It is important for managers to analyze their company's financial statements so that they can anticipate and answer questions from investors and creditors.

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Managers need to have a clear understanding of their company's financial statements in order to make informed decisions and communicate effectively with external stakeholders such as investors and creditors. By analyzing financial statements, managers can identify trends, strengths, and weaknesses within their company's financial performance, and use this information to respond to inquiries from investors and creditors.

It Is Important for Managers to Analyze Their Company's Financial