This discussion board post asks students to explain in 3 replies: 1) The purpose of key financial statements including the income statement, balance sheet, statement of changes in net worth, and statement of cash flows. 2) The role of financial ratios in financial management. 3) The role and use of trend analysis.

1. Discussion Board #4
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50 unread replies.
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50 replies.
Discussion Board #4: Reporting and Measuring Financial
Performance
1.Explain the purpose of income statements, balance
sheets, statement of changes in net worth and the statement of
cash flows
2. Explain the role of financial ratios in financial management.
3. Describe the role of and use trend analysis.