Write a 350- to 700-word summary in which you do the following:
• Identify the four basic financial statements. • Describe the purpose of each of the four financial statements. •
Discuss how the financial statements would be useful to internal users such as managers and employees. • Discuss how the financial statements would be useful to external users such as investors and creditors.
Format the summary consistent with APA guidelines. Provide at least two citations/references to indicate the source of the information.