The Legalization Of Medical Marijuana - 1957 Words

Micki Mooberry Mr. Sullivan English III 15 September 2014 Legalization of Medical Cannabis Alzheimer disease, Glaucoma, AIDS, cancer, and over a hundred illnesses, all are adequately helped with this one drug that has been kept under lock and key by the law. Cannabis; marijuana; weed; a drug that has been around for thousands of years, yet not one death recorded, may be the most beneficial medicine out there. Cannabis is a drug that can be easily grown personally, or in a business, and is probably the safest and most organic medicine. Not only is it a natural herb, but it is also the cleanest medicine you could intake. Marijuana should be legalized for medical use in that it has incredible health benefits, and would positively bring a large crime rate shift, and would help lift the economy. Though many disagree with the use of Medical Marijuana, there are really some amazing benefits that can help sick people. Marijuana can help treat minor sickness to some of the worst of illnesses. There are certain chemicals in marijuana such as THS, and CBD that can have a positive effect on most illnesses. †Medical uses for cannabis date back to 2737 B.C, when the Chinese emperor and pharmacologist Shen Neng prescribed the drug for gout, malaria, beriberi, rheumatism and memory problems.† (McMullin 142) This evidence shows that not only has cannabis been around for thousands of years, but ever since, it has been used a very affective drug used for many different treatments. â€Å"In theShow MoreRelatedLegalization Of Medical Marijuana And Marijuana1486 Words   |  6 Pages Legalization of Medical Marijuana Name: Institution: Abstract In 1996, California set a pace that would lead to today’s debate on medical marijuana and marijuana as a whole by passing the Compassionate Use Act that allowed the use of medical marijuana. Other states have since followed the trend and school of thought, case in point; Alaska, Colorado, Connecticut, Hawaii, Maine, Massachusetts, Michigan, Montana, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Vermont andRead MoreThe Legalization Of Medical Marijuana1314 Words   |  6 PagesMarijuana is the most frequently abused illegal substance worldwide. Not only is there no legitimate medical use, it has been tied to physical, mental, and emotional damages. â€Å"Marijuana refers to the dried leaves, flowers, stems, and seeds from the hemp plant Cannabis sativa, which contains the psychoactive (mind-altering) chemical delta-9-tetrahydrocannabinol (THC), as well as other related compounds† (National Institute on Drug Abuse). There are many supporters of the legalization of medical marijuanaRead MoreThe Legalization Of Medical Marijuana1558 Words   |  7 Pages Alaskan Thunderbolt Whether pro, con, user or bystander. The issue of the nationwide legalization of medical marijuana is one that infringes both in political and social standards. Be it that marijuana is subsequently abused, and utilized as an illegal drug. It is regarded highly, as a controversial issue which affects the amenity of conservative, modern America. Because of which one should further seek to understand. Things like its history, correlation with crime, effects on economy, effectsRead MoreThe Legalization Of Medical Marijuana866 Words   |  4 PagesJimmy Fulcher Mrs. Gallos English 3 31 October 2014 Legalization of medical marijuana in North Carolina Legalizing medical marijuana for North Carolina would be extremely beneficial. Marijuana does not only relieve stress but it can cure symptoms of cancer, epilepsy, glaucoma, and Crohns’s disease. Twenty-three states have already legalized it and it has helped thousands of people. If something that is grown naturally in the earth can be beneficial to society and do the same job as all these drugsRead MoreThe Legalization Of Medical Marijuana1314 Words   |  6 Pages Thomas Gordon The Legalization of Medical Marijuana Health Care Research Utilization Marie Vasquez HCS 465 March 19, 2016 The Legalization of Medical Marijuana Marijuana is one of the most discussed and controversial topics in the U.S today. Many say that it has medicinal benefits and should be made legal. While many say that it has a â€Å"high potential for abuse† (Medical) and should remain illegal. Among the arguments, proponents for medical marijuana have presented a stronger argumentRead MoreThe Legalization Of Medical Marijuana2180 Words   |  9 PagesThe legalization of medical marijuana has brought into question various components of medical care for advance practice nurses (as well as others within the larger healthcare profession). In addition to navigating the legal complexities of care associated with this particular