Retained earnings

country with the vast majority of its population directly involve in the production of crops & livestock. Agriculture accounts around 45 percent of gross domestic product (GDP), 85 percent of the employment and over 90 percent of foreign exchange earning of the country (CSA, 2001). It satisfies 70 per cent of raw materials requirements of the country's industries (Belay, 1998). According to Wolday (2003) the delivery of credit has been as one of the antipoverty tool for the development programs.…

Abstract This paper presents a case study on the financial standings of Avis which is a large car rental group. The years 2012, 2013, and 2014 will be used to determine its financial stability. In comparison to Avis we will be using one of its competitors, Hertz Company, along with its 2013 financial information. The purpose of this analysis is to determine which company has a better financial standing and it will also influence our decision on which company will be suitable for investing. This…

landmark title not only for having the first animated star, but for being the first with a proper storyline as well (Goldman, 2005). Up until this point animation had been mostly the work of individual artists experimenting and exploring the new craft, earning a living doing so but none were particularly commercially successful. However this was all about to change with the rise of business minded men such as John Randolph Bray.John R. Bray initially became aware of the commercial possibilities…

END-OF-TERM EVALUATION ESSAY Over this summer I was in the position of accounting intern for the City of Dearborn Recreation Department. I was thankful for this position, being a statistics major, at the start for getting such a position and that has not changed as I near the end of this summer co-op. In this position I worked for the recreation accountant, assisting in all of her duties. While there was a lot of different work that needed to be done, there were some major activities that…

Parx casino located at 2999 Street Road in Bensalem Township is that largest casino in Pennsylvania. Greenwood Gaming & Entertainment, Inc. purchased the racetrack and original building located at 3001 Street Road in December 1990. The facilities new owners added simulcasting horse racing and six Turf Clubs, which currently operate seven days a week within the state. Parx boast over 200,000 square feet of gaming; 35000 slot machines; 130 live table games; a premier poker room with 80 poker…

The Effects of Shark Finning An ecosystem is an environment in which a community of organisms live in. Our ecosystem is threatened by a numerous of things. If the ecosystem is put off balance or destroyed, it could disrupt the food chain and cause several shortages. The act of shark finning is one of these factors disrupting our ecosystem. Fishermen harmfully reap the fins of sharks for money. This cruelty is only for one meal called shark fin soup. It is an old asian delicacy that is still…

1. The PESTLE framework is used to understand the political, economic, social, technological, legal and environmental forces affecting an industry and its incumbent organizations: • Political: Singapore Airline is the national air carrier for the company and it represent the country by carrying its national flag thus if the country has any national political problem will have a major impact on the operation of the airline industrial. • Economic: The major effect on Airline business is Fuel and…

Because his cinematograph could film, project, and print motion pictures, he retained a large amount of control over the movies that he made. Refusing to sell the rights to his cinematograph for the longest time, he would only lease out the exhibition rights to his films. It was only because Charles Pathè and his camera, developed…

Picture this. You are a teenager growing up in Los Angeles. Your mother is driving you to school, and you turn on the radio, “Yo thanks for tuning into the hottest radio station in the streets of LA. Up next we got N.W.A. with their new single Appetite for Destruction!” Gangster rap seized radio stations, causing such trunk-rattling, synthesizing, and minimalistic sounds to become inescapable for young individuals who lived in Los Angeles or those who desired to live there. One was bound to…

Total Current Assets Fixed Assets Capital Expenditures Store Furniture Total Fixed Assets TOTAL Assets Liabilities and Equity Current Liabilities Accounts Payable Long-term Debt Bank loans payable Total Liabilities Owners' Equity Retained earnings - beginning Retained earnings - current Total Owners' Equity Total Liabilities & Equity $0 $40,140 Projected Year 1 $10,000 1,500 $11,500 $1,012,710 14,040 1,500 $1,028,250 $346,000 $150,000 $496,000 $507,500 $660,000 $150,000 $810,000…