00:01
So your step one is to identify descriptions and corresponding statements slash reports.
00:16
So description provides details about the flow of funds from operating investment and financing activities.
00:22
And then your statement or report is the statement of cash flows.
00:42
And then b has three segments that when analyzed together give an idea of what the company owns and what it owes.
00:48
That would be a balance sheet.
01:00
C is issued once a year by a corporation and contains basic financial statements and an analysis of past performances and future prospects.
01:14
That would be an annual report.
01:19
Four gives details about the firm's sales, costs, and profits for the past accounting period.
01:25
That would be an an income statement, five, details changes in the capital received from investors in exchange for stock paid in, donated capital and retained earnings, so that is a statement of stockholders ' equity...