Question: Assume you are working part-time for a small business that does not make any use of financial statements. Based on your knowledge after studying Chapter
Assume you are working part-time for a small business that does not make any use of financial statements. Based on your knowledge after studying Chapter 1, write the owner a brief business memo in good form that identifies the two major goals of a business. In the memo, explain how financial statements can help the owner achieve these goals. Be sure to tell which statements relate to each of the goals?
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