Premium Essay

Eye Vision Case 10-11

In: Business and Management

Submitted By BThomas
Words 2110
Pages 9
Eye Vision Inc, a long-standing medical device manufacturer, has signed a contract to sell Holland Hospital the Clear View Laser and a two-year separately priced maintenance plan for $1 million and $0.2 million respectively. On a when-and-if available bais, Eye Vision Inc. will provide software updats that is embedded with the Laser to maintainance purchasor. The software has never been sold without Laser for its functional necessity. In this memo, as explained below, we conclude that:

1. Eye Vision’s arrangement with Holland Hospital is not within the scope of ASC 985-605, Software: Revenue Recognition.

2. The deliverables in this arrangement are the Clear View Laser, embedded software, and maintenance plan, respectively.

3. The Clear View Laser together with embedded software and maintenance plan will be accounted for as separate units of accounting, respectively.

4. The laser with the embedded software will be recognized immediately. The maintenance plan will be recognized on a straight-line basis over the length of the contract.

1. Is Eye Vision's arrangement with Holland Hospital within the scope of ASC 985-605, Software: Revenue Recognition?

The agreement between Eye Vision and Holland Hospital is not within the scope of ASC 985-605, Software: Revenue Recognition.

According to ASC 985-605-15-4(e), subtopic ASC 985-605 does not apply to transactions and activities for "software components of tangible products that are sold, licensed, or leased with tangible products when the software components and nonsoftware components of the tangible product function together to deliver the tangible product's essential functionality." In the situation of the agreement, the clear view laser represents the tangible component, while the software component comes embedded internally within the laser. The case states, that the laser has never been

Similar Documents

Premium Essay

Terrien Case

...Introduction This Case Report is about the clinical findings of Terrien’s Marginal Degeneration, or Terrien’s Marginal Dystrophy. This is a slow progressing disease that eventually thins the peripheral corneal stroma causing problems such as irregular astigmatism and even corneal perforation. This condition can be unilateral or bilateral, but is usually asymmetric. The degeneration of the cornea usually begins superiorly with stromal thinning and rarely affects the inferior cornea/limbus area but has a hallmark of no epithelial breaks. Another hallmark of the condition is the lack of inflammation and pain, but can show neovascularization advancing in the thinning stroma along with pannus. A white or light yellow line of deposits of lipid...

Words: 637 - Pages: 3

Free Essay

Business Case

...DO1-136-I ARAVIND EYE HEALTH CARE OPERATIONS Original written by professor Ángel Díaz Matalobos at IE Business School, Juan Pons, Motorola Spain. and Stephan Pahls, University Hospital, Basel. Original version, 15 June 2010. (R.L. 19 January 2012). The authors acknowledge the generous support of Aravind while conducting the field research. Published by IE Publishing Department. María de Molina 13, 28006 – Madrid, Spain. ©2010 IE. Total or partial publication of this document without the express, written consent IE is prohibited. INTRODUCTION Improving efficiency in health care is an acute issue. In the developed world this is due to increases in costs and quality issues (Aptel and Pourjalali, 2001; Spear, 2005); Western Europe currently spends 9% of its GDP on health care, and, if the trend continues, will spend over 20% by the year 2050 (Drouin et al., 2008.) In the developing world on the other hand demand exceed capacity; it was estimated that in 1997 over 12 million people were blind in India from cataracts, while a further 3.8 million new cases are developed each year, and current capacity for surgery is far below this level (Thulasiraj et al., 1997.) Better health care operations are clearly required to deal with issues of ageing population, increased costs and unmet demand. One case that provides clues to such means is Aravind, the largest eye care provider in the world, with over 2.5 million operations performed and 20 million patients treated in...

