Comparison of Financial Data

Financial statements are precious summaries of financial activities because they can organize information and make it easier and clearer to see and therefore to understand. The income statement, cash flow statement, and balance sheet each one conveys a different aspect of the financial picture. When we put together these all aspects then the picture is pretty complete. The three provide a summary of earning and expenses, of cash flows, and of assets and debts. We can make Comparison of Financial Data by a ratio analysis