Miscibility of Fluids in Chemistry

Miscibility of Fluids in Chemistry On the off chance that you add 50 mL of water to 50 mL of water you get 100 mL of water. Additionally, in the event that you include 50 mL of ethanol (liquor) to 50 mL of ethanol you get 100 mL of ethanol. Be that as it may, in the event that you blend 50 mL of water and 50 mL of ethanol you get around 96 mL of fluid, not 100 mL. Why? The appropriate response has to do with the various sizes of the water and ethanol atoms. Ethanol particles are littler than water atoms, so when the two fluids are combined the ethanol falls between the spaces left by the water. Its like what happens when you blend a liter of sand and a liter of rocks. You get under two liters absolute volume on the grounds that the sand fell between the stones, correct? Consider miscibility mixability and its simple to recollect. Liquid volumes (fluids and gasses) arent essentially added substance. Intermolecular powers (hydrogen holding, London scattering powers, dipole-dipole powers) likewise have their impact in miscibility, however that is another story.

Important Presidential Elections Essay Thesis Example For Students

Significant Presidential Elections Essay Thesis Probably the most significant presidential elections1812 The appointment of 1812 comprised of a fight between James Madison, and DeWitt Clinton. Madison had spoken to both Democratic and Republicanbeliefs, while Clinton was a Federalist. James Madison was conceived in Port Conway, Va., on March 16, 1751. APrinceton graduate, he joined the battle for freedom on his returnto Virginia in 1771. He had been a functioning legislator during the 1770s and1780s. He was significantly know for supporting the Jefferson change program,and in the Continental Congress. Madison, in coordinated effort, hadparticipated significantly in the, Federalist, a paper whos principle reason for existing was toratify the constitution. Madison initially became president in 1809, when hebested Charles C. Pickney. He had driven the U.S. in an exceptionally disliked war, inwhich the U.S. hadnt been readied forthe War of 1812. De Witt Clinton was a Federalist, whos primary reason for the political race wasto get the U.S. out of a war wherein he felt was superfluous. DeWittheld each significant elective office in New York between 1797 and1828assemblyman, congressperson, chairman of New York City, lieutenant governor,and senator. He was a humanitarian and benefactor of expressions of the human experience and scienceand, as channel official, supported development of the Erie andChamplain waterways The technique wherein these up-and-comers got selection was by theElectoral College, or by King Caucus. The possibility of political conventionshad not been available as of now. There were no outsider applicants inthis political race. The significant issue of this political race was the War of 1812. The War of 1812, orMr. Madisons War, had been exceptionally disliked among various areas ofAmerica. For the most part the boat proprietors in New England. The war was assumed toprotect. This war should support their transportation, yet rather, it hadkept them from exchanging and bringing in cash. The victor of the appointment of 1812 was James Madison. Madison collected128 constituent votes, while Clinton got 89, and the quantity of No VotesCast was 1. The Vice-presidential competitor, who won the political decision wasElbridge Gerry, who got 131 appointive votes, while Jared Ingersollreceived 86. There was no record of the quantity of well known decisions in favor of thiselection. My assessment of why Madison had won the political decision is on the grounds that he had driven thecountry into the War of 1812, and subsequently, he ought to be permitted to fightit. He was likewise considerably more mainstream than De Witt Clinton. Madisons part inratifying the Constitution, and his other early deeds, were alsoinfluential on the voters minds. He likewise did really well during his firstterm. 1844 The possibility for the appointment of 1844 were James K. Polk, and HenryClay. Two entirely good men, who had incredible designs for the U.S. Polkrepresented the Democratic party, while Clay spoke to the Whigs. James Knox Polk was conceived in Mecklenburg County, N.C., on November 2, 1795. He moved on from the University of North Carolina, from which he thenmoved to Tennessee, where he got unmistakable in state governmental issues. He waselected to the place of delegates in 1825. He was chosen Speaker ofthe House in 1835. After four years, he was chosen legislative head of Tennessee,but was beaten in goes after for re-appointment in 1841, and 1843. Martin VanBuren, the president before the 1844 political race, relied on Polk as hisrunning mate; however when Van Burens remain on Texas