Liability

The organization could experience fire damage to their facility affecting their property risk exposure. IT Risks increase liability loss exposure, especially if system security becomes compromised and student information is leaked. In addition, systems risk associated with having out of date software can create operational risk exposure. Furthermore, personnel loss exposure…

retained income is generally two balance sheets reflecting the addition of net income and the deduction of dividends. Balance sheet- Provides insight into the companies’ ability to pay debts and its financial position. The sheet lists the asset, liabilities and equity at the close of business on a specific…

pay every $1.00 in their current liabilities. For the company quick ratio, Avis have 0.84 and hertz 0.13. For the quick ratio it means that Avis have a higher quick assets (liquid) to pay every $1.00 in the current liabilities. For the company current cash debt coverage, Avis have 1.47 and Hertz have 0.06. For the current cash debt coverage it means that Avis did not have problems in paying their debt while the Hertz is struggling in paying their current liabilities from operations. As what we…

Balance sheet is a snapshot of a firm’s asset, liability and equity as of specific date. It shows what the business is worth at one point in time. It has three parts: Assets, Liability and ownership equity or capital. Its purpose is to give people the idea of company’s financial position along with displaying what it owns and owes. a. Assets: i) Current assets: It is assets that are easily converted to cash over the operating…

debts of the businesses are personal debts to the owner. A partnership occurs when two or more people own the business jointly. They may be equal partners or each may have a certain share. Debts are still personal in nature. An LLC is a limited liability company. It offers the taxation benefits of a sole proprietorship or a partnership, while offering the protection of a corporation. A corporation is an entity that is consider legally separate from its owners. It pays its own taxes and…

generate interest off of this money every year. Banks loan your money to another bank and then they would need pay an interest fee and manage the capital. The further people invest and deposit their own money into the bank the higher bank has in liability to sell and make more money. The formula banks practice endures Assets equal…

Comparatively the total liabilities from the year 2011 to 2013 is decreasing. 2. Total assets is decreased up to 82% year 2013 and 95% in the year 2012. 3. Total receivables have been decreased to 44% in the year 2013 and 70% in year 2012. 4. Comparative analysis for the year 2011-12is…

parties have liquor liability because employees are allowed to bring alcohol. Our knowledge shows that there is no current coverage for the exposure of alcohol related incidents and these types of events on company property. Solution: Our solution is continuing to celebrate company quarterly success with these parties. However, we recommend PYB outsource this part to another venue. We also recommend hiring a catering and alcohol/beverage service to outsource the risks of liquor liability.…

With the newly formed corporation the liability would have to rely on both the corporation and Perez. With them trusting Perez to set the motion of the company any mistakes or accidents would be in the responsibility of them because of the choice that they decided to make with hiring him. It would…

2.2 Air Transportation Air transport is one of transport that connects from one place to another to another. Air service transportation air is also one of the transport of easy and fast to get from one destination to another destination no matter for domestic or international. Air service transportation also preferable to be used in an emergency or to carry valuable items in order to maintain safety. Mention by S Braathen, Apr 5, 2011, this is the fastest mode of transport. It carries goods and…