to Be Taken Towards a Green Future Free Essays

My Grandfather says, â€Å"Looking out the window isn't what it used to be†. I was not a 100% sure what he implied, so I asked him. He was discussing the entire idea of â€Å"Going Green†, the way that there is a constrained measure of the earths’ oil left and that landfills are radiating huge amounts of nursery gasses into our climate. We will compose a custom paper test on The Steps to Be Taken Towards a Green Future or on the other hand any comparative theme just for you Request Now Nobody thought about clean options in contrast to oil, for example, palm oil and Biodiesel, which is created from squander cooking oils as opposed to utilizing gas or diesel or that simply having a manure garden in your lawn could decrease the world’s trash even only a part which is making a difference. This paper will go over approaches to bring down the utilization and use of non-renewable energy sources. Additionally, talk about methods of; bringing down contamination rates, dispensing with atomic force and acquainting clean vitality options with gas and power. Sunlight based Energy and Windmills are a major part in the spotless vitality development that individuals are beginning to battle for and my Grandfather’s age has no information about. In the expressions of Xavier Rudd â€Å"Thank you for your message yet I don’t see, no I won’t comprehend. † People like my Grandfather never thought about what contamination could really do to nature. Wind vitality is a stage that is being taken all through Europe (Krueger pg1). Numerous nations have begun to change their electrical utilization to clean vitality and not the cutting edge method of creating power, with magnets or atomic, which use gas to control the motors. All the world needs is the breeze and sun to give enough power to control the individuals who possess it. Today’s power plants run on non-renewable energy sources and that contaminates the earth, which squander significant assets. Either in a steam or gas turbine power plant they all depend on coal, oil or biomass to control in any event one thing in the plant. In any case, in a breeze, geothermal, or hydroelectric controlled force plant the turbine is turned by the breeze, water or steam created from the earth to deliver the power. Despite the fact that atomic force plants don’t consume petroleum derivatives to make the power they are as yet contaminating the earth and are a peril to humankind. Just as of late, Japan was hit by a wave and an atomic controlled plant was hit. Atomic reactor after atomic reactor broke and began to turn into an issue for the earth and compromise the lives of the Japanese residents, yet of the world. With clean vitality the power can be made by property holders, ranchers and the legislature. Everybody can get into the electrical game and even get paid for the power that they don't utilize and it can go to control somebody else’s home (Krueger 2). Contamination has continued for quite a while and begun essentially toward the start of the modern transformation and it’s time for it to be settled. With the mechanical insurgency came autos, which are the greatest piece of the contamination issue. Another piece of the issue is the measure of paper that is utilized. The paper business is the reason pot is unlawful, it is on the grounds that the hemp from weed could be utilized for paper, rope, dress, ect†¦ that they made the administration make it illicit. Individuals don’t acknowledge how much paper is squandered in bathroom tissue, paper towels, tissue paper, books, magazines, papers, and office paper. Those things are produced using trees and nobody even considers the trees. They have been here on this planet longer than use and we are chopping them down, just to make paper it appears. On the off chance that the measure of paper utilized remains in light of present conditions, at that point we will be all out of trees and plants to however down to make paper without affecting our oxygen levels. The organizations weren’t in any event, planting the trees back up to this point when some began to plant new trees to begin to attempt to make an economical paper flexibly for what's to come. Trash is another fundamental poison that is demolishing our earth. In the trash there is an excess of recyclable and manure capable merchandise that ought to be in reusing processing plants or fertilizer heaps. Additionally, there is plastic, which was another creation from the mechanical unrest (Calandri 235). Plastic is a non-biodegradable compound which implies that it can't break down with common procedures. Plastic is flooding the landfills of the world and something must be finished. Individuals need to begin reusing their plastic so as to ensure the planet. We additionally should bring down the measure of waste that we put into our landfills, the two homes and cafés must do this (McCaffree 205). Individuals need to begin conmposting and rationing water to spare the world. Another way that organizations are becoming environmentally friendly is that they are utilizing green growth to channel the on the CO2 from the force plants’ exhaust gases to make the force plants’ coal consuming less dirtied for the earth (Going Green Literally pg17). The force plants are a major piece of the contamination issue with them consuming coal, and furthermore non-renewable energy sources to run their generators and machines. On the off chance that force plants begin to utilize the green growth to cycle their fumes the CO2 discharges can be brought down by 20% per power plant, which is a mess less ozone depleting substances being radiated into the climate. Clean vitality options in contrast to oil based goods are an approach to quit penetrating for oil to make into fuel, diesel, manures, anti-inflamatory medicine, plastics and even fake hearts and pacemakers. A large number of family unit and ordinary things are made with oil that you wouldn’t even believe were. Family Recreational exercises, for example, skiing and snowboarding use oil in the assembling of the sheets or skis, even contact focal points that have oil in them and without oil how might they work. I’m sure there would be something different that makers could utilize when making the focal points. Oil is a major industry that has its hang on the vast majority of American items and even the world. Biogas is another type of clean vitality. It is additionally a practical asset that is produced using grass and tree clippings, and café food squander (Corum 36). Today power plants are everywhere throughout the world and on the off chance that they get changed over to run of this reasonable asset than oil can be wiped out from the force plants. With the force plants not utilizing oil and oil based commodities that measure of oil that is expected to live can be chopped down. FCC Expander Technology is the most ideal path for the oil organizations to practice environmental awareness. The FCC procedure is extremely convoluted and utilizes all the waste items over again by reusing them into re-useable vitality (Carbonetto 79). The