Which of the following best describes why firms produce financial statements? OA. to use as a tool when planning future investments within the firm OB. to provide interested parties, both inside and outside the company, with an overview of the short- and long-term financial condition of a business OC. to provide a means of enticing new investors to a firm OD. to determine managerial performance OE. to show what activities the company has undertaken in the previous financial year, and what activities are planned for the near future