For each of the 4 financial statements, who inside or outside of the business can use them & for what purpose?

Answer 1

well all 4 tell the people inside the business how they are doing like a progress report, it tells others outside the business like banks, other lenders, and investors if your company is financially sound and a good ivestment.

Answer 2

Company's have two sets of financial statements. Internal and external. Internal statements can be used for management in order to make decisions such has in a manufacturing situation management has to how much product to produce and how much labor is necessary and they use internal financials to make these decisions. External financials are used by prospective investors, financial institutions and government entities.