Unit 6 Discussion Post 1 Reply To: Denisha Smith H

Unit 6 discussion post 1Reply to: Denisha SmithHi Smith,A publicly traded company is a big deal in the market; therefore, income statements, cash flow, and balance sheet are very important. The element of profit and money in out of a business very important, why after examining the income statements and cash flow, a public company must publish a balance sheet for the public to understand the health of a business. In the case of a spa and beauty parlor, income statement and cash flow are very important because they would determine, whether the business survives the competition or not. I like your advice to your friend, especially about cash flow, because cash flow is everything in terms of the nature of the business. I enjoyed reading your post.Reply to: Good Day, Stacey,Good Day, Stacey,Inventory and accounting are very important factors that determine the health of a business. Therefore, income statement, cash flow statements and balance sheet are the most important financial statements for a publicly traded company. Thinking short term goal is a good way for your friends business to restructure and focus on bringing more money in the company as opposed to sending out nurses. I