Asked by Darren Szack on Jun 28, 2024

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Financial analysts utilize a company's financial reports to assist them in making earnings forecasts and earnings per share projections.

Financial Analysts

Professionals who analyze financial data, trends, and financial statements to provide business insights and investment recommendations.

Financial Reports

Papers that give a summary of a corporation's financial health, including statements of financial position, statements of comprehensive income, and statements of cash flows.

Earnings Forecasts

Predictions of earnings for the future accounting period, prepared by financial analysts.

  • Recognize the external stakeholders in accounting data and their dependence on financial statements for making informed decisions.
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Patrick McMahonJul 05, 2024
Final Answer :
True
Explanation :
Financial analysts do use a company's financial reports to help make earnings forecasts and earnings per share projections.