Saturday, August 15, 2009

Definition 2: Do financial statements help in Financial decisions and corporate valuation

Financial performance: refers to the economic success of Compass Group PLC, Toronto Dominion Bank, Harris Corp, Morgan Stanley, and Boeing Co over five consecutive years.

Financial flexibility: refers to Compass Group PLC, Toronto Dominion Bank, Harris Corp, Morgan Stanley, and Boeing Co capacity to raise cash through methods other than operations, which could include short- and long term borrowings, issuing equity, or setting assets.

Financial condition: refers to the economic strength of Compass Group PLC, Toronto Dominion Bank, Harris Corp, Morgan Stanley, and Boeing Co as of 20004 to 2008 periods.

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