method, advance practice nurses must understand prescriptive rights, best practices for us and how statutory language as it is currently written has been amended for medical use. This is a growing movement in the healthcareRead MoreThe Legalization Of Medical Marijuana2985 Words   |  12 Pagesmany other nations as well, drug policy and the rationale behind these policies have started to undergo a tremendous shift. This change in public policy is visible to most through the ongoing legislation across America regarding the legalization of medical marijuana in 23 states, and recreational cannabis use becoming legal in 4 states as well (Hanson, 2015). This shift in public policy marks a significant turning point in the view of drugs and drug culture in the United States and reflects increasedRead MoreLegalization of Medical Marijuana Essay863 Words   |  4 PagesMedical Marijuana: A Topic Leaving People Up in Smoke Renee Grant ENC 1101-1002 Professor Bahle March 30, 2013 Medical Marijuana: A Topic Leaving People Up in Smoke Medical marijuana has been an ongoing fight between the federal government, physicians and patients. Contrary to many beliefs, marijuana, whether it is used for medical reasons or recreational is non-lethal. It has been proven to be useful in many medical conditions. There hasRead MoreThe Legalization of Medical Marijuana Essay520 Words   |  3 Pages Legalization of medical marijuana The green plant with many names like weed and bud, but more commonly known as Marijuana has been getting a lot of publicity because of the legalization of the plant in Oregon and Colorado for recreational use, yet its not legal for medical use in Ohio. Ohio is considered to be the next big state to legalize marijuana for medical use this november and could be a key state for legalization across the nation. Background The oldest recorded date for the plant wasRead MoreLegalization Of Marijuana For Medical Use1537 Words   |  7 PagesLegalizing Medical Marijuana Elizabeth Vogt ENC 1101 Professor Ruppert Keiser University October 23, 2014 Abstract Many people have different opinions on the delicate topic of the legalization of marijuana for medical use. Although it could help those who suffer from chemotherapy-induced nausea and vomiting (CINV), cachexia, spasticity, pain and rheumatoid arthritis, it also has a lot of negative side effects that many doctors and physicians are trying to inform the public. Some of these negative

The Life Of James Madison Essay - 1418 Words

The Life of James Madison Madison Williams Central High School November 9, 2015 3rd Period Abstract In my paper I will state and explain the least known aspects of James Madison. James Madison contributed to some of the most simple and complex events that have not been recognized. For his job well done, I am willing to make those aspects known. The Life of James Madison James Madison, also known as â€Å"The Father on the Constitution†, contributed to quite a few intellectual events in the United States. Madison was an intelligent man with bright ideas that helped this country become the one it is today. With all his appearances to debates, committee meetings, and being elected in conventions, he was able to present us the federal government we have today and some of our basic rights. James Madison’s life and times, before, during, and after presidency is now becoming more well known and interpreted. James Madison was born on March 16, 1751, in Port Conway, Virginia, to Colonel James Madison Sr. and Eleanor Rose Conway. Madison and his siblings gre w up into the Christian religion since his family was very religious. James had eleven other siblings and was the oldest out of them all. All his siblings were outgoing and playful, but James was the most fragile out of all his siblings due to Epileptoid Hysteria. Epileptiod Hysteria is a sickness that causes seizures, a fear that affects your mind, and it affects how you think about different situations. Due toShow MoreRelatedThe Life and Accomplishments of James Madison995 Words   |  4 PagesJames Madison was born in Port Conway, Virginia on March 16th, 1751. Madison received an education at the college of New Jersey and graduated in 1771. He studied Latin, geography, and Philosophy. In 1774 he joined the local committee of safety which was a patriot group that monitored the actions of the local militia. Two years later Madison became a delegate in the Virginia convention and took part in the framing of the Virginia constitution. During the general election for delegates in th e stateRead More The Life and Political Career of James Madison Essay4338 Words   |  18 PagesThe Life and Political Career of James Madison James Madison is most widely known as the father of