Hi, need to submit a 2000 words paper on the topic Statement of Financial Position. Financial statement position of a company have measurable characteristic and easily evaluated (Financial Review, 2015, 1).
The statement of financial position has essential skills in various occupations such as corporate finance, credit extension, commercial lending, and investment management. Individuals engaging in such activities should analyze data connection with investment decisions. The financial statement should conquer with generally accepted accounting principles (GAAP) (Wiley and sons, 2015, p4). The statement of financial performance should provide information on revenue, expenses, other profit measures such as gross profit and net profit (Financial Review, 2015, 1).
The above-worked example has clearly indicated all the information, which an investor requires to know before making a judgment relating to the investment. The investor should compare personal security with the information shown and come up with the conclusion. The information to focus on includes sales revenue, expenses, gross profit, and net profit. This information shows the baseline of company and indicates the least amount required for an investor to start the business.