Explain the importance of the balance sheet, income statement, and statement of cash flows.

Answer each question in paragraph form using complete sentences. (1-2 paragraphs per question)Chapter 1: Introduction to Corporate Finance1) Explain in detail the goals of financial management.2) Compare and contrast the different forms of business organization.Chapter 2: Financial Statements, Taxes and Cash Flows1) Explain the importance of the balance sheet, income statement, and statement of cash flows.2) Explain the difference between book value and market value
( no plagiarism please )
(high quality, please )
Note, the answers can find it in the book which you can find the book in the uploaded file.use the book of ch 1 and 2 to find the answers.