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For College Students

Key Learnings on Financial Statements

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In the previous segment, you learnt briefly about the three financial statements. In the upcoming video, our faculty will recap the key takeaways for the three financial statements.

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In this video, you saw that the three financial statements answer the following questions.

 

Income statement

How does a company generate wealth over a period of time?

Cash flow statement

How does a company generate cash during the same period of time?

Balance sheet

What are the company’s sources of funds, and how does the company use its funds?