Many groups analyze financial statements to make decisions. Required: 1. Explain why a person who is selecting

Question:

Many groups analyze financial statements to make decisions.

Required:

1. Explain why a person who is selecting an employer should be sure to view and analyze the company’s financial statements.

2. Explain why a business that is considering selling goods or providing services to another business should review the company’s financial statements.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...