Assume that the demand curve D(p) given below is the market demand for widgets: Q= D(p) = 1737 16p, p> 0 %3D %3D Let the market supply of widgets be given by: S(p) = - 5 + 10p, p> 0 where p is the price and Q is the quantity. The functions D(p) and S(p) give the number of widgets demanded and supplied at a given price.

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Financial Statements

Financial statements (or financial reports) are the formal records of the financial activities that are undertaken by a firm. They are convenient instruments used for analyzing a company’s financial position and performance. Financial ratios are created with the help of the numerical values that are derived from the financial statements. They give meaningful information about the financial performance of the company.