The balance sheet is essentially a picture a companyâs recourses, debts, and ownership on a given day. This is why the balance sheet is sometimes considered less reliable or less telling of a companyâs current financial performance than a profit and loss statement. Annual income statements look at performance over the course of 12 months, where as, the statement of financial position only focuses on the financial position of one day.
Bronchitis: Introduction. Bronchitis is a general term for two diseases that cause swelling and irritation (inflammation) of the lower airways of the lungs called the bronchi and the bronchioles. Types of bronchitis include chronic bronchitis and acute bronchitis.ronchitis: Introduction. Bronchitis is a general term for two diseases that cause swelling and irritation (inflammation) of the lower airways of the lungs called the bronchi and the bronchioles. Types of bronchitis include chronic bronchitis and acute bronchitis.
Bronchitis (bron-KI-tis) is a condition in which the bronchial tubes become inflamed. These tubes carry air to your lungs. (For more information about the bronchial tubes and airways, go to the Diseases and Conditions Index How the Lungs Work article.). People who have bronchitis often have a cough that brings up mucus. Mucus is a slimy substance made by the lining of the bronchial tubes. Bronchitis also may cause wheezing (a whistling or squeaky sound when you breathe), chest pain or discomfort, a low fever, and shortness of breath.