Mission Statement

The Rant's mission is to offer information that is useful in business administration, economics, finance, accounting, and everyday life. The mission of the People of God is to be salt of the earth and light of the world. This people is "a most sure seed of unity, hope, and salvation for the whole human race." Its destiny "is the Kingdom of God which has been begun by God himself on earth and which must be further extended until it has been brought to perfection by him at the end of time."

Friday, September 8, 2023

Powerful ROOT CHAKRA balancing | release FEAR | LAM sound | 395Hz

Training Vlog: Day 312 of Year 2 of Operation Great Reset - Build Back B...

“For many, an explosion of mental problems occurred during the first months of the pandemic and will continue to progress in the post-pandemic era. In March 2020 (at the onset of the pandemic), a group of researchers published a study in The Lancet that found that confinement measures produced a range of severe mental health outcomes, such as trauma, confusion and anger.[153] Although avoiding the most severe mental health issues, a large portion of the world population is bound to have suffered stress to various degrees. First and foremost, it is among those already prone to mental health issues that the challenges inherent in the response to the coronavirus (lockdowns, isolation, anguish) will be exacerbated. Some will weather the storm, but for certain individuals, a diagnostic of depression or anxiety could escalate into an acute clinical episode. There are also significant numbers of people who for the first time presented symptoms of serious mood disorder like mania, signs of depression and various psychotic experiences. These were all triggered by events directly or indirectly associated with the pandemic and the lockdowns, such as isolation and loneliness, fear of catching the disease, losing a job, bereavement and concerns about family members and friends. In May 2020, the National Health Service England’s clinical director for mental health told a Parliamentary committee that the “demand for mental healthcare would increase ‘significantly’ once the lockdown ended and would see people needing treatment for trauma for years to come”.[154] There is no reason to believe that the situation will be very different elsewhere.”
― Klaus Schwab, COVID-19: The Great Reset

Rosary from Lourdes - 08/09/2023

Catholic Daily Mass - Daily TV Mass - September 8, 2023

Accounting: The Language of Business - Vol. 2 (Intermediate: Part 100)


I also want to raise the possibility that there are, in the very long term, "virtue effects" in economics- for instance that widespread corrupt accounting will eventually create bad long term consequences as a sort of obverse effect from the virtue-based boost double-entry book-keeping gave to the heyday of Venice. I suggest that when the financial scene starts reminding you of Sodom and Gomorrah, you should fear practical consequences even if you like to participate in what is going on.

 Accounting and the Time Value of Money (Part J)

by

Charles Lamson


Formula Solution for a Future Value of an Annuity Due Problem. Equation 7.11 shows the formula for a future value of an annuity due problem:





Factor Table Solution for Solving Future Value of Annuity Due Problems. Table 7A.4 presents the factors for solving future value of annuity due problems. We use Equation 7.12 (in Table 7A.4) to solve future value of annuity due problems using the factors in Table 7A.4.


Click to enlarge.

The pertinent factor is in the row for the number of corresponding periods and the column for the interest rate per compounding period. For example, Exhibit 7.10 presents the factor of 6.8983 for a 4% interest rate over 6 periods.





*GORDON, RAEDY, SANNELLA, 2019, INTERMEDIATE ACCOUNTING, 2ND ED., PP. 336-338*


end

Thursday, September 7, 2023

Training Vlog: Day 311 of Year 2 of Operation Great Reset - Build Back B...

“the cost of storing information is approaching zero (storing 1GB costs an average of less than $0.03 a year today, compared to more than $10,000 20 years ago).” ― Klaus Schwab, The Fourth Industrial Revolution

Rosary from Lourdes - 02/12/2025