Describe the purpose of the balance sheet and how this information is useful to the stakeholders of the corporation. Please describe the info

Describe the purpose of the balance sheet and how this information is useful to the stakeholders of the corporation. Please describe the info

1) Describe the purpose of the balance sheet and how this information is useful to the stakeholders of the corporation.

2) Please describe the information presented on the statement of cash flows. Why is this information important for the stakeholders of a corporation?

Answer preview for Describe the purpose of the balance sheet and how this information is useful to the stakeholders of the corporation. Please describe the info

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