by private individuals. Usually‚ we have organizations within the economy where one is profit oriented and its main business objective is to make profit from the revenue it tends to make by the end of a certain period‚ therefore‚ nothing from the extra money made will be used to develop the business‚ instead‚ the profit will go to the owner of the business‚ adding to that the owner can be giving some of the profit to its employees as a way of motivation according to Maslow’s hierarchy of needs which
Premium Non-profit organization
Financial Statements Financial Statements of a company measures the performance of their accounting period. The four parts of a Financial Statement are income statement‚ balance sheet‚ and statement of cash flow‚ and stockholders’ equity. The income statement of Landry’s Restaurants will show the summary of how the business has incurred revenues and expenses through operating expenses (Phillip‚ Libby‚ Libby‚ 2005). The income statement of Landry’s Restaurants‚ Incorporation shows the
Premium Balance sheet Financial statements Income statement
Capital Structure and Profit Capital Structure Definition A unite of a company’s long-term debt‚ specific short-term debt‚ common equity and preferred equity. The capital structure is how a firm finances its overall operations and growth by using different sources of funds. Debt comes in the form of bond issues or long-term notes payable‚ whereas equity is classified as common stock‚ preferred stock or retained earnings. Also‚ Short-term debt such as working capital requirements is considered
Premium Finance
Profit Maximization model helps to predict the price-output behavior of a firm under changing market conditions like tax rates‚ wages and salaries‚ bonus‚ the degree of availability of resources‚ technology‚ fashions‚ tastes and preferences of consumers etc. It is a very simple and unambiguous model. It is the single most ideal model that can explain the normal behavior of a firm. It is often argued that no other alternative hypothesis can explain and predict the behavior of business firms better
Premium Economics Marketing
The Role of Desires in the Movement Towards and Away from God Everyone has desires‚ whether it is the desire for professional success‚ family and personal health‚ a decent roof over their head‚ and owning the Powerball Mega-millions winning ticket. Possibly the most common is man’s innate desire to love and know God. To know and love God means putting God first. Since the very beginning‚ mankind has struggled to prioritize the desire for God over the desire for other earthly things. This struggle
Premium Religion God Christianity
Personal Ethics Statement Jessica Dockery GEN/195 February 28‚ 2012 Jennifer Meunier Personal Ethics Statement To be ethical means to do the right thing and to be the best person one knows how without being judgmental of others‚ especially if their intentions are honorable. One should get in the habit of displaying good values and morals at all times. When thinking of a personal ethics statement‚ the Ten Commandments come to mind. The Ten Commandments state that thou shall have no other
Premium Ethics Morality Philosophy
Personal Ethics Statement GEN/195 April-4‚ 2012 Personal Ethics Statement My personal ethics statement includes my values and ideals important to me as an academic and in everyday life. My ethics are personal beliefs and morals that reflect and define the person I am. The decisions and choices I make every day should be consistent with integrity and respect toward others. These ethics will ensure my happiness and peace if I keep and hold these values. I believe the value of equality for people
Premium Ethics Morality Business ethics
currently at seventy-five percent. Our quick ratio is low‚ but with our new investments in our warehouse and manufacturing‚ we shall increase it from 1.28 percent. Our current ratio is at 2.28 percent and growing. Without further due‚ our gross profit is at a 1.72 percent. The truth of matter is‚ with all our new branding and distribution‚ this number is‚ and will continue to rise. SOME OBSTACLES ENCOUNTERED The Warehouse Division experienced a difficult year‚ mainly as a result
Premium Revenue Financial ratio Income
Wiecek‚ McConomy Intermediate Accounting‚ Tenth Canadian Edition ASSIGNMENT CHARACTERISTICS TABLE Item E2-1 E2-2 E2-3 E2-4 E2-5 E2-6 E2-7 E2-8 E2-9 E2-10 E2-11 Description Qualitative characteristics. Elements of financial statements. Foundational principles Foundational principles Foundational principles Tradeoffs in financial reporting Accounting principles–comprehensive Full Disclosure Going Concern Revenue recognition principle Fair Value Level of Difficulty
Premium Depreciation Generally Accepted Accounting Principles
Not-for-Profit According to Merriam-Webster.com‚ Not-for-Profit‚ also known as nonprofit is defined as‚ “not existing or done for the purpose of making a profit.” Whereas For-Profit is the opposite and is defined as “existing or done for the purpose of making a profit.” I am an ethnographic researcher for a popular organizational behavior research journal. In this article‚ we will be looking at 2 popular and major organizations‚ where one is Not-for-Profit and the other is For-Profit and identifying
Premium Non-profit organization Voluntary association Management