Income statement

financial statements of the business. The financial statements of the business provide the manager with a working picture of the financial health, profitability and performance of the business. It provides investors a snapshot and long-term picture of the business and guides many investment decisions in the business as well as helps to track performance by reviewing its financial statements including income statements, balance sheets, and statement of cash flows. The Purpose of the Income…

Indonesia’s PSC has been amended three times from its first establishment. As shown in table 2.1 the latest PSC is the third generation which established in 1988. The table shows that the latest PSC generation introduces First Tranche Petroleum (FTP) as the new feature, which also affects the level of cost recovery ceiling. Moreover, government also imposes a new Domestic Market Obligation (DMO) price after 60 months of production. However, the level of profit oil or gas split, which also called…

Nonprofit Organization: Statement of Cash Flows Introduction In budgeting for nonprofit organizations, the Financial Statement of Not-for-Profit Organizations (FASB 117) guides institutions in their mandated functional reporting of expenses (Greater Washington Society of CPAs, 2015). The FASB 117 provides financial statements with insight on actual cost of programs and services, identifying evolving trends, and positioning the organization to generate future revenue. In addition, the…

The Walt Disney Company Financial Statement Analysis My cull of the company to base on in my financial statement analysis is the Walt Disney Company. This is a company that mainly deals with the regalement industry by animation. Its aim is to become one of the leading providers of entertainment and information to their audiences. This is done by their efforts to invest in creativity so that they are able to pull more audiences towards their oeuvres. Their commitment to creativity and…

Vision Anheuser-Busch’s vision is that through all of our products, services and relationships, we will add to life's enjoyment (Man on a Mission). Mission Anheuser-Busch’s mission statement is to provide the best beer, entertain and enhance the global audience, and to deliver superior returns (Man on a Mission). Corporate Values and Culture Anheuser-Busch portrays several values within their company. They state they want to have quality in all they do, exceed expectations from their…

Financial Accounting and Managerial Accounting Financial accounting and managerial accounting are both used to deliver facts about the organization to a decision maker. Managerial accounting is often mentioned as “cost accounting”. This is the method of categorizing, calculating, investigating, understanding, and connecting data for determining the businesses goals. Managerial accounting and financial accounting vary in significant ways, managerial accounting is designed to assist managers in…

My choice of the company to base on in my financial statement analysis is the Walt Disney Company. This is a company that mainly deals with the entertainment industry by animation.Its aim are to become, in the nearest possible future one the leading providers of entertainment and information to their various audiences. This is done by their various efforts to invest in creativity so that they are able to pull more audiences towards their works of art. Their commitment to creativity and…

The current CEO and Chairman, Jeffrey P. Bezos launched Amazon.com in 1994 to serve the people as an online bookstore. Today, Amazon is the most customer-centric company and the world’s highest-earning online retailers with the projection of $107 billion in revenue in 2015 (Amazon’s report 2015). With the workforce of more than 230,800 employees, the company headquarters in Seattle, Washington, and is listed on the NASDAQ stock exchange under the symbol “AMZN” (Amazon’s report 2015). Initially,…

make full use of business plan to attract potential investors and to convince the management team. Financial projection is the most critical part in a business plan, because the mapping process of an entrepreneur’s vision into coherent financial statements establishes a solid foundation on other aspects of the business planning phase. When it comes to raising finance, current SMEs still face foreseeable barriers to available diversified sources. To help SMEs to exert more important effects in…

Rushmore Loan Management Services LLC was formed on September 12, 2008 as a Delaware limited liability company for the primary purpose of servicing residential mortgage loans, and became licensed in the State of North Dakota on April 19, 2016. On July 30, 2010, the Licensee acquired a mortgage loan servicing platform which provided the Licensee the ability to service the portfolios managed by the Licensee and third-party investors. In September 2012, the Licensee established Dakota Asset…