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Lecture Business (4/e): Chapter 14 - Ferrell, Hirt, Ferrell

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Chapter 14 - Accounting and financial statements. Learning objectives of this chapter include: Define accounting and describe the different uses of accounting information, demonstrate the accounting process, decipher the various components of an income statement in order to evaluate a firm''s bottom line,...

Part Financing the Enterprise © 2015 McGraw­Hill Education 14-2   CHAPTER 14 Accounting and Financial Statements CHAPTER 15 Money and the Financial System CHAPTER 16 Financial Management and Securities Markets 14-3 Learning Objectives LO 14-1 Define accounting and describe the different uses of accounting information LO 14-2 Demonstrate the accounting process LO 14-3 Examine the various components of an income statement to evaluate a firm’s bottom line LO 14-4 its Interpret a company’s balance sheet to determine current financial position LO 14-5 Analyze the statement of cash flows to evaluate the increase and decrease in a company’s cash balance 14-4 The Nature of Accounting 14-5 Uses of Accounting Information 14-6 14-7 Accounting Cycle 14-8 Income Statement 14-9 Income Statement 14-10 Balance Sheet 14-11 Statement of Cash Flows 14-12 Ratio Analysis 14-13 Ratio Analysis 14-14 Ratio Analysis 14-15 Ratio Analysis ... Accounting Cycle 1 4- 8 Income Statement 1 4- 9 Income Statement 1 4- 10 Balance Sheet 1 4- 11 Statement of Cash Flows 1 4- 12 Ratio Analysis 1 4- 13 Ratio Analysis 1 4- 14 Ratio Analysis 1 4- 15 Ratio Analysis... position LO 1 4- 5 Analyze the statement of cash flows to evaluate the increase and decrease in a company’s cash balance 1 4- 4 The Nature of Accounting 1 4- 5 Uses of Accounting Information 1 4- 6 1 4- 7 Accounting.. .1 4- 2   CHAPTER 14 Accounting and Financial Statements CHAPTER 15 Money and the Financial System CHAPTER 16 Financial Management and Securities Markets 1 4- 3 Learning Objectives LO 1 4- 1 Define

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