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