Discuss the work of the Committee of the Robert Wood Johnson Foundation Initiative on the Future of Nursing, at the Institute of Medicine, that led to the IOM report, “Future of Nursing: Leading Change, Advancing Health.” Identify the importance of the IOM “Future of Nursing” report related to the nursing workforce. Discuss the intent of the Future of Nursing: Campaign for Action. Identify the rationale for state-based action coalitions.

Distinguish between an expense (expired cost) and an asset.
Distinguish between current and long-term assets.
Distinguish between current and long-term liabilities.
Review Apple’s balance sheet and provide two examples of each of the above categories.
Discuss retained earnings and how income or loss and dividends affect this account. Review Apple’s retained earnings account and explain how it changes between the two past years.
Comment on at least three differences between Apple’s and Samsung’s balance sheets.
Does Apple or Samsung have more debt?
Which of the two companies is the bigger one? Explain your reasoning.

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