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Question 3 a. Discuss the purpose of the income statement, the balance sheet, and the statement of cash flows. (9 marks) b. Identify and describe

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Question 3 a. Discuss the purpose of the income statement, the balance sheet, and the statement of cash flows. (9 marks) b. Identify and describe each of a company's four key financial objectives. (8 marks) c. Outline differences between a heterogeneous and a homogeneous founding team and identify which type of team has the advantage. (8 marks) [Total : 25 Marks]

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