distanced Southernsupport, the show swung to Polk on the Ninth voting form. Henry Clay, a key figure in U.S. legislative issues during the primary portion of the19th century, was an ace of the specialty of political trade off. Conceived inHanover County, Va., on April 12, 1777, he examined law in Richmond andmoved to the wilderness province of Kentucky in 1797. Dirt turned out to be more and moreimportant in Kentucky governmental issues, turning out to be speaker of the state get together in1807, and winning political race to the U.S. Place of Representatives in 1811. Mud made his first go after the administration in 1824. Four men ran,including Andrew Jackson, were on the polling form. At the point when no applicant won amajority, Clay tossed his help to John Quincy Adams. Adams won andpromptly named Clay his secretary of state. The gathering individuals won their nomination by essential. The significant miracle of thistime occurred during the Democratic show. Everybody expected VanBuren to be named the Democratic up-and-comer, but since of Van Burensstand on Texas, the selection went to Polk. This political decision hosted nothird-gathering competitors. The significant issue of this political race was the issue of Texas. Polk and theDemocrats, needed Texas in the Union. Mud likewise needed Texas, however he wasafraid that the procurement of Texas would prompt war with Mexico. Claynever made it understood exactly where the Whig party stood. The Oregon territoryhad likewise been a major piece of this political decision. Oregon was the name given toall the land among Alaska and California, west of the Rocky Mountains. Both Great Britain and the U.S. asserted it. Polk said that the Oregonterritory would be Americas, regardless of whether it prompted war. The victor of the political race was James K. Polk. He pulled in 170 electoralvotes, while Henry Clay got 105. There is no record of the number ofpopular votes in favor of this political decision. My assessment of why Polk won this political race is a direct result of his remain ashore. He accepted significantly in Manifest Destiny, and this was extremely mainstream at thetime. Earth, and the Whig party never made it understood with respect to where they stoodon Texas. Maybe if the voters had known without a doubt on which side of theline they stood, this political race may have had an alternate result. 1912 The appointment of 1912 was a three-man race between Theodore Roosevelt, whowas a Progressive, William H. Taft, a Republican, and Woodrow Wilson, aDemocrat. Every one had their own thoughts on the best way to change America, yet onlyone would get an opportunity to do as such. Conceived in NYC on October in 1858, Theodore Roosevelt was a Harvard graduate. His inclinations included farming, governmental issues, and composing. Roosevelt was aRepublican individual from the New York get together from 1882-1884. He was anunsuccessful possibility for civic chairman of NYC in 1886, however became policecommissioner of NYC in 1895. Roosevelt expected the activity of president in1901, after the death of McKinley. Theodore Roosevelt embarkedmainly on monitoring common assets. He was very anit-enormous buisness. After his term was up, he was crushed in presidential essential as aRepublican, so he decided to begin his own gathering, known as theProgressives. Teddy pulled the greater part of the votes in appointment of 1912, butthe split among him and Taft made Wilson become president. Harrison Bergeron Essay Why F.D.R. won the political race as I would like to think is on the grounds that he was a greatpresident. The American individuals adored him, and his style of government. Hegained the trust of the American individuals, by getting them out of the GreatDepression. That is the reason he was chosen for the administration more than anyother president before his time. 1964 The appointment of 1964 was a challenge between Lyndon B. Johnson, a Democrat,and Barry M. Goldwater, a Republican. Johnson was conceived on August 27, 1908, close to Johnson City, Texas, the eldestson of Sam Early Johnson, Jr., and Rebekah Baines Johnson. Johnsonattended state funded schools in Johnson City and got a B.S. degree fromSouthwest Texas State Teachers College in San Marcos. He at that point instructed for ayear in Houston before going to Washington in 1931 as secretary to aDemocratic Texas congressman, Richard M. Kleberg. In 1933, Franklin D. Roosevelt was chosen President. Johnson significantly appreciated the president,who named him, at age 27, to head the National Youth Administration inTexas. In 1937, Johnson looked for and won a Texas seat in Congress, where hemastered open works, recovery, and open force programs. When warcame to Europe he upheld Roosevelts endeavors to help the Allies. DuringWorld War II