负债情况

COMPOSITE CORPORATION Balance Sheet 20X1- 20X2 (in $ millions) Assets Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 Liabilities and Stockholder's Equity Current Liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities 20X2 20X1 Fixed assets: Property, plant, and equipment $1,423 $1,274 -550 -460 Less accumulated depreciation Net property, plant, and equipment 873 814 Intangible assets and other 245 221 Total fixed assets $1,118 $1,035 $213 $197 The assets are listed in order 50 53 by the length of time it223 205 normally would take a$486 $455 firm Long-term liabilities: with ongoing operations to $104 Deferred taxes $117 Long-term debt 458 convert them into cash.471 $562 Total long-term liabilities $588 Stockholder's equity: Preferred stock $39 $39 Common stock ($1 per value) 55 32 Capital surplus 347 327 Accumulated retained earnings 390 347 Less treasury stock -26 -20 Total equity $805 $725 Total liabilities and stockholder's equity $1,879 $1,742 Clearly, cash is much more liquid than property, plant and equipment.

Total assets $1，879 $1，742 美国联合公司的资产负债表美国联合公司资产负债表 20X2 和20X1 (单位：百万单位：单位百万)资产流动资产：现金及现金等价物应收帐款存货其它流动资产合计固定资产：财产，厂房和设备减：累计折旧财产，厂房及设备净值无形资产及其它资产固定资产合计 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 债务负债债务和股东权益债务流动负债： 20X2 20X1 资产排列的顺序是根据在通$213 $197 应付帐款 50 53 应付票据常情况下企业持续经营将资205 223 应计费用$486 $455 流动负债合计产转化为现金所需要的时间长期负债：长度。长度。显然，现金比财产，厂房，显然，现金比财产，厂房，设备等的流动性要强得多。设备等的流动性要强得多。

Furthermore, the ability is the strongest when the default is equal to the current liabilities.

此外，在违约点等于流动负债情况时，KMV模型对上市公司信用风险具有最强的识别能力。

5 The status of Company's assets and debts at the end of each financial year.

5每个财政年度结束时，公司的资产和负债情况。

Report project financial figures, including cash flow, balance sheet, profit and loss, implementing status of budget

汇报项目财务状况，包括现金流动情况、资产负债情况、损益情况等、预算执行情况等。

Michael: You can start by checking a company's assets and liabilities.

迈克尔：你可以从查看一个公司的资产和负债情况开始。

Research on asset liability management is summed up from domestic and overseas banks asset liability management, insurance and pension plan, long-term financial planning issues and multistage financial asset allocation in this paper. Application of scenario generation and stochastic programming in multistage asset liability management is also discussed.

在我国的经济背景下，考虑未来的不确定性，对我国养老金资产负债管理、银行资产负债管理、投资基金的资产配置及个人财务计划问题进行了研究，即(1)在资产负债管理随机规划模型的基础上，根据国内实际情况，改进了模型的约束条件，建立了适合国内情况的资产负债管理模型。

By expanding the L-B model and integrating the impulsions into the model, we can conclude the different influeces to corporation value and debts level come from different impulsions:1 The change of demand——If the demand increases temperately, the corporation value also increases and the firm will increase its debts level, vice versa.2 The change of technology——New technology reduces products\' cost and improves the corporation value, the firm will increase debts level. 3 The unsymmetrical change of the firm\'s decision——The leader\'s corporation value increases and will increase its debts level, the follower is contrary.

对L—B模型进行扩展，将随机冲击的影响纳入模型，可以导出随机冲击对企业整体价值、负债水平产生的不同的影响：1市场需求变化——当市场需求温和上升时，企业整体价值上升，企业有增加负债的动力；温和下降时情况相反。2技术更替——技术更替降低了产品成本，提高了企业的整体价值，企业有增加负债的动力。3非对称的市场决策变化——领导企业的整体价值上升，有增加负债的动力；跟随企业则相反。

Under these testing conditions ,we remain defensively positioned,with a focus on large liquid companies with strong balance sheets,credible management with a strong track record,as well as a good time to start bargain hunting for quality companies.

在这种情况下，我们还是会保持防守策略，重点关注流动性良好，资产负债情况良好、管理完善并记录良好和盈利可见度较高的大企业。

Any and all payments by the Guarantor hereunder will be made free and clear of and without deduction for any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, excluding income or franchise taxes imposed on AAA's net income by the jurisdiction under the laws of which AAA is organized or any political subdivision thereof or by the jurisdiction of AAA's lending office or any political subdivision thereof.

任何和所有款项由担保人下文将自由和明确的和不扣除任何和所有现在或将来的税收，征税， imposts ，扣除费用，或扣，和所有方面的负债情况，但不包括特许经营收入或征收对AAA级的净收入的管辖权的法律，其中AAA级的组织或任何政治分支机构或管辖范围内的AAA级的贷款办公室或任何政治分支机构。

The matters shall be indicated in the aforesaid announcement include the date when the people's court accepts the application for bankruptcy, the name of the enterprise, the capital and proverty status of the enterprise, the reasons and legal basis of the bankruptcy, the term, address and points of attention in the declaration of the creditor's right and nams of the members of bankruptcy organization as well as the address where it undertakes its business.

公告中应当载明确宣告企业破产的日期、破产企业的名称、破产企业的资产情况、基本负债情况、宣告债务人破产的理由和法律根据、告知债权人申请债权的期限、地点和逾期未报债权的法律后果、破产清算组成员的姓名、住所及地点等。

In the United States, chronic alcoholism and hepatitis C are the most common ones.

在美国，慢性酒精中毒，肝炎是最常见的。

If you have any questions, you can contact me anytime.

如果有任何问题，你可以随时联系我。