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Busıness Fınance I
Busıness Fınance I Deneme Sınavı
Busıness Fınance I Deneme Sınavı Sorusu #1181131
Busıness Fınance I Deneme Sınavı Sorusu #1181131
Which of the following provides a snapshot of the financial condition of the firm at a particular time?
Balance Sheet |
Income Statement |
Statement of cash flows |
Working capital |
DuPont Analysis |
Yanıt Açıklaması:
The main objective of a statement of financial position is to disclose fairly what a company owns and means used to get them at a certain date. It can be thought as a selfie of the company at a point in time. Thus, Balance Sheet provides a snapshot of the financial condition of the firm at a particular time.
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