3. **What are some common financial ratios derived from financial statements, and how can they be used to assess a company's performance and compare it to industry benchmarks?
2. **How do the income statement, balance sheet, and cash flow statement interrelate, and why is it important to analyze them together rather than separately?
**What are the key components of a company's financial statements, and how do they provide insight into the company's financial health?
3. **What role do financial ratios play in analyzing financial statements, and which ratios are most important for assessing a company's performance and stability?
2. **How do different accounting methods, such as accrual accounting and cash accounting, affect the interpretation of financial statements?
**What are the key components of a company's financial statements, and how do they provide insight into the company's financial health?
3. **How do changes in accounting policies or estimates affect the presentation and interpretation of financial statements?
2. **What are the key indicators or metrics in financial statements that investors and analysts look for to assess a company's financial health and performance?
**How do the three main financial statements (income statement, balance sheet, and cash flow statement) interrelate, and why is it important to analyze them together?
3. **What role do notes and disclosures play in financial statements, and how can they impact the interpretation of a company's financial performance?