the Constitution. It is a title â€Å"deeply deserved on many accounts† (Wills 37). Although his many achievements at times are overshadowed by his work on the Constitution, Madison’s life reflects a legislative talent (Wills 3). Through his interest in politics, he was able to shape the forming nation. Education, illness, and religion dominated the beginning of James Madison’s life; the experiencesRead MoreJames Madison : Virginian Representative And Father Of The Constitution1174 Words   |  5 Pages Garry Liu American Government 272146 James Madison: Virginian Representative and Father of the Constitution James Madison, the son of a farmer, was nicknamed the â€Å"Father of the Constitution† (Garrett Ward, 2) (Garrett Ward, 2) for his large role in ratifying the Constitution. He was also very well-known for his Federalist ideals which still are followed in our government today. Not only did Madison aid to formulate the Constitution but he also made the frame for the Bill of Rights andRead MoreA Birth Of A Legend1663 Words   |  7 Pagesone a time† because the story was not a fiction, but the man himself was like a fictional hero. Father of a nation. James Madison born in Port Conway Virginia, from James Madison and Eleanor Rose Conway in 1751. He was youngest of twelve kids, and only seven of them could made through adulthood. His father was a tobacco planter having more than 4,000-acre land and many slaves. Life was not generous and compassionate when it came to his health and childhood. As an infant, he had a worried lookingRead MoreGeorge Washington, John Adams, An d Thomas Jefferson1322 Words   |  6 Pagesstands five feet four inches tall, is James Madison. With all due respect, James Madison has accomplishments that stand just as well against the test of time. James Madison to me is one of the most important Founding Fathers. Please allow me to explain why I chose Mr. James Madison, the background and upbringing of him, some of his most notable contributions to the Unites States and why those contributions are still important today. The reason I chose James Madison over the rest of the Founding FathersRead MoreJames Madison And Andrew Jackson1394 Words   |  6 PagesINTRODUCTION James Madison and Andrew Jackson are some of America’s greatest presidents. They both did great things including being one of the Founding Fathers and being the most famous and well-known war hero of their time. James Madison and Andrew Jackson have many similarities and differences. For example, both of them served time in the military and they also both agreed with the removal of Native Americans. One of their major differences is that James Madison was born into a rich plantationRead MoreThe Federalist Papers By John Jay1184 Words   |  5 PagesThe Federalist Papers Essay The Federalist Papers written by John Jay, Alexander Hamilton and James Madison were wrote to convince the people of the states that the newly written constitution would be a vastly better system of government than the articles of confederation, and that the states should ratify it. The purpose of Federalist Paper No. 51 is to inform the reader of safeties created by the constitutional convention to maintain separate branches of government, and to protect theRead MoreJames Madison : The First President Of The United States991 Words   |  4 Pages James Madison was the smallest elected president of the United States; he measured 5 feet 4 inches and weighing less than 100 pounds. He was born on March 16, 1751 in Port Conway, Virginia. Madison Jr. was born in a family where tobacco planting was the main resource of income. His father James Madison Sr., owned a huge tobacco plantation with his mother Nelly Conway. Madison was the oldest of 10 children, and as a young kid he suffered from psychosomatic, epilepsy, and voice impairmentRead MoreEssay The Creation of the American Republicn - James Madison1169 Words   |  5 PagesThe Creation of the American Republicn - James Madison James Madison prided himself on his knowledge from books and theories. Madison was born into a class of Virginia planters. His father was the wealthiest landowner in Virginia and it was known that Madison would lead a financially secure life. This factor helped him in his pursuit of education. He gained opportunities to go to elite schools because of his status. Madison was ambitious and he graduated from the College of New Jersey a year earlyRead MoreThe Federalist Paper By James Madison1728 Words   |  7 Pagesactually 3 men, Alexander Hamilton, James Madison and John Jay. They wrote the papers to convince the people of New York to vote to ratify the Constitution. These essays were published in newspapers throughout the state of New York. Federalist 10 was written by James Madison and was titled The Utility of the Union as a Safeguard Against Domestic Faction and Insurrection (continued). This essay was a continuation of Federalist 9. Federalists like James Madison and Alexander Hamilton thought that

