What are the three financial statements and how are they connected? | Wall Street Oasis

Can you walk me through the three financial statements and how are they interconnected? 25:10-27:06

Can you walk me through the line items that would exist on their P & L ? 27:06-28:17

Can you walk me through the cash flow statement and the net profit? 28:17-29:07

Can you walk me through the three statements? Explain to me what does each one represent, what are the differences? How are they connected together? 25:54-27:33

Is there any other way the income statement flows to the balance sheet? 28:42-29:11

Can you walk me through a typical income statement, from the top down? 26:36 – 27:36

If a company has just spent $100 in cash making a purchase on equipment on the end of its last fiscal year, say, December 31st, 2010, how would that impact the financial statements on 2010 and 2011. Depreciated over 5 years. 5:31-11:05

If you had to choose one financial statement to determine the financial strength of a business, which one would you choose and why? 23:51 – 25:21

Let’s suppose you had to choose one financial statement of three. Which one would you choose to show the strength of the business? 30:00-36:48

What would you do with excess cash on the balance sheet?

Lets suppose you have an income statement, balance sheet, and cash flow, and you’re trying to determine if it’s a good business. If you had to pick one statement, which would you pick, and why would the other two not work out? 37:42 – 44:23

Can you walk me through the three statements: give me an overview of the income statement, what items are on it, the balance sheet, what items are on it, and the cash flow statement, what items are on it? How are they interlinked? 21:00-24:05

If you were looking at Nokia, one-year period, cash flow is half of net income, what are the reasons that could cause this to happen? 23:13-25:02

Can you name the 3 financial statements? 14:23 – 15:05

Where would I find Operating Expenses? 15:06 – 15:12

Accumulated Depreciation? 15:12 – 15:20

And Shareholder equity? 15:21 – 15:40

What is the equation fore the balance sheet? Something plus something right? 15:41 – 16:05

How do the three statements relate? How do they link? 16:06 – 16:47

Switching to the cash flow statement … what happens in a cash flow statement? 18:44 – 19:31

Going to the balance sheet, how would the increase in deprecation affect the balance sheet? 19:32 – 20:30

Where would you find capital expenditures? 17:04 - 17:24

Where would you fine depreciation and amoitization 17:25 - 17:58

How the financial statements relate to each other? 17:58 - 19:10