Financial Ratio Analysis

• What is an income statement?

  Measures business performance over a period of time, and it compares the income of the business against the cost of sales and expenses incurred in earning that revenue
• What is a balance sheet?

  A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• What is a cash flow statement?

  This shows how the business has generated and disposed of cash and liquid funds during the period under review