Unformatted text preview: 4. Revenues 5. Expenses • Elements of the Classified Balance Sheet Assets = Liabilities + Shareholders’ Equity GAAPs related to recording Balance Sheet items • Financial Statement Analysis – Ratio Analysis 1. Profitability 2. Liquidity 3. Solvency • Exercises: E2-2, P2-7A Net income...
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- Spring '11
- Balance Sheet, Generally Accepted Accounting Principles, balance sheet items, Economic entity, Framework – Recognizing