13- Balance Sheets - prevent you from yielding too much...

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Jordan Kovalsky Assignment 13- Revenue Statements 1. What is the main idea behind… a. Income statement- What money will you make by selling your product/service and will that make up for you costs. b. Balance sheet- Shows how much you will be bringing in and spending and whether the venture will be successful in the end. If it is not, than you can put an end to it there. c. Cash flow analysis- Shows when and how much financing you need. Will
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Unformatted text preview: prevent you from yielding too much equity and or debt. 2. What is ration analysis? a. Needed for individuals to conduct a quantitative analysis of information in a company’s income statement, balance sheet, and cash flow analysis. Used to compare new numbers to previous years numbers, other companies numbers, and the industries numbers in order to see where it stands....
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