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This provides you specifics of how To judge the best way a company is moving. The economical statements are provided for a particular period of time and submitted on a specific day. The cash flow statement provide you with the effects with the running and non operating durations though the harmony sheet offers the financial standing with the conclusion of the economical phrase. Because supervisors are keen to understand if the business is progressing in a positive or unfavorable manner, there has to be a comparison between the figures of the prevailing year and former decades. To help you to make such a comparison, a comparative Investigation of economic statements is necessary.

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