COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
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SPIRITUALITY – Its Relevance to Management Way back in 1960‚ when late M.F. Kennedy‚ President of United States of America‚ stated that by the end of the decade the man will set his foot on Moon‚ nobody believed him including the Scientists and the Astrologers. They thought it was incredulous and unattainable. Nevertheless‚ it became true because there was political will and outer space conquered. What we need today is to conquer inner space – the hearts and minds of people engaged in business
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| Company: World Balance International‚ Inc. I. Company Profile A. History In October 14‚ 2008‚ World Balance International was introduced to the market‚ which aims to distribute and market top and excellent quality footwear and apparel worldwide under its brand. B. Company’s Product and Services World balance features a variety of footwear to provide Filipino men and women with more options
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The relevance of Shakespeare is‚ in my opinion‚ unquestionable‚ even in contemporary times. Not only is his contribution to the English language immense in its proportions‚ but also enduring. Even today‚ William Shakespeare is a household name the world over. He is quite literally‚ the figure-head of English literature‚ even to the average layman. Innumerable versions of his immortal works are seen again and again in our films‚ plays and even our writing. His simple yet deep concepts have stood the
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Relevance of Rizal Today The liberty in our hands‚ the probability that our country can achieve economic and social prosperousness on its own‚ and the denomination our motherland had received which is all known in almost around the world. These are the products that a great man entrusted to us‚ the fruit an unforgettable man had cultivated for the present generation‚ and the path created by a hero for us to have our own history and to make our own legacy for the future Filipinos. These are the outcome
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Modern Relevance of “The Birthmark” “The Birthmark” is a fable created by Hawthorne that conveys his viewpoint towards the use of science to contradict the laws of nature. The fable also includes commentary on the depiction of men and women in society‚ along with their presumed roles. Both of these themes in my opinion are even more relevant today than when the story was written. Hawthorne disapproves of science used as a tool to tamper with living beings‚ for they are not meant to be perfect
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Abstract It’s not only Western enterprises that expand globally‚ enterprises from emerging countries are doing the same more and more organizations are expanding from a local to a global market space. Especially India is establishing itself as economic center and is rapidly becoming the new global economic superpowers. An understanding of local culture and how it affect Western leadership practices and behavior is key in order to become a successful leader‚ as Western enterprises continues to
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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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Buddhism – Meditation as a balance between work and private life Buddhist meditation and its practice is one of the biggest parts in the Buddhist religion. It plays an important role for not only the traditional Buddhists in the eastern world‚ but also for the “new” Buddhists in the west. Whereas older forms of meditation were often practiced for a long time‚ the new forms are normally shorter. The fact that Buddhism found more and more followers in the western world over the last decades‚ created
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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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