Products related to Liabilities:
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Flaws of Nature : The Limits and Liabilities of Natural Selection
Species evolve over time to become perfectly adapted to their environments, right?Well, sometimes. Consider that an elephant will not grow a seventh set of teeth, even though wearing down the sixth will condemn it to starvation; that hosts of the European cuckoo seem unable to tell that the overgrown monster in their nest is not their own chick; and that whales are fully aquatic mammals who, millions of years after first abandoning the land, still cannot breathe underwater. This book is about evolution, but not its greatest hits.Instead, it explores everything in the animal kingdom that is self-defeating, ill-made, uneconomical, or downright weird – and explains how natural selection has favoured it.In the grand struggle for survival, some surprising patterns emerge: animals are always slightly out-of-date; inefficiency tends to increase over time; predators usually lose, and parasites usually win.With equal parts humour and scientific insight, Andy Dobson is here to explain the how and why of evolution’s limits and liabilities.
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Hip Hop Culture : A roadtrip across Europe
Hip-hop expert and Backspin publisher Niko Backspin, together with Porsche, has created a new travel guide to Europe's hip-hop music and culture.Far from promotion tours or concert halls, Huls meets and talks to rappers, DJs, street performers and breakdancers.Part of Porsche's 'Back 2 Tape' documentary series, this guide sheds a light on the influence of urban hip-hop youth culture in European cities. With 17 artists from Germany, the Netherlands, the UK, France, Spain and Denmark, it combines portraits of hip-hop stars such as Kool Savas (Berlin), Lord Esperanza (Paris), Edson Sabajo (Amsterdam), Falsalarma (Barcelona), Lars Pedersen (Copenhagen) and the Flying Steps (Berlin) with destinations that every hip-hop and road trip fan in Europe should visit. "This book is an invitation to encounter European hip-hop culture with all its diversity in an open and positive way..." Niko Backspin
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Advice for a Successful Career in the Accounting Profession : How to Make Your Assets Greatly Exceed Your Liabilities
Practical guidance to optimize the benefits of your accounting degree—no matter what stage of your career! Originally conceived and designed to provide helpful advice to college and university accounting majors and early-career professionals, this book evolved into a valuable resource for those groups as well as others who may be further along in their accounting careers.It contains many practical examples and real-life experiences from a long and successful career in the profession that you won't find in any accounting, auditing, or tax textbook. And it is written in a fun and engaging style with a simple goal in mind: to share lessons learned and insights that will help accountants of all ages optimize their career opportunities!Jerry Maginnis, CPA, the former Office Managing Partner for the Philadelphia office of KPMG, one of the "Big Four" Accounting Firms, currently serves as the "Accounting Executive in Residence" at Rowan University in Southern New Jersey.In this role, he has counseled and mentored dozens of students and early career professionals.The book leverages Jerry's real-world experience and his advice and counsel is delivered in a fashion that will make you feel like you are having a one on one conversation with him!Readers will also enjoy: Advice delivered concisely: each chapter is succinct and provides essential takeaways and action plans for all points in a careerA guidebook that is efficiently organized into three sections—for college and university students, for early-career professionals, for accountants of all ages and experience levels—allowing the reader to focus on the sections that are most applicable to themAn excellent refresher or reminder of concepts or principles that are important to even the most successful and experienced accountants Loaded with "real world" tips and techniques, Advice for a Successful Career in the Accounting Profession is an ideal resource for accountants and auditors, tax and advisory professionals, and University professors and high school instructors teaching Accounting, undeclared business majors, underrepresented populations, and students aspiring to become CPAs.
