Write a paper of no more than 700 words discussing the four different types of financial statements. Explain the information provided by each financial statement and include your responses to the following questions:
Which financial statement, or statements, would be of most interest to investors?
Which financial statement, or statements, would be of most interest to creditors?
Which financial statement, or statements, would be of most interest to management?
Format your paper consistent with APA guidelines.
Resources: Accounting and The Successful Business Plan, and the Electronic Financial Worksheets (EFW) Excel spreadsheet and EFW Help PDF file on the course materials page.
Read the financial statement for Tootsie Roll Industries Inc. in Appendix A of Accounting and EFW Help PDF file on the course materials page.
Review the 19 sections that comprise the Sample Plan in the table of contents of The Successful Business Plan, and refer to each of these specific section s within the text for further information.
Conduct an Internet search information on how to assemble a loan package by researching loan package requirements at The U.S. Small Business Administration website (http://www.sba.gov/) or on other websites, such as the SCORE website (http://www.score.org/).
Research the specific loan package requirements of creditors, such as American Express, by reviewing their websites.
Complete the EFW spreadsheet using the Tootsie Roll financial data in Appendix A of Accounting. Be sure to: * Use only the applicable worksheets within the EFW spreadsheet; worksheets not applicable may be left blank. * Refer to the information contained in EFW Help for assistance in completing the EFW spreadsheet. In addition, help is
