Explain the purpose of financial statement analysis


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Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. Students are required to:

• Explain the purpose of financial statement analysis for both external and internal users.
• Identify and describe three common tools of financial statement analysis.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Financial Management: Explain the purpose of financial statement analysis
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