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In the trend of total liabilities of significance in analyzing the financial condition of a business? If so, what other trends should be used in connection therewith​

Answer»

tion:As business OWNERS, we are so busy with the day-to-day operations of running a business that we may forget to take a look at our business as a whole and ignore any COMPANY financial statement analysis.By ANALYZING Financial Statements, we can:Spot TRENDS over timeIdentify the mix of Assets and Liabilities within a certain periodExamine relationships among items to determine efficient operations.The analysis of Financial Statements is an evaluation of:A firm’s PAST financial performanceIts prospects for the future



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