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”
The hospital is where patients are healed. Therefore the hospital is full of patients. The hospital must be able to keep patients healthy and accommodate many patients at any given time. The church is a place to call sinners. There are undoubtedly many sinners in the church. But what if there are only sinners who do not repent? Filters are tools that get rid of dirty things and clean them. If we don't clean it, it's the dirtiest. "Self-purification" restores the original substance. If the instructor omits "self-purification," the absurd result will occur as in the previous example. Don't be sad or angry even if life deceives you. - Joseph’s “just my thoughts”