Thursday, February 20, 2020

Analysis Of Ford Motor Companys Balance Sheet Assignment

Analysis Of Ford Motor Companys Balance Sheet - Assignment Example   Equity refers to the difference between total assets and total liabilities (Fridson et al 2011).  Purpose of the balance sheet  The main purpose behind the preparation of financial statements is to allow major decision makers to assess the present condition of the company and make changes as needed. Balance sheet, therefore, gives users an idea of the company's financial position along with presenting what the company owes and owns. It also indicates how the economic resources contribute by shareholders and lenders are used in the business. It helps investors to determine the financial standing of a company (Fridson et al 2011).  Creditors and banks use the balance sheet to make decisions on loans to be extended to the company. Also, stock investors use the statement of financial position to uncover whether the business represents a good investment. Balance sheet indicates trouble areas for the company such as back taxes owed or chronic late payment fees for bills (Peterson & Fabozzi, 2012).   How it reflects the company’s financial status  Statement of financial position often sums up the liabilities, assets and the owners' capital as a specified point in time. Analysis and review of the balance sheet show the current financial health of a company. Subtracting total liabilities from total assets results into stockholders' equity, this is the net worth of the company. Balance sheet, therefore, shows the value of the company (Ittelson, 2009).

Wednesday, February 5, 2020

Ocean fishery sustainability Essay Example | Topics and Well Written Essays - 500 words

Ocean fishery sustainability - Essay Example This is in relation to the fact that these factors are the main contributors of overfishing. According to National Geographic (1), the 90 million tons of fish caught from the ocean by 1989 was the main contributing factor for the current low number of fish in the ocean. From this assertion, it is apparent that the population of fish in the oceans cannot withstand fishing that is beyond 90 million tons. Though challenging, it is possible to make ocean fisheries sustainable. One of the key things that need to be done in order to achieve the sustainability of fisheries include recovering the depleted fish stocks in addition to maintaining them at levels above that is required to generate Maximum Sustainable Yield (Juzgado 1). Restoring the destroyed marine ecosystems to a condition that is healthy will protect the ocean organisms (Juzgado 1). According to Ale and Howe (1), the logistic growth curve is used by scientists to predict the carrying capacity of fish in a given water body. Despite its extensive use in the field of fisheries, it is apparent that the population of fish continues to collapse. The main reason for the failure of the logistic growth curve in management of the population of fish is that predictions often are not useful because they do not involve the prediction of the community composition (Ale and Howe 1). In addition to the options of control of overfishing discussed above, elevation of the oceans to the topmost levels of the UN system will aid reduce the problems associated with overfishing (Juzgado 1). This will be achieved by the UN system enabling not only a cross-cutting approach, but also a timely response to key threats and opportunities to the oceans’ ecosystem. Since overfishing has become a menace in the whole world, it is essential for the marine sanctuaries to be established so as to provide a secure habitat for the fish.