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Financial Statements offer a wealth of information...




Financial Statements offer a wealth of information about the assets, liabilities, and, with the income and expenses of a firm... Business uses 'ratios' as a key measure of 'how/what' is transpiring with regard to the movement of the items within a financial statement... offer one ratio... And, tell 'what' the ratio tells senior management or investors of the firm, and, 'why' this ratio might be improved (meaning 'which way'...up or down is a 'better' direction for the ratio)...


Paper#5324 | Written in 18-Jul-2015

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