Discussion Post: Financial Management
• Answer each of the following questions in detail and provide in-text citations in support of your argument. Include examples whenever applicable.
• Provide an explanation of the three basic financial statements, namely, the balance sheet, the income statement, and the statement of cash flows.
• Analyze the relation between change in equity, the net income, and the cash flows from investing activities, during a period.
• Describe and provide examples demonstrating your understanding of retained earnings, in which financial statement it is recorded, and under which category.
• Explain the implication of P/E ratio for different types of investors.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.