-You are at the weekly division manager's meeting as the finance department representative. One of the managers at the meeting asks you to explain the uses of the following: Balance sheet, Income Statement, Statement of cash flows. Explain the structure of each of these financial statements and their general uses. Be sure to address the following, among other things: Owner's equity, Profitability and Operational cash flows. 

Answer rating: 100% (QA)

1 Balance Sheet Structure The balance sheet presents a snapshot of a companys financial position at a specific point in time It consists of three main ... View the full answer