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Which type of financial ratio statement is used to judge how well an organization will be able to meet its short term financial obligations?
Wiki User
∙ 11y ago
quick ratio
Wiki User
∙ 11y ago
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What is the purpose of a victim impact a statement?
A victim impact statement allows a victim to describe the impact of a crime on their life. It is used to inform the court about the physical, emotional, and financial consequences of the crime and can influence sentencing by providing the judge with a fuller understanding of the harm caused.
Scripture Do not judge or you will be judge by the same standard?
Yes, that is a true statement, now what is your question?
Personal Financial Statement Form?
A personal financial statement is used by small businesses in order to obtain a loan from a bank or financial institution. Individuals who are organized and financially forward thinking also find use in creating and maintaining a personal financial statement. In the case of a business, if the business is new and has no establish credit history or collateral the bank will typically require a financial statement in order to judge the credit worthiness of the company; the statement outlines the debts and assets of the individual guarantors. The first step in creating a personal financial statement is to create a header of the top of the page. The header will include the company contact information. This information should include the name, address and contact phone numbers for the principle guarantor. Even though the personal financial statement will accompany the loan application, the contact information will need to be included on the personal statement as well as on the application for financing. Secondly, an asset and liability column needs to be created. Each asset should be recorded on its own line and be rounded to the nearest dollar. Assets will include any monies in checking and savings accounts as well as any life Insurance, real estate and any other assets that are owned by the business or the guarantors. The liabilities will be listed in the same way and will list outstanding debt including credit card obligations, mortgage, taxes and loans. There should also be a section on the personal income statement that details income. Personal income can include a salary from employment, investments and additional income such as divorce support income or retirement. The key is to show the lending institution that there are is a stable and reliable source of income which can be used to repay the loan or financing that is being applied for. A thorough personal financial statement will also include a list of all contingent liabilities. Contingent liabilities are all the other financial obligations and will include loans that have been cosigned for or any judgments that may be claimed against the applicant. The lending institution not only wants to see the applicant's current financial standing, but would also like to get a preview of any other outstanding debt that could affect repayment. A proven lender will conduct an evaluation of assets and liabilities when determining credit worthiness. It is important that the personal financial statement shows the maximum amount of assets owed. The liabilities should not outweigh the assets or the applicant's financial picture will not be as favorable and obtaining financing will be difficult.
How does a judge use math in court?
for financial issues
What is financial control?
able to judge where to pay & not pay
What is a judge's ruling or statement?
A judge's ruling is the final decision issued by a judge in a legal case. It determines the outcome of the case and often includes the judge's reasoning behind the decision. A judge's statement is any formal declaration made by a judge during court proceedings, which can range from clarifying legal principles to providing instructions to the parties involved.
What if your landlord sues you for back rent and you dont have the money to pay him in massauchusetts?
The landlord will likely file a motion for a payment order, through supplementary process. The tenant needs to attend the motion hearing. The tenant should go to the courthouse before, ask for a financial statement, and bring the completed financial statement to the hearing. You can present that to the court, and tell the judge your financial situation. If the judge believes that you don't have any disposable income, he can't order you to pay. He could tell you to get a job, and come back in a few months to give him an update. You could call a Massachusetts Housing Court, and ask to speak to a Housing Specialist.
What are the Purpose and objectives in financial statement?
The main objective of financial statements is to provide relevant and reliable information about the financial performance and position of an entity to a wide range of users to assist them in forming their economic decisions. For example, investors require financial statements to judge the profitability of their investments. Lenders require them to assess the credit worthiness of potential clients. Management requires financial statements to manage the affairs of the company in the interest of shareholders. Government may require financial statements to assess the accuracy of tax returns.
What does move to strike mean?
He is asking the judge to have the previous statement made to be removed from the record and have the jury disregard the last statement.
What is an aministrator?
an administrator is when a company is in big financial debt, they might go to court about and then the judge will issue them an administrator to help them with there financial problems
Meaning of final account of a company?
Final accounts are the accounts prepared at the final stage to judge the financial position of the business.It consist of Trading and profit and loss account and Balance sheet.It provide necessary information to various interested groups- share holder, investors, creditors..It also known as financial statement.-------by, bhavinpv@gmail.com
What if a judge said a statement but then turns around said they never said it but it is on record they did?
Nothing, The judge could be mistaken, the judge could be lying, the judge could have initially misspoken and said something he or she did not intend to say and then corrected themselves.This is not an automatic get out of jail free card, if that's what you were hoping for.Added: If it turns out that you (or your attorney) feel that the alleged statement is grounds for an appeal, a transcript of your proceedings can be ordered, and the statement can be included as part of the brief to the appeals court.
