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”
Human blood is a liquid that maintains a pH between 7.3 and 7.4. A change of just 0.2 in pH can be fatal. The substance responsible for regulating blood pH is carbonic acid. When carbonic acid dissolves in the blood, it creates a cooling sensation, contributing to the appeal of drinking soda. Humans convert food into glucose through digestion for energy, and this glucose combines with oxygen in a process called breathing to generate carbon dioxide, water, and ATP, which are essential for energy production. A significant amount of carbon dioxide is produced in this process. To meet a daily energy requirement of 2,560 calories, one needs to burn 640 grams of glucose with oxygen, resulting in the production of 938 grams or 552 liters of carbon dioxide. When carbon dioxide dissolves in water, it forms carbonic acid, which circulates in the bloodstream and exits the body through the lungs. While some argue that soda is unhealthy, especially for individuals with specific conditions, it is es...