The value (in cents) of shares, x years after their flotation on the stock market, is modelled by V = 6e^0.8x Find the increase in the value of these shares, to the nearest cent, 4 years and 2 months later. O A, 168 O B, 167 Oc. 173 O D, 162 O E. 172

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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.