1. If you ,as an Investor, can choose either a three year comparative balance sheet or income statement which would you prefer? Explain briefly.
2. As a CFO of a company what important information is on an income statement that is not on a balane sheet ? Explain Briefly.
3. As an Investor what important information is on the balance sheet that is not on the income statement? Explain briefly.

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1 I would choose an income statement over a comparative balancsheet in this scenarioThe most important financial statement for the majority of users w... View the full answer