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University of Phoenix Material Financial Statement Review What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information? What is the total value of assets? Why would this information be important to a potential creditor? What is the total cash flow from operation? What financial statement user would find this information most important? Financial Statement Review ACC/561 Version 5 1 Copyright © 2013, 2011, 2009, 2008 by University of Phoenix. All rights reserved. Title ABC/123 Version X 1 Copyright © XXXX by University of Phoenix. All rights reserved. University of Phoenix Material Financial Statement Review What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information? What is the total value of assets? Why would this information be important to a potential creditor? What is the total cash flow from operation? What financial statement user would find this information most important? Financial Statement Review ACC/561 Version 5 1 Copyright © 2013, 2011, 2009, 2008 by University of Phoenix. All rights reserved. Title ABC/123 Version X 1 Copyright © XXXX by University of Phoenix. All rights reserved. ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????