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.
The four most common financial statements are the balance sheet, income statement, statement of cash flows and the statement of stockholderâs equity. Each statement has a specific purpose; the income statement reflects a companyâs profitability, while the statement of retained earnings shows the change in retained earnings between the beginning and end of a period (e.g., a month or a year).