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How Related - New Project 5

Decision Making
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How Related

How the Statements are Related and the Order Of Preparation
The financial statements are prepared in the following order:

1. Income Statement

2. Capital Statement or Statement of Stockholder's Equity
Uses Information from the Income Statement

3. Balance Sheet
Uses Information from the Capital Statement

4. Cash Flow Statement
Uses Information from the Balance Sheet, Capital Statement, and Income Statement
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