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7. EXPLAIN THE USEFULNESS OF FINANCIAL STATEMENTS FOR FINANCIAL DECISION MAKING IN PARTICULAR BOOK VALUES. 8. CASH FLOW STATEMENT REQUIRES AS MINIMUM INFORMATION THE BEGINNING AND ENDING BALANCE SHEETS AND AN INCOME STATEMENT FOR THE PERTIOD WHICH REFEREED TO AS NET CASH FLOW FORMAT. WHAT ARE THE STEPS IN PREPARING CASHFLOW STATEMENT USING THI SAID FORMAT. 9. IF YOU WERE TO DEPOSIT IN A SPECIAL SAVINGS ACOOUNT P2,000.00 OF YOUR 13TH MONTH PAY EVERY YEAR, HOW MUCH WOULD YOUR ACCOUNT BE AT THE END OF FIVE YEARS IF BANK PAYS SIX PERCENT INTEREST COMPOUNDED ANNUALLY? 10. CONSIDER A COMPANY WITH A TOTAL SALES REQUIREMENT OF 3,000 PIECES FOR THE NEXT THREE MONTHS, AN ORDERING COST OF P1,000.00 PER ORDER, AND A CARRYING COST OF P1.00 PER UNIT/ MONTH OR P3.00 FOR 3 MONTHS. WHAT IS THE ECONOMIC ORDER QUATITYY. INTERPRET THE RESULTS