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Fundamentals of Financial Manageme...
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Fundamentals of Financial Manageme...
Who are some of the basic users of financial statements, and how do they use them?
To identify: The basic users of financial statements and the way they use the financial statements.
Introduction:
Financial Statements: A part of annual report is used to report the financials data of the company for an accounting period. Financial data is reported by balance sheet, income statement, statement of stockholder’s equity, and cash flow statement. These four statements are called financial statements.
- The management is keen to analyze company’s performance as it reflects the effectiveness and efficiency of management...
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