Discuss primary financial statements

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Reference no: EM1379119

Discuss primary financial statements published by a corporation, the various classifications used in a balance sheet, the relationships among different financial statements, and how the numbers from the different financial statements are analyzed together to evaluate the financial position and performance of a company.

In order to keep our discussion organized, we will go according to the following plan:

1. Balance Sheet [We will begin with this statement]

2. Income Statement [We will begin this discussion on Wednesday morning]

3. Statement of Retained Earnings [We will begin this discussion on Thursday night]

4. Statement of Cash Flows [We will begin this discussion on Friday night]

5. Earnings Per Share, Current Ratio, and Debt to Total Assets [We will begin this discussion on Saturday night]

What is the purpose of a Balance Sheet? What information does it provide?

Reference no: EM1379119

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