Discussion Post: Financial Fundamentals
Describe the purpose of the five primary financial statements.
a) Statement of Comprehensive Income
b) Income Statement
c) Balance Sheet
d) Statement of Cash Flows
e) Statement of Shareholder's Equity
Give an example of a profitability, liquidity, and solvency ratio and explain the components and which financial statement would provide the information.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.