Assignment: Financial Statements
Write a 350- to 700-word paper describing a balance sheet, an income statement, a retained earnings statement, and a statement of cash flows. How does a company use these financial statements to make future business decisions? Use and define the following terms in your paper when explaining how a company uses the information on the statements:
Assets
Comparative statements
Liabilities
Stockholder's equity
Format your paper according to APA standards.