andressainz2004
andressainz2004 andressainz2004
  • 13-05-2022
  • Business
contestada

In consumer finance, which of the following are primarily used? A. financial statements B. budgets C. both budgets and financial statements​

Respuesta :

davantesmith123456 davantesmith123456
  • 13-05-2022

Answer:

Explanation:

The most important financial statement for the majority of users is likely to be the income statement, since it reveals the ability of a business to generate a profit. The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.

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