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

User NameOfTheRose
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14 votes
14 votes

Answer:

Step-by-step 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.

User Hamidreza Nikoonia
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