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Meaning / Definition of

Financial Reports

Categories: Finance,

Reports commonly required from applicants request for financial assistance, e.g.: balance sheet - A report of the status of a firm's assets, liabilities and owner's equity at a given time. income statement - A report of revenue and expense which shows the results of business operations or net income for a specified period of time. cash flow - A report which analyzes the actual or projected source and disposition of cash during a past or future accounting period.

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