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Compare and contrast the balance sheet

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Financial Statements:

Business owners and investors use the various financial statements such as the balance sheet, income statement, and statement of cash flows to make financial estimates and decisions. Compare and contrast the balance sheet, income statement, and statement of cash flows. Which one should business owners and investors be most concerned?

Could you provide me with a brief statement that discusses the importance of the various financial statements including the balance sheet, income statement, and the statement of cash flows? Would lenders, borrowers, business owners, buyers & sellers, analysts, and investors value each type of financial statement the same or would they rely on one more than another? Feel free to discuss and debate.

Reference no: EM132816187

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