reused vitality from the vent gas has several things that it tends to be utilized for and I imagine that is an awesome employments of the un-useable gas. The Electric force age train in the oil plant has a great deal of key advantages and architects have been planning the most vitality productive approaches to do the way toward making non-renewable energy sources (Carbonetto 83). The oil refining industry is beginning to concoct approaches to spare vitality, lessen expenses and spare the situations. Palm oil and Biodiesel are side-effects of seeds. Biodiesel is produced using oil that has been utilized at cafés or different places and is a perfect consuming fuel denied from natural sources (Biodiesel pg2). Biodiesel creates considerably less CO2 than standard diesel, biodegradable and is additionally non-harmful. Palm oil then again, is produced using palm tree seeds (Yusoff 3). The palm trees develop in warm tropical atmospheres and two distinct sorts of palm natural product oil originate from it. The first is unrefined palm oil from the seed and the second is rough palm piece oil produced using the part. What is acceptable about palm oil is that palm trees are enduring yields and they are a supportable asset. All in all, what needs to happen is that legislatures around the globe need to implement new laws to ensure nature. The laws need to compel the utilization of clean vitality options in contrast to oil based goods. The choices are Biodiesel and Palm Oil to fuel our vehicles, trucks, planes, prepares and pontoons. The contamination must be tended to close to spare the planet. There are many type of contamination and law authorization needs to actualize progressively exacting laws and higher fines to prevent individuals from littering. Last thing that must be done is to push towards a future where power is produced using wind or water. Windmills and watermills are the eventual fate of power and don't have to utilize any petroleum products to control the generators. So as to practice environmental safety individuals and business must beginning moving towards a greener living and the utilization of products should be brought down by everybody. The most effective method to refer to The Steps to Be Taken Towards a Green Future, Papers

Randoms 13th

Randoms 13th As many of you know, Random Hall has come to represent much more than a dorm to me its a living space that houses some of my most favorite memories, events, and people, and its an integral part of my MIT experience. This past Saturday, February 29th, I experienced something that I will not be able to experience ever again in my undergraduate life here at MIT: Random Halls birthday. Random Hall was officially dedicated on February 29th, 196801 A shame. One year away from a truly glorious date. . Random Hall also has a tradition of performing a birthday dirge, as opposed to a birthday song, where we stomp and clap rather obnoxiously to celebrate one year closer to death. Every four years, when its Randoms birthday, the entire dorm goes on a great excursion to Lobby 7, stands in a circle, and performs the birthday dirge. I was actually in the middle of giving a tour of Random to a friend when I realized the dirge was happening, so I took her to come dirge with us. It was a really wholesome time and it made me really proud to be a part of the dorm! This year, since Random turned 13, Ilani, a resident of the dorm, helped organize an official B Mitzvah for the dorm. Enjoy some photos from the day: birthday cake pt 1! birthday cake pt 2! a nice random hall hack in lobby 7 to celebrate the magical day An arrow pointing right Previous An arrow pointing right Next A shame. One year away from a truly glorious date. back to text ?

The Puzzling Truth A Practicum Observation Of A Mentor...

The Disconcerting Truth: A Practicum Observation of a Mentor Teacher Senior Government Students Thirty-six desks were placed in six rows of six and each one faced the SMART board awaiting the third block seniors to come in for their government class. The adjacent cement walls had no artwork, posters, or examples of student success. In a list of three, the only whiteboard contained the class’ plan for the day, but the faded green marker rendered it indecipherable from across the room. The objectives were, â€Å"1. CNN News, 2. Begin Chapter 3 Vocabulary, 3. Preamble,† with no explanation or elaboration. From the back of the room, a screen separated the government class from another history class. There had been chatter echoing†¦show more content†¦When the video ended all but three students were on their phone or asleep, some of each of these two categories even have headphones in. Rather than address the situation, the MT called from his desk that it was time to move on to their next activity. Though the board listed vocabulary and the majority of the class were pulling out the classroom set of textbooks from under their desks the MT pulled up another video. He asked the class if anyone already knew the preamble. When no one answered the question the MT asked what the preamble was or where it could be found. Again, no one answered. Clicking play on the School House Rock video there was an instant symphony of groaning and recognition. As soon as it finished the students were told that they had one week to memorize the preamble and recite it in front of their peers for a test grade. The class was instantly full of chatter, mostly complaints and questions- none of which were answered, but the MT announced that anyone that performed the preamble at the end of class that day would be given extra credit, which seemed to quell about half of those talking. The last activity on the board was the vocabulary, some of the students were working on it and others were reading and practicing the preamble, some alone and others in groups. Confused I asked three students what they were doing with the vocabulary. They showed me the twenty vocabulary

Definition and Examples of Writ of Certiorari

In the U.S. court system, a â€Å"writ of certiorari† is an order (writ) issued by a higher or â€Å"appellate† court to review decisions made by a lower court for any irregularities in legal process or procedures. Key Takeaways: Writ of Certiorari A writ of certiorari is a decision by the U.S. Supreme Court to hear an appeal from a lower court.The word certiorari comes from a Latin word meaning â€Å"to be more fully informed.†The act of â€Å"granting certiorari† means the Supreme Court agrees to hear a case.Certiorari must be requested by submitting a Petition for Writ of Certiorari to the Supreme Court.The Supreme Court grants only about 1.1% of the thousands of petitions for certiorari submitted each term.Denying a petition for certiorari has no effect on the lower court’s decision or the laws involved.Granting a petition for certiorari requires the affirmative votes of at least four Supreme Court justices. The word certiorari (sersh-oh-rare-ee) comes from a Latin word meaning â€Å"to be more fully informed† or â€Å"to be made certain in regard to.