The formula Income - Expenses = Money available to increase personal equity or net worth by saving or inve ting represents the formula for which personal financial statement? Personal Balance Sheet Personal Profit' Loss Statement Personal Statement of Cash Flows Personal Bank Account A corporate annual report is required for all companies whether they are privately owned or traded publicly. True False 25nte An important aspect of the corporate annual report is the Message to Shareholders. This message typically includes information on Comp Unit Growth and New Unit Growth. What is comp unit growth"? The yearly results generated from opening new units The operational results of the company compared to the results of its competitive self A comparison of performance for the company's existing hotels restaurants, or stores to their performance in previous years Areport on the competition growth in the industry