When those tendons are worn, torn, inflamed, or entirely ruptured, it hurts. The rotator cuff muscles act as tendons to hold the shoulder mechanism together with the arm. There are four of them, also known as the âSITSâ muscles: supraspinatus, infraspinatus, teres minor, serratus anterior.
The notes to the financial statements also must disclose claims by creditors against the assets of the company. The note shows how the company is financing present and future costs. It also gives the user of the financial statements a look at future cash flows, which can affect the payment of dividends.
Statement of Financial Position, also known as the Balance Sheet, presents the financial position of an entity at a given date. It is comprised of three main components: Assets, liabilities and equity.