Pursuasive Speech Outline Free Essays

To persuade. Specific purpose: At the end of my speech my audience will Identify 2 consequences of drinking and drunk driving, and also 2 safe ways you can avoid those consequences. Central Idea: Drunk driving Is against the law and It causes harm to many people, but with the right precautions, many lives can be saved. We will write a custom essay sample on Pursuasive Speech Outline or any similar topic only for you Order Now Introduction Imagine receiving a call from a police officer telling you that there’s been a terrible accident due to a drunk driver, and they need you to come in and identify a body. We all know that drunk driving is a serious thing that has killed many, but yet some still whose to get behind the wheel and endanger not only themselves, but the others that are on the road. Just think, how would you feel if you were to receive that horrific call? Many of people have unfortunately received this phone call and lost a loved one due to some stupid decisions. I myself have been through this experience. I lost my uncle to a drunk driver. He was riding his motorcycle one night, when a lady who had been drinking earlier that night, crashed Into him causing him to fly off of his motorcycle and Into a wall. The pain that my family went through was unbearable, ND unfortunately many other families have gone through the experience. Whether you’re the person drinking and driving, or you’re a victim of another person’s inconsiderable actions, it’s a problem that is much too common. I’m here today to talk to you about what drinking does to you and your health, the dangers of getting on the road while drinking, and some ways you can ensure the safety of yourself and others (if you do decide to drink). There are multiple ways to avoid going from a fun night out, to a deadly night that you’ll never forget. Body l. What does drinking do to your mental and physical health? A. According to the National Institute on Alcohol Abuse and Alcoholism, alcohol affects many parts of your body. 1 . Along with the blackouts and memory impairment, alcohol affects the way the brain works, which changes mood and behavior. A. This alteration makes decision making harder, which makes driving harder. 2. Drinking In excess, causes multiple problems to your heat, such as: cardiopulmonary, Irregular heartbeat, high blood pressure, or even result in a stroke. 3. Heavy drinking also causes problems to your liver, such as swelling or your liver. 4. Drinking increases your chances of developing liver, mouth, throat, and other types of cancer. 5. Alcohol damages and weakens one of the most important parts of your body, your immune system. A. â€Å"Consuming a lot of alcohol in one occasion slows down your immunes system, even up to 24 hours after getting drunk† (â€Å"Alcohol’s Effects on the Body. ). B. Alcohol is also high in calories, which causes weight gain. C. Many think that alcohol helps relieve stress and helps in difficult situations, but it actually increases your chances of developing mental problems. 1 . Overuse of alcohol often causes depression, anxiety or even bipolar disorder (Salsas). Transition: Now of course If It’s causing changing your Judgment, d riving Is an absolute no! II. Every time you get behind the wheel while drinking, you risk your life, and those around you. A. Alcohol- impaired motor vehicle crashes cost more than an estimated $37 billion impaired driving crashes – one every 51 minutes† (â€Å"Impaired Driving†). C. â€Å"Among drivers with BACK levels of 0. 08 % or higher involved in fatal crashes in 2010, more than one out of every 3 were between 21 and 24 years of age† (â€Å"Impaired Driving: Get the Facts†). Transition: Now the last thing I’m going to talk about, which in my opinion is the most important, is how to avoid anything dangerous happening to you or anyone else. Ill. It would be unreasonable to ask people to not drink at all, but Just take precautions if you do plan of having a drink or two. A. If you’re going out with a group of friends, assign the designated driver position to a friend that is okay if he/ she doesn’t drink that night. B. If you’re by yourself and you’ve been drinking, call a trusted person to come pick you up. C. Never get in a car with someone who has been drinking. 1. Offer to drive, if you haven’t had anything to drink. D. Be very careful and observant while driving, even if you haven’t been driving. Conclusion Now that Eve talked about the harm that drinking does to your health, the dangers of driving while drinking, and ways to ensure your safety; I hope this encouraged you to be careful and be smart enough to never get behind the wheel while driving, or even get inside of a car with someone who is drinking and driving. Some people don’t realize how their actions can affect those around us, and that is why we still have, to this day, people dying from an accident that could have been avoided. There are plenty of people that care about each and every one of you, so please don’t risk your entire life, for a couple of shots and a good night. How to cite Pursuasive Speech Outline, Papers

