WK 1 DQ 1 - Please post a response between 200 300 words to...

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Please post a response between 200 - 300 words to the following discussion question by clicking on Reply. Visit the website of your favorite U.S. Company. Find the company’s financial statements in the section of the website for investors. Post a link to the statements. What did you find interesting about each of the four financial statements, which include balance sheets, income statements, statements of cash flows, and statements of owners’ equity? How could the information in those statements be useful to an investor and to a manager? Then tell me which one of the four financial statements is your favorite and why? Verizon financial statements: http://www22.verizon.com/idc/groups/public/documents/adacct/annual_2010.pdf Balance sheet Reports financial state of a business. Total equity for Verizon for 2010 was $87 million which was an increase from $84 million in the prior year. The income statement Displays the profits and losses of a business. This statement includes revenues, expense and cost
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