† The act of issuing a writ of certiorari, called â€Å"granting certiorari, often abbreviated as â€Å"granting cert,† compels the lower court to deliver all records of its proceedings in a case. Among a sea of largely obscure Latin legal terms, certiorari is of particular importance to Americans because the U.S. Supreme Court, due to its limited original jurisdiction, uses it to select most of the cases it hears.   The Supreme Court’s Writ of Certiorari Process Most cases heard by the U.S. Supreme Court begin as cases decided by a trial court, such as one of the 94 U.S. District Courts. Parties dissatisfied with the trial court’s decision have the right to appeal the case to a U.S. Court of Appeals. Anyone dissatisfied with the ruling of the Court of Appeals can then ask the Supreme Court to review the Court of Appeals’ decision and procedures. Supreme Court review of a Court of Appeals’ decision is requested by filing a â€Å"Petition for Writ of Certiorari† with the Supreme Court. The Petition for Writ of Certiorari must include a list of all parties involved, the facts of the case, the legal questions to be reviewed, and reasons why the Supreme Court should grant the petition. By granting the petition and issuing a writ of certiorari, the Court agrees to hear the case. Forty copies of the printed petition in bound booklet form are delivered to the office of the Clerk of the Supreme Court and distributed to the justices. If the Court grants the petition, the case is scheduled for a hearing. The Supreme Court has the right to deny the Petition for Writ of Certiorari, thus refusing to hear the case. Rule 10 of the Rules of the Supreme Court specifically states: â€Å"Review on writ of certiorari is not a matter of right, but a judicial discretion. A petition for writ of certiorari will be granted only for compelling reasons.† While the full legal effect of the Supreme Court’s refusal to grant certiorari is often debated, it has no effect on the decision of the Court of Appeals. In addition, refusal to grant certiorari does not reflect the Supreme Court’s agreement or disagreement with the lower court’s decision. The Supreme Court’s refusal to grant certiorari creates no binding legal precedent, and the lower courts decision remains in effect, but only within that court’s geographical jurisdiction. Granting a Petition for Writ of Certiorari requires the positive vote of only four of the nine justices, rather than the five-vote majority required in actual case decisions. This is known as the â€Å"rule of four.† Brief Background of Certiorari Before 1891, the Supreme Court was required to hear and issue a decision on almost every case that was appealed to it by the local courts. As the United States grew, the federal judicial system was strained and the Supreme Court soon had an insurmountable backlog of cases. To address this, the Judiciary Act of 1869 first increased the number of Supreme Court Justices from seven to nine. Then, the Judiciary Act of 1891 shifted responsibility for most appeals to the newly created circuit courts of appeals. Since then, the Supreme Court only hears appealed cases at its discretion through the granting of a writ of certiorari. Reasons the Supreme Court Grants Petitions for Certiorari In deciding which petitions for certiorari it will grant, the Supreme Court strives to hear cases in which its ruling will affect the interpretation and application of the laws involved throughout the United States. In addition, the Court prefers to hear cases in which its ruling will provide definitive guidance for the lower courts. While there are no hard-and-fast rules, the Supreme Court tends to grant petitions for certiorari for: Cases that will resolve clear conflicts of law: Anytime a number of lower courts issue conflicting decisions involving the same federal law or interpretation of the U.S. Constitution, such as gun control and the Second Amendment, the Supreme Court may choose to hear and decide a related case in order to ensure that all 50 states operate under the same interpretation of the law.Cases that are important or unique: The Court will decide to hear unique or momentous cases such as U.S. v Nixon, dealing with the Watergate scandal, Roe v. Wade, dealing with abortion, or Bush v. Gore, involving the contested 2000 presidential election.Cases in which a lower court disregards the Supreme Court: When a lower court blatantly ignores a previous Supreme Court ruling, the Supreme Court may decide to hear a case in order to correct or simply override the lower court’s ruling.Cases that are simply interesting: Being human, the Supreme Court justices will sometimes choose to hear a case simply b ecause it involves a favorite area of law. When it comes to petitions for writ of certiorari, the Supreme Court gets many, but grants few. The vast majority of petitions are denied. For example, of the 8,241 petitions filed during its 2009 term, the Court granted only 91, or about 1.1 percent. On average, the Court hears from 80 to 150 cases each term. Recent Example of Certiorari Granted: Roe v. Wade In its landmark decision in the 1973 case of Roe v. Wade, the Supreme Court ruled 7-2 that a woman’s right to have an abortion was protected by the Due Process of Law Clause of the 14th Amendment to the U.S. Constitution. In deciding to grant certiorari in Roe v. Wade, faced a thorny legal issue. One of the Court’s rules for granting certiorari requires that the appellant, the person or persons appealing the case, have â€Å"standing† to do so—meaning that he or she would be directly affected by the Court’s decision. By the time the lengthy Roe v. Wade appeal finally reached the Supreme Court, the appellant, a Texas woman (â€Å"Jane Roe†) who had sued after having been denied the right to have an abortion under Texas law, had already given birth and surrendered the child for adoption. As a result, her legal standing in the case was uncertain. In granting certiorari, the Supreme Court reasoned that because of the lengthy appeals process, it would be impossible for any expectant mother to have standing, thus preventing the Court from ever ruling on abortion or reproductive rights issues. Feeling the law involved merited review, the Court granted the petition for certiorari. Recent Example of Certiorari Denied: Broom v. Ohio In 2009, Ohio corrections officials spent two hours trying—but failing—to execute Romell Broom by lethal injection. In March 2016, the Ohio Supreme Court ruled that the state could proceed with a do-over second attempt to execute Bloom. With no other higher court available, Broom and his lawyers asked the U.S. Supreme Court to block any further execution attempts. In the Broom v. Ohio petition for certiorari, Broom’s lawyers based their request on the argument that a second execution would violate the assurance against cruel and unusual punishment in the Eighth and Fourteenth Amendments to the U.S. Constitution. On December 12, 2016, the U.S. Supreme Court, refusing to hear the case, denied the petition for certiorari. In denying Bloom’s petition for certiorari, the Supreme Court stated its belief that any pain Bloom might have experienced during the failed execution attempt failed to amount to â€Å"constitute cruel and unusual punishment.† In taking this rather unexpected action, the justices reasoned that since thousands of people are subjected to multiple needle-sticks every day as part of medical procedures, this was neither cruel nor unusual. Sources Definition of certiorari in English. English Oxford Dictionaries. OnlineFederal Courts Role and Stricture. USCourts.gov. OnlineSupreme Court procedure. The SCOTUS Blog. OnlineThe Evarts Act: Creating the Modern Appellate Courts. USCourts.gov. OnlineSupreme Court Case Selections Act. Public Law 100-352, at 102 Stat. 662. June 27, 1988

