You may discuss homework questions (if assigned) here or touch on one or two of the topics below. Please post at least once in a meaningful manner before the next class to fulfil the asynchronous requirement for the week- try to also respond to peers in a timely manner to create a lively discussion.

1. Generally speaking, what is the purpose of the balance sheet? How can it help an investor? 2. Generally speaking, what is the purpose of the income statement? How can it help an investor? 3. Generally speaking, what is the purpose of the statement of retained earnings? How can it help an investor? 4. Generally speaking, what is the purpose of the statement of cash flows? How can it help an investor? 5. How might ratio analysis help an investor make better decisions?

Total 700 words

Please don't use AI and ChatGPT