Explain the difference between financial reporting and financial statements
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Explain the difference between financial reporting and financial statements
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Answer one of the Discussion Questions (explain it) . And please tell me which number of the question you answered.
1. Explain the difference between financial reporting and financial statements.
2. What ratios would you compute to evaluate management performance?
3. How does inventory turnover provide information about a company’s short-term liquidity?
4. What does a relatively high accounts receivable turnover indicate about a company’s short-term liquidity?
