Financial statements aim to provide reliable information to a diverse group of users. Information must be enough for internal and external users to make decisions, but not so much that a company reveals its operating processes and competitive advantage to external users.

Instructions

With the class divided into groups, answer the following questions as if you were a regional sales manager for Metro Inc.:

(a) What information is contained in the company's financial statements that is important to the position of sales manager? Consider both a short-term and a long-term perspective in your answer.