he served a short voyage through deployment ready with the U.S. Naval force inthe Pacific, however came back to Capitol Hill when Roosevelt reviewed membersof Congress from dep loyment ready. Johnson kept on supporting Rooseveltsmilitary and international strategy programs.In 1953 he won the activity of SenateDemocratic pioneer. The following year he was effectively reappointed as congressperson andreturned to Washington as greater part pioneer, a post he held for the following 6years in spite of a genuine coronary episode in 1955. Barry Morris Goldwater, conceived in Phoenix, Arizona on January 1, 1909, wasthe fruitless Republican presidential up-and-comer in 1964. Goldwater waselected to the Senate from Arizona in 1952. A firm traditionalist, he becamea representative for conservative Republicans in their battle against biggovernment, pushing rather more noteworthy state and neighborhood powers. Hevigorously contradicted government assistance appointments as communist and soughtto check open responsibility for. A solid enemy of Communist, Goldwatersupported American military intercession in Vietnam and scrutinized effortsto accomplish armistice with the USSR. He was conclusively crushed by LyndonJohnson in the 1964 presidential political decision. Goldwater served in the Senateuntil retirement in 1987. Every applicant won his designation by a Presidential Convention, with theprocess of essential races. There were no outsider up-and-comers in thiselection. The primary issue of this political race was social liberties. Numerous individuals opposedLyndon B. Johnsons laws, guaranteeing them to be too ace dark. Manyliberals and blacks themselves accepted that the laws didnt go far enough. Race riots broke out in various urban communities as a result of these contentions. The champ of the political race was Johnson, by an overwhelming margin. He acquired apopular vote aggregate of 43,129,484, and a discretionary vote aggregate of 486. Goldwater, then again, won a well known vote aggregate of 27,178,188, andan discretionary vote aggregate of 52. The explanation Johnson won the appointment of 1964, as I would see it is on the grounds that ofhis earlier term. He had the option to recapture control of the White House, aftertaking over for the killed John F. Kennedy. It was a period ofequality and social equality, and numerous individuals enjoyed and concurred with where hestood on these

Blog Archive MBA Career News Leveraging LinkedIn to Network and Research Your Target Companies

Blog Archive MBA Career News Leveraging LinkedIn to Network and Research Your Target Companies In this new blog series, our mbaMission Career Coaches offer invaluable advice and industry-related news to help you actively manage your career. Topics include building your network, learning from mistakes and setbacks, perfecting your written communication, and mastering even the toughest interviews. To schedule a free half-hour consultation with one of our mbaMission Career Coaches, click here. Once you have a strong LinkedIn profile that represents your personal brand in a positive way, you are ready to use LinkedIn in your job search. This powerful resource can help you both conduct research on your target companies and network with professionals who can help you advance your career. Research If you know your long-term career goal but are not certain what steps to take to achieve it, search the LinkedIn profiles of people who have your ideal role today. Look at their backgrounds, skills, and educational experiences, and try to identify trends. If you are trying to understand the key skills required for a specific position, check out the LinkedIn profiles of people in that role and examine their skills section. You can also review job postings in LinkedIn to discover opportunities of interest to which you can apply as well as to learn more about the qualifications that your target firms seek. If you are looking for companies to add to your list of potential employers, search for people who have worked at one of your target firms and see where they worked before or after that company (use the advanced search features). “Follow” your target companies on LinkedIn. This will allow you to read news articles about each firm, gather information about how it represents its brand online, and view the company’s job postings. Network Tap into the alumni network of your educational institutions (look under the Connections tab ? Find Alumni). You can search alumni by keyword and can also see the cities and companies where they work as well as what their job functions are. Identify first- and second-level connections who work at your target firms (or in your target area of interest). Request informational conversations; specify your connection, and explain that you saw their