a. Explain in detail the importance of analyzing the income statement (What does the income statement tell the users? You can elaborate on the different sections of the income statement) Answer in 230 words

b. Explain why the analysis of the Balance sheet is important (What does the balance sheet tell the users? You can elaborate on the different sections of the balance sheet). Answer in 230 words.

c. Whats the use of the notes section of the financial statements. Provide an example of something that you would consider putting in the notes section. Answer in 230 words.