Financial Statement Analysis

Financial Statement Analysis 1.        How in your FSA subject do you view the income statements, including cash flow statements and the balance sheet in determining the profitability of a company?                 1.1       Income Statement Income statement or profit or loss statement is basically a financial statement of an organization for a specific time period that measures …

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A critical discussion of The Work of Art in the Age of Its Technological Reproducibility

1.          Introduction The essay is important for its early analysis of photography, and the influence photography and technological reproducibility have had on art and our perception of it. I summarized the essay below, dedicating a short paragraph to each of the chapters of Walter Benjamin’s essay. I have commented briefly after each paragraph to indicate …

impact of finance on the financial statements

Impact of Long term Loans Chief executive must be aware of impact on long term loan on the company because liabilities are debts the company incurs. As Chief executive should understand that the liabilities are the basically source of funding and they can grow large, and may find itself owing more than it earned the …

Importance of financial planning

The financial planning is so important for the Emaar group of properties due to following reasons (Michael, et al., 2011). It will be possible for the chief executive manage the income and he can understand the money for tax payments and other expenses and he will come to know about the savings (Patricia and Ilia, …

Implications of legal status, Dilution of Control and tax affects

Each financial resource has its own implications for example interest rate on loan, late payment penalties etc. legal status means that when the business has been started then there are so many legal responsibilities on the business entity including tax payments, legal agreements, on time payments, wages rates, tax rate, sales tax payments, value added …

Main Sources of Finance

Short term Trade credit Overdrafts Operating lease Medium term Debenture Public deposit Commercial banks Financial institutes Lease finance Long term Share capital Retained earnings Debits Loans (more than 5 years) Preference shares 1.1.1   Bank Loan Banks and trust unions tender lending to bulky and mean businesses (Richard, 2008). When party take out a loan from …