how do I do.number 1 FINANCIAL STATEMENT ANLAYSIS EXAM II 1. (20) One page singl
ID: 2785788 • Letter: H
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how do I do.number 1
FINANCIAL STATEMENT ANLAYSIS EXAM II 1. (20) One page single spaced required- Describe and explain the purpose of a Balanoe Sheet and 2. (20) One page single spaced required-Describe and explain the purpose of an Income 3. (20) One page single spaced required- Describe and explain the purpose of a Statement of Cash 4. (40) One page single spaced required on each of the following Explain the purpose and how a manager uses it in a business, provide examples. Statement and how a manager uses it in a business, provide examples Flows and how a manager uses it in a business, provide examples provide examples of the following: Liquidity Ratios Activity Ratios Leverage Ratios Profitability Ratios Please write complete sentences and organized paragraphs and provide in-text citations and references If you have any questions, please let me know.Explanation / Answer
Balance sheet is type of financial statement which provide information about what company owes and what its owns at specific period of time.
Information contains in Balance Sheet is mention below:
1. Total value of fixed assets available with company for future operation
2. Total value of current assets available with company for this year operation. Current assets include Account receivables, Inventory, Cash and cash equivalent, short term investment.
3. Value of long term debt and proportion total debt of total assets.
4. Value of current liabilities which includes, Note payable, Account payables.
5. Value of working capital which is calculated by current assets minus current liabilities.
6. Value of equity and retained earnings available for shareholders.
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