financial statements will tell everything about the business.the financial statements that includ the balance sheet, the income statement and the cash flow statement

while going through the monthly financial statements of the store, yoy may required the following details,

Your first task is to see the To find out whether you made a profit, you maysee revenues (or sales) and expenses (cost of doing business). Expenses are divided into two categories. Cost of goods sold is the total cost of the goods being sold.Operating expenses are the costs of operating the business except for the costs of things being sold. The difference between sales and cost of goods sold is your gross profit (or gross margin). The difference between gross profit and operating expenses is net income (or profit), which is often called the “bottom line.”

you may also check the previous period financial statment for the comparision.You may compare and check

1. Reduce or increase your cost of goods sold .
2. Reduce or increasesome of your operating costs (salaries, advertising, table use).
3. Increase the quantity of units sold.

The Balance Sheet

while checking the balance sheet reports the following information you may check:

• The company’s assets: the resources from which it expects to gain some future benefit
• Its liabilities: the debts that it owes to outside individuals or organizations
• Its owner’s equity: the amount that has been invested by its owners and that owners can claim from its assets

for deciding that you store is sucessful or not you may decide the following things

positive profitabelity

reduction in cost

increse in profit comparision to the last year

there should decrease in bad debt

ratio analyses should be positive

incease in quantity of goods sold

By sum up of all this anaysis and Going through the monthly financial statements of the store, you will know the store had a successful month or it did not

roads were big business in the mid to late 1800s in the United States.

In the mid to late 1800s or in Beginning in the nineteenth century in the United States. Until the late 1800s the federal government encouraged the growth of big business. By the end of the century.A huge system of railroads was developed that to moved goods and people across great distances, facilitated the settlement of large portions of the country, created towns and cities, and unified a nation.

The earliest railways in the United States were short, wooden railways. The first locomotive for use on railways was imported from England in 1829. By 1840, railroad track in the United States had reached almost three thousand miles. There were Several other innovations helped foster the growth of railroads between 1840 and 1860. Between 1890 and 1900 another 40,000 miles of track were added to the railroad net; after 1900, still another 60,000 miles of line were built

railroads monopolies and other economic abuses of the railroads

Developing of railroads rapidly became huge businesses, imperative to the success of American enterprise. The main need of the railroads helped create several other many industries like steel, copper, glass, tools, and oil etc. The need for all of these industries to stay successful was worrisome for railroad owners. The result was a revolution in the organization and scale of enterprise: “Big business reached greater markets than were ever conceived of before and could benefit from the ability to raise vast amounts of capital that made possible the cost economies of large-scale production” With these huge amount of capital, the railroad companies were able to finance the political campaigns through whatever and whomever was needed in government. With this control in Washington, there was no way to stop the overwhelming control of this industry over society. So we can say that the entire nation was subject to the whims of this monopoly.

We can highlight economic abuses of the railroads as follow

the railroads acquired control of many facets of the new economy.

This body now had the ability to “squeeze out competitors, force down prices

paid for labor and raw materials

the railroads companies were charged customers more

they get special favors and treatments from National and State government” . The railroads had all the power, because they controlled all the prices.

as we all know that citizens of the west could not survive without the use of the railroads, they were forced to pay whatever rates the raildroad companies set.