One factor that influenced the failure of the United States in Vietnam was lack of public support. However, the notion that the war initially was prosecuted by the government against the wishes of the American people is false.
September 29, 2012/. The general purpose of the financial statements is to provide information about the results of operations, financial position, and cash flows of an organization. This information is used by the readers of financial statements to make decisions regarding the allocation of resources.
Purpose of the Income Statement. The purpose of the income statement is to provide the financial earnings performance of the entity over a specific period of time. It is also referred to as a profit and loss statement or earnings statement.ncome Statement Format and Components. The Income Statement shows the revenues, expenses, and profits (or losses) of an entity over a specified period of time. In other words, it is a description of the entities profitability over a period of time (usually quarterly or annually).