Question

what do you understand about financial position ​

Answer 1

Answer:

Financial position is the current balances of the recorded assets, liabilities, and equity of an organization. ... More broadly, the concept can refer to the financial condition of a business, which is derived by examining and comparing the information in its financial statements.

Answer 2

Explanation:

Financial position is the current balances of the recorded assets, liabilities, and equity of an organization. ... More broadly, the concept can refer to the financial condition of a business, which is derived by examining and comparing the information in its financial statements.