Provide the three steps of financial analysis. Make two footnotes explaining the accounting equations for the Balance Sheet and Statement of Operations: a) describe the purpose of the Balance Sheet and b) describe the purpose of the Statement of Operations. Provide two often used nonfinancial indicators. (Hint: Operating indicators are nonfinancial indicators).

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Three Steps of Financial Analysis 1 Gather Financial Data Collect relevant financial statements including the Balance Sheet Statement of Operations In... View the full answer