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What is a statement of retained earnings? What information does it provide? What is a...

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Accounting

  1. What is a statement of retained earnings? What information does it provide?
  2. What is a statement of cash flows? What information does it provide?
  3. How is the accounting equation related to the balance sheet?
  4. How do the financial statements help in assessing the liquidity, profitability, and solvency of a company?
  5. Please discuss the following ratios: earnings per share, current ratio, and debt ratio. What information do they tell us about a company's financial performance?

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