The basics of income statement explained from scratch 🧮➕
In this thread we will talk about:-
1.What is a Profit & Loss Statement
2.Accrual principle of accounting
3.Profit & Loss line items
Let's dive in 🧵🧵🧵🧵🧵🧵🧵
Retweet for educating max investors!!
What is a Profit & Loss Statement?
Statement of Profit & Loss is one of the most important part of financial statements which shows a company's revenue, expenses and the amount of Profit earned or Loss incurred by the company. It is also known as Income Statement.
Normally P&L statements are prepared quarterly or annually. Quarterly means a period of 3 months of a financial year.
Annually means for the whole financial year i.e, April to March.
You were just like a bunch of clown in a circus. A hoax that went wrong in just a couple of years. I have never wore a mask in my entire life.🤠
#CovidHoax was an experiment for compliance & obedience, to kill some useless eaters only. A hoax second only to the Cold War Hoax.
Cells exposed to 963 Hz don’t just drift — they self-organize into patterns, revealing life’s resonance with frequency. The line often miscredited to Tesla, “If you knew the magnificence of 3-6-9…”- hits differently when 9-6-3 literally moves living cells.
🚨 The Bitcoin Collapse is Here and Bitcoin Holders Are About to Face their Worst Nightmare.
The accusations about Bitcoin being a CIA/NSA asset are coming out to be true.
The UAE just banned self-custody Bitcoins… the first domino.
Buckle up🧵👇
(1/🧵) 🇦🇪 The UAE bans self-custody Bitcoins.
The UAE has officially introduced regulations that ban self-custody of Bitcoin under its new financial crime framework and violators can now face fines and potential criminal penalties.
If a pro-crypto nation is restricting BTC, it’s for a reason👇
(2/🧵) The UAE move wasn’t random.
They did it because they’re building a Ripple-powered digital economy.
The XRPL is officially being used in UAE’s Real Estate and $XRP already has DIFC Recognition(UAE’s Global Finance Hub).
The UAE is also betting big on Ripple’s upcoming zk-proof technology for its economy.
En su libro “Contra el creacionismo judicial”, Ferrajoli defiende que los jueces deben decidir principalmente por subsunción y no por ponderación.
Aun así, reconoce un punto en común con quienes sostienen posiciones “creacionistas”: la distinción entre reglas y principios, y la idea de que estos últimos pueden subdividirse. Pero justo ahí introduce una diferencia clave. 🧵
En el libro Ferrajoli compara su propia distinción entre “principios regulativos / principios directivos” con la distinción de Atienza y Ruiz Manero entre “principios en sentido estricto / directrices”
1. Qué dicen Atienza y Ruiz Manero: “principios en sentido estricto” y “directrices”:
Los principios en sentido estricto expresan “valores últimos” o “razones últimas o finales para la acción”.
Son los valores que, en caso de conflicto con otros criterios, prevalecen en la ponderación, porque representan fines últimos del sistema jurídico (dignidad, igualdad, libertad, etc.).
Pueden ser derrotados en casos extremos, pero de entrada tienen prioridad frente a otros tipos de razones.
An update on the war following a recent trip. Ukrainian forces are holding, but the situation has worsened since July due to mounting offensive pressure. Here I cover some of the negative and positive trends, along with the salient dynamics at the front. Long thread. 1/
Drones continue to be responsible for most daily casualties, with the front line defined by overlapping drone and artillery fire engagement zones 20-25km from the forward line of troops. This is commonly referred to as the ‘kill zone.’ 2/
One of the key dynamics this year has been a tug of war contest between Russian forces and the AFU over superiority in this kill zone, and its relative footprint. That in turn determines initiative on the ground, and the cost incurred in offensive, or defensive ops. 3/
¿Por qué guardamos un minuto de silencio? Todo comenzó en 1919, cuando todo un imperio se paró. Ni coches, ni voces, ni pasos. Solo había silencio. Así nació uno de los gestos más universales de respeto, el minuto de silencio. Tira del hilo 🧵👇🏽👇🏽👇🏽
El origen del minuto de silencio no es religioso ni antiguo, sino moderno, urbano y profundamente humano, y surgió cuando el mundo aún estaba temblando por la Primera Guerra Mundial, una tragedia que dejó más de 20 millones de muertos y generaciones enteras rotas.
