Business Scenario : What are the primary distinctions between a Profit and Loss Statement and Balance Sheet?

Business Scenario In 2018, Hamid took an early retirement after many years at the VP-level in a multinational retail banking services firm. In early 2019, he did his due diligence and completed a competitive analysis and discovered a niche market in the diversity and inclusion training space. Hamid started a consulting business offering diversity and … Read more

 Balance Sheet:Assets and Liabilities: what were total current assets?

 Balance Sheet Create a balance sheet of your own business and Respond to one or more question(s) from each of the three categories below. Category: Assets and Liabilities 1.  What were total current assets? 2.  What were total current liabilities? 3.  What was total assets and total stockholder’s equity (deficit)? Category: Analysis 1.  Calculate the … Read more

Discuss why? in today’s world, internet is widespread and ubiquitous, and people tend to rely more on it than they used to before.

Introduction of an e-commerce start-up with five-year projections of Cash Flow Statement, other expenses and Balance Sheet. The start-up will be a premium e-commerce store that aims at providing premium jewelry through an E-commerce platform. It will offer a variety of precious and semi-precious gemstones originating from across the world, made into real and artificial … Read more