What information could you ask for that will help you

Assignment Help Business Management

Reference no: EM131560405

Assignment

Suppose you have just finished your undergraduate education in business administration and are appearing for your first job interview. The interviewer asks you:

You have just one hour to gain a brief understanding of a company's current performance. What information could you ask for that will help you to have a quick understanding of the company's performance within a very short time?

What might your answer be? What information could you ask for?

Financial statements are important tools that stakeholders can use to understand the financial health of an organization better and make informed decisions.

For this Discussion, read this week's resources. Then, consider the purpose of a balance sheet, an income statement, and a cash flow statement concerning their functionality, accuracy, and importance. Also, examine how these financial statements are used by investors, lenders, and corporate managers when making decisions.

Post a 200- to 300-word explanation of balance sheets and income statements concerning functionality, accuracy, and importance. Also, explain how these statements are used in different ways by investors, lenders, and corporate managers when making decisions. In your post, mention whether you have had any experience working with a balance sheet or an income statement to make financial decisions in your personal life or your organization. If so, please describe the experience. If you have not had any experience with working with a balance sheet or an income statement, please explain how you can use your knowledge about these financial statements to make prudent financial decisions in your personal life. Be sure not to disclose the name of any specific organization.

Week's resources

·Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2017). Essentials of corporate finance (9th ed.). New York, NY: McGraw-Hill Irwin.

o Chapter 1, "Introduction to Financial Management" (pp. 1-18)
o Chapter 2, "Financial Statements, Taxes, and Cash Flow" (pp. 22-43).

Reference no: EM131560405

Questions Cloud

Calculate the variable cost per unit : Using the high-low method, calculate the fixed cost per month. Calculate the variable cost per unit

Survey of communication study-organizational communication : In one of the readings, "Survey of Communication Study, Organizational Communication", we have reviewed the five theoretical perspectives.

A brief description of the company : A brief description of the company and how the selected process fits into the overall framework of the company.

Case study assignment-fraud and abuse : Because of the third party payments, Medicare and Medicaid and the magnitude of healthcare expenditures in the United States

What information could you ask for that will help you : What information could you ask for that will help you to have a quick understanding of the company's performance within a very short time?

Examination of their stylistic development into abstraction : Choose one of the following artists for an examination of their stylistic development into abstraction:

How significant is the problem studied in the research : State the problem. Is the problem clearly stated? Does the problem have a theoretical rational? How significant is the problem studied in the research?

Decision-making process to select a cell phone provider : Explain the difference between (1) Certainty & (2) Risk and give an example of each. Use the 5 Steps of the Decision-Making Process to select a Cell Phone.

Discuss the case of us census : Million people in year t, with t = 0 corresponding to the beginning of 1990. Compute N'(10) and N"(10) and interpret your results.

User Account

All Pages