Paper Abstract
This 4 page paper is written in two parts. The first compares the balance sheets, income statement and statement of cash flow of three companies; Microsoft, ExxonMobile and Ford, looking at the similarities and difference and determining which are the most useful. The second part considers whether the traditional measurement of profit is sufficient or if there should be increased emphasis on cash flow when accessing the performance of a company. The bibliography cites 3 sources.
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