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What Is the Need for the Notes to the Financial

question 52

Essay

What is the need for the notes to the financial statements when a firm's operations are already documented in the financial statements?


Definitions:

Anticipated Growth Rate

The expected rate at which a company, economy, or investment is projected to grow over a specific period.

Constant Growth Stock

A stock from a company which is expected to grow dividends at a constant rate indefinitely.

Last Dividend

The most recent dividend payment per share distributed to shareholders by a corporation.

Indefinitely

Describes an action or condition that is not expected to end or change in a foreseeable time period.

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