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Part IV: Small Business Connection (20 points including 5 points for example) How are financial statements used in small business? Would a small business use the information from its financial statements similarly or differently than a large business? How often do you thimk a small business reviews its financial information compared to a large business? For full credit, state a specific example of how a small business may use the information from its financial statements to help run its business or make a business decision. My suggestion is to use an example of a small business that you are familiar with