Week 2: Balance Sheet—Purpose and Uses

Discussion

Instructions

The balance sheet is one of the first financial statements people turn to when reviewing a company. You can learn a lot about a company by looking at its balance sheet.

  • What is the purpose of the balance sheet?
  • How would you use the balance sheet to evaluate the financial position of a company?

Remember to post your first discussion response by Wednesday and post at least 2 additional times throughout the week.