profile, are seeking to make a transition, and would appreciate their advice (15 to 20 minutes of their time). Offer to reciprocate; perhaps you can connect them to somebody in your network. The key is not having a big network so much as having a strong one. Review your current LinkedIn connections. Do you have any contacts with whom you have not connected in a long time? Reconnect with people who work in your areas of interest to learn about their career or with those you think you could help with their career. Have you been admitted to business school? If so, do you want to get a head start on defining your career goals? Do you need help preparing for job interviews or learning how to effectively network with your target employers? Or maybe you want to be a top performer in your current role but are unsure how to maximize your potential. Let an mbaMission Career Coach help via a free 30-minute consultation! Share ThisTweet Career Advice MBA Career News

Renewable Energy Sustainability At The United Nations Essay

Renewable Energy Sustainability According to the United Nations, the world reached a population of 7 billion people in 2011, and it is estimated that the world population will increase to 9.7 billion people by the year 2050. Due to the lifespan of the average person increasing by almost thirty to forty years within the past sixty years, the population is growing faster than the Earth can possibly sustain everyone. The current main sources of energy are still nonrenewable resources. Nonrenewable resources are those resources that are made with the original organic material, along with the assistance of pressure and heat, become fuels like gas and oil. These nonrenewable resources are fossil fuels such as coal, petroleum, and natural gas. Nonrenewable resources cannot be replenished within a short amount of time. Due to the large population, the earth does not have time to restore all the fossil fuels that are being used in time for them to be reused. Because of this, it has become a g lobal initiative to make use of renewable energy sources to sustain the current and future populations of the world. Renewable resources are resources that can be used repeatedly because of it can be replaced naturally. Examples of renewable resources are: wind energy, geothermal energy, hydroelectric power, and solar energy. The use of renewable energy sources is the only way to sustain the amount of energy needed for the population and to preserve the nonrenewable sources of the earth.Show MoreRelatedSustainable Opportunities For Reducing Carbon Emissions And Climate Change Essay1388 Words   |  6 Pagesdocumentary. The shocking images of melting ice caps, devastating natural disasters, droughts, oppressive heat waves, disease and famine, and all of the direct or indirect perils of unchecked human industry and greenhouse gas emissions captured the nation s attention and propelled global warming into everyday vocabulary (Guggenheim, An Inconvenient Truth). This popular awareness and urgency is spurring change in every corner of society as governments, organizations, and individuals reexamine theirRead MoreThe, Reliable And Modern Energy Services993 Words   |  4 Pagesand modern energy services by 2030. This target is relatively measurable on a macro-level based on the percentage of population with access to various forms of energy, such as solid fuels, biomass, gas, and electricity. However, the qualitative terms â€Å"affordable† and â€Å"modern† would need to be clarified in order for the target to be fully measurable. Target 7.2 aims to increase substantially the share of renewable energy in the global energy mix by 2030. The share of renewable energy is measurableRead MoreThe Annual Spending On Renewable Energy1420 Words   |  6 Pagesspending on renewable energy by the Department of Defense (DOD) will reach $10 billion by 2030† (Schueneman). Right now the military proves to be one of the highest consumers of renewable energy. They are also responsible for using and burning the most fossil fuels in the entire country. The DoD realizes this and that’s why they are working so hard to become a greener military. In order to enhance the security of the American people and to address the every changing requirements of sustainability, the URead MoreThe Current Energy Policy For The United States1542 Words   |  7 PagesThe current energy policy for the United States of America is quickly becoming obsolete in current times. 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Global Poverty And Its Effects On Poverty Essay - 2151 Words

