Now that you have posted your Company's financial statements, I want you to take a better look. I can not stress it enough... NOTES TO THE FINANCIAL STATEMENTS ARE SO SO IMPORTANT. The financial statements paint a picture and provide a snapshot of how a company is performing. But can we really tell how a company is performing by solely looking at the four financial statements? We have started to go into more detail in terms of specific accounts. We will continue with this process for the rest of the term, as well as in act2292. The notes to the financial statements tell us the specifics. They give us the detail of each account so we can understand what the numbers really mean. In terms of inventory, we need to know if a company uses LIFO or FIFO or another method. We can find this information out in the notes. We want to know what cash and cash equivalencies are....look in the notes. Required: I want you to look at the notes to your statements. I want you to post the notes you see that reference cash, inventory, and depreciation. PLEASE do not copy and paste this information. I want you to pick out the important information and post. This should be two or three sentences in your own words for each account that I have mentioned NOTE: You might find that your selected company does not have one of the above accounts referenced. That is okay. Unless told you that you had to change the company you selected, just write the account is not in my financial statements If I did not reach out to you about the company that you selected, you are good to proceed. I know that one or more of us selected a bank. You do not have to select a different company. Just read the note above. O R 3 4 5 6 7 8 9 O E R T Y U P D F G R J K N M 11:00PM backspace