Write a 1,050- to 1,750-word paper in which you answer the following questions:
- What does the Consolidated Statements of Earnings-the income statement-tell you about the company? Why is this statement important? What business decisions could be made using the income statement?
- What does the balance sheet tell you about the company? Why is the balance sheet important? What business decisions could be made using the balance sheet?
- What does the statement of cash flows tell you about the company? What business decisions could be made using the statement of cash flows?
- What information is provided in the statements that will assist you in making these business decisions? What information is not provided that could assist in managerial decision making?