The annual financial statements of companies are used by various parties for a wide variety of purposes.

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The annual financial statements of companies are used by various parties for a wide variety of purposes. Discuss which of the three statements of income, financial position and cash flows would be of most interest to

(a) A loan creditor

(b) A trade creditor.

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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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Question Posted: Nov 02, 2022 02:16 AM

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The annual financial statements of companies are used by various parties for a wide variety of purposes.

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a A lo an creditor A loan creditor would be most interested in the financial pos...View the full answer

Financial Accounting And Reporting

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