Baldwin Bicycle Company putting Financial Impact on an Organization

Question: Discuss about the Financial Impact on an Organization for Baldwin Bicycle Company . Answer: Introduction: The present assignment presents the accounting and financial impact on an organization Baldwin Bicycle Company currently, operating in business of bicycle and proposing to include new range of bicycle. In a marketing strategy introduction of new production leads a company to rise in growth and sustainability of the business as well as cannibalization of existing market share of sales of products. In the assignment impact on additional profit, non- recurring additional costs, additional assets and related carrying cost is been chalked out. Additionally, impact on the overall profit and various financial returns has also been measured. 1: Baldwin Bicycle Company included 10 models of bicycle of two different ranges in the year 1989 proposed to enter into business with the buyer Hi- Value. Currently, the sales revenue of the Baldwin Company is around $10 million per year whereas gross profit from the sale of product is around $ 2.8 million (DeFond and Park, 2012). From the new range of products the expected profit in context to the tender provided by the buyer in first year i.e. 1989 is determined below: Expected added profit from the challanger line: As per the proposal of Hi- Valu Particulars No. of units Amount per unit $ Amount $ Price of bikes (a) 25,000 92.29 2,307,250.00 Estimated first year cost: Materials 25,000 39.80 995,000.00 Direct Labour 25,000 19.60 490,000.00 Overhead: 25,000 24.50 - Variable @40% of Overhead 25,000 9.80 245,000.00 Fixed overhead 60% based on 100,000 units 367,500.00 One time cost $ 2,500 per month - - 30,000.00 Total cost (b) 25,000 2,127,500.00 Profit to be earned (a-b) 179,750.00 Reasons: The above calculation is done by considering the proposed data given by Hi- value for 25,000 bicycles for a year before escalated price. It is provided that the inflation escalation will take place after first year hence the prices are taken before the escalation adjustment. Overhead cost incurred for the new range of products is partly variable and partly fixed which is based on 100000 bicycles. Variable cost is 40% of overhead and fixed cost is 60%. Additionally, the onetime cost given is according to per month basis hence the cost is taken as fixed cost and derived for 12 months @2500 $ per month. Therefore, additional expected profit earned by the Baldwin Company will be $ 179,750/- 2: Cannibalization in the marketing strategy means the decrement in the sales volume or sales turnover of existing product due to the production or trading of new product range. In the given case, Baldwin Bicycle Company is into the business of bicycle since 40 years which introducing the new product range of bicycles to its business. This introduction will get the company an additional turnover as well as market growth but subsequently will decline the existing product market share (Bain, 2013). At present, the sales turnover of the entity is around $10.00 million per year while cost of sales per year is around $ 8.00 million and net income after considering other expenses and taxes is $ 0.25 million. The impact on this existing income structure will be against the existing product if we consider Gross income i.e. sales revenue less cost of sales but the impact would be in favour of the net income is considered. This is because the fixed cost allocation will spread from 100,000 units to 125,000 units, which in turn would decrease the cost per unit as fixed cost for any production does not change (Moorthy and Png, 2012). On the other hand, introduction of new products enable a company to grow and develop its business and sustainability in the market structure provided the new product range match as per the quality of the existing product. 