Southern New Hampshire UniversityFIN- 320 01:43:52 GMT -05:00Microsoft is the company that I chose for this course's final project. Microsoft began as a computer company and has since grown to become one of the world's largest software license sellers. Microsoft has also expanded its server management and enterprise software offerings. • Total assets: $484,275 million • Total liabilities: $231,123 million • Currentassets: 163,889 million • Current liabilities: 85,691 million • Net income: $86,181 million • Shares outstanding: 7,441 million • Earnings per share (EPS): 11.5 million.Total revenue: 236,584m Shareholder’s Equity: 253,152mFinancial statements are critical for businesses to understand their operational needs and expectations. Cash flow management is critical for keeping a business running. A company, like an individual, can quickly fall into financial trouble if it mismanages its cash flow and incurs excessive debt. The majority of corporate bankruptcies result from debt levels that are too high to sustain or reduce cash flow. Wages help a company control its outflows. Most layoff announcements lead to an increase in share price because investors value the increased financial flexibility they provide. Dyson is an example of a company undergoing a major layoff. Dyson intends to lay off 1,000 employees