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What is the most important information contained in a financial statement?
Wiki User
∙ 13y ago
The balance sheet shows the financial position at a point in time, showing the assets (debit) and the funding of the assets (credit).
The income statementThe income statement shows revenues and expenses over some period of time (usually a quarter or year). It shows how profitable the company is.
The cash flow statementThe cash flow statement shows the change in cash over the period. It shows the change in cash for three activities: operating, investing and financing activities. The cash flow statement is used to assess cash management.
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Wiki User
∙ 13y ago
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What financial statement is most important?
cash flow statement
What is a disclosure note in accounting?
Disclosures notes are part of accounting financial statements as in disclosure notes important information related to amounts or information in financial statement is provided to further clarify any information previously given or any other related information.
What financial statement is most likely to provide information about a company's ability to repay debt?
Statement of financial position (Balance sheet)
What are the important factors in the financial statement of a shoe manufacturer?
the most important factor in financial statemant if a shoe manufacturer is the retailer
What is the most common and important financial statements?
Following are the most common and important financial statements: 1 - Income statement 2 - Balance sheet 3 - Cash flow statement
Can you consider notes to financial statement to be a financial statement?
Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.
What financial statement is most important?
cash flow statement
Importance of cash flow statements?
Cash flow satement is an important financial statement as it tells about the cash inflows and outflows from different business activities and this information is not available in any other financial statement.
What information is contained in a balance sheet that is not in an income statement?
costs
What is the important of financial account?
it helps one to know his financial statement
What is a disclosure note in accounting?
Disclosures notes are part of accounting financial statements as in disclosure notes important information related to amounts or information in financial statement is provided to further clarify any information previously given or any other related information.
What financial statement is most likely to provide information about a company ability to repay debt?
Statement of financial position (Balance sheet)
What financial statement is most likely to provide information about a company's ability to repay debt?
Statement of financial position (Balance sheet)
Personal Financial Statement - Married?
Get StartedThe Personal Financial Statement can be used to organize information about the assets and liabilities of you and your spouse, and also to present information about your income and expenses. This statement can be useful if you are applying for credit and can either be used to present information to your lender or as an attachment to your credit application itself. Sometimes a financial statement is needed in working with a financial planner. You might also use it when preparing college financial aid documents for a child.
Personal Financial Statement for Single People?
Get StartedThe Personal Financial Statement can be used to organize information about your assets and liabilities, and also to present information about your income and expenses. This statement can be useful if you are applying for credit and can either be used to present information to your lender or as an attachment to your credit application itself. Sometimes a financial statement is needed in working with a financial planner. You might also use it when preparing college financial aid documents for a child.
What are the important factors in the financial statement of a shoe manufacturer?
the most important factor in financial statemant if a shoe manufacturer is the retailer
What is the most common and important financial statements?
Following are the most common and important financial statements: 1 - Income statement 2 - Balance sheet 3 - Cash flow statement
