
25 Investing Terms That Every Investor Should Know
The Canadian Investor
00:00
The Three Financial Statements Are the Language of Business
You don't have to be a c p a. You don't need to be the best accountant in the world, but you can do extremely well knowing each statement and why they matter. The income statement is what every company will maintain as like their profit and lost statement. It gives investors a look at how much cash they have on hand in the bank,. How much debt they have, all of the assets that they're holding as a company. A scary balance sheet is a business and trouble. And then the third the cash flow statement summarizes the movement of cash in the business.
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