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ACC 291 Week 4 Summary


ACC 291 Week 4 Summary fin571

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ACC 291 Week 4 Summary
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This 0 page Study Guide was uploaded by an elite notetaker on Tuesday November 10, 2015. The Study Guide belongs to fin571 at Kaplan University taught by in Fall 2015. Since its upload, it has received 23 views.


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Date Created: 11/10/15
Week 4 Summary This week was very informative We focused on the statements of cash ow and I learned that this report is very important to both internal and external users as it gives a more detailed account of the ow of cash for an organization as it relates to cash receipts cash payments and change from operating investing and financing activities This report gives a better understanding if Whether an organization can generate cash has the ability to meet obligations or pay dividends We also covered how ratios are used to evaluate financial statements as it relates to liquidity measures shortterm ability to pay obligations and the need for cash profitability measures the income or operating success and solvency measures the ability to survive


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