What are the things we come to know of a company if we read the?
Profit and loss statement gives us an idea of the profitability of the company one can see both operating and extraordinary revenues separately and therefore gives us a better picture. Balance sheet shows the total assets and it's depreciation we can also find any change in estimates or change of policy in it. In cash flow one can find the company's cash flows as operating, Investing and financing cash flows. Here we can find other things like change in working capital or changes in the share capital borrowings etc