Words: 4108 - Pages: 17

Premium Essay

Miss

...Heart and Other Prayer Considerations..................................135 Chapter 6 Key #2: Become Still.....................................................149 4 keys to hearing God's voice.indd 11 11/4/10 1:59 PM Chapter 7 Key #3: Look for Vision as You Pray..............................167 Chapter 8 How to Restore Your Visionary Capacity.......................193 Chapter 9 Key #4: Two-way Journaling........................................213 Chapter 10 A Tuning Dial—The Tabernacle Experience...................253 Recommended Reading.................................................283 Appendix A The Origin of Thoughts, Biblically Speaking..................285 Appendix B Additional Journaling Questions..................................291 Appendix C Working Definitions Concerning Spiritual Realities.......295 Appendix D Personal Application Index.......................................... 305 4 keys to hearing God's voice.indd 12 11/4/10 1:59 PM Introduction We are going to make something that has been very hard, very simple. I could not hear God’s voice for the first ten years of my Christian life, and now I have spent 30 years teaching the Body of Christ how to do so. It is as simple as quieting yourself down, fixing your eyes on Jesus, tuning to spontaneity, and writing! And all Christians can do it! You can do...

Words: 7412 - Pages: 30

Free Essay

Vison

...University of Cape Coast, Ghana †Eye Unit, Regional Hospital, Koforidua, Ghana * Received 25 September 2009; revised version accepted 9 June 2010 Abstract Uncorrected refractive errors remains a public health problem among different population groups. Among schoolchildren, uncorrected refractive errors have a considerable impact on learning and academic achievement especially in underserved and under-resourced communities. A school based cross-sectional study was carried out to estimate the prevalence and distribution of refractive error among schoolchildren in the Agona Swedru municipality of Central Region of Ghana. 637 schoolchildren aged 11-18 years old were randomly selected for the study. Non-cycloplegic refraction was performed on each child who failed the reading test. Hyperopia was defined as spherical power of ≥ + 0.75 D, myopia as ≤ – 0.50 D and astigmatism as a cylindrical power of ≤ – 0.50 D. Of the children examined, only 13.3% had previously had an eye examination. Introduction Uncorrected refractive errors remains a public health problem among different population groups. Among schoolchildren, it has a considerable impact on learning and academic achievement especially in underserved and under-resourced communities. Uncorrected refractive errors in schoolchildren and its impact on academic achievement have only recently received attention. It became necessary therefore to Visual impairment (VA of 6/12 or worse in the better eye) was present in 4.5% of the children...

Words: 4407 - Pages: 18

Premium Essay

Once Upon a Time

...[pic] Resolution of the World Health Organization After meeting in Geneva in May 2003 for the Fifty-Sixth World Health Assembly, the WHO outlined its Global Initiative for the Elimination of Avoidable Blindness, or VISION 2020 plan. The WHO urges national governments to: • Set up, not later than 2005, a national VISION 2020 plan, in partnership with the WHO and in collaboration with NGOs and the private sector. • Establish a national coordinating committee for VISION 2020 or a national blindness prevention committee, which may include consumer or patient groups, to develop and implement the plan. • Commence implementation of such plans by 2007 at the latest. • Include effective information systems with standardized indicators and periodic monitoring and evaluation, with the aim of showing a reduction in the magnitude of avoidable blindness by 2010. • Mobilize resources for eliminating avoidable blindness. In turn, the WHO agrees to: • Maintain and strengthen the WHO’s collaboration with governments and all partners of the initiative. • Ensure coordination of the implementation of the VISION 2020 plan, by setting up a monitoring committee grouping all those involved, including national government representatives. • Provide support for strengthening national capability, especially through development of human resources, to coordinate, assess, and prevent avoidable blindness...

Words: 12733 - Pages: 51

Premium Essay

Project Report

...Table of Contents Certificate 2 Acknowledgment 3 Executive Summary 6 Chapter 1: Introduction 7 Eyewear industry in India 7 Chapter2: Literature Review 9 Objectives 12 Chapter 3: Research Methodology 14 Research Design 14 Chapter 4: Results and Analysis 15 Chapter 5: Conclusion and Suggestions 24 Conclusion 24 Suggestions 25 Limitations 26 Annexure 27 About Vision Spring 27 References 32 Questionnaire 34 List of figures Figure 1 Gender distribution of the respondents…………………………. 17 Figure 2 Age of the Respondents……….………………………….……… 18 Figure 3 Pair of eyeglasses people own………………………………..…. 19 Figure 4.Number of retailer customers shopped around…...................... 19 Figure 5 Location…………………………………………………………..…. 20 Figure 6 - The influence of the optician…..………………………………… 21 Figure 7- Influencing factors………………………………………………… 21 Figure 8- Costumers buying online……………..………………………….. 22 Figure 9- satisfaction level of online purchase…………………………….. 23 Figure 10- Reasons behind buying eyewear…………...…………………. 23 Figure 11 discounts/promotions……………………………………………. 24 Figure 12 online use of discount or promotion……………………………. 26 Figure 13 gender and influencers……………………...…………………....26 Executive Summary This project on “Study of Indian Consumers Preferences towards Eyewear” aims at studying the eyewear industry in India and the consumer preferences in this industry. VisionSpring is an eyewear company that works to ensure affordable access to eyewear...

