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Get and Sign Financial Statement - Department Of Financial Services - New York ... - DfsNy Form

Get and Sign Financial Statement - Department Of Financial Services - New York ... - Dfs Ny Form

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FINANCIAL STATEMENT NAME (APPLICANT, OFFICER, DIRECTOR, STOCKHOLDER OR INDIVIDUAL, AS APPLICABLE) ADDRESS To: THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES (DFS) The undersigned make(s) the...

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let's go over that example that I gave in the last video where I'm in this village and I start a bank to to kind of match up savers with investment opportunities and I actually want to do it one to two hit the point home a little bit more about how a bank makes money and I actually think this example is a very good instrument to actually teach you about a new financial statement that we really haven't I don't think I've covered it all much and that's the income statement so far you're familiar with balance sheets hopefully and now we'll learn what an income statement is so let's say that this is my balance sheet at the beginning of my first year of operation at the beginning of year one and let's see let me see if I can recreate it I think I had said that I had originally capitalized this company with a million dollars that was coming from my savings or maybe I went to ten of my friends and they gave me a hundred thousand each but we don't care about how that equity was raised all we k

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