Balance sheet is a portion oof the income statement that deals with the evaluation and analysis of the company’s performance. This summary is a highlight of the business’ equity as it deals with the assets and liabilities. They are a great tool that allows comparison of the companies financial state from other time periods. So, the overall financial condition of the company can be understood by investor using acid-test ratio and debt to equity ratio.
Finding something interesting ?
Fill out the form below for inquiry.