What are the major purposes of financial statements

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Reference no: EM132451733 , Length: word count :- 1050

Address each of the following points about financial statements and financial statement analysis in a 750- to 1,050-word paper in APA format:

1. The major purposes of financial statements

2. The type of information financial statements provide

3. The limitations of financial statements

4. The outside factors upon which the conclusions drawn from these statements are reliant

5. How items in common-size statements are presented

6. How ratios in ratio analysis are computed and used

7. Why most financial analysts prefer ratio analysis to common-size statements

Cite at least two sources other than your text.

Reference no: EM132451733

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