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Essay Available:
Pages:
2 pages/β‰ˆ550 words
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Check Instructions
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
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Topic:

Summary Report: Financial Statements Analysis

Essay Instructions:

See attached Accounting Workbook for analysis. The workbook has tabs at the bottom to get to all sections that will need to be utilized for the analysis.
Please include at least 3 references to support the analysis of the financial statements.
Summary Report
After you have completed preparing all the financial statements, analyze the statements and write a short report summarizing your findings. Use the template provided in the What to Submit section to complete your report.
Summary: Write a summary of what the financial statements indicate about the company’s financial health and performance.
Purpose: What kind of information would these financial statements provide to various aspects of the business?
Analysis: What is the company’s cash position, its net income as a percentage of sales, and its current liabilities to current assets position?
If you have any questions please do not hesitate to contact me. I have also attached the template that is required for this paper.

Essay Sample Content Preview:

Summary Report: Financial Statements
[Your Name]
Introduction
A report on financial statements provides information on the productivity, operations, and cash flow of the company. They are vital to a company's stakeholders in helping them make knowledgeable decisions as well as track the performance of the company (Tracy & Tracy, 2014). Financial statements are also important in making estimations of the growth of the organization in a certain period of time (Ittelson, 2009). Moreover, financial statements help the organization to make adjustments to the operations of the company where there is a need. The statement of financial position gives the shareholders an overview of the assets, liabilities, and owners' equity in a specified period of time.
Financial Statement Analysis
Summary Report
The income statement of the company clearly shows that A Company with a net income of 32,124.07 is healthy financially. The balance sheet has balanced, and this means that the company does not have more debts than it owns. The cash flow of the company is healthy, which is important for future investors and other stakeholders.
Financial Health
In order to measure the financial health of an organization, a number of methods can be used. They include analyzing the financial situation of the organization, use of financial ratios, analyzing the profitability of the company using the income statement, among many other ways.
Balance Sheet
A balance sheet tells what a business owns, how much it owes, and how much investors have invested. Investors can use the information provided in a balance sheet to get a general outlook of the organization. This can be achieved by calculating ratios such as debt to equity ratio, capital working ratio, and quick ratio (Ittelson, 2009).
Debt to equity ratio= liabilities/ shareholder’s equity
=17630.00/52124.07
~ 33.82%
A debt-equity ratio of 33.82% means that A Company depends on shareholder's investment to motivate the growth of the company than it relies on debt. A high debt to equity ratio like th...
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