Answer & Explanation: Most balance sheets are arranged according to this equation:
Assets = Liabilities + Shareholders’ Equity
The equation above includes three broad buckets, or categories, of value which must be accounted for:
1. Assets
An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.
Assets can be further broken down into current assets and noncurrent assets.
- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable. - Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.
2. Liabilities
A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.
As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.
- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses. - Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.
3. Shareholders’ Equity
Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.
Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:
The best way to improve productivity would be to find the best method of doing each job, then teach those methods to employees.
<h3>What is productivity?</h3>
In the business environment, the notion of productivity has to do with the ability of employees to carry out tasks in the work environment in a more efficient, faster and better way.
To increase productivity, it is important that the workers are taught the best way to carry out their jobs.
The role of news organisations in political campaigns in recent times has been very significant.
Critics find it hypocritical because when paid to run political campaigns, news organisations do not reject lies by public officials, because they were paid for the air time.
For example, according to information from statistica, it estimates that more than 6 billion dollars were spent in the US Presidential elections campaign on broadcast TV in 2016.
Scrutiny would involve critical examination of the activities of this news organisations.
<span>The most important thing is to have low credit card fees. Some of them are annual fee, financial charge, late fee, over-the-rate fee..
Also low fee on balance transfers is very important and low APR (Annual percentage rate). APR can be fixed but also variable, however it depend on the amount of balance, the larger the balance, the bigger the rate.
You should also look for a reward for using their credit card.</span>
