Describe how the financial statements the income statement, Accounting Basics

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Describe how the financial statements the income statement

Describe how the financial statements (the income statement, statement of retained earnings, balance sheet and statement of cash flows) are interrelated.Provide at least two examples.

If you were an investor, would you place more emphasis on any one particular financial statement? Explain your answer.

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Accounting Basics: Describe how the financial statements the income statement

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