Google, like any other company, uses the three financial statements model to represent its financial data. The balance sheet shows Google's assets, liabilities, and shareholders' equity at a specific point in time. The income statement reveals the company's revenues, costs, and profits over a period. The cash flow statement provides a view of the company's cash inflows and outflows during a period. These statements together tell a story about Google's financial health and performance. For instance, a consistent increase in net income on the income statement would indicate growing profitability. Similarly, a strong cash flow could suggest good liquidity. However, to get a comprehensive understanding of Google's performance, one would need to delve into the details of these statements and possibly compare them with those of other similar companies.
How to clearly show the performance of your organization with numbers? The three financial statement...
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