2-2 Journal: Financial Statements and Cash Flow Management.
Describe why cash flow management is important to a business and that business’s financial health.
Write a brief journal introducing the business you chose for your Project Two assignment.Specifically, you must address the following rubric criteria:
Business Selection: Provide a description of the business you chose, including the business name and what it offers consumers.
Financial Statements: Using Mergent Online, provide a copy of the balance sheet, the income statement, and the cash flow statement for your chosen business from the most recent fiscal quarter.
Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their current financial health.
Cash Flow Management: Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an example to support your claims.