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Briefly discuss why firms issue financial statements, considering any one category of user interested in these statements. Using any one type of financial ratio as
- Briefly discuss why firms issue financial statements, considering any one category of user interested in these statements.
- Using any one type of financial ratio as an illustration, explain how financial statements offer a picture of a firms ability to serve as a good manager of invested funds.
- Discuss any one financial ratio that a financial institution might use to evaluate the the suitability of an applicant for a personal loan (as an example of one ratio, search for the term "debt-to-income ratio").
- Discuss the similarities between a corporate income statement and balance sheet and the documentation required of a mortgage loan applicant.
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