Analyzing Financial Statements-Write a tutorial for interns that the company frequently hires that describes the three key financial statements, balance sheet, income statement (P and L), and cash flow statement.

Assignment Question

Write a tutorial for interns that the company frequently hires that describes the three key financial statements, balance sheet, income statement (P and L), and cash flow statement.

List and explain at least five key ratios that are commonly used in the analysis of financial statements and explain how they are calculated and why they are important. There should be at least one ratio for each of the three key financial statements.

Explain why ratios are often used in the analysis of financial statements rather than absolute numbers.