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balance sheet

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Q: Which of these explains the financial position of a company at a specific point in time?
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What financial statement lists a company's assets liabilities and owner's equity as of a specific date is called?

A Balance Sheet, also sometimes referred to as a Statement of Financial Position.


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.


How would you analyze financial position of Company from point of view of an 1Investor. 2 Creditor and3 Financial executive of the company?

How would you analyse the financial position of a company from the point of view of an: (i) Investor (ii) A creditor, (iii) A share holder


What financial statement summarizes the financial position of a company?

Yes, the balance sheet represents a company financial position at a specific period of time. The balance sheet; however, is more useful when (a) there are multiple years of information and (b) analyzed in tandem with the other financial statements [Income and Cash Flow statements].


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..


How do you measure company performance?

You can measure a company's performance by assessing their financial position. There are many financial ratios that can be used to see if a company is performing.


What reports a company's financial position?

It's the Balance Sheet.


What is the basic purpose of funds flow statement?

Financial position of the company


what is ratio analysis?

it refers to the assessment of financial statements of a company to make decisions regarding performance and financial position. it covers various areas of a company, like profitability, liquidity, solvency, and market value.


What are financial forecasts and financial projections?

Financial forecasts and financial projections are estimated future financial statements of the company that presents its expected financial position. Financial forecasts assume that the company will continue to function in the same manner as it is currently functioning and in financial projections there are few hypothetical assumptions about a company's future course of action.


What is a accrual date?

An accrual date is the date on which a financial position is recognised. E.g. if an invoice from a supplier is not yet recieved but the position needs to be reflected in the result of the company an accrual can be accounted for that amount to a specific period, mostly at the end of a month of a year.


What is the role of a chief financial officer?

The chief financial officer is an officer of a company in corporate leadership that is responsible for managing the cash flow and financial reports of a company. This position usually works closely with the CEO.