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According to Peter Singer,helping people in famine ridden countries and areas is a matter of charity not obligation or duty.
Income Statement
A financial document that presents a company's revenues, expenses, and profit over a specific period, typically a quarter or year.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the balance of income and expenditure over the preceding period.
Period Of Time
A specific duration marked by a start and end date or time.
Income Statement
A financial statement that shows a company's revenues, expenses, and profit or loss over a specific period of time.
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