Words: 4951 - Pages: 20

Free Essay

Psychology

...International Scenario Prepared for: Dr. Nasreen Wadud (Course Instructor) Course: Psychology (C103) Prepared by: GROUP-B Saleh Mohammad, ZR-04 Saba Hossain Khan, RQ-07 Sheikh Ashraful Abedin, ZR-11 Abdullah-Al-Azad, ZR-49 BBA 16th Batch Date of Submission: December 15, 2008 Institute of Business Administration (IBA) Dhaka University (DU) ii Institute of Business Administration Dhaka University December 15, 2008 Dr. Nasreen Wadud Course Instructor Introduction to Psychology Dear Madam: Here is the report on the use of depth perception in advertising that you asked us to conduct on November 12, 2008 Our study of various advertisements reveal the use of Binocular Disparity and Monocular cues in advertising. The report shows that depth perception is a vital part of marketing a product and is used extensively in advertising a brand. Preparing this report has been an important experience for us, as we have learnt about an application of psychology in the real business world through it. We appreciate your teaching us such an important area of psychology. Sincerely yours, __________________________________ Saleh Mohammad (ZR-04) __________________________________ Saba Hossain Khan (RQ-07) __________________________________ Sheikh Ashraful Abedin (ZR-11) __________________________________ Abdullah- Al-Azad (ZR-49) iii Table of contents Section Title Page No. Executive Summary 1. Introduction 1.1 Origin Of The Report 1.2 Objective 1.3 Limitations...

Words: 3771 - Pages: 16

Free Essay

Health Issues Related to Computer Use

...unlikely that computer equipment will be dangerous itself, it can be used in ways which can be hazardous to health of staff ("Computer health and," 2003). Ergonomics is an applied science devoted to incorporating comfort, efficiency, and safety into the design of items in the workplace (Shelly, & Vermaat, 2008). Studies done using ergonomics show that using the correct chair, keyboard, display device, and work surface configurations helps computer users work comfortably and efficiently and also preserve their health. According to previous studies, the majority of computer workers experience some eye or vision symptoms, but what was not clear was if whether these problems occur to a greater extent in these workers than in others who work in other visually demanding occupations. A national survey of doctors of optometry found that more than 14% of their present patients with eye or vision-related symptoms resulting from computer work. Working on a computer for a long period of time can cause different types of forearm and wrist CTDs, which are inflammation of tendons, nerve sheaths, and ligaments and damage to the soft tissues. Tenosynovitis, ganglion cysts, de Quervain’s disease, lateral epicondylitis, and carpal tunnel syndrome are different types of CTDs caused by computer use. Symptoms of CTDs are pain, numbness, tingling, or weakness in muscles or movement of arms, hands and fingers. The Health and Safety Work Act explains how employers must minimize risks for...

Words: 4687 - Pages: 19

Premium Essay

Anand Bihari Case Judgement

...622 JT 1990 (4) 794 ACT: Industrial Disputes Act, 1947: Sections 2(00) & 25-F. Retrenchment--State Road Transport Corporation--Drivers--Occupational hazards Development of defective, weak or sub-normal eye-sight in the course of employment--Pre-mature termination of services--Held termi- nation was not retrenchment and consequent compliance with section 25-F not necessary--But termination held unjustified and inequitable--Scheme formulated by the Supreme Court.for relief to drivers--Directions for giving retirement bene- fits, providing alternative jobs and payment of compensatory amount proportionate to length of service rendered by the drivers. Retrenchment--Exceptions--Section 2(00) sub-clause (c)--Expression "continued ill-health"--Meaning and Scope of--Includes cases of drivers who have developed defective or sub-normal vision during the course of employment. Employees' State Insurance Act, 1948: Section 2(8)--Second Schedule--Part I--Item 4 Part II--Items 31,32 and 32A--Third Schedule--Item 11. Indian Kanoon - http://indiankanoon.org/doc/1727786/ 1 Anand Bihari And Ors vs Rajasthan State Road Transport ... on 20 December, 1990 State Road Transport Corporation--Drivers--Development of sub-normal eye-sight or loss of required vision during the course of...

