Describe the three basic accounting statements

Reference no: EM13293534

1) Describe the three basic accounting statements. What types of information does each provide that can help you evaluate the situation?

2) Which of the financial ratios are likely to prove to be of greatest value in identifying problem areas in the company? Why? which of your company's financial ratios might you expect to be especially poor?

3) Discuss the limitations of ratio analysis.

Reference no: EM13293534

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