Accounting Help

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financial_statement_review.doc

Title

ABC/123 Version X

1

Financial Statement Review

ACC/561 Version 5

1

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?

What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information?

What is the total value of assets? Why would this information be important to a potential creditor?

What is the total cash flow from operation?

What financial statement user would find this information most important?

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