3: One-time costs refer to those costs, which are non- recurring in nature and are not considered while measuring the operating expenses of an enterprise. Further, there are some costs, which are one time yet to be included for measuring operating expenses (Hanlon, Lester and Verdi, 2015). For example, fixed overhead costs, onetime costs for a particular parts of products, registration costs etc. In case of Baldwin Bicycle Company, there are certain costs to be recorded and reported as one time basis only. Fixed overhead cost, which is 60 % of the total overhead cost of the product, based on 100,000 units of bicycles. Apart from this cost, Baldwin is required to record estimated non- recurring cost on new range of bicycles i.e. cost of research and development of the proposed bicycles designs, arrangement of sources for fenders, seats and other few parts of the bicycle at the rate of $ 2,500 per month. Apart from these costs, onetime costs also include loss on revenue due to inflation escalation price, which is reported by the company if the buyer provides such adjustments (Dugar and Tripathi, 2015). In the case given, Hi- Value (buyer) has provided Baldwin the tender for inflation escalation clause, which affects the total cost per unit $ 83.90 to $ 92.29. 4: In accounting, the most important aspect for a company in the financial statement is assets, liabilities and inventory. Assets and liabilities of an organization presents a financial position of a company at the end of the accounting year for the useful information for its users. Moreover, inventory is also an important aspect of a financial statement, which is reported on carrying cost, states the value of products remained unsold at the year end. Inventory provides the impact on the efficiency and marketing strategy of the companys performance in the entire accounting year (Bain, 2013). In case of Baldwin Bicycle Company, present non- current asset plant and equipment at a carrying cost of around $ 3.6 million where as current assets valuing at around $4.00 million and inventories at carrying cost $ 2.8 million. On the introduction of new range of products, Baldwin would incur additional assets at related carrying cost which effects the financial position of the company for the year 1989. Proposed project will incur asset related costs in the form of annual variable cost as a percentage of dollar value for pretax cost of funds, record keeping costs, etc total valued at 23.0 percentage of dollar value i.e. 8.092 million $ * 1.23 = $ 9.953 million. Further, added inventory costs incurred will be at an average of two months production for work in progress as well as finished products. Given, 1000 bikes for work in progress and 500 bikes as finished products at carrying cost in proportion to $ 2.7 million *( 0.6%+6.0%)= $0.1782 million (Hanlon, Lester and Verdi, 2015). 5: On taking new production of products by an organization maximum impact falls on the overall profits of the company as well as earnings on assets and equity. Profit is the earnings of a company from the sale of its products considering recurring and non- recurring expenditure. Whereas return on sales is computed by taking net income before interest and taxes to sales which states the efficiency of an entity on generating its profits. On the other hand, return on assets indicated on efficiency of profitability in terms of total assets and return on equity indicates earnings to the equity shareholders of the company (Dugar and Tripathi, 2015). Hence, in case of Baldwin, the overall impact of earnings in various financial terms is as follows: Impact of Return: Amount $ a Profit in the year 1988 255,000.00 Addition profit for 1989 179,750.00 Total profit 434,750.00 b Return on sales: Total profit 434,750.00 Add: Interest 473,000.00 Add: tax 218,000.00 Net Income before interst and tax: (i) 1,125,750.00 Sales ($10,872+ $2,307) (ii) 13,179,000.00 Return on sales (i/ ii) 8.54 c Return on assets: Net Income before interest and tax: (i) 1,125,750.00 Total Assets ($8,092 * 1.23) (ii) 9,953,160.00 Return on assets (i/ ii) 11.31 d Return on equity Net Income (i) 1,125,750.00 Total equity (ii) 3,102,000.00 Return on equity (i/ ii) 36.29 Hence the impact of overall profits and returns of Baldwin is favourable and at an increasing rate (Dugar and Tripathi, 2015). The net profit shows the increase in value at around $ 0.179 million and proposed return on total sales at 8.54 % and return on assets and equity at 11.31% and 36.29% respectively. 