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- Financial statements provide interested parties with a company's overall financial condition and profitability1. The three core financial statements are:
- Balance Sheet: Provides an overview of a company's assets, liabilities, and equity2.
- Income Statement: Reports a company's revenue, expenses, and profit (or loss) over a period of time2.
- Cash Flow Statement: Shows the flow of cash in and out of a company2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Key Takeaways
- Financial statements provide interested parties with a company's overall financial condition and profitability.
www.investopedia.com/terms/f/financial-statements…Financial Statements
- Balance Sheet The balance sheet is a financial statement that provides an overview of a company's assets, liabilities, and equity.
www.financestrategists.com/wealth-management/fi…Understanding Financial Statements
- 1. How to Read a Balance Sheet
- 2. How to Read an Income Statement
- 3. How to Read a Cash Flow Statement
- 4. How to Read an Annual Report
online.hbs.edu/blog/post/how-to-read-financial-stat… - People also ask
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