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Daily Archives: August 30, 2017

Understanding Financial Statement: Income Statement

Why do companies need timely and accurate financial statements

Business Management, Consulting, Financial Statements, TaxesBy Rolf NeuweilerAugust 30, 2017Leave a comment

Why do companies need timely and accurate financial statements? CEOs and business owners need to be always in the know about cash flow, sales growth, profit margin changes, and administrative costs. Managing a business requires its leaders to be constantly monitoring its “vital signs”. Financial Statements consist of Balance Sheet, Income Statement, and Statement of…

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