Transition from Early Years Free Essays

string(124) " will also be children in Foundation Stage who by the end of the year are already accessing aspects of Year One curriculum\." This assignment is based upon my understanding of child development and children’s learning, considering the curriculum for the Early Years and the curriculum for the Early Years Foundation Stage/Key Stage One. I propose to outline a rationale for effectively continuing children’s learning, from the end of the Early Years Foundation Stage into Year One and include strategies to support transitions, effective curriculum delivery and links between the EYFS and the National Curriculum. Throughout the assignment I will refer not only in general but also to how my research has help me as a practitioner help my setting to effectively continue children’s learning. We will write a custom essay sample on Transition from Early Years or any similar topic only for you Order Now Looking at Government reports about transition from the Foundation Stage to Key Stage One, Ofsted nationally identified issues between reception and Key stage One practice. In 2004 they produced a report entitled Transition from the Reception Year to Year 1 (Ofsted 2004). Findings suggested that there was not enough consideration relating to the Foundation Stage and Year One curriculum. Ofsted recommended the following ‘point for action’ â€Å"Schools which admit pupils to the Foundation Stage should ensure that learning experiences in Year One build upon practical approaches and structured play in Year R (Reception) (Ofsted 2004:3) The Department for Education and Employment (DfEE) and research from the National Foundation for Education Research (NFER) identified the biggest challenge to transition, as the EYFS curriculum is play based, Key Stage One is a more structured curriculum. They found that some children were worried about moving into Year One because of the amount of work expected and the length of time they were expected to sit and listen to the teacher. The government decided to produce a guidance document entitled Continuing the Learning Journey (NAA 2005) which is attended to support schools and Local Authorities in working towards improving transitions between the Foundation Stage and Key Stage One. The Foundation Co-ordinator and Year One teacher from school attended this course about two yeas ago and have tried to improve the transitions between our unit and Key Stage One. More recently the Head and Deputy Head teachers have attended several courses relating to the Proposal of the New Primary Curriculum. Sir Jim Rose has proposed a number of changes to the New Curriculum which will impact on transition and include moving away from Primary subjects and towards new ‘areas of learning’ that are intended to be linked to the EYFS. A number of staff meetings have taken place within our school discussing the review of the New Primary curriculum with all Teachers and hopefully will be implemented across the whole school as soon as possible this depending upon the forthcoming election. Unit meetings have started to take place enabling Foundation Staff and Year One staff to look at how the EYFS and the New Primary Curriculum objectives overlap/link enabling Year One teachers to continue each individual child’s learning journey. All teachers know that children are different, each one having their own ‘Unique’ individual needs. When a child leaves the Foundation Stage and enters Key stage one, they have not necessarily achieved all the objectives in their profile and therefore are not ready to access the Year one National Curriculum. I can see little benefit to any child beginning Year One Numeracy and Literacy objectives, in particular, with children who are not ready in terms of ability and maturity. It makes far better sense to begin Year One with the children’s profiles and to allow time for each child to achieve all the profile objectives before launching into the more demanding Year One objectives. If you look at the PSRN and CLL objectives for the latter part of the Early Years Foundation Stage and Numeracy and Literacy for Year One term one, there is an overlap, with the Early Years Foundation Stage goals including some of the National Curriculum level One. Similarly, there are objectives in the Early Years Foundation Stage profiles in other areas of learning which overlap with the Year one objectives in Science, History and Geography, ICT, Design technology and RE – KUW. PSHE and citizenship – PSED. Music, art, drama and creativity – CD and Physical development-PD. In addition, simply because a child moves from the Foundation Stage into Key Stage One shouldn’t mean that the curriculum ceases being active. Young children learn best when they are engaged in worthwhile, hands on experiences. On the same premise, play does not have to end but it needs to be teacher initiated and led in order to be of much educational value, for instance, children are unlikely to spell words correctly, if there isn’t a teacher to help sound out the letters in the word. Ros Bayley and Sally Featherstone are writers on teaching and learning have written a book entitled Smooth Transitions. In it they state ‘a three year olds brain is twice as active as an adult brain and this level of activity continues to the age of 9 or 10. Children develop 50% of their eventual ability to learn before the age of 4 and another 30% before they are 8. Adult interaction and physical activity continue to make a massive difference to learning during childhood’ When measuring the difference between boys and girls they found that ‘most girls have made sufficient links to their brains to begin the complex skills of reading and writing by the time they are four and a half while in most boys it is nearer to six’ They also say that research from all over the world tells us that children learn best from doing and that boys are â€Å"doers†. If we want boys to succeed in the Foundation Stage and into Key Stage One we must allow them to develop through an active curriculum. Bayley and Featherstone conclude that everything we know about the brain is consistent with the guidance for the Foundation Stage. We must use that knowledge in Key Stage One and use it to shape how we teach rather than what we teach. There will also be children in Foundation Stage who by the end of the year are already accessing aspects of Year One curriculum. You read "Transition from Early Years" in