Four different financial statements
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Select a company's financial statements available on the Internet, post the link to the statements, and assume the role of a specific type of reader (investor, potential creditor, management, etc). Describe the components of the different financial statements based on this perspective and explain which of the four different financial statements helped you the most and why.
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Select a company's financial statements available on the Internet, post the link to the statements, and assume the role of a specific type of reader (investor, potential creditor, management, etc). Describe the components of the different financial statements based on this perspective and explain which of the four different financial statements helped you the most and why.
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I will assume the role of a creditor. Even though the components in all three statements are extremely important to me in order to evaluate the financial position and credit worthiness of the organization, I will assign more importance to cash flow statements because it helps me in evaluating the ability of the company to generate cash for meeting its short and longer term expenses and liabilities of the organization. If the cash flow is ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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