3 Statement financial model
A 3 Statement financial model is a basic financial tool combining all the financial statements of a company, such as the income statement, balance sheet, and cash flow statement into an easily readable and documented framework. This model gives an integrated view of the financial health of a company. These statement models are essential to most of the business functions that require decision-making processes, analysis of the company, and strategic financial planning for the operations of the business. In this blog, we are going to look at some of the major concepts related to this specific financial model, its components, steps for building the model, and its applications in the real world.
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