One factor that influenced the failure of the United States in Vietnam was lack of public support. However, the notion that the war initially was prosecuted by the government against the wishes of the American people is false.
September 29, 2012/. The general purpose of the financial statements is to provide information about the results of operations, financial position, and cash flows of an organization. This information is used by the readers of financial statements to make decisions regarding the allocation of resources.
An income statement or profit and loss account is one of the financial statements of a company and shows the companyâs revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income. The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported. One important thing to remember about an income statement is that it represents a period of time like the cash flow ...