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.
Financial statements are written records of a business's financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They stand as one of the more essential components of business information, and as the principal method of communicating financial information about an entity to outside parties.