Financial Statement Review
Autor: manuboy63 • April 27, 2015 • Essay • 253 Words (2 Pages) • 1,645 Views
University of Phoenix Material
Financial Statement Review
What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? 2014 net income is 208,042 vs. 2013 net income is 162,330. Net income is up from the prior year. This information is very important to invester because it shows the success from 2013 to 2014 the company went up 45,712 in 2014
What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information? 2014 ending balance for stockholders’ equity is 1,350,300. Labor union would be interested in SE because this particular statement companies are able to evaluate the cash available in a company. This knowledge labor union may persuade upper management to give employees raises.
What is the total value of assets? Why would this information be important to a potential creditor?
Total value of assets is 2,095,083. Creditor would like to know how much money a company has and how long they will continue to be in business so that they can get there money back.
What is the total cash flow from operation? 219,033
What financial statement user would find this information most important? Investor because is shows how much actual cash a company has generated.
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