March 28, 2023
Functional balance sheet for financial and accounting analysis: definition, example and Excel template
It shows in one place how much the business owns (assets) and owes (liabilities). The report is used by business owners, investors, creditors and shareholders. It lets you see a snapshot of your business on a given date, typically month or year-end. C. Profitability Ratios Generally, sales growth, whether rapid or slow, dictates a larger asset base—higher…