LO 14-1 Define accounting and describe the different uses of accounting information.
LO 14-2 Demonstrate the accounting process.
LO 14-3 Examine the various components of an income statement to evaluate a firm’s bottom line.
LO 14-4 Interpret a company’s balance sheet to determine its current financial position.
LO 14-5 Analyze the statement of cash flows to evaluate the increase and decrease in a company’s cash balance.
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Part 6Financing the Enterprise© 2015 McGraw-Hill Education. CHAPTER 14Accounting and Financial StatementsCHAPTER 15Money and the Financial SystemCHAPTER 16Financial Management and Securities Markets14-2Learning ObjectivesLO 14-1 Define accounting and describe the different uses of accounting information.LO 14-2 Demonstrate the accounting process.LO 14-3 Examine the various components of an income statement to evaluate a firm’s bottom line.LO 14-4 Interpret a company’s balance sheet to determine its current financial position.LO 14-5 Analyze the statement of cash flows to evaluate the increase and decrease in a company’s cash balance.14-3The Nature of Accounting14-4Uses of Accounting Information14-514-6Accounting Cycle14-7Income Statement14-8Income Statement14-9Balance Sheet 14-10Statement of Cash Flows14-11Ratio Analysis14-1214-13Ratio Analysis14-14Ratio Analysis14-15Ratio Analysis
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