WORKING CAPITAL REQUIREMENTS.

WORKING CAPITAL REQUIREMENTS.

The working capital cycle of a company generally includes the following three operations: These three operations linked to the working capital cycle highlight the need for the company to secure financing not only for fixed asset investments but also for the working capital cycle, referred to as the working capital requirements (WCR). If one wishes […]

FINANCING THROUGH THIRD-PARTY FUNDS.

FINANCING THROUGH THIRD-PARTY FUNDS.

Debt financing is a secondary source of funding that companies frequently utilize. Debts are categorized into long-term and short-term based on their duration. Long-Term Debt Financing In the “borrowed funds” section of the liabilities side of the balance sheet, all debts with a contractual term exceeding one year are recorded. These debts are typically loans […]

BEING A PARENT IS A GRACE.

BEING A PARENT IS A GRACE.

Regardless of origin, the circumstances of sexual intercourse, professional activity, or socio-professional category, many people are granted the grace of becoming parents. To those who wonder if the existence of sterility and infertility are selective factors, I would simply say that these do not come from God, as He was clear in Genesis and declared […]

BRIGHT STAR AND NOT A SHOOTING STAR.

BRIGHT STAR AND NOT A SHOOTING STAR.

We will see later that man is a spirit who possesses a soul and lives in a body. It is this physical body that gives us the identification of being human among all the other creatures that exist in the universe. But for God, our identity goes far beyond our human nature. Every person has […]

Love Keeps Faith, Hope And Patience In All Circumstances.

Love Keeps Faith, Hope And Patience In All Circumstances.

Love does not rejoice in evil: We regularly hear some parents rejoice in the misfortune of their children: “that will teach you to listen to me; I told you so; go cry far away; you are too stubborn; when someone speaks to you, you do not listen…”. When a child makes a mistake; he becomes […]

THE DELICACESS OF THE LITTLE CHILD .

THE DELICACESS OF THE LITTLE CHILD .

“Jacob answered him: My lord knows that children are delicate, and that I have sheep and suckling cows; if they were forced to walk in one day, the whole herd would perish.” Genesis 33 v13: This is the meeting of Jacob with his brother Esau, and after their reconciliation, Esau asks Jacob to take the […]

Don’t Let the World Pollute Your Thoughts .

Don’t Let the World Pollute Your Thoughts .

God created man and woman. He created a male human being and a female human being with a specific role. But over time, the devil has perverted the thoughts of human beings by making them doubt who they are. They say that man came from nature and that nature could have made a mistake by […]

WHAT DO YOU SEE?

WHAT DO YOU SEE?

“And the LORD said unto Abram, after that Lot was separated from him, Lift up thine eyes, and look from the place where thou art northward, and southward, and eastward, and westward: for all the land which thou seest will I give to thee, and to thy seed for ever.” Genesis 13:14-15 “Look now toward […]

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