Saturday, October 15, 2011

How to interpret financial reports

Financial Education Will Increase Your Control And Cash And Decrease Risk and Tax If you are going to invest in a company first you must understand the type of business the company is operating in. First report to review is the Profit and Loss: Profit and Loss shows the performance. It is the Income minus the Expenses How well the company is performing. Profit has NOTHING to do with CASH Is the business keeping their customers happy. This is essential to the cash flow

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