A marketing major has just asked you why accountants waste so much time preparing comparative financial statements when single-year statements should be sufficient.
Required:
Explain why single-year financial statements do not provide sufficient information for analysis and interpretation.

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The Answer of A marketing major has just asked you why accountants waste so much time preparing comparative financial statements when single-year statements should be sufficient.
Required:
Explain why single-year financial statements do not provide sufficient information for analysis and interpretation.

A Marketing Major Has Just Asked You Why Accountants Waste