Business Administration 1220E Chapter 2: Chapter 2 Notes
21 Dec 2011
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Business Administration 1220E Full Course Notes
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Business 1220e notes chapter 2 date: september 11, 2011. Financial statements the statement of earnings income statement also referred to as: consolidated statement of operations shows how profitable a corporation was during a particular period of time. does not necessarily reflect the actual cash collected or paid out in this period, since the timing see example/format, refer to page 8 of textbook of these receipts and payments may vary. earnings from operations: from a management point of view, the earnings from operations figure can be useful information when it comes to making business decisions, evaluate manager performance, make financial projections, provide direction on future business decisions. fixed assets are listed in order of permanence. shareholder s equity is also known as owner s equity, it represents the interest, stake or claim the owners have in the company.
