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What are the objectives of financial statements? What are the limitations of financial statement analysis? Discuss the need for comparative analysis and how it affects

  1. What are the objectives of financial statements?
  2. What are the limitations of financial statement analysis?
  3. Discuss the need for comparative analysis and how it affects decision-making in the workplace?
  4. Identify 3 different tools of financial statement analysis, describing each in detail with an example of the tool illustrated

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