financial statements are a critical part of business. Financial statements, in general, informs the organization of how much money is going out and how much money is coming in. If the money coming in does not exceed the money going out, the organization is in jeopardy of going out of business.
What I have learned close Gap Inc. is that income has risen consistently since the recession started back up
in 2008. On the balance canvass rate of flow liabilities and current assets must be equal. For years 2010 and 2011 Gap Inc. balance sheet has equaled. Cash flow amounts for Gap Inc. are at competent levels with big jumps in 2009. There is not much that concerns me about Gap Inc. I know from working at banana tree Republic that the Gap brand was suffering because of not so attractive product lines.
The financial statements have eliminated any concerns that I had about Gap Inc. financial stability.
Gap Inc. is number ii among Fortunes Specialty Retailers, only behind T.J. Maxx and above The Limited Brands which once owned Express (mens and womens). The financial health of Gap Inc. is looking good considering the decrease in sales because of sad product and the recession of 2008. Retailers were hit by the recession, but T.J. Maxx fellowship seemed to not be phased. This added to T.J. Maxx bottom line when I researched the caller-ups financial statements. T.J. Maxx and its brand Marshalls are discount stores. It is no secret that discount store flourish in a...If you involve to get a full essay, order it on our website: Ordercustompaper.com
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