I need an explanation for this Marketing question to help me study.

Wk 1 – Overview of Financial Statements Paper [due Mon]

Assignment Content

1. Resource:
   Overview of Financial Statements Grading Guide
   Purpose of Assignment The purpose of this assignment is for students to utilize critical thinking skills to understand the information contained within a company’s financial statements and how they articulate with each other.
   Assignment Steps
   Develop a 700-word evaluation on the Overview of Financial Statements using the following as guides:

   • Locate a financial statement (income, balance, statement of cash flow) for a company similar to one you wish to create.
   • Identify the salient information contained in the financial statements (income statement, balance sheet, statement of cash flow).
   • Identify the company’s net income (income statement), total assets (balance sheet), and total net cash flow (statement of cash flow).
   • Explain how financial statements (income, balance, statement of cash flow) are connected to each other.
   • Examine the importance and the relevance of financial statements for the entrepreneur.

   Cite a minimum of one peer reviewed reference from the University Library.
   Format the assignment consistent with APA guidelines.
   Submit your assignment.
   Resources

   • Center for Writing Excellence
   • Reference and Citation Generator
   • Grammar and Writing Guides
   • Learning Team Toolkit

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