Introduction to SCM

Accounting Equation, Balance Sheet, Income Statement and Cash-Flow Statement

M1-17
 
 
 
 
 
 
 

1. Write accounting equation.
2. List the three financial statements.
3. Explain the elements of balance sheet.
4. Explain the components of income statement.
5. Explain the cash-flow statement.
6. Why should a supply chain professional master the financial statements?

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