ACC 497 Week 2 Individual Assignment Financial Statements Paper Part I

Topics: Financial statements, Balance sheet, Annual report Pages: 3 (491 words) Published: November 1, 2014

This pack contains ACC 497 Week 2 Individual Assignment Financial Statements Paper Part I

Resources: Appendix A: The Home Depot, Inc. Annual Report in Fundamentals of Financial Accounting

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?

Format your paper consistent with APA guidelines.

Business - Accounting
Using Home Depot, Inc. 2008 Annual Report located in Appendix A of the text, Fundamentals of Financial Accounting , prepare a 1,050-1,750-word paper in which you answer the following questions:

What does 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 manager...

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