Week One

Assignment Content

1.

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Resource: Overview of Financial Statements Grading Guide

Purpose of Assignment 

The purpose of this assignment is for students to utilize critical thinking skills to understand the information contained within a company's financial statements and how they articulate with each other. 

Assignment Steps 

Develop a 700-word evaluation on the Overview of Financial Statements using the following as guides: 

· Locate a financial statement (income, balance, statement of cash flow) for a company similar to one you wish to create. 

· Identify the salient information contained in the financial statements (income statement, balance sheet, statement of cash flow).

· Identify the company's net income (income statement), total assets (balance sheet), and total net cash flow (statement of cash flow).

· Explain how financial statements (income, balance, statement of cash flow) are connected to each other.

· Examine the importance and the relevance of financial statements for the entrepreneur. 

Cite a minimum of one peer reviewed reference from the University Library. 

Format the assignment consistent with APA guidelines. 

Submit your assignment.

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