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Compare and contrast the balance sheet, income statement, and statement of retained earnings, and statement of cash flows. What are these financial statements used for?

Compare and contrast the balance sheet, income statement, and statement of retained earnings, and statement of cash flows. What are these financial statements used for?

image text in transcribed Threaded Discussions Each course requires students to participate in weekly threaded discussions initiated and led by the course faculty. Threaded discussions consist of a topic statement or question posted by the faculty that students should research and respond to - a typical response to a faculty statement/question should consist of 100-200 words in a single-spaced format. Responses should be well researched and appropriately worded and should reflect analytical and critical thinking skills. During the course of the lesson, students are required to post at least two (2) responses within the threaded discussion assigned for that lesson - the first response must be to the Faculty; the second response can be directed either to the Faculty or to other students in the class. Both responses must be posted by midnight on Sunday. Threaded discussions will be monitored by Faculty every two (2) days with feedback provided to students each week. At the end of each week, student participation in the threaded discussions will be graded and posted to individual student accounts. Participation in the threaded discussions is mandatory and the grades earned/posted will count towards the overall course grade

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