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What decisions would be difficult to take on the basis of just the information reported in...

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Accounting

What decisions would be difficult to take on the basis of justthe information reported in their balance sheet?

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BALANCE SHEET IS A PART OF FINANCIAL STATEMENTS Financial statements include Profit and Loss ac cash flow statement and notes to account Profit and loss helps us understand operating result of a company in detailWhich can not be understood by Balance SheetProfit and loss helps us understand what forms significant part of cost and revenueWhich can not be understood by Balance SheetTherefor decision on cost cutting or increasing sales    See Answer
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