category "Papers" This is sometimes of particular significance for the summer-born Foundation Stage children, who may turn five right at the end of the Foundation Stage year therefore close liaison between staff regarding the academic and personal aspects of each child’s development is absolutely vital. The detailed knowledge that support staff have of the children as people and learners should be shared. Time and effort invested in this will help with differentiation, as well as children’s wellbeing, on entry into Year One. As part of my research, I visited the Year One class teacher in our school to establish how she plans for the transition from the Early Years Foundation Stage into Year One and to get her views about whether the transition process the school has in place is a ‘seamless journey’ or if there was more staff could do to improve this. One of the Year One teacher’s worries as I am sure is the same with most Year One teachers is the pressure she feels under to achieve outcomes to get children ready for Year Two Standard Assessment Tests (SATS). But as from this year our school has abolished not only Year two but Year Six SATS as well. This will ease the pressure enabling her to concentrate more on the transition period and continuing each child’s learning journey. The transition process we have in place for starting Nursery and reception is, I believe a ‘seamless journey ’ The Early Years Foundation Unit recognise that the transition from the home to Nursery and Nursery to Reception class is an important step in a child’s school life and it is our intention to make this a positive experience for every child. We endeavour to provide our children with a smooth transition from home to Nursery and Nursery to Reception Class. Yewdale Early Years Foundation Unit brochure 2009/10) however my opinion is that the transition from The Early Years Foundation Unit to Year One has not been successful, perhaps this is because that since I have been working in the Unit, big changes have taken place; The Foundation co coordinator leaves, an NQT takes over reception class and the role of EYFS coordinator (who has made a huge impact to the unit and who has become a great team Leader and friend), a new head teacher takes over the school and the Nursery and Reception classes merge to become a Early Years Foundation Unit and the Year One teacher is on maternity leave. This module I believe has helped me to make a positive contribution to the whole school approach about how we are going to help the children leaving the Early Years Foundation Unit have a smooth transition into Year one. Meetings have taken place between the Early Years coordinator and foundation staff and the Year One teacher and teaching assistant to discuss as a team, strategies to support transitions and to imply them during the summer term. Taking into consideration, the aim of the EYFS, is to help young children achieve the five Every Child Matters outcomes therefore by looking at the Every Child Matters document focusing on the five outcomes be healthy, stay safe, enjoy and achieve, make a positive contribution and achieve economic well-being I believe that by ensuring that children grow up to lead a safe, happy, healthy and successful life the transition strategy process should be; Be Healthy: Guidelines in place to ensure pupils physical and emotional health. Children are supported through the transition period by ensuring that Year One Staff have a full and accurate picture of each child’s needs prior to teaching them. During the Summer Term children have an opportunity to visit their new classes and meet their new teachers and stay for short visits and for the Year One teacher to visit in the reception class where the children are in familiar secure surroundings. Year One children have timetabled sessions in the Reception Outdoor area, the Year One class does not have access to their own outdoor area, and this enables hysical activity to take place in familiar surroundings. Stay Safe: The school to provide a safe environment and ensures that pupils know the school’s expectations for conduct and behaviour. Foundation Stage Unit Classes use the Key Stage One playground at lunch times throughout the school year and at playtimes during the Summer Term. This enables the children to become familiar with the rules and routines of Year One rules. From the Spring Term children in the Foundation Stage, reception age children only have access to morning playtimes and dinnertime playtimes. Enjoy and Achieve: The school provides an environment and atmosphere in which pupils feel safe and happy, and therefore can enjoy and achieve within the school environment. Children should see similar areas of provision in the Year One classroom e. g. role play, construction, sand/water, writing materials, well organised and accessible resources, staff working together, children should experience a similar environment. Learning through first hand experiences and being able to learn outside. The Year One class has got similar continuous provision areas to the Early Years Foundation Unit, which includes role play, sand/water, creative, construction, small world, reading area and access to laptops. They do not have access to their own outdoor area, this is the case in many schools, but do have three outdoor ‘playtimes’ a day two with Reception and Key stage one and one at lunch time with the whole school. Resources in Year One should be built up to reflect the Reception classes and more kinaesthetic experiences have been woven into the curriculum. The Foundation Unit and Year One class conduct PSHE and Circle Time Sessions using the SEAL/SEAD Programme and provide opportunities to share children’s thoughts and feelings regarding transition into Year One and to incorporate a variety of learning styles into Foundation Stage and Year One planning to engage all children, I think it is very important as a practitioner to take time to find out how the children in your care feel, therefore by giving them opportunities to express their feelings through drawing, painting or writing will help us to make their journey as seamless as possible. Make a Positive Contribution: Pupils are supported and helped to develop socially and emotionally through Circle Time (SEAL), classroom rules and routines and the schools’ Behaviour Policy. From Reception children are able to represent their class through the forum of the School Council so that pupils’ voices are heard. These meetings are held weekly and discussed with the rest of the school during assembly times. Achieve Economic Well-Being: Aim to provide good quality education and to prepare pupils for the future. Looking at the continuity of teaching and learning an effective curriculum delivery, in the Summer Term Reception Classes should begin to take on some elements of the more formal aspects of learning, whilst still engaging in active learning experiences. This continues in the Autumn Term of Year One and beyond. Reception and Year One staff liaise closely during the Autumn Term to ensure that the needs of individual children are