All public companies must open their annual reports to the public, which includes lenders and investors. Investors
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Question:
All public companies must open their annual reports to the public, which includes lenders and investors. Investors need to know the financial background of an organization before they make the decision to invest their funds. The use of the annual reports will assist them in their decision.
Explain the annual report and the information it contains.
Why is the annual report so important to investors?
Give two examples and explain the importance of the information.
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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