help me out someone…
this is a discussion post and need to be at a minimum 400 word
Describe the key differences between financial accounting and managerial accounting.
You have a company’s balance sheet, its income statement, and its statement of cash flows. Which would you refer to if:
You wanted to know if a company made a profit last year?
You wanted to find out whether the firm had any intangible assets?
You wanted to know why its cash balance had changed over the past year?
You wanted to know how much debt the firm had used to finance its assets?
You wanted to know what the firm’s operating expenses were for the past year?
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