Homework: Financial Statements and Cash Flow Management
Overview
In this Project, you will analyze and evaluate a business's financial health and recommend the best financing options for the business to choose in order to improve its current financial health. Use the Project Two Business Options List to choose the business that you will examine in Project Two. Then, use Mergent Online to locate the most recent quarterly financial statements for the business: the balance sheet, the income statement, and the cash flow statement.
In order to succeed in your Project Two homework, you will need to understand the role of financial statements and how they help businesses determine their current financial health. You will also need to describe why cash flow management is important to a business and that business's financial health.
Prompt
Write a brief journal introducing the business you chose for your Project Two homework.
Specifically, you must address the following rubric criteria:
a. Business Selection: Provide a description of the business you chose, including the business name and what it offers consumers.
b. Financial Statements: Using Mergent Online, provide a copy of the balance sheet, the income statement, and the cash flow statement for your chosen business from the most recent fiscal quarter.
c. Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their current financial health.
d. Cash Flow Management: Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an example to support your claims.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.