Financial Statement 1

Financial Statement Analysis

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Axia College of University of Phoenix

Financial Statement 2

Financial statements are often t he life line of a company. These statements

show a company manager how viable the organization is and how profitable it has

been. If this financial statement is not interpreted right it could cause the reader to

make some serious mistakes when making the firm's financial decisions. Financial

statements provide an overview of the businesses financial conditions. There are

four basic types of financial statements. The first is the balance sheet which reports

a company's assets, liabilities and net equity for a certain period. An income

statement also known as profit and loss statement reports...