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Attached is a accounting discussion question. Just need a one page answer. Due tonight in 3 hours... This is the last of four discussion questions
Attached is a accounting discussion question. Just need a one page answer. Due tonight in 3 hours...
This is the last of four discussion questions you will have this semester worth 10 points each. Your grade will be based on how well you support your answer. I am not expecting really lengthy answers. Limit your answers to one page. Be careful, you will only have one chance to post your answer and all of us will eventually be able to read it. You will be able to read your classmates' discussions after you have posted your answer. Assume you have just won the lottery and have some cash to invest in a publicly traded company. If you could have access to only one of the four required financial statements (income statement, balance sheet, statement of cash flows, or statement of retained earnings), which would be the most useful to you? Explain your answer. (Obviously this is not a realistic situation since you would have access to the entire set of financial statements and other information for a public company. I am interested in hearing your thoughts about the financial statements now that you are almost finished with this class. There is no right or wrong answer as long as you choose one and explain your answer.)Step by Step Solution
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