What are the time dimensions of the income statement, Financial Management

Assignment Help:

What are the time dimensions of the income statement, the balance sheet, and the statement of cash flows? Hint: Are they videos or still pictures? Explain.

Sol.

The income statement is similar to a video: It evaluates a firm's profitability over a period of time which can be a week, a month, a year, or any other time period.
The balance sheet is alike to a still photograph. The balance sheet presents the firm's assets, liabilities and equity at a given point in time.
This cash flow statement is alike to the income statement can be compared to a video: It illustrates how cash flows into and out of a company over a given period of time.

Related Discussions:- What are the time dimensions of the income statement

Wacc and cost of common equity, how to get the expected growth rate?

how to get the expected growth rate?

Advanced investment appraisal,

Yield curve strategies, Yield curve strategies take into account the ...

Yield curve strategies take into account the distribution of the maturities of the bonds of the portfolio in order to take advantage of the forecasted movements o

Equity stock, the stock of akpan ltd performs well during recessionary peri...

the stock of akpan ltd performs well during recessionary periods, and the stock of okon ltd does well during growth periods. both stocks are currently selling for Rs 100 per share

Pass-through vs. pay-through structures, In a pass-through structure,...

In a pass-through structure, each certificate holder will be allotted a proportion of the cash flow from the underlying pool of loans or receivables on a pro rat

Venture capital and private equity, It is argued that VC & PE houses achiev...

It is argued that VC & PE houses achieve superior returns through ruthlessly focussing management on short to medium term outcomes. In particular, parsimonious cash management is g

Operating cycle, disscus the applicability of operating cycle in vegetable ...

disscus the applicability of operating cycle in vegetable in uganda

Break even sales, given just the sales and profit values, how is the break-...

given just the sales and profit values, how is the break-even sales calculated?

Working capital, discuss the applicability of an operating cycle considerin...

discuss the applicability of an operating cycle considering broilers?

How to calculate the future value of an annuity, Calculate the Future Value...

Calculate the Future Value of an Annuity: Annuity is stated as periodic payment every period for a number of periods. This periodic payment is the same each year only then it c

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages