Purchase Solution

An Analysis of the Four Financial Statements

Not what you're looking for?

Ask Custom Question

This posting answers the question: how can I explain financial statements to someone who knows nothing about acounting in a 200 words or more that explains the four financial statements with different commponents of the statements as well as what the statements tell about a business?

Purchase this Solution

Solution Summary

This file contains a formatted MS Word file containing a study on the four financial statements.

Solution Preview

Four your convenience, I have attached a formatted MS Word file to this post containing the text below. I have also attached a reference source which may prove helpful towards increasing your understanding of the subject matter.

The Four Principle Financial Statements

Financial statements, otherwise known as financial reports are formal records of a business' financial condition and activities. These statements provide investors and lenders with a reliable basis for evaluating the past performance and future prospects of a company. There are four basic financial statements:

1.Balance sheet: the financial statement that presents a ...

Purchase this Solution


Free BrainMass Quizzes
Basic UNIX commands

Use this quiz to check your knowledge of a few common UNIX commands. The quiz covers some of the most essential UNIX commands and their basic usage. If you can pass this quiz then you are clearly on your way to becoming an effective UNIX command line user.

Basic Networking Questions

This quiz consists of some basic networking questions.

C++ Operators

This quiz tests a student's knowledge about C++ operators.

Java loops

This quiz checks your knowledge of for and while loops in Java. For and while loops are essential building blocks for all Java programs. Having a solid understanding of these constructs is critical for success in programming Java.

Word 2010: Tables

Have you never worked with Tables in Word 2010? Maybe it has been a while since you have used a Table in Word and you need to brush up on your skills. Several keywords and popular options are discussed as you go through this quiz.