Q13. Financial data sources Where can users obtain financial information about entities? A13. Financial information about entities can be obtained from the following sources: (1)
Category: Financial Ratios
Q12. Statement of cash flows What are the items reported on the statement of cash flows of an entity? A12. Examples of items reported on
Q11. Income statement What are the items reported on the income statement of an entity? A11. Examples of items reported on the income statement include
Q10. Balance sheet What are the items reported on the balance sheet of an entity? A10. Examples of items reported on the balance sheet include
Q9. Information provided by financial statements Which information does each financial statement provide? A9. (1) Balance sheet a. Information about assets, liabilities and stockholders’ equity
Q8. Financial statements What are the financial statements prepared by an entity? A8. Financial statements include the following: (1) Balance sheet (2) Income statement (3)