Statement of financial position

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There are many users of accounting information, such as business owners, stockholders, customers, lenders, and suppliers. Among the financial statements is the statement of financial position. Answer the following questions about the statement of financial position:

What information can be obtained from the "statement of financial position?"

Do you think there is difference in the type of information that different users of this statement may find useful? Share two examples to justify your viewpoint.

Reference no: EM131014354

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