insolvent

Yes

profitable

insolvent

liquidity

Liquidity

insolvent

Solvent

insolvent
   
 not in a position to pay back its liabilities  as assets 
are short of liabilities .

liquidity problem

because it is not able to pay their liabilities because of shortage of funds or liquid assets.

penny stocks are stocks, that traded at vrry low prices, 
but subject to extremely high risk.

A stock that trades at a relatively low price and market 
capitalization, usually outside of the major market 
exchanges. These types of stocks are generally considered 
to be highly speculative and high risk because of their 
lack of liquidity, large bid-ask spreads, small 
capitalization and limited following and disclosure. They 
will often trade over the counter through the OTCBB and 
pink sheets.

In the U.S. financial markets, the term penny stock 
commonly refers to any stock trading outside one of the 
major exchanges (NYSE, NASDAQ, or AMEX), and is often 
considered pejorative. However, the official SEC definition
[1] of a penny stock is a low-priced, speculative security 
of a very small company, regardless of market 
capitalization or whether it trades on a securitized 
exchange (like NYSE or NASDAQ) or an "over the counter" 
listing service, such as the OTCBB or Pink Sheets. The 
terms penny stock, microcap stock, small caps, and nano 
caps are sometimes all used interchangeably, however per 
the SEC definition, penny stock status is determined by 
share price, not market capitalization or listing service.

In the UK markets, a penny stock, or penny shares, as they 
are more commonly called, generally refer to a stock and 
shares in small cap companies, defined as being companies 
with a market capitalization of less than £100 million 
and/or a share price of less than £1 with a bid/offer 
spread greater than 10%. In the UK Penny Shares are covered 
by a standard regulatory risk warning issued by the 
Financial Services Authority(FSA).

cost is the amount of the expenditure. In cost accounting 
we can find cost of goods and services. 

financial accouts shows the profit and loss and balance 
sheet made during an accounting period, and also financial 
position of the business as on a particular date.

cost accouting provides the management detailed information 
regarding cost of each product, services etc.

FINANCIAL ACCOUNTING	

Financial accounting is concerned with preparation of 
financial statements for decision makers, such as 
stockholders, suppliers, banks, government agencies, 
owners, and other stakeholders.	

Financial accounting is one branch of accounting and 
historically has involved processes by which financial 
information about a business is recorded, classified, 
summarised, interpreted, and communicated; for public 
companies, this information is generally publicly-
accessible. By contrast management accounting information 
is used within an organisation and is usually confidential 
and accessible only to a small group, mostly decision-
makers. Tax Accounting is the accounting needed to comply 
with jurisdictional tax regulations
It is used for the external users such as the investors, 
shareholders etc.

Financial accouts shows the profit and loss and balance 
sheet made during an accounting period, and also financial 
position of the business as on a particular date.


COST ACCOUNTING

Cost accounting on the other hand is the process of 
tracking, recording and analyzing costs associated with the 
products or activities of an organization. Usually used in 
manufacturing, service and companies where the focus is in 
costs...

Costs are measured in units of nominal currency by 
convention. Cost accounting can be viewed as translating 
the Supply Chain (the series of events in the production 
process that, in concert, result in a product) into 
financial values.

It is used for the internal use for the estimation of the 
cost of a product or project.
Cost is the amount of the expenditure. In cost accounting 
we can find cost of goods and services. cost accouting 
provides the management detailed information regarding cost 
of each product, services etc.