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W3: Financial StatementsConsider the three different categories ofpeople who read financial statements – financial analysts, creditors, andinvestors. Choose one category and provide examples of the...

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W3: Financial Statements



Consider the three different categories of
people who read financial statements – financial analysts, creditors, and
investors. Choose one category and provide examples of the types of information
the person would be interested in. Explain why each type of information may be
important to the person.

Answered 9 days After Nov 08, 2022

Solution

Rochak answered on Nov 18 2022
58 Votes
The category I have chosen is ‘Financial Analyst’.
Financial analysts are one of the most important people who read financial statements as they are the ones who manage a lot of money from many small investors who trust the financial analyst to provide them with the right information which will help them make better financial decisions.
The information financial analyst will be interested are:
· Profit and loss information which will make sure whether the company is making profits or not
· Liquidity...
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