The concept of “going concern” in accounting emphasizes that a business must persist into the future to retain its value. This principle signifies that present value already incorporates expectations of future value; thus, a business facing uncertainty about its future will inevitably diminish in present value. It highlights the interconnectedness of present and future values, suggesting that they cannot be regarded in isolation. All stocks traded on the stock market are priced based on their anticipated future value. In essence, we trade on a future that has yet to materialize. Consequently, determining how far into the future to evaluate is a critical factor in making investment decisions. Since individuals have varying skills and perspectives on forecasting the future, selecting an investment strategy must align with one’s attitude toward time. - Joseph’s “just my thoughts”
Eco bags are not eco-friendly. In 2007, the eco-bags, which British designer Anya Hindmarch printed, “I’m Not a Plastic Bag” on canvas, sold out 20,000 copies in 30 minutes at a limited edition price of 5 pounds. The project reduced the use of plastic bags by 58% over the next two years in Britain. However, a survey by the British Environment Agency found that consumers used paper bags at least 3 times more to have less environmental impact than plastic bags and used eco bags 131 times more to help protect the environment. In 2018, Denmark also announced a study that indicated people used plastic bags at least 37 times, paper bags 43 times, and eco bags 7,100 times before being discarded to recover from pollution. Yes, the facts that people believe have cheated us all. Materials and consumption are necessary, but people belatedly realized that environmental protection should also consider product use cycles and production. - Joseph’s “just my thoughts”