Course Project Comprehensive Balance Sheet December 31st 2012 Assets Current Assets Cash $42‚485 Account Receivable $165‚824 Allowance for Doubtful accounts 1‚850 Net Accounts Receivable 163‚974 Inventories 499‚493 Securities (available for sale/at fair market value) 28‚250 Notes Receivable (due next year) 23‚000 Prepaid Expenses 16‚252 Total Current Assets……………………………………………………………………………………$773‚454 Non-Current Assets
Premium Generally Accepted Accounting Principles
Differentiate among the current account‚ balance of trade and balance of payments. Current account is the net profits that a country gain from its export and imports of goods and services‚ earning from foreign investment also the included the profits from transfer of payments. Current account is important because it includes all international merchandise trade and service accounts‚ that is‚ accounts for the value of all merchandise and services imported and exported and all receipts and payments
Premium International economics Balance of trade Macroeconomics
Balance Sheet and Income Statement Commentary Belinda Greer BSA/500 March 24‚ 2012 Murali Ramachandran Balance Sheet and Income Statement Commentary Balance sheets and income statements are a snapshot of a company’s stability and financial situation. Combined the statements show the income‚ expenses‚ and stockholder’s equity in the company. These statements are often analyzed by financial institutions when a company comes to them needing a loan. Stockholders and other investors also look
Premium Balance sheet Asset Liability
also collected accounts receivable of $9‚765 and incurred operating expenses of $27‚700‚ 80 percent of which were paid during the year. In addition‚ Rumbo paid $4‚500 for an 18-month advertising campaign that began on September 30. Rumbo ’s accrual-basis net income (loss) for 2009 was a. | $9‚285 | b. | $8‚535 | c. | $14‚075 | d. | $(775) | 2. The 2013 accrual-basis income statement for Razorri Corporation reports sales revenue of $81‚000. The related balance sheet accounts for the beginning
Premium Generally Accepted Accounting Principles Balance sheet Revenue
forwarded to me by someone.. i found it very useful. Capital Account Convertibility India has been relentlessly moving on the path towards liberalization‚ opening up its markets and loosening its controls over many economic matters so as to integrate with the global economy. Despite the opposition to globalization from some quarters‚ India has been quite watchful in its approach to embracing global economy. The issue of capital account convertibility is one such where the nation has tread very
Premium Foreign exchange market Currency Bretton Woods system
Owner’s equity can increase through: Owner contributions and/or Net income Owner’s equity can decrease through: Owner drawings (10 - 15 min.) E 1-24 Req. 1 Net income for American Express Services (AES) is $7‚000‚000‚000. Revenues – Expenses = Net Income $21‚000‚000‚000 - $14‚000‚000‚000 = $7‚000‚000‚000 Req. 2 The owner’s equity increased during the year by* $7
Premium Generally Accepted Accounting Principles Balance sheet Liability
Administrative Ethics Melissa Johnson HCA/335 September 17‚ 2012 Ann Nevers Administrative Ethics Patient privacy in any medical facility is not only a right‚ but a law which was passed by the United States congress in 1996. The law provides the ability to transfer and continue health insurance coverage for Americans when the change or lose their jobs‚ reduces healthcare fraud and abuse‚ mandates industry wide standards for health care information on electronic billing‚ and requires confidential
Premium Identity theft Health care Health Insurance Portability and Accountability Act
POINT OF PARITY AND POINT OF DIFFERENCE These can be utilized in the positioning (marketing)[->0] of a brand[->1] for competitive advantage[->2] via brand/product[->3]. In essence: Points-of-difference[->4] (PODs) – Attributes or benefits consumers[->5] strongly associate with a brand‚ positively evaluate and believe they could not find to the same extent with a competing brand i.e. points where you are claiming superiority or exclusiveness over other products in the category. Points-of-parity
Premium Brand Advertising Brand management
Income statement: In the case of sole proprietary and partnership concerns there are no prescribed forms of the income statement and balance sheet. Their preparation is also desirable but not compulsory. However‚ they are generally prepared. In the case of trading concern‚ a trading account and in the case of a manufacturing concern‚ a manufacturing account and a trading account can also be prepared. In such a case‚ the account heading is mentioned as follows: Manufacturing/trading and profit and
Premium Balance sheet Asset Generally Accepted Accounting Principles
because of the negligence of someone else‚ you have the right to be fairly compensated for the income you will lose while you are recovering from the injury. An injury resulting from a car accident can easily cause you the need to take time off from work. Unfortunately for some people‚ their jobs do not include paid sick days or even vacation time. They may have to take an unpaid leave of absence or beg for time off to recover. If you have a job that offers sick days‚ you still may not have enough of
Premium Injury Legal professions Accident