Instructor’s Name: <Name> <Date> Introduction Current and non-current assets are important items to evaluate a balance sheet. The following paper evaluates the meaning and differences between current and non-current assets. In addition to that‚ the paper will describe the order of liquidity and its application in a balance sheet. A company’s balance sheet includes both current and non-current assets. The current assets are defined as the total sum of: * Cash and cash equivalents
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Current Balance of Payment Situation of Bangladesh: The economic performance of a country is reflected in its balance of payment (BoP) The balance of payment (BOP) refers to a method countries use to monitor all international monetary transactions at a specific period of time. Usually‚ the BOP is calculated every quarter and every calendar year. All trades conducted by both the private and public sectors are accounted for in the BOP in order to determine how much money is going in and out of
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THE FINANCIAL CRISIS Preparing the grounds: The role of global macro policies and the poor US regulatory framework Introduction The financial crisis from 2007-2009 is beeing caused at two levels: global macro policies affecting liquidity and a poor regulatory framework 1 The policies affecting liquidity created a situation like a dam overfilled with flooding water 2 The regulatory system have been the faults in the dam‚ directing the liquidity into the real estate market
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Chapter 5 Outline Chapter Objectives: 1. Prepare a work sheet. 2. Explain the process of closing the books. 3. Describe the content and purpose of a post-closing trial balance. 4. State the required steps in the accounting cycle. 5. Explain the approaches to preparing correcting entries. 6. Identify the sections of a classified balance sheet. Worksheet- a multiple-column form that may be used in the adjustment process and in preparing financial statements.
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anything that will give me some value in the future - So Cash and Accounts Receivables are assets‚ and so are machines‚ buildings‚ etc. FINANCIAL STATEMENTS The income statement reflects conditions over a period of time (say Q1 2013)‚ while the Balance sheet reflects the state of the business at a specific point in time (say‚ at end of Q1 2013) Equity is what the owners/stakeholders of the company really have‚ of value. Equity = Assets - Liabilities Asset: Anything that will give me value in the
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Which of the following is a form of the balance sheet equation? a. Assets + Liabilities = Owners’ Equity b. Assets = Liabilities + (Paid-in Capital + Retained Income) c. Assets + Owners’ Equity = Liabilities d. Assets - Paid-in Capital = Liabilities - Retained Income 2. Which of the following financial statements is a “snapshot” of a company’s financial status at an instant of time? a. balance sheet b. income statement c. statement
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TABLE OF CONTENTS INTRODUCTION 2 FINANCIAL RATIOS 4 PROFITABILITY RATIOS 5 LIQUIDITY RATIOS 7 ACTIVITY RATIOS 9 INVESTMENT RATIOS 11 OVERTRADING 13 FINANCIAL STATEMENTS 14 BALANCE SHEET 15 FORMATS OF FINANCIAL STATEMENTS 18 CONCLUSION 22 BIBLIOGRAPHY 23 INTRODUCTION In this report you will find useful information about GlaxoSmithKline plc (GSK). and AstraZeneca plc (AZN) and overview of these companies. My friend wants to buy shares and ask me for some advice
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Analysis Analysis Analysis Analysis Analysis Exercises 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 Topic Real World: American Airlines‚ Boston Celtics Nature of assets and liabilities Preparing a balance sheet Preparing a balance sheet Accounting principles and asset valuation Using the accounting equation Accounting equation Effects of business transactions Forms of business organizations Factors contributing to solvency Professional judgment Statement of cash flows
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Difference Advantage Disadvantage and Uses of Cash Flow Statement & Funds Flow Statement There are 3 basic financial statements that exist in the area of Financial Management. 1. Balance Sheet. 2. Income Statement. 3. Cash Flow Statement. The first two statements measure one aspect of performance of the business over a period of time. Cash flow statements signify the changes in the cash and cash equivalents of the business due to the business operations in one time period. Funds flow statements
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transactions and it ends with the post-closing trial balance. When preparing the accounting cycles there are ten steps that are included. They are as follow; transactions are analyzed and recorded in the journal‚ posted to the ledger‚ an unadjusted trial balance is prepared‚ adjustment data are assembled and analyzed‚ an optional end-of-period spreadsheet is prepared‚ adjusting entries are journalized and posted to the ledger‚ an adjusted trial balance is prepared‚ financial statement are prepared‚ closing
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