Professional Documents
Culture Documents
I. Essay
3. Why is it necessary for the public to analyze the financial statement of a certain
company?
There are several reasons why it is necessary to analyze financial statements
to the public. Firstly, so the public will learn about the profitability of the company.
This could be their basis whether to invest to the company or not. For the employees
to learn the stability and progress of their company. If the company is performing
great, then they can look forward to a salary increase or additional benefits. For the
creditors to learn about the company’s ability to pay. Lastly, for everybody to learn if
they are paying their share of taxes.
SOURCES OF ANSWERS:
Internet Sources:
http://www.myaccountingcourse.com/financial-ratios/
http://www.accountingtools.com
http://financialanalysishub.com/working-capital-to-total-assets/
http://accountingexplained.com
http://www.investopedia.com
http://www.randelltiongson.com/top-10-life-insurance-companies-in-the-philippines/
https://en.wikipedia.org
2016 2017
ASSETS
AR 200 100
AP 50 300
GP 300 300
Interest Expense 20 10
EBT 80 190
Tax Expense 24 57
Additional Information
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