Importance of the Comparative Income Statement in an Annual Report?

Answer There are three main financial statements published in the company annual report: the balance sheet, the cash flow statement and the income statement. The income statement provides an overview of c... Read More »

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What would cause company to have a big decrease in deferred income taxes on their annual report?

Deferred income taxes are generally a liability. More than likely, they accrued the taxes last period (recorded them on the books in advance of payment), and didn't pay them until this period, res... Read More »

Definition of a Comparative Statement?

Comparative statements gather and compare financial information from different time periods in an effort to determine financial changes and trends. Since the main objective of any business or compa... Read More »

How to Write a Comparative Book Report?

Book reports are common assignments for American students. Most elementary school teachers require students to summarize just one book. But teachers at the secondary level may challenge students to... Read More »

The Importance of Annual Physicals?

Annual physicals test general health and the conditions of various parts of the body, and detect problems at an early stage. Your health care provider will take measurements of height and weight an... Read More »