Finance 419 (FIN 419)
Business Finance
Principles of Managerial Finance
Brief Fourth 4th Edition
Lawrence J. Gitman
Prepare responses to the following problems from the text:
Chapter 2
P2-1. LG 1: Reviewing Basic Financial Statements
The income statement for the year ended December 31, 2006, the balance sheets for December 31, 2006 and 2005, and the statement of retained earnings for the year ended December 31, 2006, for Technica, Inc., are given on pages 82 and 83. Briefly discuss the form and informational content of each of these statements. AND SO ON
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