which off the following get benefit from financial statements
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Because financial statements help you to see a snapshot of your company's financial position, they are decision-making tools. Financial statements show business trends, the rate at which you are collecting receivables, the rate at which you are paying creditors and any cash flow problems.
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Answer:
Key advantages of financial statements:
Key advantages of financial statements:Review of cash flow: It shows the financial solvency and the ability of the company to pay liabilities to pay its liabilities. ... Lenders look at the financial statements and determine the prospect of business on the basis of revenues, assets, and liabilities.
Explanation:
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