For each financial statement offer an example(s) of how the data/information in the statement informs management, drives business decisions, shapes policy, and keeps profit margins growing.

How might investors and analysts use the information from financial statements to make decisions about a firm’s strategy, creditworthiness, and economic situation?

Answer rating: 100% (QA)

Income Statement Informing Management The income statement provides management with crucial information about the companys revenue expenses and profitability It allows them to assess the financial hea... View the full answer