Liability insurance

494. This is unfavorable because borrowed funds tend to be very costly. Other liabilities grew throughout the year; on 3/31/19, other liabilities was at 24.426, but at the end on 12/31/19 it was at 28.973. This increase means…

Summary: The demand of chocolate, at first, vastly outweighed the processors supply. Because of this the number of processors has increased immensely over the last couple of years, especially in West African and Asian nations. The outcome of this caused the global processing capacity to grown more than 400,000 metric tons in just five years. Godiva and Hershey’s market to two totally different groups. Godiva markets their chocolate to people who are willing to spend a little bit more…

least statement , is the Balance Sheet . As suggested by its name , the balance sheet statement’s primary purpose is to make sure that all assets ( things that can be used to create income , store wealth and value ) balance out with the sum of liabilities ( debts that can be utilized to create assets ) and equities ( One’s net worth) ( Siegel &Yacht, 2009 ) . For instance , if my…

Pearson Air & Conditioning services financed its operations mostly through debt. Its total liabilities (both current and long term) were $136,211 compared to stockholders’ equity of $126,625. The company might be able to reduce its bank loans by reducing its inventory levels, its cash balance, and speeding up the collection of its credit sales. Currently…

It has risen from 2.19218122 to 1.66666667 from year 2016 to 2017. The ratio is rising which is indicator that current assets are efficiently use to generate sales. Current Ratio: Current ratio is falling which is not good indicator as current liabilities are increasing. Acid-Test Ratio: It is also an indication of liquidity. Its falling is indicates high difference between current ratio and acid-test ratio indicates a high value inventory in stock. Gearing Ratio: Gearing ratio is decreasing…

The four key changes that were apparent in the HCA’s results were that revenue increased 8.5 percent to $8.434 billion, compared to $7.769 from the previous year. The revenue growth was attributed to patient volumes and patient utilization at the organizations facilities. Admissions increased 7.4 percent, a substantial percent increase from the previous year. Their cash flow from operations totaled $1.263 billion compared to $1,387 billion the year before. The facility emergency room visits…

ORIGIN OF LOSS: Insured has presented a mold report from KATHRYN L. PASCALE, INC. 1302 SW 1st AVENUE FORT LAUDERDALE, FL 33315 Office: (954) 524-3910. The mold report was attached to the loss notice so I have not attached to this report. The mold report states there is mold in a wall under window in common area. It also states there is mold under sink and cabinet should be removed to determine extent of damages. The report also found mold in AC closet and recommended it be removed by…

he Income Summary account is used to Close the revenue and expense accounts. The income summary account is a transitional account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or loss that the business incurred during the period. Thus, shifting revenue out of the income statement means debiting the revenue account for the total amount of revenue…

Basic journal entries The following transactions pertain to the Jennifer Royall Company: May 1 Jenni¬fer Royall invested cash of $25,000 and land valued at $15,000 into the business. Cash…. $25.000 and Land $15,000= Owner’s equality $ 40,000 5 Provided $1,000 of services to Jason Ratchford, a client, on account. Account receivable $1,000 Revenue $1,000 9 Paid $1,250 of salaries to an employee. Salary Expensive $1,250 Cash $1,250 14 Acquired a new computer for…

If we use the debt ratio formula which is “Debt Ratio = Total liabilities/ Total assets” we can calculate how much the company’s assets are debt and if you do the calculations we the following numbers .346 for 2011, .329 for 2012 and 2.99 for 2013. With the numbers decreasing it means that the company has less dependence…