Please answer these question each question in one page .
1/ The balance sheet, the income statement, and the cash flow statement each serve a different function, yet they work in harmony with one another. Give a concrete example of when each of these three statements is needed in a business you are familiar with, and for what purpose. Who (i.e. bankers, investors, business owners, etc.) is most interested in each of these statements and why? How could you, as a non-financial manager, use the statements to better manage people and resources?
2/Using a trade journal from your chosen industry(MY Chosen industry is E-marketing.), illuminate a recent financial problem facing a company in that industry. Look at the big picture, rather than just the shortage of funds or the overextension of credit. Why is this particular financial problem you chose typical or atypical of your industry? What kind of tools and resources will the company with the financial problem need in order to solve the problem? (Hint: solving the problem doesn’t just mean getting money from somewhere. It means finding a solution so that the problem doesn’t present itself again regularly.) Please provide the full APA reference at the bottom of your post.