Cuando terminó la guerra en noviembre de 1918, millones de familias buscaban una forma de honrar a los suyos, pero no había un ritual común, no existía un gesto universal para expresar duelo colectivo, solo dolor disperso sobre ciudades convertidas en cicatrices.
🚨🇺🇸 American soldiers buried their friends fighting al-Qaeda. Today, Washington is rolling out the red carpet for the former leader of al-Qaeda’s Syrian branch.
If that doesn’t tell you the War on Terror was a lie, nothing will. 🧵
1/14 The photograph of Julani slipping into the White House — practically smuggled in like contraband — should have been a geopolitical earthquake.
Instead, it landed in total silence.
The same pundits who shouted about “Islamist infiltration” for 20 years had nothing to say
2/14 The neocon establishment — the ones who built careers warning about al-Qaeda — went mute when Washington welcomed one of al-Qaeda’s senior alumni as the “new Syrian president.”
Their silence reveals more than their outrage ever did.
Autonomic Function Testing (AFT): What to Expect AFT is a battery of tests used to diagnose dysfunction of the autonomic nervous system, identify specific conditions- like POTS, orthostatic hypotension & small fiber neuropathy. AFT helps identify the cause of symptoms and guides treatment. 1/
Not everyone will need all of these tests. Your provider will decide which ones are appropriate based on your symptoms. Most autonomic tests are non-invasive and performed in an outpatient clinic. You may be asked to avoid certain medications, caffeine or heavy meals before testing. 2/
First up...the tilt table test. This test measures how your heart rate & blood pressure respond to changes in position. You will be connected to an electrocardiogram (ECG) and blood pressure monitors. You'll lie flat on a motorized table equipped with a footrest and safety straps. After resting flat for about 15 minutes, the table will tilt to 30 degrees for two to three minutes, then to higher angles, simulating a standing position while your vital signs are monitored. 3/
Medication categories for dysautonomia: Treatment depends on the subtype and the underlying physiology of the autonomic dysfunction.
Here are the main groups:
1/
Some forms of dysautonomia are marked by low circulating blood volume or poor vascular tone. Increasing the volume of blood in the body improves venous return, cardiac output and blood supply to the brain.
Volume expansion treatments may include:
- Fludrocortisone to help retain sodium and water
- IV saline to increase blood volume during severe flare-ups
- Oral rehydration solutions to maintain daily volume
2/
Vasoconstrictors support blood pressure by tightening blood vessels, which prevents blood pooling in the legs.
These mediations include:
- Midodrine to boost peripheral vasoconstriction
- Droxidopa increases norepinephrine production which makes vessels more responsive.
- Desmopressin reduces fluid loss overnight for severe morning hypotension
3/
"The Queen of Chinatown" is a noir romance with a backdrop of Canadian money laundering - all wrapped into a three-minute song. Listen now at the link below!
Former Fed governor Adriana Kugler resigned from the central bank after preparing to submit financial disclosures for 2024 that Fed officials could not certify because they included several prohibited activities, including:
- buying and selling of individual stocks (not allowed)
- moving in and out of those stocks within weeks (not allowed)
- doing so in FOMC blackout periods (not allowed)
The Fed had already referred earlier violations to its inspector general.
For example, Kugler or her husband purchased stock in Cava Group on March 13, one week ahead of the Fed’s March 19-20 meeting. They sold the stock on April 5, purchased it again on April 23, and sold it on May 15.
Kugler declined to attend the Fed's July policy meeting. In the run-up to that meeting, Fed Chair Jay Powell denied her request for a waiver to the stock-trading rules, which could have allowed her to attend the meeting without knowing she was in violation of those rules. Kugler announced her resignation two days after the meeting.
I just gave birth for the fourth time, and I’ve got some things to share. Consider this a field report from someone who keeps doing this on purpose 🧵
Quick recap so you know where I’m coming from: attempted home birth that absolutely did not go as planned; then an epic 8lb 14oz home birth at a horse ranch; then an ectopic with emergency surgery, almost died; then two hospital births. I’ve sort of tried it all.
And after all that? I pregnancy and birth are kind of incredible. Not because one method is “right,” but because however it happens, the whole thing is wild and meaningful.