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.
Bronchiectasis (say brawn-kee-ECK-tuh-sus) is a lung problem in which the breathing tubes (airways) in the lungs are stretched and become larger. It starts when your airways are damaged. The damage may be caused by another health problem-usually cystic fibrosis-or a lung infection such as pneumonia or tuberculosis.Other causes include whooping cough and autoimmune problems, such as AIDS. Bronchiectasis can also be congenital, which means you were born with it.he damage may be caused by another health problem-usually cystic fibrosis-or a lung infection such as pneumonia or tuberculosis. Other causes include whooping cough and autoimmune problems, such as AIDS. Bronchiectasis can also be congenital, which means you were born with it.