fully understood in context and therefore met, within the educational setting of the classroom and the school. The new primary curriculum builds on the principles of the Early Years Foundation Stage and promotes play-based learning. In the early stage the content of the curriculum is generic to the area of learning therefore the curriculum is now more reflective of the Early Years Foundation Stage Curriculum and builds on and extends the experiences children have had during the Foundation Stage by planning for a variety of learning styles, such as role play, and imaginative play, visits and visitors, practical activities. Children’s personal and independent learning should be encouraged through opportunity to choose activities and resources, so encouraging their ability to make decisions and own their own work. This is already happening in the Foundation Unit and so supports the transition process. Data from the Foundation Stage Profiles is used to inform planning and assessment processes in Year One. The Year one teacher will look at the Foundation Stage profiles and start by ‘filling in the gaps’ as stated where children have not attained the Early Learning Goals by the end of the Reception years, Year 1 teachers should ensure gradual and smooth transition from the foundation ethos to the more structures, teacher-directed ethos of Key Stage,(Lesley Staggs, 2004) this can only be done if their learning journeys including foundation profile data are forwarded to her and that each child’s learning and personal needs are fully discussed with the Year One teacher. The teacher can then start to find out as much as she can about the child as a learner and to use the information to plan the next steps. Children in the Reception class with Special Educational Needs who receive one to one support or are part of our morning Nurture group, the transition will be handled sensitively to ensure support continues in Year One if appropriate. It is equally important that parents/carers are informed and asked about how they feel about the transition not only for their children but how they feel themselves. All families are important and should be welcomed and valued in all settings (EYFS 2. 2, 2008) Schools should have a very strong ethos of volunteer parental help within the classroom and in the school as a whole. This is well established in our Foundation Stage Unit and continues throughout Key Stage One and beyond. This tradition supports children in their transition between Key Stages. Parents/carers in the Early Years Foundation Unit and Key Stage One are offered the opportunity to attend a Family Learning free 14 hour course to help them to recognise how children develop number skills through play. It is designed to support parents in helping their child to achieve their full potential at school. During the Autumn term there will be a literacy based course held. Parents/carers will from this year receive a Key Stage One Booklet produced by the school at the beginning of the Autumn Term that supports parents in understanding the changes their child will experience, and so be able to support them during and after the summer school holidays in making the transition. Parent’s Evenings are held three times a year given opportunities for staff parents/carers to discuss child’s development and any concerns. In addition to this the Foundation Unit encourages an ‘Open Door’ policy where parents are welcome to come and discuss their concerns and their child’s needs at any time during the school year. This applies in Year One too. It is also important to remember that after the transition has taken place, Foundation Stage and Key Stage One Co-ordinators work with their teams to ensure that the transition Policy is implemented effectively and Foundation Stage and Key Stage One staff meet regularly throughout the year to discuss the progress of both groups and individual children in both Key Stages. In conclusion, I feel that by carrying out research before and during this module has helped me to understand the great importance of a smooth transition for children in the Foundation Unit moving to Key stage One and not only does it involve the children but also various staff members and parents/carers. It involves time, thought and commitment to ensure that it is a positive experience for all children and can only be a success by Foundation Staff and Year One staff working closely together. We are still in the early stages in our school at introducing new ways of working together as a team to produce a seam-free transition for every child, I think so far so good! We are coming to the end of Summer term one and strategies are in place for Summer Term Two including a draft copy of a Transition Policy. Unless the transition is well managed children may become disengaged, learning could be impeded and there may be a consequent rise in poor behaviour as children struggle to adapt to a different and more formal approach. (DFES 2004) How to cite Transition from Early Years, Papers

The Role of Financial Statements

Question: Write an essay on The role of financial statements. Answer: The role of financial statements in the process of decision making is quite significant. The paper has chosen Adairs as the organisation that will be reviewed and subsequent financial acumen of the company will be determined after evaluating these financial statements. It is pertinent to observe here that Adairs was listed in the Australian Stock Exchange only in June, 2015 even though the company has an operational history dating back to 1918. The financial statement of the year 2015 will be evaluated and compared with that of the year 2014 so as to understand any relevant growth of the company within the areas of current assets, liabilities, non-current assets and liabilities. The paper has been divided into 5 parts and every part contains essential information relating to the operational dexterity of the entity. Part 2 contains review of the balance sheet by analysing the current and non currents assets and liabilities along with stock holders equity. Part 3 reviews the income sta tement for analysing the operating revenues, cost of goods sold, earnings per common share and so on. Part 4 comprises of cash flow statement analysis and part 5 reviews the stockholders equity section. Lastly the findings have been summed up and relevant recommendations have been made in relation to the investment in the company. Introduction Adairs is one of the leading retailers in home products within the territory of Australia. The company has a presence over all of Australia with more than 100 stores with a diverse range of products that include bed linen, curtains, pillow cover, furniture and so on. The company was established in 1918 as a single retail store in Victoria. Later the company spread its wings to other parts of the country with opening of first modern boutique store in 1981. The company employs highly trained employees along with experienced product developers and designers (Adairs, 2016). The report will analyse the financial statement of this company and evaluate