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The dismal science is a derogatory term for the discipline of economics. [1] Thomas Carlyle used the phrase in his 1849 essay " Occasional Discourse on the Negro Question " in contrast with the then-familiar phrase "gay science" used to refer to the art of troubadours .
"Occasional Discourse on the Negro Question" is an essay by the Scottish essayist Thomas Carlyle. It was first published anonymously in Fraser's Magazine for Town and Country of London in December 1849, [1] and was revised and reprinted in 1853 as a pamphlet entitled "Occasional Discourse on the Nigger Question". [2]
results of operations and financial condition, creating certain financial obligations, such as incurrence of material debt; triggering events that accelerate material obligations (such as defaults on a loan) costs associated with exit or disposal plans (layoffs, shutting down a plant, or material change in services or outlets) material impairments
In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. [1]
The right financial advisor can help you with budgeting, taxes, savings and investments. Be aware that financial advisors collect a percentage of your assets under management or charge a fee. Next ...
At the end of the year, Carlyle reported to Karl August Varnhagen von Ense that his earlier efforts to popularise German literature were beginning to produce results, and expressed his satisfaction: "Deutschland will reclaim her great Colony; we shall become more Deutsch, that is to say more English, at same time."
Financial distress is a term in corporate finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. If financial distress cannot be relieved, it can lead to bankruptcy. Financial distress is usually associated with some costs to the company; these are known as costs of financial distress.
Changes in financial position include cash outflows, such as capital expenditures, and cash inflows, such as revenue. It may also include certain non-cash changes, such as depreciation. The use of this statement is to provide relevant and focused on a period, so that users of financial statements with sufficient information to: