Imagine that you are trying to decide whether or not to invest in the shares of a
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Imagine that you are trying to decide whether or not to invest in the shares of a large company. To help you make this decision you have obtained the company's published financial statements for the last five years.
(a) What are the two main types of information that you would expect to find in these financial statements?
(b) Do you think that the statements will provide you with all of the information that you need? If not, why not?
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