Define and explain balance sheet, income statement,  and statement of cash flows.

 

  • Define and explain balance sheet, income statement,  and statement of cash flows.
  • Describe how the statement of cash flows relates to  the income statement and balance sheet.
  • Explain why the analysis of a statement of cash flows  is important to investors.
  • Analyze and judge the cash flow from operating activities at ABC Company. Is ABC effective at utilizing funds within the company?
  • Analyze and explain the significance of each item from the investing section of the statement.
  • Analyze the cash flow from the financing section of the statement and describe why the dividends section is important to your client.