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g Financial statements are designed primarily to: Group of answer choices Indicate to investors in a particular company the current market values of their investments. Report to the Internal Revenue Service the company's taxable income. Provide people outside the business organization with information about the company's financial position and operating results. Provide managers with detailed information tailored to the managers' specific information needs. None is correct.

1 Answer

2 votes

Answer:

Provide people outside the business organization with information about the company's financial position and operating results

Step-by-step explanation:

The Financial statement refers to the statement that involves income statement, balance sheet, statement of stockholder equity, and the cash flow statement, etc

This should be provided to the outsiders through which the outsiders could analyze the financial position of an organization

Hence, the third option is correct

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