Why financial statements are important to a business

Assignment Help Financial Management

Reference no: EM133357157

Assignment:

Choose one of the following businesses

Johnson & Johnson (JNJ)

• Disney (DIS)

• Meta Platforms Inc (META)

• Kellogg (K)

• Tesla (TSLA)

• Microsoft (MSFT)

• McDonald's (MCD)

Business Selection: Describe the business you chose, including the business name and what the business offers consumers.
Financial Statements: Using Mergent Online, download and submit a copy of the balance sheet, the income statement, and the cash flow statement from the most recent fiscal quarter for the business you chose.
Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their financial health.
Cash Flow Management: Explain why cash flow management is important to a business and its financial health. Use a financial news story from the past two months as an example to support your claims.

Reference no: EM133357157

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