company financial statements

What is the Purpose of Company Financial Statements Analysis?

July 1, 2011

Purpose of Financial Statements The purpose of financial statements are to provide pertinent information on the financial position (Balance Sheet), profitability (Income Statement) and the operating, investing, and financing activities (Cash Flow Statement) of a company. Financial statements are used by shareholders, executives, employees, investors, potential lenders such as banks or vendors, and any other [...]

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