Discussion: Analysis To Common-Size Statements
Address each of the following points about financial statements and financial statement analysis in a 750- to 1,050-word paper in APA format:
i. The major purposes of financial statements.
ii. The type of information financial statements provide
iii. The limitations of financial statements.
iv. The outside factors upon which the conclusions drawn from these statements are reliant
v. How items in common-size statements are presented.
vi. How ratios in ratio analysis are computed and used
vii. Why most financial analysts prefer ratio analysis to common-size statements.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.