One of the most successful efforts to reduce and more effectively measure poverty has been Mayor Michael Bloomberg’s Center for Economic Opportunity (CEO) in New York City. This paper will explain how CEO was and still is so successful in combatting poverty and will argue that its tactics should be implemented in cities across the nation. Poverty is one of the most important issues that the modern world has attempted to confront. For the most part it has been a huge success. Extreme global poverty has been cut in half in the past 20 years. This statistic is staggering, and not enough people realize how successful industrialization and the globalized world have been at eradicating extreme poverty. While this should be celebrated, there is a different problem that the United States faces while looking inward. The poverty rates within inner cities have not been following the global trends and decreasing, rather they have been on the rise. CEO has been able to turn New York City from one of the nations highest poverty rates in large cities to one of the lowest. For this reason their tactics should be looked at closely as a model for cities across the nation and across the world. When Michael Bloomberg was elected mayor of New York City in 2005, he declared the â€Å"War on Poverty†. While this sentiment has been echoed throughout United States history, the Bloomberg approach differed slightly. Bloomberg was going to wage a data driven war on urban poverty within his city. InShow MoreRelatedEffects Of Poverty On A Local And Global Perspective1953 Words   |  8 Pagesdoing something to help stop them. I chose to research poverty on a local and global perspective because I believe it is one of our biggest and most evolving issues today. According to the Economic and Social Inclusion corporation, â€Å"Poverty is about not having enough money to meet basic needs including food, clothing, and shelter† (New Brunswick, 2009). Although poverty has become a bigger deal today than ever. It is a very complex issue. Poverty is not only a U.S issue but a worldwide problem thatRead MoreHealth Of Health And Global Health1460 Words   |  6 Pagesfocus on improving ones health. Public health and Global health are both equally important in society. Public health focuses on a specific population or communities where as global health focus on health across national borders. The definition of poverty is being extremely poor, not having the sufficient funds. Poverty can have a negative effect on a person health because they do not have the sufficient funds for healthcare. A person living in poverty does not have the resources available; this canRead MorePoverty As A Social Problem1739 Words   |  7 Pages Poverty as a Social Problem Magdalena Brania Mrs. Kropf May 27, 2015 Poverty is inscribed in the history of the world, but it is not inherent fate of every human being. It is also not related to the human nature, which does not mean that it can not be due to its nature. All communities experience it, with a greater or lesser extent way causing psychological and sociological conflicts. Society who have to deal with poverty is not only from undeveloped countries, but also developedRead MoreExtreme Poverty : Chronic Poverty Essay1613 Words   |  7 PagesExtreme Poverty Nathan Larson Northcentral Technical College â€Æ' Introduction ïÆ'Ëœ What is Extreme Poverty? What if you had a chance to save a person? Most would react quickly if given the chance to save another life especially a child’s life. In fact, it is estimated that 16,000 under the age of five die every day due to causes associated with extreme poverty. That is nearly 750 children an hour. 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Since half of the worldRead MoreImpact of Agricultural Trade liberalization on Poverty in Latin America1300 Words   |  6 Pagesliberalization on Poverty in Latin America Historically the agricultural sector has been an important sector for the economies of Latin America because of this the issue of global agricultural trade liberalization has been a hotly contested issue. Some suggest it may harm Latin American countries and increase poverty by opening up the sector to foreign competition from more technological advanced nations. Others have argued that it will increase economic competitiveness and reduce poverty by promotingRead MoreExtreme Poverty : Causes, Effects, And Solutions902 Words   |  4 PagesThere are many global issues in the world one of them is extreme poverty. Extreme poverty is an issue in many countries all over the world. There are several causes, effects, and solutions to this issue. 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Anthropology An Anthropological Perspective - 874 Words

