Respond to financial reporting and analysis

Assignment Help Financial Accounting

Reference no: EM132454694 , Length: word count:400

Financial reporting and analysis.

Please respond the attached statement. 200 words and reference.

Statement 1: The earnings statement, also widely known as the income statement, is a financial statement created by companies which reflects their earnings, expenses and net income

Statement 2: A single-step income state is a simple and easy to read report of a business's profit. It utilizes a single equation to generate net income. A single-step presents revenue, expenses, and ultimately the profit or loss from the business.

Attachment:- Financial reporting and analysis.rar

Reference no: EM132454694

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