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A) to use as a tool when planning future investments within a firm
B) to increase the intrinsic value of a firm
C) to provide a means for interested outside parties such as creditors to obtain information about a firm, with an overview of the short- and long-term financial condition of a business
D) to show the daily activities a firm has undertaken in the previous financial year, and what activities are planned for the near future
Option C is the right answer.
I will go with no (C) to provide a means for interest outsiders such as creditors and investors to obtain information about the firm, with an overview of the short/ long-term finanical conditions.
C------------------------------------------------------------
the third option C is correct answer
A to use as a tool when planning future investments within a firm
i wiil go with (C) & (D).
C) to provide a means for interested outside parties such as creditors to obtain information about a firm, with an overview of the short- and long-term financial condition of a business
D) to show the daily activities a firm has undertaken in the previous financial year, and what activities are planned for the near future
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