Chapter_1 - Links Income Statement and Balance Sheet...

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Financial Statements and Business Decisions Chapter 1
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Financial Statements Four Major Statements External Users Profit-oriented Organizations Not-for-profit Organizations
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Financial Statements GAAP Role National versus International Reasons Sources Future Currency
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Balance Sheet Assets Liabilities Owners’ Equity
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Income Statement Revenue Expense Net Income
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Statement of Retained Earnings
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Unformatted text preview: Links Income Statement and Balance Sheet Concept of Retained Earnings Cash Flow Statement Revenues versus Cash Received Expenses versus Cash Paid Direct versus Indirect Method Price-Earnings Ratio P-E Ratio = Market Value / Net Income Valuation of Public Companies Valuation of Private Companies...
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This note was uploaded on 04/02/2010 for the course AFM AFM 101 taught by Professor Kennedy during the Fall '09 term at Waterloo.

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Chapter_1 - Links Income Statement and Balance Sheet...

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