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.
Bronchiolitis is an infection that causes the small breathing tubes of the lungs (bronchioles) to swell. This blocks airflow through the lungs, making it hard to breathe. It occurs most often in infants because their airways are smaller and more easily blocked than in older children.