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accounting 100 discussion question
Chapter Discussion Questions: At the beginning of the chapter, there is a short paragraph about Carnival Corporation. My ques
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One should recognize that financial statements can be used to evaluate net profit or loss, return on investments, expense trends, or growth in company net assets. The income statement is used to measure net income or loss, while the balance sheet can be used to measure growth in assets or liabilities. Executives and managers would use financial statements to make decisions about expanding business, investing in new ventures, or hiring new employees.

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