Words: 2375 - Pages: 10

Free Essay

Age Related Macular Degeneration

...Age-Related Macular Degeneration By Connie Goldsmith, RN, BSN, MPA Changes in vision occur throughout our lives. Some young people need glasses for driving or watching movies. Others wbo enjoy perfect vision until they reach middle age discover they require reading glasses. Many people must wear bifocals or trifocals to obtain the best vision at every distance. However, these problems are minor irritations compared to the loss of vision caused by a common agerelated disorder. Painlessly and insidiously, age-related macular degeneration (AMD) affects an estimated 10 million Americans.' It's the most common cause of vision loss and blindness in people over 65, and it can affect people at younger ages as well.' The risk of developing AMD steadily increases with age. People in their 50s bave about a 2% chance of developing it, while the risk rises to nearly 30% in those over age 75.^ Every three minutes, another case of AMD is diagnosed in the US.^ Each year, 200,000 people with AMD lose all central vision in one or both eyes.' More people than ever before will be forced to live with AMD as the baby boomer generation continues to grow older. This article reviews the anatomy and function of the normal retina. It also identifies tbe risk factors for AMD and its causes, as well as its diagnosis and treatment. A diagnosis of AMD means a significant decrease in vision, and, in some cases, complete blindness. Because patients face important concerns related to their...

Words: 3063 - Pages: 13

Premium Essay

How to Interpret Dreams and Visions

...Pierce the Veil . . . . . . . . . . . . . . . . . 9 2 The Dream Factor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 3 Why Are Some Dreams Delayed in Coming to Pass? . . . . .35 4 Nightmares and Dirty Dreaming . . . . . . . . . . . . . . . . . . . . . . 53 5 False Prophets and False Dreams . . . . . . . . . . . . . . . . . . . . . . 69 6 The Psychic Voices Versus the Prophetic Visions . . . . . . . . 83 7 Can a Warning Dream Be Altered Through Prayer? . . . . . 99 8 Learning to Listen to Your Wife’s Warning Dreams . . . . .105 9 What It Means When Dreaming of a Departed Loved One . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .119 10 The Law of the Double Dream . . . . . . . . . . . . . . . . . . . . . 137 11 Angel Appearances in Dreams . . . . . . . . . . . . . . . . . . . . . . .145 12 Why the Symbolism—Can’t God Make It Plain? . . . . . . . .159 13 Four Types of Spiritual Visions . . . . . . . . . . . . . . . . . . . . . . .179 14 Dreams—Amazing Purpose for These Revelations . . . . . . 189 Conclusion: Dreams and Visions— God’s Voice of Intimacy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207 Appendix: Detailed Biblical Symbolism in Dreams . . . . . .213 Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 237 xi one the Last DaYs— time to Pierce the VeiL But their minds were blinded. For until this day the same veil remains unlifted in the reading of the...

Words: 4174 - Pages: 17

Premium Essay

Surgical Tech Health Terms

...Week 4 Chapter 10 Chapter Assessment: Terms: Cluster headache- a type of severe headache that tends to recur over a period of several weeks and in which the pain is usually limited to one side of the head Convulsion- a sudden, violent, irregular movement of a limb or of the body, caused by involuntary contraction of muscles and associated esp. with brain disorders such as epilepsy, the presence of certain toxins or other agents in the blood, or fever in children. Migraine headache- a recurrent throbbing headache that typically affects one side of the head and is often accompanied by nausea and disturbed vision. Multiple sclerosis- a chronic, typically progressive disease involving damage to the sheaths of nerve cells in the brain and spinal cord, whose symptoms may include numbness, impairment of speech and of muscular coordination, blurred vision, and severe fatigue. Neuroma- another term for neurofibrousa Paralysis- the loss of the ability to move (and sometimes to feel anything) in part or most of the body, typically as a result of illness, poison, or injury. Tay sachs- disease (also known as GM2 gangliosidosis or hexosaminidase A deficiency) is a rare autosomal recessive genetic disorder. Tension headache- headaches are the most common type of headaches among adults. They are commonly referred to as stress headaches Chapter 11 Chapter Assesment: Terms: Alzheimer’s disease- progressive mental deterioration that can occur in middle or old age...

