1) Describe the purpose of the balance sheet and how this information is useful to the stakeholders of the corporation.
2) Please describe the information presented on the statement of cash flows. Why is this information important for the stakeholders of a corporation?
(500-550 words in word document with references 6 years or less old)(Please follow APA format) Please 3 references from journals or books will be appreciated. Write everything in own words.
Chapter 3 Questions & Problems: 3, 4, 8, 9, 14
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