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November 25, 2020
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November 25, 2020
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Accounting

Your task is to assume you are either a creditor (i.e., loan officer) or an investor (i.e., stockholder) and from the viewpoint of whichever you choose, rank the four basic financial statements in order of their perceived usefulness to make a decision (i.e., provide a loan, buy stock, etc.).  Give at least two reasons to support your ranking. This part should be no less than 60 words but no more than 120 words.

Part 2:
Propose an alternative ranking order.
Provide at least one good reason to support your proposed alternative ranking order.

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