analysis to common-size statements
Address each of the following points about financial statements and financial statement analysis in a 750- to 1,050-word paper in APA format: o The major purposes of financial statements o The type of information financial statements provide o The limitations of financial statements o The outside factors upon which the conclusions drawn from these statements are reliant o How items in common-size statements are presented o How ratios in ratio analysis are computed and used o Why most financial analysts prefer ratio analysis to common-size statements • Cite at least two sources other than your text. •