Over the last 3 episodes we studied and examined the key financial statements you should be receiving monthly;

1. the balance sheet

2. the income statement or P&L

3. and the Statement of Cash Flows

In this episode, we will examine some basic financial statement analysis. Much of this analysis involves calculating ratios from the data contained in the financial reports listed above.

The Questions we are looking to answer are:

1. Can the business pay all of its bills?

2. Did the business make any money? and how much?

3. Can financial performance be improved?

Tune in here to learn how to analyze your financial statements.