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Charter Communications, Inc.: The Four Primary Financial Statements

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Primary financial statement consists of four basic overviews that are commonly used by investors, creditors, debit collectors, and accounting. The income statement shows revenues, expenses, losses, and gains within a period. The income statement is normally considered the most valuable to the process. The Balance sheet will show liabilities and assets of economic resources. Third is the statement of cash flow, and this will give a full report of inflow and outflows of what the money was used for. Lastly the statement of stockholder’s equity that allows them to see the amount of income invested in future growth. Financial statements are prepared normally quarterly or annually. This will generate a balance sheet which is vital for the primary …show more content…

Debt obligation is a common example. This involves the stock in the existing company and marketing.” (Boston: McGraw- Hill.) Charter Communications, Inc. that we know today was founded in 1993, however the company has been around since the 1940s in small business and homes. Today Charter is the second largest cable provider on the United States of America, and recently bought out Time Warner Cable moving them into this position in 2016. “Charter is at the intersection of technology and entertainment, facilitating essential communications that connect more than 26 million residential and business customers in 41 states. Our commitment to serving customers and exceeding their expectations is the bedrock of Charter’s business strategy and it’s the philosophy that guides our 94,000 employees.” Charter Communications Newsroom (2017) Charter Communications, Inc. also known as Spectrum offers a larger number of services, and plans to meet everyone’s needs for personal and business Charter provides High Definition Television with DVR services, Internet starting at 60 Mbps to 100 Mbps with live streaming abilities, Telephone or Voice as Charter calls the product with local and local distance

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