various ratios and other pertinent income and expense statement so as to understand financial acumen of the company. The analysis of the financial statements and their comparison with the performance of the last year will help in understanding effective growth or decline for the company Reviewing the balance sheet Examination of the balance sheet is of prime importance since it depicts definite trends and patterns for a company (Proctor et al, 2006). In context to Adairs such an analysis has been carried out below: a) Current Assets: The current assets of the company are comprised of several items that have been illustrated below: For the year 2015 Specification in, 000 Lay-by receivables: 1070 Less: Allowances for cancellation 103 Net lay-by receivables 967 Prepaid expenses 2889 Deposits 201 Other receivables 733 Sum of current receivables 4790 Total current assets 4790 b) Non-current Assets Nil c) Current liabilities Trade creditors 13588 Accrued expenses 8179 Other payables 1951 Sum of current liabilities 23718 d) Non-current liabilities Nil e) Stockholders equity Ordinary Shares 65,875,000 For the year of 2014 these figures were a) Currents Assets Lay-by receivables 882 Less: Allowances for cancellation 85 Net lay-by receivables 797 Pre-paid expenses 2415 Deposits 282 Other receivables 1091 Sum of current assets 4585 b) Non-current Assets Other receivables 115 c) Current liabilities Trade creditors 8896 Accrued expenses 4047 Other payables 2324 Total Current liabilities 15267 D) Noncurrent liabilities Accrued preference share interest 6309 E) Stock holders Equity in 000 34718 There was a share split by a factor of 4.35 of ordinary shares resulting in creation of 116,305,000 shares without any extra cost. When compared to 2014 the amount of current assets was more in 2015. To be specific the current asset increase was (4790-4585) = $205. Noncurrent assets decreased by 115 and current liabilities increased by (23718-15267) = $8451. Noncurrent liability increased by $6309. When expressed in terms of percentage the changes in 2015 are 4.471 % increase in current assets. There was a 41.32 % increase in the volume of current liabilities. Thus it may be stated that both the current assets and current liabilities increased from 2014 to 2015 (Allen et al, 2013). In case of increase in the current liability the change was more significant. On a whole it may be stated that the financial position of the company from this metrics is sound. Thus it may be stated that there have increase in current assets, decrease in non-current assets, current liabilities and decrease in noncurrent liabilities. For 2015 a) Total Operating revenue 210,878 b) Cost of goods sold 80180 c) Earnings per common share 5 cents For the year 2014 a) Total Operating revenue 167,917 b) Cost of goods sold 64093 c) Earnings per common share 22 cents It can also be opined that data for the year of 2014 and 2015 were analysed and any non-operating gains or losses could not be ascertained for these two years. The changes between the two years are as follows. Total operating revenue increased by (210,878-167917) = 42961. When expressed in terms of percentage this is 25.58%. Again cost of goods sold increased from $ 64093 in 2014 to $ 80180 in 2015. The increase is 80180-64093= 16087. Expressed in terms of percentage this increase is 25.009 %. Again significant changes can be observed when earnings per common share are analysed (Aside, 2015). In 2015 the earning per common share was 0.5 cents whereas it was 22 cents in 2014. The change is 21.5 cents signifying a decrease of 21.5 cents. There has been a significant change in EPS and compared to 2014 the percentage decrease is 97.72 %. Thus it can be stated that there have been significant changes in Earning per share as a result of restructuring of capital. Moreover operating revenue has increased by 25.8 % that is significant. Consequent rise in the cost of goods sold have also been observed (Aside, et al, 2016). Part 4 Reviewing statement of cash flows For 2015 a) Net cash inflow (outflow) from operating activities Receipt from customers 231,442 Payment to suppliers 194,315 Interest received 446 Payment of income tax 68 Payment of interest 3478 Transaction cost of IPO 7597 Cash flow from discontinued operations 5192 Cash flows from operating activities 31952 For 2014 Receipt from customers 185,260 Payment to suppliers 159,868 Interest received 354 Payment of income tax 68 Payment of interest 3600 Transaction cost of IPO Nil Cash flow from discontinued operations 4256 Cash flows from operating activities 26011 b) Net cash inflow (outflow) from financing activities For 2015 Buyback of shares Nil Receipts from issue of shares 35645 Receipts from borrowing 47500 Transaction cost levied on share issuance (2878) Repayment for borrowings (40387) Redemptions paid for redeemable preference shares (71476) Cash inflows from discontinued operations Nil Net Cash inflows from financing activities (31596) For 2014 Buyback of shares (11) Receipts from issue of shares Nil Receipts from borrowing (2016) Transaction cost levied on share issuance Nil Repayment for borrowings (552) Redemptions paid for redeemable preference shares Nil Cash inflows from discontinued operations (1552) Net Cash inflows from financing activities (4131) c) Net cash inflow (outflow) from investing activities For 2015 Sale proceeds from property, plant and equipment Nil Acquirement of property, plant and equipment 6878 Purchase of intangible assets Nil Investment in discontinued operations 1374 Loss from discontinued operations 7044 Net cash flow from investment activities (15296) For 2014 Sale proceeds from property, plant and equipment Nil Acquirement of property, plant and equipment 4146 Purchase of intangible assets 2108 Investment in discontinued operations 371 Loss from discontinued operations Nil Net cash flow from investment activities (6625) d) Net increase/decrease in cash from different activities For 2015 Receipt from operating activities+ cash flows from investing activities+ cash flows from financing activities = 31952+ (15296) + (31596) = (14940) Cash and equivalent at the beginning of the year = 24377 Cash and equivalent at the end of the period = 9437 For 2014 Receipt from operating activities +cash flows from investing activities+ cash flows from financing activities = 26011+ (6625) + (4131) = 15255 Cash and equivalent at the beginning of the year = 9122 Cash and equivalent at the end of the period = 24377 From the analysis of the operating, financing and investing activities certain pattern can be observed. The cash flow from operating activities increased in 2015 as compared to 2014. This increase is 31952-26,011= 5941. When expressed in terms of percentage it comes out to 22.84 %. Thus the cash inflow increased significantly from 2014 at a rate of 22.84 %. The operating activities got a major boost from increase in sales and apart from the income from sales the volume of interest received by the company was greater in 2015 (Carlon et l, 2013). Other than that the cash inflow from operating activities benefitted from