Using financial information | intro to business

Using Financial Information

You and a business partner are considering the purchase of a firm that has been in business for five years.  Your associate does not have any financial accounting expertise, but recognizes that financial information is central to every organization.  Recently, this associate, who is not familiar with financial statements, asks you a series of questions.  In your own words respond to the following questions that are being asked by your business partner.

·   

  • How does a balance sheet differ from an income statement?
  • What does the term ‘owners’ equity’ mean?
  • What is the difference between fixed assets and total assets?
  • What is the difference between long-term liabilities and current liabilities?
  • How would you describe the difference between a statement of cash flow and an income statement?
  • What can be used to identify a business’ financial strengths and weaknesses?
  • Why should we be concerned with all these financial processes when we can get an accounting firm to handle this stuff while we focus on daily business operations?

This assignment submission must be at least 3-pages, not including APA cover page or references page Using apa 7th edition. 

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

STAY HOME, SAVE LIVES. Order your essay today and save 20% with the discount code ATOM