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Preparation of interoffice memorandum.
Assume you are a financial manager with U.S. Corporation. Suliman is recently employed manager in the Middle Eastern division of your corporation and a visitor to the United States. He has little familiarity with in the United States. Your boss has given you the responsibility of explaining financial reports to Mr. Suliman.
Required
Write a short report describing each of the four basic financial statements for Suliman. Make sure you are clear about the purpose for each statement and its contents. Also, consider the information these statements provide about a company's resources.
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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