SI Units of Force

SI Units in Physics

• The SI unit of force is the Newton (N), defined as the force required to accelerate a mass of one kilogram at a rate of one meter per second squared.
• The SI unit of energy is the Joule (J), which is the amount of work done when a force of one Newton is applied over a distance of one meter.
• The SI unit of power is the Watt (W), equivalent to one Joule per second, indicating the rate of energy transfer or conversion.

Corporate Characteristics

• A corporation is a legal entity separate from its owners, allowing it to own assets, incur liabilities, and engage in business activities.
• Corporations have limited liability, meaning shareholders are generally not personally responsible for the debts of the corporation.

Financial Statements

• The purpose of a balance sheet is to provide a snapshot of a company's financial position at a specific point in time, detailing assets, liabilities, and equity.
• The main function of an income statement is to summarize a company’s revenues and expenses over a specific period, showing the net profit or loss.