Liability

As of December 31, 2015, Total Current Assets totaled $553,392,422 and Total Current Liabilities totaled $512,484,472 which resulted in Net Current Assets of $40,907,950. The current ratio as of the same date was 1.08:1. Based on a review of the December 31, 2015 financial statements, First Guaranty Mortgage Corporation’s earnings, lines of…

The MD&A section of the financial statement were consistent with my research results. Netflix is an emergent company that is attempting to expand their services worldwide. With this expansion comes an internal growth within the company, but it also come with a rise of costs within the operation that is becoming dangerous for Netflix. This is illustrated in Netflix’s financial reports. You can clearly see the growth of Netflix in their balance sheet. Every year their total assets grow at least…

BALANCE SHEET ANALYSIS SECURITIES, INVESTMENTS, AND OTHER Securities, Investments, and Other 2016 2015 2014 2013 Change Balance Sheet 9,069,209 8,360,290 7,737,748 7,118,504 1,950,705 Vertical Analysis 54.69% 52.80% 50.46% 50.09% 4.30% Horizontal Analysis 127.40% 117.44% 108.70% 100.00% 27.40% When looking at the vertical analysis of Sony’s balance sheets, the biggest change is in securities, investments, and other, which encompasses the company’s investments, as well as their sales and…

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…

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…

Midterm Assignment Facts Ms Jones was an English consultant, who worked for a multinational firm in Madrid, signed a notarial act with the Bank Z in May 20th, 2007 for the loan of 200, 000 EUR. She secured it by mortgage on her apartment. Ms Jones had to reimburse the whole payment with 300 monthly payments due November 31st, 2036. She would have to pay an interest of 7% instead of 4% if she failed to pay any of the installments. Ms Jones fulfilled all requirements of the agreement from 2007 to…

CASE NAME AND CITATION Valilas v Januzaj, April 08, 2014, [2014] EWCA Civ 436 COURT AND JUDGES COURT OF APPEAL (CIVIL DIVISION) - LADY JUSTICE ARDEN, LORD JUSTICE UNDERHILL & LORD JUSTICE FLOYD PARTIES IOANNIS VALILAS- Respondent/Claimant VALDET JANUZAJ- Appellant/Defendant MATERIAL FACTS Mr Valilas ran the practice and had an oral agreement with Mr Janujaz who used the premises, equipment and facilities and in return paid Mr Valilas 50% of his receipts each month. Mr Janujaz also had a contract…

Introduction Budgetary control as mentioned by Buckley and McKenna (1972) comprises of planning, controlling, coordinating and motivation through money value and departments within an organisation. It is a plan but in quantitative terms that lasts about 1 year. It plays an important role in organisation control and mainly shows concern for the control of performance. Using budgetary control in performance management as a more integrative control program for organizations is becoming…