Name Professor Course Title Date Executive Summary Financial statements are important in that they show where the company got its money from how it spent the money and where the money is. There are four forms of financial statements which will be addressed individually. The first form is the balance sheet which informs on the company’s possessions that have value (assets) which include; tangible possessions such as machinery and the premises cash and intangible possessions such as patents. Moreover it shows the debt that the measure of a company’s financial weight; the amount of debt (liabilities) a company is relying on to finance their assets in relation to the shareholder’s equity. Working capital refers to the money that the company uses in running its everyday activities and is calculated by subtracting the current liabilities from the current assets. The enterprise value refers to the net worth of the business in the event of a takeover or purchase. Works Cited "SEC.Gov | Beginners' Guide To Financial Statement." Sec.Gov 2007 https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguidehtm.html. [...]
Assignment: Read Article – “BEGINNERS GUIDE TO FINANCIAL STATEMENTS.” "http://WWW.SEC.GOV" - EDUCATION – PUBLICATIONS Write an Executive summary – maximum 2 pages and include definitions of debt to equity ratio, working capital, current vs. long-term debt, and enterprise value.