Financial Statements and Cash Flow Management

Choose one of the following businesses to use in Project Two. You will also use this business in the

Module Two Journal and the Project Two Milestone.

Business Options

· Johnson & Johnson (JNJ)

· Disney (DIS)

· Facebook (FB)

· Kellogg (K)

· Tesla (TSLA)

· Microsoft (MSFT)

· American Express (AXP)

 

Prompt

Write a brief journal introducing the business you chose for your Project Two assignment.

Specifically, you must address the following rubric criteria:

· Business Selection: Provide a description of the business you chose, including the business name and what it offers consumers.

· Financial Statements: Using Mergent Online, provide a copy of the balance sheet, the income statement, and the cash flow statement for your chosen business from the most recent fiscal quarter.

· Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their current financial health.

· Cash Flow Management: Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an example to support your claims.