ppt课件-magicof financial statements- mississippi state university（magicof财务报表-密西西比州立大学）.pptVIP

The Magic of Financial Statements Presented by: Robert E. Mark Chief Financial Officer Rowe Incorporated OVERVIEW Balance Sheet Profit and Loss (Income) Statement Statement of Cash Flows The Balance Sheet LIABILITIES (Amounts owed to outside creditors) + EQUITY (Or net worth) _________________ = ASSETS (Resources of the business) BASIC MATH 101 1,000 40 1,000 30 1,000 20 1,000 10 -------- 4,100 The Income Statement Sales - Pass thru billing = Net Sales - Direct Expenses = Gross Profit - Admin Depreciation Expenses = In