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__________is a measure of the chance that uncertain events will occur
Weegy: Probability is a measure of the chance that uncertain events will occur (More)
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Asked 3/20/2012 10:11:53 AM
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identify the four basic financial statements.
Weegy: Answer: The four basic financial statements are 1. Income Statement, 2. Balance Sheet, 3. Statement Of Cashflows and 4. Statement Of Shareholders Equity. Among these the fourth - Statement Of Shareholder Equity is not looked at as often. (More)
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Asked 3/21/2012 9:11:58 PM
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Describe the purpose of each of the four financial statements.
Weegy: 1. Balance sheet: also referred to as statement of financial position or condition, reports on a company's assets, liabilities, and net equity as of a given point in time. 2. [ Income statement: also referred to as Profit and Loss statement (or a "P&L"), reports on a company's income, expenses, and profits over a period of time. 3. Statement of retained earnings: explains the changes in a company's retained earnings over the reporting period. 4. Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities. Financial ratio analysis groups the ratios into categories which tell us about different facets of a company's finances and operations. An overview of some of the categories of ratios is given below. * Leverage Ratios which show the extent that debt is used in a company's capital structure. * Liquidity Ratios which give a picture of a company's short term financial situation or solvency. * Operational Ratios which use turnover measures to show how efficient a company is in its operations and use of assets. * Profitability Ratios which use margin analysis and show the return on sales and capital employed. * Solvency Ratios which give a picture of a company's ability to generate cashflow and pay it financial obligations. ] (More)
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Asked 3/21/2012 9:17:47 PM
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