Reflection paper Essay Example | Topics and Well Written Essays - 1000 words - 7

Reflection paper - Essay Example They have also dug tunnels beneath the private property of individuals. This is with an aim of preventing Israel from attacking them, or destroying their weapons. This is because by using settlements where people live, Hamas is able to use them as human shields. Under International Law, it is a crime and illegal for soldiers to attack and kill unarmed civilians. Due to this tactic initiated by Hamas, the death toll of civilians in Gaza was so high, that Barnard and Rudoren identify as 650 people. This is by the time that this article was written. Barnard and Rudoren (2014) explain that under international law, Hamas has a legal obligation of minimizing its military operations near areas where civilians are living. Furthermore, they believe that Hamas is committing a war crime, through their action of firing rockets indiscriminately. Barnard and Rudoren (2014) also maintain that Israel has an obligation of identifying specific military targets in Gaza, and ensuring that civilians are not threatened by their military actions. The tactics of using civilians as human shield by Hamas, and storing weapons in civilian neighborhoods, is an example of urban warfare. Under international law, urban warfare is not illegal, but the law requires that the parties to the conflict must ensure that civilians are protected from harm. Barnard and Rudoren recognize that Israel is a more powerful army, as compared to Hamas, and hence to level the field, Hamas had to protect its weapons by hiding them in civilian areas, and engaging Israel in thos e areas (Barnard and Rudoren, 2014). However, after Barnard and Rudoren (2014) quoting thee extensive use of human shields by Hamas, they point out that there is no evidence that Hamas forced civilians to stay in such areas. Through this assertion, Barnard and Rudoren (2014) were trying to denote that Hamas was not committing an international war crime. To judge on whether this

Victoria Kite Company Essay Example | Topics and Well Written Essays - 1750 words

Victoria Kite Company - Essay Example Total collections $47200 $66100 $51500 January February March Schedule c: Purchases Budget Desired ending inventory $0 $0 $0 Cost of goods sold $20950 $37500 $19000 Total needed $60000 $37500 $19000 Beginning inventory $39050 $0 $0 Purchases $20950 $37500 $19000 Schedule d: Disbursements for Purchases 100% of previous month's purchases $23050 $20950 $37500 March 31 accounts payable $19000 Financial Statements Exhibit I VICTORIA KITE Budgeted Statement of Cash Receipts and Disbursements For the Three Months Ending March 31, 2005 January February March Cash balance, beginning $5000 $5000 $10850 Minimum cash balance desired $5000 $5000 $5000 (a) Available cash balance $0 $0 $5850 Cash receipts and disbursements: Collections from customers (Schedule b) $47200 $66100 $51500 Payments for merchandise (Schedule c) $35550 $37500 $19000 Rent $8050 $250 $250 Wages and salaries $15000 $15000 $15000 Miscellaneous expenses $2500 $2500 $2500 Dividends $1500 $0 $0 Purchase of fixtures $0 $0 $3000 (b) Net cash receipts & disbursements ($154000) $10850 $11750 Excess (deficiency) of cash before financing (a + b) ($15400) $10850 $17600 Financing: Borrowing, at beginning of period $15400 $0 $0 Repayment, at end of period $0 $0 $15400 Interest, 10% per annum $0 $0 $385 (c) Total cash increase (decrease) $15400 $0 ($15785) from financing (d) Cash balance, end (beginning balance + c + b) $5000 $10850 $7665 Exhibit II VICTORIA KITE Budgeted Income Statement For the Three Months Ending March 31, 2005 Sales (Schedule a) $175000 Cost of goods sold (Schedule...Thus, the JIT philosophy is an elimination of non-value adding activities in the company's supply chain to boost manufacturing efficiency, driving down cost, and ensuring maximum customer satisfaction by driving down prices of commodities. This report will look at the feasibility and compatibility of this system to the company's current operations. Since these factors can be best measured quantitatively, this report will present a master budget utilizing the company's assumptions. Part 1 will provide the schedule of Victoria Kite's sales budget, cash collections, purchases budget and disbursements. The next part looks at the impacts of JIT to the company's financial performance by providing a pro-forma income statement, cash flow, and balance sheet for the first quarter of 2005. The financial statements presented in Exhibits 1-3 shows that JIT will bring in profits and incremental shareholder