Question
Match the concepts with the phrase that describes them. - Financial Statements - The Balance Sheet -
Match the concepts with the phrase that describes them. \ \ \ -\ Financial Statements\ \ \ \ -\ The Balance Sheet\ \ \ -\ The Income Statement\ \ \ -\ The Statement of Cash Flow\ \ \ -\ Time Series Analysis\ \ \ -\ Cross sectional analysis\ \ A. \ provides a summary of a companys revenues, expenses, and profits/losses over a period of time.\ \ B. \ It is used to determine how much cash the firm has generated and how that cash has been allocated during a set period\ \ C. \ reports the company situation with respect to the companys assets, liabilities and shareholders equity\ \ \ \ D. \ Are accounting written reports issued periodically to present business activities and past performance of a company\ \ E. \ Compare the firm to other similar firms using a common set of financial ratios\ \ F. \ Compare the firm with itself by analyzing how the firm has changed over time
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