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balance sheet
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∙ 12y ago
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What financial statement would you analyze to determine if a company distributed any of its profits to its shareholders?
What financial statement would you analyze to determine if a company distributed any of its profits to its shareholders?
What reflects the financial position of a company at any given time?
The 'financial statement' reflects the financial position of a company at any given time.
What is the difference between balance sheet and financial statement if there is any........?
Balance Sheet: Balance sheet is the financial picture of an organization on a given day. while financial statement is a broader term and it can be for a very long time. financial statment is a formal record of business financial activities. it can be a day. month a year or so on. while balance sheet is just a part of a financial statement. in short balance sheet is also a finanaical statement. but finanacial statement can not be balance sheet..
In general terms what does a set of financial statement describe?
Financial Statements could be of a individual or a company/business.Personal Financial statement would give all the personal financial information of the individual, for ex. his years income, sources of his income, his expenses, things he spent on, etc.A company's or business's financial statement would give you the complete idea of the company including the income of the company, the expenses, the amount of money spent on labor, gross profit of the company, net profit, etc.Financial Statements are something that are used by any company requires to check your credit, for ex. you going to buy a car/house, etc.
Why is a common size statement useful tool in financial performance evaluation?
In common size financial statment, current performance of company as a whole or any part of company is evaluated with performance in past in comparitive form so it helps the managment to find out how has company performed in different time periods so that if there is any improvement requires proper decisions can be made about it.
Why is an income statement prepared for a 1 year period?
It is not necessary to create income statement for one year but even then one year is considered reasonable time period for any type of company to find out profit and loss and for which financial statements can be prepared.
What is a financial statement?
it is combined statement of parent company and subsidary company
Why the investor need financial statement?
Investors are the people who are interested to invest their money in any company so they reruires the financial statements to assess that which company is potentially capable to provide them higher return and does company has the potentiall to return back their invested money.
What is unqualified audited financial statement?
Unqualified audited financial statement is set of financial statements which are audited by external financial auditors and found "True and fair view" of financial statements and clear from any fraud etc.
Is there any sample company profile?
Yes, you can find sample company profiles online on websites like Bplans, LivePlan, or Entrepreneur. These sample profiles typically include sections on company background, products/services, target market, financial information, and mission statement. You can use these samples as a guide to create your own company profile.
Why is the Statement of Cash Flows needed when most of the information in it is available from a firms comparative Balance Sheets and Income Statement?
Cash flow statment is required to find out how much cash inflow and outflow is from operating, financing and investing activities company has earned and this information is not provided by any other financial statment.
Where can financial analysis for RYL be found?
RYL is the stock trading name of the company Ryland Group, which is a homebuilding and mortgage company. It is possible to find a financial analysis of this company on any current stock reporting website, the New York Stock Exchange site and other financial reporting pages.
