Question.2196 - Write a brief journal that introduces the business you chose for your Project Two assignment. Specifically, you must address the following rubric criteria: Business Selection: Describe the business you chose, including the business name and what the business offers consumers. Financial Statements: Using Mergent Online, download and submit a copy of the balance sheet, the income statement, and the cash the business you chose. Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine the Cash Flow Management: Explain why cash flow management is important to a business and its financial health. Use a financial news support your claims.
Answer Below:
Johnsons xxxxxxxxxxx my xxxxxxx Two xxxxxxxxxx I xxxx chosen xx focus xx Johnson xxxxxxx JNJ xx the xxxxxxxx of xxxxxxxx An xxxxxxxxxxxxx healthcare xxxxxxxxxxxx called xxxxxxx Johnson xxxxxxxx clients xxxx a xxxxx of xxxxxxxx and xxxxxxxx It xxxxxxxx in xxxxx major xxxxxxxx pharmaceuticals xxxxxxx devices xxx consumer xxxxxx Few xxxx -known xxxxxxxx and xxxxxx offered xx the xxxxxxx are xxxx aid xxxxxxxxxx Tylenol xxxx care xxxxxxxx etc xxx company xx known xxx its xxxxxxxxxx healthcare xxxxxxxxx including xxxxxxxxxxxx drugs xxxxxxxxxxxxxxxx medications xxxxxxx devices xxx consumer xxxxxx products xxxxxxxxx Statements xx learn xxxx about xxx financial xxxxxxxx of xxxxxxx Johnson x accessed xxxxxxx Online xxx downloaded xxx financial xxxxxxxxxxx cash xxxx statement xxxxxx statement xxx balance xxxxx company xxxxx financial xxxxxxxxxx provide x comprehensive xxxx of xxx company's xxxxxxxxx position xxxxxxxxxxxxx and xxxx flow xxxxxxxxxx Importance xx Financial xxxxxxxxxx The xxx of xxxxxxxxx statements xx company xxxxxxxxxxxxxxx is xxxxxxxxx They xxxx an xxxxxxxx of x business's xxxxxxxxx situation xxx performance xxxxxxxx stakeholders xx evaluate xxx profitability xxxxxxxxx and xxxxxxxx These xxxxxxxxxx help xxxxxxxxxx track xxxxx revenues xxxxxxxx assets xxxxxxxxxxx and xxxxxx over x specific xxxxxx By xxxxxxxxx financial xxxxxxxxxx businesses xxx assess xxxxx operational xxxxxxxxxx identify xxxxx of xxxxxxxxxxx make xxxxxxxx strategic xxxxxxxxx attract xxxxxxxxx and xxxx regulatory xxxxxxxxxxxx Cash xxxx Management xxxxxxxxx cash xxxx management xx vital xxx the xxxxxxxxx health xxx sustainability xx a xxxxxxxx Cash xxxx represents xxx movement xx cash xxxx and xxx of x company xxxxxxxxxx its xxxxxxx to xxxxxxxx and xxxxxxx cash xxxxxxxxx Positive xxxx flow xxxxxxx that x business xxx meet xxx short-term xxxxxxxxxxx invest xx growth xxxxxxxxxxxxx and xxxxxxxxx financial xxxxxxxxxx Cash xxxx management xxxxx businesses xx various xxxx It xxxxxxx them xx monitor xxx control xxxxx cash xxxxxxx and xxxxxxxx ensuring xxxxxxxxxx liquidity xxx day-to-day xxxxxxxxxx payment xx expenses xxx timely xxxxxxxxxx of xxxxxxxxxxx By xxxxxxxxxxx cash xxxx businesses xxx anticipate xxxxxxxxx cash xxxxxxxxx or xxxxxxxxx enabling xxxx to xxxx proactive xxxxxxxx to xxxxxxx liquidity xxxx or xxxxxxxx excess xxxx Additionally xxxxxxxxx cash xxxx management xxxxxx businesses xx assess xxxxx financing xxxxx evaluate xxxxxxxxxx opportunities xxx make xxxxxxxxx regarding xxxxxxx allocation xxxxxxxxx News xxxxxxx According xx a xxxxxx financial xxxx article xxxxxxx Johnson xxxxxxxx strong xxxx flow xxxx operations xx its xxxx recent xxxxxxx The xxxxxxx attributed xxxx positive xxxx flow xx increased xxxxx and xxxxxxxxx cost xxxxxxxxxx This xxxxxxxxxxxx how xxxxxxx cash xxxx management xx in xxxxxxxx a xxxxxxxxx financial xxxxxxxxxx and xxxxxxx to xxxxxxxx sustainable xxxx flows xx conclusion xxxxxxx Johnson xx a xxxxxxxxxxxxx healthcare xxxxxxx recognizes xxx critical xxxxxxxxxx of xxxxxxxxx statements xxx effective xxxx flow xxxxxxxxxx in xxxxxxxxxxx its xxxxxxxxx health xxx sustaining xxx position xx a xxxxxx in xxx industry xxx analysis xx financial xxxxxxxxxx provides xxxxxxxx insights xxxx the xxxxxxxxx financial xxxxxxxxxxx enabling xxxxxxxxxxxx to xxxxxxxx its xxxxxxxxxxxxx liquidity xxx solvency xx closely xxxxxxxxxx its xxxxxxxxx statements xxxxxxx Johnson xxx assess xxx operational xxxxxxxxxx identify xxxxx for xxxxxxxxxxx and xxxx informed xxxxxxxxx decisions xxxxxxxxxxxxxxxxxx Johnsons xxxxx johnsonandjohnson xxxxxxx com xxxxxxxxxxxx dfdf xx b- xx - xx e xxxxxx www xxx com xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx th-annual-strategic-decisions-conferenceFinancial xxxxxxxxxx Standards xxxxx FASB xxxxx www xxxx orgMore Articles From Finance
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