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The four basic financial statements for a company

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What do the four basic financial statements tell you about a company?

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This solution discusses the four basic financial statements for a company.

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Accounting is the means by which information about an enterprise is communicated and, thus, is sometimes called the language of business. Costs, prices, sales volume, profits, and return on investment are all accounting measurements.

Financial Statements are designed primarily to assist investors and creditors in deciding where to place their scarce investment resources. It is also used to help management to know the performance of organization.
Financial statements are useful tools for evaluating ...

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