Pick which of the following statements is \ are true:
a. Financial statements provide measures of the success or failure of the firm’s strategies and policies, quantified in financial terms. Such information is valuable to the firm’s managers, as well as to stock and bond analysts, potential investors, bank loan officers, and competitors.
b. Some of the real useful features of the financial statements come from the help they provide in predicting the firm’s future earnings and dividends.
c. A firm’s management reviews its financial statements to determine if progress is being made toward company goals.