Back
17.2: Check Your Understanding
What does an income, or profit and loss, statement report? How does analyzing this statement help a business evaluate its performance?
Why is a cash flow statement important when applying for a loan?
What does the cash flow statement report?
What does the owner’s equity statement report?
What does the balance sheet report? How does the accounting equation apply to the information on the balance sheet?
Your Name
Your E-mail
Send yourself a copy
Your Instructor's E-mail
Additional Recipient's E-mail (optional)
Comments
I confirm my input is correct and am ready to submit