|Book Edition||6th Edition|
|Publisher||Cambridge Publishing , Inc.|
A financial statement contains the cash flow statement, the income statement and the balance sheet of the business. All the three produce the healtha nd performance of the firm.
Four basic activities firm engage in are-
Financial statements which include income statement, balance sheet and cash flow statement-
Financial statements can help to plan the activities, help to invest in the right activities and also how to get the financing done.