A01 Profit and loss account: A profit and loss account calculates the amount of gross and net profit that a business takes on an annual basis; it also outlines the loss which has occurred through the business‚ through necessary overheads. There are many aspects included within a profit and loss account‚ all of which I am going to briefly explain. It is important to have a profit and loss account within a business to enforce correct usage of the money. The company will be able to see where the business
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and describe what profit and loss accounts are. PROFIT AND LOSS ACCOUNT By law business are required to provide annual financial statements‚ which will appear in their company report‚ there are two main types of financial statements‚ one is balance sheet and the other is a profit and loss account. A profit and loss account is a record which can be updated regularly and generally shows businesses transactions made over a period of time (usually within 12 months)‚ An example profit and loss account
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What is the Fiscal policy? Fiscal policy is the use of presidential and governmental spending and taxation to change or even repair what is or might be wrong in the economy. The basic idea behind many of the fiscal policy ideas were introduced by British economist John Maynard Keynes during the Great Depression (Heakal‚ n.d.). When the government decides on the goods and services it will be purchasing‚ the payments it distributes‚ or even the taxes it collects‚ it is participating in fiscal policy
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1. Executive Summary This report defines‚ examines and promotes a non-profit capitalistic business model. The model endorses enterprises which compete in the free market‚ but eschews profits in favor of social benefits. This entails an increased workforce with benefits and wages on par with current standards. This increased employee pool works under a staggered shift structure so that each employee only works a 3-day (24 hour) workweek. Labor is scheduled in such a way that there is necessary labor
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The September 11‚ 2001 terrorist attacks‚ now referred to as 9/11‚ were a series of coordinated‚ well-planned suicide attacks that involved the use of hijacked passenger jets as a means of destruction . The suicide bombers used the passenger jets as bombs‚ and ran into the World Trade Center Towers of New York‚ the Pentagon‚ and a fourth plane that did not make it to its destination‚ hit the ground in Pennsylvania. These sudden attacks came as a shock to the people and government of the USA. The
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Anjanetee B. Mallari Prof.Alinsunod BSIE-COMED‚2E Feb.07‚2013 After many years‚ as Zita is now a beautiful lady that all woman wants to be. Zita tell her father Don Eliodoro that she want to study in the city because she want to be a teacher‚ Don Eliodoro didn’t speak anything‚ he can’t decide because if he allow her only daughter to study their without his guidance is she will be alright or not? But in the
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Evaluate the effects of ‘tighter monetary and fiscal policy’ on any two-macreconomic objectives Monetary Policy involves changes in the base rate of interest to influence the rate of growth of aggregate demand‚ the money supply and ultimately price inflation. Fiscal policy involves the use of government spending taxation and borrowing to influence the pattern of economic growth and to affect the level of aggregate demand‚ real output and employment. The four major objectives are full employment
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and/or one of the approved websites posted in the Webliography to find a research article(s) (no older than 2001) related to non-profit versus for-profit healthcare and organizations. Analyze the characteristics of each type of organization and the factors which impact operations. Discuss options to improve the financial and operational performance of non- profit organizations and the criticisms leveled at for-profit healthcare organizations. Your resultant written paper should be 750 words‚ double spaced
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The Fiscal Ship game is a great way to put fiscal policies to the test. Although it is not extremely accurate nor does it predict the future‚ it allows players to have a visual representation of the impacts fiscal policies can have on the rising national debt. Throughout playing this game‚ I was surprised by the impact of a lot of policies but some of my predictions were also confirmed. But‚ this innovative game lacks in quantitative data to help players better understand the ever changing dynamic
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Frankenstein: The Alternative Ending I hastily fled to my newest place of work. I had inhabited the world with a second creation. This demon‚ though a woman‚ was more terrifying and hideous than the first. A monstrous creature created only for longing of a new beginning. A world where I would forget this horrible deed I had bestowed upon the universe. I had only promised my first creation a companion‚ not a family. His companion would never get the chance to conceive‚ for no more demons will wreak
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