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None of My Business : P.J. Explains Money, Banking, Debt, Equity, Assets, Liabilities and Why He's Not Rich and Neither Are You
After decades covering war and disaster, bestselling author and acclaimed satirist P.J. O'Rourke takes on his scariest subjects yet: business, investment, finance and the political chicanery behind them. Want to get rich overnight for free in 3 easy steps with no risk?Then don't buy this book. (Actually, if you believe there's a book that can do that, you shouldn't buy any books because you probably can't read.) P.J.'s approach to business, investment and finance is different.He takes the risks for you in his chapter 'How I Learned Economics by Watching People Try to Kill Each Other.' He proposes 'A Way to Raise Taxes That We'll All Love' - a 200% tax on celebrities.He offers a brief history of economic transitions before exploring the world of high-tech innovation with a chapter on 'Unnovations,' which asks, 'The Internet - whose idea was it to put all the idiots on earth in touch with each other?' He pokes fun at bitcoin, and closes with a fanciful short story about the morning that he wakes up and finds that all the world's goods and services are free!This is P.J. at his finest, a book not to be missed.
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Are wages liabilities?
Yes, wages are considered liabilities for a company because they represent an obligation to pay employees for their work. From an accounting perspective, wages are typically recorded as a liability on the company's balance sheet until they are paid to the employees. This reflects the company's obligation to fulfill its financial commitments to its employees. Therefore, wages are classified as a liability until they are settled.
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What are liabilities and receivables?
Liabilities are obligations or debts that a company owes to external parties, such as loans, accounts payable, or accrued expenses. They represent the company's financial responsibilities that must be settled in the future. Receivables, on the other hand, are amounts owed to a company by its customers or other parties for goods or services provided. They represent the company's right to receive payment and are considered assets on the company's balance sheet. Both liabilities and receivables are important components of a company's financial position and are crucial for assessing its overall financial health.
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What are transitory assets and/or liabilities?
Transitory assets and/or liabilities are items on a company's balance sheet that are expected to be settled or used up within a relatively short period of time, typically within one year. These items are considered to be temporary in nature and are not expected to have a long-term impact on the company's financial position. Examples of transitory assets include cash, accounts receivable, and inventory, while examples of transitory liabilities include accounts payable and short-term debt. It is important for investors and analysts to understand the nature of these transitory items when evaluating a company's financial health and performance.
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Why is equity on the liabilities side?
Equity is placed on the liabilities side of the balance sheet because it represents the claims of the company's owners or shareholders on the company's assets. It is considered a liability because the company has an obligation to its owners to repay their investment in the business. However, unlike other liabilities, equity does not have a fixed repayment schedule and is considered a residual claim, meaning it is only paid out after all other liabilities have been settled. Therefore, equity is categorized as a liability on the balance sheet to accurately reflect the financial obligations of the company.
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How are the assets and liabilities evaluated?
Assets and liabilities are evaluated based on their current market value or book value. For assets, this means determining their fair market value, which is the price that they could be sold for in the current market. Liabilities are evaluated based on their current outstanding balance or the amount that is owed. This evaluation helps to determine the financial health and position of a company, as well as its ability to meet its financial obligations.
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What is the difference between receivables and liabilities?
Receivables are amounts owed to a company by its customers or other parties for goods or services provided, while liabilities are obligations or debts that a company owes to its creditors or other parties. In other words, receivables represent money that is owed to the company, while liabilities represent money that the company owes to others. Receivables are considered assets on the company's balance sheet, while liabilities are recorded as obligations or debts.
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How can accounting, liabilities, and receivables be interconnected?
Accounting, liabilities, and receivables are interconnected in the sense that they all play a role in a company's financial health. Liabilities are debts or obligations that a company owes, which are recorded on the balance sheet as part of the accounting process. Receivables, on the other hand, represent money owed to the company by its customers or clients, and are also recorded on the balance sheet as assets. The relationship between these two is that receivables can eventually become liabilities if they are not collected in a timely manner, which can impact the company's financial position. Therefore, proper accounting practices are essential to accurately track and manage both liabilities and receivables to ensure the company's financial stability.
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How can liabilities be settled in other ways?
Liabilities can be settled in other ways through various means such as debt restructuring, where the terms of the debt are renegotiated to make it more manageable for the debtor. Another way is through debt-for-equity swaps, where the creditor agrees to convert the debt into an ownership stake in the debtor's company. Additionally, liabilities can be settled through the sale of assets, where the debtor sells off assets to generate cash to pay off the liabilities. Finally, some liabilities can be settled through the issuance of new debt to replace the existing liabilities, known as refinancing.
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