Difference between revisions of "Financial Statement"

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Latest revision as of 18:09, 11 March 2020

Financial Statement - (adjective)

Definition

A financial statement is a written record that details the business activities and the financial state of the company. It includes the balance sheet, income statement and cash flow statement.

Extra

Source: Adapted from Investopedia
Example of Use: The bank decided to invest after reviewing the company’s financial statement.