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Explore the contents of the practical oriented analysis of financial statements, including balance sheet, P&L, and cash flow. See how depreciation, inventory, COGS, and working capital relate these statements.
Explore the balance sheet and P&L statement, their differences, what they reveal about assets, liabilities, revenue, and net profit, with a practical business example.
This course is meant for beginners and it attempts to explain how a line item in financial statements correlates with overall health of a business. It is meant for those who are interested in understanding the significance (rather than definition) of each element of financial statements and interested in fitting them together to get the overall picture.