Words: 1948 - Pages: 8

Premium Essay

Effects of Social Networking to Fourth Year Students of the High School Department of Sta. Teresa College

...EFFECTS OF SOCIAL NETWORKING TO FOURTH YEAR STUDENTS OF THE HIGH SCHOOL DEPARTMENT OF STA. TERESA COLLEGE . CHAPTER I THE PROBLEM AND ITS SETTING I. INTRODUCTION The advent of technology in media has been changing dramatically. Its ubiquity and pervasiveness made certain effects that are conspicuous nowadays. In this generation, the internet – one of the new forms of media – offers services that cater and offers not only a bundle of information. This transition of technology leads and abducts the user to a simulated world created by the advent of internet known as “cyberspace”. The mass audience seems to have separating meter or real from virtual world. It is not surprising that even socialization was also a big issue to the internet journey. According to most social scientists,Socialization essentially represents the whole process of learning throughout the life course and is a central influence on the behavior, beliefs, and actions of adults as well as of children.It is a human activity with accordance to people’s freewill to manage themselves with other people without having limits, without a need of control or governance. It is free. It is neither a right nor a privilege. This means that this activity is not a prim dated or according to plan, it’s spontaneous. Youth’s, nowadays are enjoying this sociological capability because they benefit from it with this, it seems like media offer this new service which is called “social networking”. Social Networking...

Words: 6437 - Pages: 26

Premium Essay

Business Law I

...Business Law CIRCLE THE LETTER IN FRONT OF THE BEST ANSWER 1. John files a lawsuit against Mary for damages arising out of a breach of contract. This case is a(n): a. equitable action b. criminal proceeding c. civil lawsuit d. public law case 2. The highest source of law in the United States is: a. an executive order of the president b. an interstate compact c. the Unites States Constitution d. a state constitution 3. The ____________ is composed of a distinguished group of lawyers, judges and law teachers who have assumed the task of preparing “an orderly restatement of the general common law of the United States.” a. New York City Bar b. American Law Institute c. U.S. Supreme Court d. National Reporter System 4. Which of the following is NOT considered to be an equitable remedy? a. specific performance b. injunction c. reformation d. money damages 5. The person who files or commences a civil suit is the: a. plaintiff b. defendant c. prosecuting attorney d. attorney general 6. Larry is called for jury duty and is selected for possible service on a jury. However, when he is questioned by the defendant’s attorney during voir dire, he admits that he thinks the defendant is guilty based on news reports that he saw on the local television news. The defendant asks the judge to excuse Larry from serving on the jury and the judge agrees. a. This is a valid challenge...

Words: 1249 - Pages: 5

Premium Essay

Psycology

...CHAPTER 1: The Science of Psychology 1. Who founded the first Psychology laboratory and when was it (HINT: it was in Germany)? What else was he known for? a. First Lab 1879- Leipzig, Germany. Wilhelm Wundt, founder of psychology as discipline. Conscious experience and building blocks, trained many early psychologists 2. Identify the following, and the one or two main names (if applicable): Structuralists, Functionalists, Gestalt Psychology, Behaviorism Psychoanalysis, Humanistic Psychology, Cognitive Psychology b. Structuralists: Titchener- Wundt’s student. Wanted to examine the structure of mind and organization of basic elements of sensations, feelings, and images. “Structure of the mind” Example: I see a square as composed of four separate lines. Introspection: observing ones own conscious reactions. c. Functionalism- William James- first American psychologist. “Mental associations allow us to benefit from previous experience.” Deals with function, what does consciousness does to us, what is the purpose etc. d. Gestalt psychology- Max Wertheimer. Objects are well-organized structures, whole objects instead of parts. Ex. A square is a Square e. Behaviorism psychoanalysis – Sigmund Freud. Founded psychoanalysis in early 1900s, focused on unconscious thoughts in determining behavior. Psychoanalysis- feelings come from a hidden place in your mind called unconscious. f. Behaviorism- John Watson, B.F. Skinner. We can predict behaviors...

Words: 1773 - Pages: 8