Anthropology is the study of humans throughout the world. It examines our ancestors, how we behave, adapt to different environments, communicate, socialize with one another, and more. The study of anthropology focuses on the features that make us human; our genetic makeup, the evolution of humans, and the physiology. It also focuses on language, religion, family, and more. The goal of anthropology is to be able to describe and analyze the different cultures. Anthropologist believes that the only way humans can be understood is by seeking information from various cultures and different societies. Anthropologist use multiple methods to collect data and to understand evolution of humans from millions of years ago. To take an anthropological approach anthropologist should not study participants using their values or a bias approach. The anthropological perspective includes cultural relativism, holism, and the etic and emic perspective which are all important when studying culture. When it comes to understanding diversity, the anthropological view can help understand the diversity amongst cultural groups. Anthropology incorporates the holistic approach to study all aspects of human behavior; examining human culture, behavior, and human culture. Cultural relativism is the idea that people’s values and customs must be understood in terms of culture of which they are a part of. Every culture is different, we are taught to act a certain, and we are all raised to believe inShow MoreRelatedThe World Of Anthropology : An Anthropological Perspective913 Words   |  4 PagesIn the world of anthropology, the study of human societies and their cultures or development, the people that study those topics often turn to scientific field notes rather than photography. Anthropologists are supposed to maintain objective and impartial conclusions when studying cultures or societies and for years the only consistent way of doing so was to only consider unbiased field notes , or simply scientific notes or observations. However, over time anthropologists came to realize that theRead MoreCritical Analysis Of The Mead-Freeman Debate1283 Words   |  6 Pagescontroversy in anthropology regarding the concept of nature versus nurture. Freeman claimed that Boasians’ insisted on separating cultural determinism (nurture) from biological determinism (nature). Thus, various academic writings emerged in support of one concept over the latter. Even though, most modern-day scholars support both cultural determinism and biological determinism in shaping the human’s social milieu and development, this debate has impacted the field of anthropology as well as otherRead MoreEssay on The Moral and Ethical Dilemmas of Anthropology1249 Words   |  5 Pages Anthropological researchers have considerable moral and ethical standards by which their work must be conducted in order to preserve the accuracy and the posterity of the information gathered during the study and also to the persons or cultures of which they study. These two important parts of anthropology – the research and those being researched – can be conflicting. The Code of Ethics of the American Anthropological Association presents itself as a body of guidelines for discussing theseRead MoreThe Anthropology Of Welfare And Social Protection809 Words   |  4 PagesDuring my current position as a Teaching Associate (and Affiliated Lecturer) I wrote and delivered the core second-year course of eight lectures, and facilitated eight MPhil seminars, in Economic Anthropology. I also wrote and delivered two lectures concerning the anthropology of welfare and social protection, supervised over forty students for the papers SAN1, SAN2, S5 and SAN8, and supervised an undergraduate dissertation. 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The third heading is of this chapter sheds light on autoethnographic study. The fourth heading is habitus, with a sub-heading thus: the socio-cultural study of the body. The fifth headi ng is on nationalisation theories. The sixth heading is on globalisationRead More Development of Anthropology as a Discipline in the United States1580 Words   |  7 PagesDevelopment of Anthropology as a Discipline in the United States I. Early History of Anthropology in the United States 1870-1900 â€Å"The roots of anthropology lie in the eye-witness accounts of travelers who have journeyed to lands on the margins of state-based societies and described their cultures and in the efforts of individuals who have analyzed the information collected. In the late 1960’s and early 1970’s, a number of anthropologists recognized that the practice of anthropology was intimatelyRead MoreFieldwork in Various Anthropological Schools of Thought Essay1167 Words   |  5 PagesCultural anthropology is a social science that studies the origins and development of human societies (History World International, 2001). Many theories to explain cultural variations among humans have emerged. As a result, numerous anthropological schools of thought have been established based on these theories since the nineteenth century. These