The balance sheet is essentially a picture a companyâs recourses, debts, and ownership on a given day. This is why the balance sheet is sometimes considered less reliable or less telling of a companyâs current financial performance than a profit and loss statement. Annual income statements look at performance over the course of 12 months, where as, the statement of financial position only focuses on the financial position of one day.
Bronchitis: Introduction. Bronchitis is a general term for two diseases that cause swelling and irritation (inflammation) of the lower airways of the lungs called the bronchi and the bronchioles. Types of bronchitis include chronic bronchitis and acute bronchitis.ronchitis: Introduction. Bronchitis is a general term for two diseases that cause swelling and irritation (inflammation) of the lower airways of the lungs called the bronchi and the bronchioles. Types of bronchitis include chronic bronchitis and acute bronchitis.
Chronic bronchitis is a chronic obstructive pulmonary disease (COPD). Mucus production increases in the bronchial tubes due to ongoing issues of irritation and inflammation. Breathing becomes difficult and the hacking coughing becomes chronic. The most common cause of chronic bronchitis is smoking tobacco.Viruses and bacteria can also play a role, because the afflicted bronchial tubes are vulnerable to picking up secondary infection. Pneumonia is an example of a secondary bacterial infection that can pile upon chronic bronchitis.ncreased mucus production that begins to form in the lining of the bronchial tubes is the bodyâs attempt to reduce the irritation and inflammation that has been building in the bronchial tubes. Bronchitis can occur in either an acute or a chronic form.