Investors and Creditors

Question

Financial Statements

Describe the following financial statements and discuss what kind of information each contains, what does it measure and the importance to management, investors and creditors.

Balance 

SheetIncome Statement

Cash Flow

Question

Every finance textbook starts with the thesis that the fundamental goal of business is to create value for the company’s owners. Do you think this also applies in Saudi Arabia? If so, what are its implications and are there other stakeholders to be considered?

Search the library or the internet for an academic or industry-related article regarding this thesis and its implications in Saudi Arabia and Saudi Vision 2030.

For your discussion post, your first step is to summarize the article in two paragraphs, describing what you think are the most important points made by the authors (remember to cite the information, as appropriate). For the second step, include the reference listing with a hyperlink to the article. Please note, do not copy the article into your post and limit your summary to two paragraphs. Let me know if you have any questions. Enjoy your search.