to the daily operations of the business. Balance Sheet Differences Because merchandising companies and service companies sell different things, they also have some balance sheet differences. The balance sheet lists all of the company's assets, liabilities and equity. Both types of
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understand taxes and the power of corporations. One thing that he helped me understood was when he was explaining that the rich don’t work for money; they force money to work for them, when the rich required assets then liabilities. To know the difference an asset and liability, He quoted that “in order to be truly wealthy, your asset column must be robust and able to offset your living expenses” and that most people think that a higher income will make one richer but in reality a strong assets
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of automotive, aviation, marine, outdoor and sports divisions (Funding Universe, 2013). Garmin’s Balance Sheet Analysis The balance sheet is the core of a company’s financial health and reveals the company’s assets, or what it owns, and its liabilities, or what it owes (JWMI, 2013). Examining Garmin’s balance sheet reveals that the company grew dramatically between 2005 and 2007, and then became more stable between 2008 and 2012. Given the current economy, Garmin’s cash and equivalents grew dramatically
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| Buildings | | | | Less: Accum. depreciation— buildings | | | | | | | | Intangible assets | | | | Copyrights | | | | Total assets | | | | Liabilities and Shareholders’ Equity | Current liabilities | | | | | Salaries and wages payable | | | | | Notes payable, short-term | | | | | Unearned subscriptions revenue | | | | | Unearned rent revenue | | | | |
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Research Proposal for Scottie’s Bake Shop Submitted to Luis Rodriguez Marketing head of development and research Mile-Stone Real Estate Prepared by Anthony Melendez Co- Owner Scottie’s Bake Shop 1/10/2014 Anthony Melendez 1700 Woodbury Rd. Orlando FL, 32828 January 10, 2014 Luis Rodriguez Marketing head of development and research Mile-Stone Real Estate 3211 Legacy Dr. Orlando FL, 32826 Dear: Luis Rodriguez I am writing you today to present you with a part of my
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Corporate and Auto & Home. The statements given below would share the company’s state. (MetLife, Inc. (MET), 2014). The financial state according to the statements provided A balance sheet is utilized for summarizing the company's liabilities, assets, and impartiality of the shareholders' at specific time duration. The balance sheet displays a company’s overall financial stability with its market value and also the investment carried on by the shareholders to the investors. It is vital
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73,000 Long-term investments 62,000 60,000 Plant and equipment (net) 510,000 470,000 Total assets $760,000 $685,000 Liabilities and Stockholders’ Equity Current liabilities 75,000 70,000 Long-term debt 80,000 90,000 Common stock 330000 300000 Retained earnings 275000 225000 Total liabilities and stockholders’ equity 760,000 685,000 "SIEVERT CORPORATION Income Statement For the Years Ended December 31"
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Business Plan Timothy J Clark GUI Graphics 13129 Anywhere Boulevard Covington, Washington 98042 555-569-1234 555-568-1234 timothyjclark@guigraphics.com Table of Contents I. Table of Contents 3 II. Executive Summary 3 III. General Company Description 3 IV. Products and Services 3 V. Marketing Plan 3 VI. Operational Plan 3 VII. Management and Organization 3 VIII. Personal Financial Statement 3 IX. Startup Expenses and Capitalization 3 X. Financial Plan 3 XI. Appendices 3 Executive
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assets with interest sensitive liabilities across each of the different time bucket and in a measure of the timing of changes in interest rates on net interest income. The Gap of the corporation is mostly positive for all the time periods except for the investments that are of less than six month maturity. A Positive GAP such as in the 6 months-1 year through 5 years shown that Norwest Corporation has more interest sensitive assets than interest sensitive liabilities. When interest rate rise of 1
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understand how assets, liabilities, and owner’s equity relate to each other along with measures the financial position of a company. The equation is set up as “Assets = Liabilities + Owner’s Equity” for an unincorporated business and “Assets = Liabilities + Stockholder’s Equity” for larger corporations. Assets are the business owned resources, such as money, building, equipment, and inventory. For assets in the equation, it must equal the liabilities plus owner’s equity amount. Liabilities are what companies
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