schools of thought encompass the dominant beliefs about culture during a time period and are constantly changing as new knowledge is acquired. As schoolsRead M oreCollaborative Ethnography Essay1629 Words   |  7 PagesIntroduction Postmodern anthropology can be described as a method to write about cultures in a certain way, by scrutinizing and interpreting the information gathered. Postmodern ethnographers believe that it is the way we interpret information that must be studied and that the voice of societies should be advocated through an informant. They also believe that to do this the use of collaborative ethnography is of vital importance. Collaborative ethnography is a relationship between ethnographersRead MoreThe Full Time Position Of Teaching Associate960 Words   |  4 Pagesfollowing papers: SAN1, SAN2, SAN8, and S5 (SAN6). In addition to supervising, I have written and delivered eight core second year lectures on Economic Anthropology and two lectures on the anthropology of welfare and social protection. I have also c0-facilitated eight MPhil seminars in Economic Anthropology and a five-day MPhil workshop on social anthropological research methods. While I have dedicated much of my vacation time to my own research, I have solely concentrated during each term on the learning

Income Statement

Question: Opening a shop with the name of mady vegetarian food. Need to work on the finance and critical risk Financial Demonstrate the viability of the undertaking Pro forma balance sheet, income statement, cashflow statement and break-even chart : Operations. Location( Brunswick Melbourne Australia Vic), labour availability, wage rate, proximity to suppliers, customers and community support, taxes and zoning, plant and equipment Answer: In arriving at a conclusion about the viability of the new business, we have made certain assumptions while drawing up the income statement, balance sheet, cash flow statement and the break-even analysis of the business. We will explain the same under separate headings. All the figures in the analysis are assumed. Income Statement The following assumptions were made: This is the first year of business and the revenue from sales is not much The wage rate in Melbourne, Victoria is $16 per hour as of 2016 ("Melbourne, Victoria City Wages - City of Melbourne Average Hourly Rate - PayScale", 2016) The business does not have any long-term or short-term interest payment obligations It operates where tax is not applicable Cash Flow Following are the assumptions involved: There is no revenue from operations The entire revenue is dependent on cash sales There are no long-term borrowings Absence of tax except a GST payment of $5000 Current assets purchased worth $10000 Balance Sheet The following items were assumed while making the balance sheet: There is no inventory at the end of the year A long term asset was purchased Absence of depreciation Other figures of liabilities are assumed Break Even Analysis Following are the assumptions: The selling price per unit is assumed along with the average cost per unit ("Minimum wages - Fair Work Ombudsman", 2016) Analysis The figures taken in the entire calculation are assumed. Other assumptions made are stipulated above and it can be seen from those figures that the business makes a profit in its first year. Interest on long-term liabilities is absent and depreciation is not charged for the long-term asset purchased ("Evaluating Product Viability", 2016). The business operates in an environment where there is no tax on its income. On the other hand, it has a GST expenditure of $5000 during the year. The prospects are looking good from the financial statements, as it has not incurred any loss during the year depending on the assumed environment of performance. Its operating profits are considerable. The liquidity position of the business is moderate and there is a moderate amount in the form of cash in hand (Taylor, 2016). The business is yet to acquire any long-term asset. Therefore, it can be concluded that the business is viable at the present point of time. References Evaluating Product Viability. (2016).Shopify. Retrieved 4 June 2016, from https://www.shopify.com.au/guides/what-to-sell/evaluating-product-viability Melbourne, Victoria City Wages - City of Melbourne Average Hourly Rate - PayScale. (2016).Payscale.com. Retrieved 4 June 2016, from https://www.payscale.com/research/AU/Location=Melbourne-Victoria/Hourly_Rate Minimum wages - Fair Work Ombudsman. (2016).Fairwork.gov.au. Retrieved 4 June 2016, from https://www.fairwork.gov.au/pay/minimum-wages Taylor, K. (2016).Kroger and Whole Foods might be investing billions into a losing game.Business Insider Australia. Retrieved 4 June 2016, from https://www.businessinsider.com.au/is-online-grocery-actually-the-future-2016-3