cash flows from discontinued operations that increased from $4256 in 2014 to $5192 in 2015. . However when other activities of the company is analysed namely investing and financing activities it may be seen that Adair performed poorly. There was negative cash inflow from both the investing and financing activities for the year of 2014 as well as 2015 (McPhail and Walters, 2009). The quantum of such outflow was greater in 2015 than 2014 and it may be seen that there were some significant issues affecting the revenue generation of the company within investing and financing activities (Dumay and Cai, 2014). The figures have been written in brackets indicating it was negative. To be specific cash flow from investing activities stood at $ (15296) in 2015 whereas it was (6625) in 2014. Thus resulting increase in net cash outflow for 2015 was $ 8671. When expressed in terms of percentage this decrease is 130.88. In other words cash outflow from investing activities increased significantly by 8671 from 2014 to 2015. Moreover it may be opined that significant contributors for such in crease in investing activities was Acquisition of property plant and equipment (Kumarasiri, 2012). Expenditures on such acquisition were 4146 in 2014 as compared to 6878 in 2015. Moreover there was cash loss from discontinued operation to the amount of $7044. Investment in such discontinued operations was 1374 in 2015 and when compared to the figures for 2014 this was $371. Thus there has been significant increase in cash flow from discontinued operations. All these together have led to increase in negative cash flow from operating activities (Morison and Ramsay, 2015). Cash flow from financing activities also witnessed significant inflow and outflow. Adairs received proceeds from borrowings and share issue for the amount of $47500 and $356445 respectively. However there was significant cash payment for the company for redeeming preference shares and repayment of borrowings. There were also transaction costs on issue of shares thus the net cash flows used in financing activities amounted to $(31596). Proceeds from borrowings amounted to $ (2016) and repayment of borrowings resulted in $ (552) in the year of 2014. Financing cash flows from discontinued operations was $(1552) in 2014. As such the net cash flow used in financing activities was $ (4131) and it may be stated that there was greater cash outflow for the year of 2014 as compared to the year of 2015 (Randeberg and Selvik, 2014). The resultant increase of cash outflow was (31596-4131) = $27465. Thus it may be seen that there was negative cash flow from financing activities. For the year 2014 the net increase in cash and equivalents was 15,255 whereas the corresponding figure for 2015 was (14940) indicating a steep decline of $30195. Moreover the cash and equivalents at the end of 2014 and 2015 was 24377 and 9437 respectively. Thus it can be stated that the cash flow for the year 2015 witnessed significant cash outflow resulting in such erosion (Southey, 2011). Reviewing stock holders equity section Ordinary shares issued by the company were 165,875 in the year of 2015. For Adair the issued shares in 2014 were 34718. The company was listed in the Australian Stock Exchange at a price of $2.40 per share. Before such listing in the ASE there was a restructuring of the share capital and every ordinary share was divided by a factor of 4.35. Thus such a split resulted in creation of 116,305,000 ordinary shares without any extra cost (Cunningham et al, 2011). As per the information provided by the company it can be stated that there were 1569 shareholders holding 91,064, 990 fully paid ordinary shares. The review of the stockholders equity section also provides insight into the number of shares held by individuals along with the range. The company has created five ranges that depict the range coupled with the number of shares held by each of the ranges. A review of the balance sheet for the company reveals earnings per share attributable to ordinary equity holders of the parent and ear nings per share from continuing operations (Curwin and Slater, 2007). The basic profit for 2015 attributable to ordinary equity holders is 0.5 cents whereas this was 22 cents in 2014. Again earnings per share for the continuing operations were 1.9 cents in 2015 as compared to 20 cents in 2014. Profit for 2015 and 2014 was $745and 7545 respectively (Srivastava and Mock, 2013). The following graph illustrates the weighted average number of ordinary shares. Thus it can be inferred that there has been significant decrease in the earning per share post the listing of the company in ASX. The company was listed in ASX only in the month of June 2015 and as such it may be seen that a restructuring of the shares reflected in the Earning per Share. The profitability of the company has been calculated by implementing an equation as illustrated in the prospectus (Adairs, 2016). Again, the pro forma earnings per share for the year 2015 has been illustrated in the subsequent section. Earnings before Interest and Tax were $31,409. The pro forma tax after payment of income tax was $ 21986. Share price after the end of the year was $2.78 with an EPS of 15 cents. Moreover it may also be stated that as per the prospectus of the company the actual EBIT of the company was 5.7 % over the forecasted profit. Thus it may be opined that the performance of the company was commendable and is stated to improve over the coming years (Zikmund et al, 2012). As of Ju ne, 2015 there was no outstanding shares and therefore dilutive EPS is the same as that of basic EPS. Recommendation and Conclusion Accounting and business decision are entwined and investments are carried out by understanding the financial acumen of the entity. For the purpose of this study Adairs Ltd has been chosen as the company. The company was listed in the ASX only in June 2015. However the operational history of the company dates back to 1918. From the study of the financial instruments it can be opined that the company has been able to perform well. The paper has also evaluated the balance sheet of the company for the purpose of ascertaining current assets, non-current assets, current liabilities, non-current liabilities and stakeholders equity (Pratt, 2013). It can also be observed that operating activities of the company has been fairly stable and lucrative. However there has been significant erosion in the value of the investment from financing and investing activities resulting in net decrease in cash during the year. Therefore the cash position of the company was weakened to a substantial degree. Fr om a viewpoint of the investment in the company it may be stated that the company has performed well within the Australian market (Fulmer and Cargile, 2016). The process of investment is typically carried out after analysing the different macro and micro environmental factors. Combined with past operations and these factors it can be opined that Adairs is one of the suitable companies that has its own brand equity. 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