Fundamentals of Corporate Finance (3rd Edition) (Pearson Series in Finance)
Fundamentals of Corporate Finance (3rd Edition) (Pearson Series in Finance)
3rd Edition
ISBN: 9780133507676
Author: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Publisher: PEARSON
Question
Book Icon
Chapter 2, Problem 10CT
Summary Introduction

Financial Statements:

Financial statements are the accounting reports of any organization that are prepared with a purpose to disclose its past performance and also the assets and liabilities of the company along with the finances. These statements are prepared either on an annual basis or on a quarterly basis.

Management Discussion and Analysis

The Management Discussion and Analysis (MD&A) is a part of the financial statements.

It is a preface in which the management of the company examines and discusses about the important events that might have occurred in the recent quarter or year. The future goals and projects are also discussed as a part of the Management Discussion and Analysis (MD&A).

Notes to the Financial Statements

The public companies are supposed to disclose their yearly financial statements. The financial statements include the balance sheet, the income statement, cash flow statement and the statement to the shareholder’s equity. Apart from these disclosures, the firms provide additional notes in which they provide thorough details about the information that is provided in the statements. These are known as the notes to the financial statements.

To Identify:

The meaning of Management Discussion and Analysis (MD&A) in the financial statements and the notes to the financial statements.

Blurred answer

Chapter 2 Solutions

Fundamentals of Corporate Finance (3rd Edition) (Pearson Series in Finance)

Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Essentials Of Investments
Finance
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Mcgraw-hill Education,
Text book image
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:9781260013962
Author:BREALEY
Publisher:RENT MCG
Text book image
Financial Management: Theory & Practice
Finance
ISBN:9781337909730
Author:Brigham
Publisher:Cengage
Text book image
Foundations Of Finance
Finance
ISBN:9780134897264
Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:Pearson,
Text book image
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Text book image
Corporate Finance (The Mcgraw-hill/Irwin Series i...
Finance
ISBN:9780077861759
Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:McGraw-Hill Education