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1. List some of the reasons that financial analysis is conducted. Identify some of the participants that analyze the firm's financial statements. 2. Explain how

1. List some of the reasons that financial analysis is conducted. Identify some of the participants that analyze the firm's financial statements.

2. Explain how internally generated funds are used to reduce the need for external financing to fund asset investments.

3. What is cost-volume-profit analysis? How can a firm use it?

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