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There is no definitive answer the question is meant to assess whether the candidate can apply the knowledge they have gained to the case study. The three objectives of analysis and interpretation of financial statements are.

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The basic financial statements balance sheet PL account cash flows in annual reports are often presented in their aggregated form ie.

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 On Accounting Test Bank Free The following are extracts from the income statement for the year ended 31 December 2009 and the balance sheet as at 31 December 2009.
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