balance sheet consists of liabilities and assets. The concept of current assets includes the following: Investment in shares and advances to other firms and public companies not connected with the business of the borrowing firm are excluded from current assets. The dead inventory i.e. slow moving or obsolete items should not be classified as current assets; The amount representing inter company transactions has to be treated as current only after examining the nature of the transactions and the merits
Premium Inventory Balance sheet Asset
Why does oil prices rise and fall? Of all industries in the world‚ oil industry is indeed an international business which affects most countries in the world. As the oil is the most consumed energy‚ it plays a vital role in daily lives as well as economy and social development. Also‚ the oil industry leads to new technology development both directly and indirectly. It has been deployed as a means for economy and political negotiation. Nevertheless‚ “crude oil” when refined into various petroleum
Premium Petroleum 1973 oil crisis
non-technological factor to shape electricity was the business- and competition-fueled "War of Currents" of the late 19th century between alternating and direct current AC and DC‚ respectively ("Electricity‚" 2006). During the initial years of electricity distribution‚ Thomas Edison ’s direct current was the standard for the United States‚ and Edison was not disposed to lose all his patent royalties. Direct current worked well for the incandescent lamps that were the principal load of the day. However
Premium Electricity generation Alternating current Electrical engineering
The Rise of Modern Marketing Early marketing thought was created as a field of applied economics in the United States‚ in the late 1950s. This essay talks about the past‚ present and future of Modern Marketing‚ as a platform for better understanding the increasingly complex distributions systems of Modern Marketing. Firstly‚ the role economics played in the emergence of modern marketing will be described along with economic status and its effect on how marketing thrived. Secondly‚ the changes
Premium Marketing
GK Power Capsule – July` 2014 (The Hindu Review) This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This has 1. been prepared on the basis of news and events appeared in The Hindu Newspaper in the month of July 2014. Subhash Sheoratan Mundra took charge as the fourth Deputy Governor of the Reserve Bank of India for three years. He was appointed to fill the vacancy created by the KC Chakrabarty.
Premium India Government of India Narendra Modi
1‚249 Words Short Essay on the Present Condition of Political System Voting at the elections is not a fundamental right for Indians. If you more than 18 years of age no one can stop you from voting as a citizen of India. In fact‚ voting is a way of avowing your Indian identity. You can be a voter as well as an eventual diplomat of the voters at the same time. This dual voter- voted to power entity of the Indian citizen is full of obtrusive and degenerative propensity and inconsistency. One needs
Premium Global warming Carbon dioxide
Current Economic Issues |Semester: | Summer 2013 | |Module Code: |PE103 | |Module Title: |Current Economic Issues | |Programme |BSc Economics
Premium Economics Financial crisis Subprime mortgage crisis
‘’The Wall was brought down‚ not by Washington or Moscow‚but courageous people from the east.’’ -Gerhard Schroder At the end of World War ll the United States and the Soviet Union worked together to conquer Germany‚ Italy and Japan. The united countries had enormous amounts of power‚ which earned them the nickname ‘’Superpowers." Rivalry grew stronger and stronger between countries and this was caused by opponent’s
Premium Soviet Union Cold War World War II
Between 1911 and 1915‚ Haiti was politically unstable due to a series of political assassinations and forced exiles resulted in six presidents holding office during this period. Revolutionary armies carried out the coup d’état regularly. Some experts suggested that these armies were enlisted by rival political factions under the promises of money‚ which would be paid after a successful revolution‚ and the opportunity to plunder. With this kind of instability in the region the United States invaded
Premium United States French Revolution United States Declaration of Independence
Alcohol hasn’t always been so easy to get. You couldn’t always just walk into a liquor store and buy your favorite brew. People have been making their own alcohol for generations and generations. This all started when prohibition ended the legal sale of alcohol‚ this meant if you wanted your liquor fix you would have to start making it yourself‚ or rely on buying it from others illegally. This is where bootlegging came in to play. Bootlegging was goods illegally sold and distributed‚ without proper
Premium Crime Gang Alcoholic beverage