Income statements report the results of operations over a period of time and it provides information about earning per share. That is why investors are interested in this report the most. Similarly, statement of cash flow statement reports useful information about the effect of operating, investing and financing activities on cash flows over an accounting period. This type of report is more interesting to managers than investors. Balance sheets, on the other hand, shows the companies snapshot of the firm financial position at a particular point in time regarding assets, liabilities and equity. …show more content…
Walgreen pharmacies have effectively dominated the retail pharmaceutical market in the US for the last several years. Walgreens has made roughly $45 billion a year in prescription drug sales since 2013 which was roughly 20% of the total retail pharmacy sales in the US in 2013. Walgreen saw a substantial growth in both their total revenue from net sales net sales increase by $27,052 million and Sales were $6.48 billion for FY 2015, an increase of 9.4%. Since 2000, the total revenue for Walgreen has tripled and their prescription drug revenue has nearly quadrupled. The company operating income increase by $474 million FY