The balance sheet‚ income statement and cash flow statement are closely related. Basically‚ a balance sheet describes a company’s assets‚ liabilities and stockholder’s equity in a specific period of time. An income statement mainly shows the net profits or loss of a company. The purpose of the income statement is to show stockholders and investors whether the company earned or lost money. A cash flow statement explains cash inflows and outflows. Each financial statement reveals a part of a company’s
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A balance sheet is a financial statement that reports the assets‚ which are resources owned by a business‚ liabilities‚ and stockholders’ equity at a specific date. Examples of assets would be computers‚ delivery trucks‚ furniture‚ and buildings. A balance sheet has two categories: Assets‚ liabilities‚ and stockholders’ equity. Liabilities are the debts and obligations of a business. Liabilities represent c claims of creditors on the assets of business. Examples of liabilities would be notes
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of a balance scorecard in achieving strategic objectives in organisation. Introduction: In current upsurge in economic condition globally brought on by competition and uncertainty‚ all organisations are impacted with need for changes to remain viable in performance of duties. This trend have prompt companies in adopting suitable approach which are unique to its operation and thus being effective in achieving goals objectives and prospect for development. The development of the balance scorecard
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Louie Zamperini was an Italian troublemaker while growing up‚ Louie moved to Torrance California as a young boy. He had an older brother‚ Pete‚ and two younger sisters. Louie had a mother‚ Louise and a father‚ Anthony. Louie was troubled as a kid growing up‚ he would steal from stores and run vigorously to get away‚ he would get in fights and make trouble at school up until his freshman year of high school. Louie was always envious of his older brother Pete‚ and looked up to him because Pete had
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Balance of Payments MEANING : Balance of payment can be defined as systematic record of all economic transactions between the residence of one country and the residence of another country during a given period of time.Economic transactions can broadly be categorized in to four heads which are: 1. VISIBLE ITEMS : visible items include all those tangible goods which can be imported and exported. These are visible as they are made up of some matter or material. this is known as merchandise also.
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The Inertial Balance The inertial balance‚ a simple device for measuring the inertial mass of different objects independent of gravity‚ is shown below. The balance measures mass by using it’s inertia … that is‚ it’s resistance to acceleration. The more mass on the balance‚ the slower it will swing. Procedure: 1. Clamp the balance to a table as shown. Try to clamp it in an out of the way place and not on the side of the room where people are always walking
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need for work-life balance and whether they can reconcile. It also looks to explicate how Work-life balance and flexibility are regularly‚ though not constantly contrasting within HRM. Lately‚ upward market demands and organizations’ need for global competitiveness have as highlighted by Edward and Wajcman (2005:46) resulted in an increased need for organizations to reorganize and draw from their employees’ an utmost efficiency and that has brought about the subject of Work-life balance and Flexibility
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Homer: His Life and His Works Greeks had used writing since c. 1400 BC‚ but it was not until the late 8th century BC that their literature was first written down. Greek literature began in Ionia with the brilliant epics of Homer‚ the Iliad and the Odyssey. These mature products of a long tradition of oral poetry brought together a vast body of divine and heroic myths and sagas that served as a foundation for much subsequent Greek literature. The epic view of humankind had a lasting influence
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1. What was the idea of ‘balance of power’ as practiced in Europe in the seventeenth and eighteenth centuries? (Short Answer). The idea behind the balance-of-power was mainly to keep the states with their own independence and avoid universal monarchy. States would often form an alliance with the weaker states if “one state seemed to dictate too much” (Palmer‚ Colton‚ & Kramer 2014). Often times the state that did not like what the other state was doing they would build up alliance with the weaker
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Rent Expense | 6‚200 | Electricity Bill – paid on May 30‚ 2011 | 8‚500 | Land | 15‚000 | Depreciation Expense | 31‚750 | | | Required Prepare a fully classified vertical format Balance Sheet for Nguyen Bich Fitness Club as at June 30‚ 2011 EXERCISE 2. The following are account balances of Brickwork as | | | | at 31 December 2010: | | | | | | | | | | | | | | Account | Amount ($) | | | | | | Plant & machinery | 25‚000 | | | | | |
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