Financial Statement analysis is done using the components of financial statement. These components are Balance sheet, Income statement, Statement of Cash flows etc. Annual report of a company contains the financial statement of that year and previous year for comparison. If the company has subsidiaries or segments, the financial statement shall be consolidated for the business of the company. To prepare: The income statement of the company.

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Chapter 2, Problem 8.5GAP

To determine

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Financial Statement analysis is done using the components of financial statement. These components are Balance sheet, Income statement, Statement of Cash flows etc. Annual report of a company contains the financial statement of that year and previous year for comparison. If the company has subsidiaries or segments, the financial statement shall be consolidated for the business of the company.

To prepare:

The income statement of the company.

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