1.Why do firms disclose financial information? 2. Who reads financial statements? List at least three different categories...
Fantastic news! We've Found the answer you've been seeking!
Question:
1.Why do firms disclose financial information?
2. Who reads financial statements? List at least three different categories of people. For
each category, provide an example of the type of information they might be interested
in and discuss why.
3.What is the purpose of the balance sheet?
4.What is the purpose of the income statement?
5.How does the statement of cash flows differ from the income statement?
Posted Date: