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1. Why financial reporting is important for investors, creditors and other users? 2. What kind of ethical issues might managers face in dealing with confidential

1. Why financial reporting is important for investors, creditors and other users?

2. What kind of ethical issues might managers face in dealing with confidential information?

3. Please decompose Return on Assets into two components, and explain briefly each of these two components.

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1 Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of ... blur-text-image

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