Discussion 1 – Week 1 – Financial Mgmt

Suppose you have just finished your undergraduate education in business administration and are appearing for your first job interview. The interviewer asks you:What might your answer be? What information could you ask for?Financial statements are important tools that stakeholders can use to better understand the financial health of an organization and make informed decisions.For this Discussion, read this week’s resources. Then, consider the purpose of a balance sheet, an income statement, and a cash flow statement in terms of their functionality, accuracy, and importance. Also, consider how these financial statements are used by investors, lenders, and corporate managers when making decisions., a 150- to 200-word explanation of balance sheets and income statements in terms of functionality, accuracy, and importance. Also, explain how these statements are used in different ways by investors, lenders, and corporate managers when making decisions. In your post, mention whether you have had any experience working with a balance sheet or an income statement to make financial decisions in your personal life or in your organization. If so, please describe the experience. If you have not had any experience with working with a balance sheet or an income statement, please explain how you can use your knowledge about these financial statements to make prudent financial decisions in your personal life. Be sure not to disclose the name of any specific organization.Support your work with specific citations from the Learning Resources and any additional sources. a selection of your colleagues\’ postings. to or more of your colleagues\’ postings in one or more of the following ways: to this Discussion in a few days to read the responses to your initial posting. Note what you learned and the insights you gained from the comments your colleagues made. Refer to the Discussion Template in this week’s Learning Resources for your main post and response  

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