How do external stakeholders use financial information such as company income statements and balance sheets to make decisions about the company in such cases as advancing credit or offering leasing vehicles??|||Banks look at those financial statements and can see if the business is profitable or not.
If it's not, the company has no chance at getting a loan or leased vehicle agreement.
I mean, if the company is already in debt and not showing any profit, would YOU loan them any more money ? I didn't think so . . .
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