6.5 (0) Shirley Sixpack, as you will recall, thinks that two 8-ounce of beer are exactly as good as one 16-ounce can of beer. Suppose these are the only sizes of beer available to her and that she has $3 spend on beer. Suppose that an 8-ounce beer costs $.75 and a 16-o beer costs $1. On the graph below, draw Shirley's budget line in blue and draw some of her indifference curves in red. 8-ounce cans

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Financial Statements

Financial statements (or financial reports) are the formal records of the financial activities that are undertaken by a firm. They are convenient instruments used for analyzing a company’s financial position and performance. Financial ratios are created with the help of the numerical values that are derived from the financial statements. They give meaningful information about the financial performance of the company.