Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements ...

An income statement shows a business's revenue and costs to determine profit, including sales revenue, cost of sales, gross profit, expenses, and net profit. It demonstrates financial performance ...

A company's cash flow statement is often used as one of three key reports that investors and other interested parties use to determine its financial performance. The others are the income ...