Which statement is true:
a. Financial analysis is the use of financial statements to analyze a company's financial position and performance.
b. Financial analysis is the use of balance sheet to analyze a company's financial position and performance, and to assess future performance.
c. Financial analysis is the use of income statement and balance sheet to analyze a company's financial position and performance, and to assess future performance.
d. Financial analysis is the use of financial statements to analyze a company's financial position and performance, and to assess future performance.
Answer: D
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