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This video demonstrates how transactions lead to the creation of financial statements. Vendors, creditors, and investors are only a few of the people who look at and analyze the company's financials. A company's financial statements distill all the economic activities of a company into summarized documents. Learning how to read and analyze financial statements can help you when choosing a company to work for, assessing the long-term prospects of your own company, choosing a company to invest in, and understanding the financial health of companies that play a big role in the community you live in.
Source: Dave Alldredge, https://youtu.be/lI4dkIEvPFM This work is licensed under a Creative Commons Attribution 3.0 License.
Last modified: Wednesday, 6 March 2024, 4:44 PM