Need help with Accounting questions

200 to 250 word count

1. What is the importance of the statement of cash flows? How does this differ from the information provided by the income statement? What does it matter where a company gets its cash from or where it spends it as long as it somehow has enough cash on hand?


200 to 250 word count

2. What are some common ratios used to analyze financial information? Which are the most important? What are some examples of how ratios are used in the decision-making process? Two popular methods of financial statement analysis are horizontal analysis and vertical analysis. What are the differences between these two methods?



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