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a) Metalwise plc has approached SupCon plc as a potential new main supplier of metal. Before entering into a business relationship with new customers, SupCon

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a) Metalwise plc has approached SupCon plc as a potential new main supplier of metal. Before entering into a business relationship with new customers, SupCon checks their creditworthiness based on their financial accounting information. In the case of Metalwise, SupCon so far has only seen the draft financial statements for the year ended 31 December 2020, which do not provide sufficient information for the credit assessment. In particular, SupCon's credit officer complains that "Metalwise's financial statements do not contain enough information to forecast cash flows. I want to see finer information." Required: Briefly explain the notion of 'fineness.' In addition, explain, using specific examples, which type(s) of information would satisfy the credit officer's request

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