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Financial analysis
The purpose of financial statements is to provide information to all the users of these accounts to assist them in their decision-making. It has to be concerned that most users will only have access to published financial statements.
Interpretation and analysis of financial statements involves identifying the users of accounts, examining the information, analysing as well as reporting in a format which will give information for economic decision-making.
Cash flow statement: The cash flow statement summarises the flow of cash into and out of the business over a certain period of time. The cash flow statement measures the liq
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