Watch the Beginners Guide to Financial Statements. After viewing the video answer the following questions and respond in a meaningful way to the posts of classmates.
1- Why do business communicate to users through their Income Statement?
2- What to businesses communicate to users through their Balance Sheet?
3- What do businesses communicate to users through their Statement of Cash Flows?
Post your original responses to the Chapter Discussion Question by Thursday before the due date, (MINIMUM 50 WORDS), and then post 2 responses to classmates’ postings by the due date, (MINIMUM OF 25 WORDS EACH.) You also need to show participation on at least two different days during the week. This means not all responses/postings are done on the same day.
THIS IS AN ALL OR NOTHING GRADE – YOU NEED TO COMPLETE ALL THREE REQUIREMENTS TO EARN THE 100 POINTS PER DISCUSSION. (MAKE A MINIMUM OF 3 POSTS, AND READ A MINIMUM OF 80% OF THE POSTS.)