The balance sheet and profit and loss statement are useful tools of financials analysis. What other type of financial statement may be useful?
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Cash flow statement is again a very useful tool for the financial analysis and predictions because through this the company can check what is the inflow and out flow of cash.
answered 4 months ago
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It's a statement of your net worth. It should contain a trial balance and your balance sheet facts. A statement is the complete picture of your financial state.
answered 4 months ago
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