Pfin (book Only)
6th Edition
ISBN: 9781337117029
Author: Billingsley, Randy; Joehnk, Michael D.; Gitman, Lawrence J.
Publisher: Cengage Learning
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Question
Chapter 2, Problem 1LO
Summary Introduction
To discuss: The relationship between the financial statement and financial plans.
Expert Solution & Answer
Explanation of Solution
The relationship between the financial statement and financial plans:
Thus, these two elements establish the relationship and present a guideline to attain the financial goals. The plan is obviously impacted in the statement.
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