1. Evaluate at least (2) factors that make financial statement analysis essential to management, investors, and creditors. Provide a rationale for your response.

2. Imagine you are considering investing in a corporation. Examine the key information you would look for in a companys financial statements and explain why this information would be important to you. Suggest at least two (2) financial statement analysis tools you would use to evaluate this companys financial statements. Provide a rationale for your suggestions.