balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet‚ the
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Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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Manilalectric Company and Subsidiaries Statement of Financial Position As of Dec.31‚2013 Common Size % 2013 2012 2011 ASSETS Noncurrent Assets Utility plant and others Investment in associates and joint ventures Investment properties Deferred tax assets- net Other noncurrent assets- net 42.65 5.08 0.58 2.04 8.94 50.40 0.84 0.75 1.41 4.07 49.98 0.4 0.78 0.34 3.12 Total noncurrent Assets 59.59 57.47 54.63 Current Assets Cash and cash equivalents
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000=$100‚000 In its December 31‚ 2013‚ balance sheet‚ Rigsby would report In 2013‚ Rigsby would recognize realized gross profit of: entry at December 31‚ 2013? Gross profit % = ($4‚500‚000-3‚600‚000)/$4‚500‚000=20% 2013:20%x$500‚000=$100‚000In 2014‚ Rigsby would recognize realized gross profitof:Grossprofit%=($4‚500‚000-3‚600‚000)/$4‚500‚000=20%2013:20%x$500‚000=$100‚0002014:20%x[($4‚500‚000-500‚000)/2]= $400‚000 In its December 31‚ 2013‚ balance sheet‚ Rigsby would report: At December 31
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is referred to as the a. stand alone concept. b. monetary unit assumption. c. economic entity assumption. d. corporate form of ownership 2. All of the financial statements are for a period of time except the a. income statement. b. balance sheet c. owner’s equity statement. d. statement of cash flows 3. A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c. incorrect account titles are used in journalizing. d. a journal
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MMSDS of Phenolphthalein Identification | Product Number: | C2226 | Health: | 1 | Flammability | 1 | Reactivity | 0 | Hazard Rating: Least | Slight | Moderate | High | Extreme | 0 | 1 | 2 | 3 | 4 | NA = Not Applicable NE = Not Established | | | Product Name: | Phenolphthalein Reagent A.C.S.‚ Powder | | | Trade/Chemical Synonyms | | | | Formula: | C–H”COOC(C–H”-4-OH)’ | | | RTECS: | SM8380000 | | | C.A.S | CAS# 77-09-8 | | | Hazard Identification |
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Balance sheets: the basics A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed. It states what assets the business ownes and what it owes – liabilities‚ at a particular date. The balance sheet is uded to show how the business is being funded and how those funds are being used. The balance sheet is used in three ways: • for reporting purposes (limited company’s annual accounts) • help interested
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Start with the partial model in the file Ch12 P10 Build a Model.xls on the textbook’s Web site‚ which contains the 2013 financial statements of Zieber Corporation. Forecast Zeiber’s 2014 income statement and balance sheets. Use the following assumptions: (1) Sales grow by 6%. (2) The ratios of expenses to sales‚ depreciation to fixed assets‚ cash to sales‚ accounts receivable to sales‚ and inventories to sales will be the same in 2014 as in 2013. (3) Zeiber will not
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MSDs can ascend from the contact of physical aspects with psychological‚ economic and social factors. Some of the factors of Musculoskeletal Disorder (MSD) are as shown below: 1. Psychosocial There is a rising agreement that psychosocial factors are one of the cause of some MSD. Some theories for this underlying relationship establish by many researchers comprises of increased blood and fluid pressure‚ increased muscle tension‚ pain sensitivity reduction‚ reduction of growth functions‚ body remaining
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24/08/2013 Vmware‚ Inc. (VMW) Balance Sheet - NASDAQ.com Home > Quotes > VMW > Company Financials VMW Company Financials VMW $87.8 * 2.34 *Delayed - data as of Aug. 23‚ 2013 2.74% Cash Flow Financial Ratios Get Quarterly Data 12/31/2012 12/31/2011 12/31/2010 12/31/2009 Income Statement Balance Sheet Annual Income Statement (values in 000’s) Period Ending: Current Assets Cash and Cash Equivalents Short-Term Investments Net Receivables Inventory Other Current Assets Total
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