What are the FOUR (4) key financial statements that appear in most annual reports? Briefly describe the use of each statement. (8 marks) (b) Identify any FOUR (4) users of financial statements and describe how they would use such information? (10 marks) (c) You are the finance executive at Saw Co. The abstract below is part of Saw Co.'s financial data. Calculate the current and quick ratios of Saw Co., and explain the implications of these ratios to your supervisor.

Answer rating: 100% (QA)

Key Financial Statements in Annual Reports Income Statement Summarizes a companys revenues expenses and net income profit or loss over a specific period typically a quarter or year It reveals a compan... View the full answer