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  • Three Financial Statements

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    The three core financial statements are the income statement, balance sheet, and cash flow statement. These statements are intricately linked and show a company's profits, financial position, and cash flows. The income statement displays revenues and expenses over a period of time, the balance sheet outlines assets, liabilities, and equity on a given date, and the cash flow statement shows cash inflows and outflows from operating, investing, and financing activities.

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    The three core financial statements are the income statement, balance sheet, and cash flow statement. These statements are intricately linked and show a company's profits, financial position, and cash flows. The income statement displays revenues and expenses over a period of time, the balance sheet outlines assets, liabilities, and equity on a given date, and the cash flow statement shows cash inflows and outflows from operating, investing, and financing activities.

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    14 views3 pages

    Three Financial Statements

    Uploaded by

    michelle dizon
    The three core financial statements are the income statement, balance sheet, and cash flow statement. These statements are intricately linked and show a company's profits, financial position, and cash flows. The income statement displays revenues and expenses over a period of time, the balance sheet outlines assets, liabilities, and equity on a given date, and the cash flow statement shows cash inflows and outflows from operating, investing, and financing activities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    Three Financial Statements

    The three financial statements are the income statement, the


    balance sheet and the cash flow statement

    Written by CFI Team


    Updated July 14, 2022

    What are the Three Financial Statements?


    The three financial statements are: (1) the Income Statement, (2)
    the Balance Sheet, and (3) the Cash Flow Statement. These three core
    statements are intricately linked to each other and this guide will explain
    how they all fit together. By following the steps below, you’ll be able to
    connect the three statements on your own.
    Key Highlights

    The three core financial statements are 1) the income statement, 2)


    the balance sheet, and 3) the cash flow statement.

    These three financial statements are intricately linked to one


    another.

    Analyzing these three financial statements is one of the key steps


    when creating a financial model.

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