6: As per the given case study, in the strategic deal between Baldwin Bicycle Company and Hi-Value, there are some risks and rewards available to both Baldwin as well as Hi-Value. In case of Baldwin, the company needs to sale the bicycles to Hi-Value at a lower price if it enters in to the deal. This may decrease the normal profitability of the company, which is a risk for the company (Bansal and Kaur 2016). However, as the market demand and countrys economic situation are at declining stage, the company can at least sale its inventory and can get a permanent buyer in the market. On the other side, in case of Hi-Value, if the company makes the deal with Baldwin, then it can grab the sports bicycle market in a better way. At the same time, the company can buy the bicycle of Baldwin at a price which is lower than the market price. Therefore, these two are the rewards for the company. However, the main risk for Hi-Value that is associated with this particular business deal is the declined market demand. Due to this, the company may face problem to sell the bicycles after purchasing from Baldwin. On the other side, it may also happen that the market price of the bicycles gets down because of the poor economic situation in the country (Coskun and Kulali 2016). Therefore, this is very important for both the companies to make the business deal by analyzing the overall situation properly. 7: In order to avoid the risks in the business deal with Hi-Value, Baldwin needs to take some steps and these steps are as under: At first the company needs to select the price range by keeping a standard profit level. Otherwise, if the prices of the raw materials certainly increase, then the company may face loss for 6 months because as per the deal no company can break the deal before giving 6 months notice period. Another step that the company may take is the company needs to improve its present capacity of producing bicycles. This is very important in order to decrease the cost level of the company (Peng 2015). If the company increases its capacity and decreases its level of costs, then the company can earn a good amount of profit after selling the bicycles to Hi-Value at a price lower than the market price. The company must maintain a standard level of inventory so that if in any particular month the demand in the market increases, then it can supply the products that is bicycles in the market (Coskun and Kulali 2016). At the same time, as Hi-Value wants to maintain their inventory level for two months, the company that is Baldwin must maintain the inventory level in order to meet the inventory requirement of Hi-Value. Therefore, from the above, it can be said that if Baldwin goes for the business deal with Hi-Value, it needs to take some necessary steps in order to reduce the level of future risks. Conclusion: The above case has been dealt with the derivation of additional and overall profit of the company, Baldwin Bicycle on entering in the production of new range of bicycles from the financial year 1989. The introduction of new products in agreement with the proposed buyer Hi- value states the impact on various financial factors relating to the quantity and quality of the products. Before the introduction of new products, sales of the company were around $ 10.8 million per year which increased to $13.00 million per year approximately. Apart from the additional sales, company had to incur few one- time costs related to research and developments, drawings and other sources of marketing. Moreover, Baldwin had to incur additional costs on assets as percentage to dollar value which increased the overall cost of the company. However the introduction of the new product spread a good and favourable impact on the earnings to equity shareholders of Baldwin at around 36.29 % while return on sales a t 8.54 %. Reference List: Bain, J.S., 2013. Relation of profit rate to industry concentration: American manufacturing, 1936-1940.The Quarterly Journal of Economics, pp.293-324. Bansal, A. and Kaur, A., 2016. A risk and return analysis of selected unit linked insurance plans of selected public and private sector insurance companies.International Journal of Economics and Business Research,11(1), pp.83-99. Coskun, M. and Kulali, G., 2016. Relationship between Accounting Based Risk and Return: Analysis for Turkish Companies.International Journal of Business and Management,11(4), p.240. DeFond, M.L. and Park, C.W., 2012. Smoothing income in anticipation of future earnings.Journal of accounting and economics,23(2), pp.115-139. Dugar, P. and Tripathi, V., 2015. Convergence to IND AS 16: Changes and Implications.IUP Journal of Accounting Research Audit Practices,14(3), p.7. Hanlon, M., Lester, R. and Verdi, R., 2015. The effect of repatriation tax costs on US multinational investment.Journal of Financial Economics,116(1), pp.179-196. Moorthy, K.S. and Png, I.P., 2012. Market segmentation, cannibalization, and the timing of product introductions.Management Science,38(3), pp.345-359. Peng, L., 2015. The risk and return of commercial real estate: A property level analysis.Real Estate Economics.