Financial Assets In Business Finance Articles | February 7 Martin Brodeur Youth Jersey , 2007 The financial statements are prepared at the end of the year in an organization to present the actual financial position of a business.
A financial statement is compilation of data, which is systematically and logically organized according to the accounting principles. The financial information about the entity is necessary for a number of stakeholders like stockholders, creditors, and the general public. The management committee of an organization requires financial data to make analysis and interpret the data for further decision-making. To cite an example, Rainbow-chem industries present their balance sheet in a vertical format, which comprises of two categories i.e. sources of funds and application of funds. Sources of funds include the funds raised from various sources like share capital Scott Niedermayer Youth Jersey , total reserves, secured and unsecured loans and total debts. Application of funds means the capital expenditure incurred by the firm to purchase long-term assets, accounts receivables and investments. The Profit and Loss Account reveals the routine income and expenses incurred by the firm at the year ending financial year. The two main tools of financial analysis are the ratio analysis and funds flow analysis. To determine the liquidity position of the firm the relationship between the current assets and current liabilities are studied. Liquidity implies the firms ability to pay off the debts in the short run. If the firm has sufficient net working capital (excess of current assets over current liabilities) then it is assumed to have enough liquidity. The liquidity ratio is determined by dividing the current assets current liabilities. Current assets include cash, marketable securities, debtors, inventories Jamie Langenbrunner Youth Jersey , advances and prepaid expenses. Whereas, current liabilities include loans and advances borrowed, trade creditors, accrued expenses and provisions. Article Tags: Current Assets, Current Liabilities
Enclosed Trailers Autos Articles | September 13, 2016
Simply put Scott Stevens Youth Jersey , enclosed trailers are an excellent way to haul whatever you need to, from one place to another; very popular among transporting crowds; they can be large or small; and they can be highly customized to match your towing vehicle. People can use the enclosed trailers for a wide range of uses.
1. Workshop: From time to time it becomes necessary to store your working equipment, tools or gear just to protect them from harmful weather conditions. You don`t need to build a cabinet or extra space to protect all your power tools and materials for the construction job. The enclosed trailer is a great way to store and transport easily and safely everything you need from one place to another.
2. Furniture: For those that like to travel, transporting your moving furniture (camping equipment, fishing items, micro bed and tiny kitchen) into a trailer can be a great option for you. These trailers can carry all the pieces because they are very stable and their construction can provide adequate space so you don`t have to worry about anything during the transportation.
3. Bikes Ken Daneyko Youth Jersey , Motorcycles: If you own recreational vehicles you can haul them on this type of trailers so you can easily transport them anywhere you want.