For this assignment, you will examine the financial statements found on the atta

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Jul 30, 2022

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For this assignment, you will examine the financial statements found on the atta

by | Jul 30, 2022 | Recent Orders

For this assignment, you will examine the financial statements found on the attached pages 472-475. We will use the Income Statement Sheet for this exercise. Looking at the statements from a managerial point of view, I want you to decide the five (5) most important numbers, areas, etc. that you would initially look at for each statement. While doing so, comment on each one you have chosen and explain why you have singled them out as key indicators to you. Here are a few considerations to help you make your decision:
Which statement would you go to first? Why this one? Would you do this if you were the manager of a different department within the organization?
If you identify areas on the statement(s) that are of concern, where might you go next to dig deeper and verify your thoughts or allay your concerns?
Think about receiving an annual report for a stock you own. You will notice that it is thick but the statements we are looking at are but a few pages. Why is this? What is important about the rest of the report? (You can find annual reports online at the company website).
How are these statements interrelated? Do you see any common elements on both? How would you relate the two statements to come to a conclusion on the financial health of the organization?

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