discuss how business owners, managers, and other organizational leaders use the four basic financial statements to make business decisions.

Your discussion should include:

• A description of the four basic financial statements (income statement, balance sheet, statement of stockholders' equity, and statement of cash flows), including a summary of what is reported in each of the four basic financial statements.
• An explanation of the role of the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows in business decision making.
• A description of metric-based analysis, including the types and purposes of metrics used by managers for business decision making.

Answer rating: 100% (QA)

The four basic financial statements are essential tools used by business owners managers and other organizational leaders to make informed decisions about the financial health and performance of their ... View the full answer