Fashion and style in United States Essay Example | Topics and Well Written Essays - 1500 words

Fashion and style in United States - Essay Example The essay "Fashion and style in United States" explores the style and trends of fashion in the United States. The United States of America experienced varied trends in fashion over the years. In the twentieth century, the United States of America accepted African American rights as resettled into a mostly Caucasian culture, mixing the two cultures which affected fashion and the Afro got seen in mainstream America in the latter 1960s. For example, James Brown influenced afro to be a fashion statement by recording the song â€Å"Say It Loud-Am Black and Am Proud†. This got reinforced by its use in the novel and film The Commitments used statements of James Brown song in 1987 . Film and novel are forms of media that disseminate fashion. Media an especially magazine such as Flaunt portrayed American standard of life has being exceptionally high, therefore, leading the world in life and style. Many people in other countries who lead magazines and watched American films tried to cop y those fashions. American magazines and films in other countries contributed to fashion development . This has happened and happens now through; films, news and radio that have taken the influence of American culture and fashion to other regions of the world. The books and websites referenced in this essay give a clear insight into the media’s role in fashion. However, it is the printed and visual media that chronicled and advertised the changes in trends and fashions. Therefore, they must be held responsible for its dissemination. of  fashion  through America and elsewhere6.  Every decade saw  new  changes in trends of  fashion  in the United States of America. The style and  fashion  changes significantly affected the lifestyles people. The media, for example,  film  changes people’s thoughts, their talks, their behavior and  fashion  changed. For instance, The Commitments film made many African Americans  maintain  the Afro hairstyle7. Many people after the World War II lived in the United States  hence  acquiring the  fashion  and  culture. The media were the first to ensure that people got the information about  culture  and  style8. Media Media is a  broad  name for a system of tools that  are used  to communicate ideas and information over vast distances. Media can be used to  disseminate  fashion ideas and information over to many people at once. Magazine publications and films  are distributed  over large geographical locations, therefore, reaching many people at once. There are two broad classifications of media these are broadcast and print media. In broadcast media information  is transmitted  electronically, for example, in radio, television and film. Print media  alternatively  uses  physical  method  like a  newspaper  to  transmit  information. For instance, an individual may  hand  out leaflets (printed media), therefore; a few people  seeà ‚  the  information. Another person may also  put  up billboards across America so that many people see (more effective  mass  media). Media can be also be classified into  print, digital and photography. Photography spreads information in

Financial Accounitng Essay Example | Topics and Well Written Essays - 3250 words

Financial Accounitng - Essay Example Revenues are realizable when assets received in exchange are readily convertible to known amounts of cash or claims to cash. Revenues are earned when the entity has performed its duties to be entitled to compensation. There are four main transactions of this kind: Revenue from selling inventory is recognized at the date of sale (usually interpreted as the date of delivery). Revenue from performing services is recognized when services have been performed and are billable. Revenue from permission to use company's assets (e.g. interests for using money, rent for using fixed assets, and royalties for using intangible assets) is recognized as time passes or as assets are used. Revenue from selling an asset other than inventory is recognized at the point of sale. However following are the exceptions to above rule. Revenues not recognized at the time of delivery The general rule says that revenue from selling inventory is recognized at the point of sale, but there are several exceptions. Buyback agreements Buyback agreement means that a company sells a product and agrees to buy it back after some time. If buyback price covers all costs of the inventory and related holding costs, the inventory remains on the seller's books. There was no sale. Returns Companies, which cannot reasonably estimate the amount of future returns and/or have extremely high rates of returns, should recognize revenues only when the right to return expires. Those companies, which can estimate the number of future returns and have a relatively small return rate can recognize revenues at the point of sale, but must deduct estimated future returns. Revenues recognized before delivery Long-term contracts This...If buyback price covers all costs of the inventory and related holding costs, the inventory remains on the seller's books. There was no sale. Companies, which cannot reasonably estimate the amount of future returns and/or have extremely high rates of returns, should recognize revenues only when the right to return expires. Those companies, which can estimate the number of future returns and have a relatively small return rate can recognize revenues at the point of sale, but must deduct estimated future returns. This exception primarily deals with long-term contracts such as constructions (buildings, stadiums, bridges, highways, etc.), development of aircraft, weapons, and space exploration hardware. Such contracts must allow the builder (seller) to bill the purchaser at various parts of the project (e.g., every 10 miles of road built). (3) The seller is expected to complete the project, then revenues, costs, and gross profit can be recognized each period based upon the progress of construction (that is, percentage of completion). For example, if during the year, 25% of the building was completed, the builder can recognize 25% of the expected total profit on the contract. This method is preferred. However, expected loss should be recognized fully and immediately due to conservatism principle. According to Completed, contract method should be