Balance sheets encourage better management practices

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How can the information from income statements and balance sheets encourage better management practices? After all we are not simply crunching numbers for the sake of crunching numbers. They typically can be applied to things. They can tell us stuff. Let's talk about it. Let's think about how this information can be applied to help run a business better, solve a problem, run a project better, etc.

Reference no: EM13972441

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