Question

In: Accounting

The financial statements report the financial health and progress of a company. Select a financial report...

The financial statements report the financial health and progress of a company. Select a financial report from online and explain what information it provides for decision making.

Solutions

Expert Solution

You may select financial report of Amazon or Apple or any other company of the choice. Broadly they all cover information which help stakeholders like government agencies, investors and lender to acknowledge the performance of the company.

To be specific, lets see insights of Amazon's annual report :

  • It provided information about how the company increased its subscrition base of their Amazon Prime services
  • Information about their investment in the developing countries like India to tap the market share
  • How their cloud services are fairing
  • How their Amazon devices are been sold and future prospects of them
  • Besides these, thers is tons of information like EPS along with financial ratios to analyse the performance of the company in comparison to previous years and industry as whole

All such information in every annual report can be helpful for different stakeholders interested in different aspect of the information given in the annual report. It is to be noted that not all information is relevant to all the stakeholders, all have their own requirement and they all look for different informations.  

ekkarill92 answered 1 year ago
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