Which one of the following statements is correct?

Corporate Finance

Which one of the following statements is correct?

Book values should always be given precedence over market values.
Financial statements are frequently used as the basis for performance evaluations.
Historical information provides no value to someone who is predicting future performance.
Potential lenders place little value on financial statement information.

The following statements correct is financial statements are frequently used as the basis for performance evaluations.

Tags: Working with Financial Statement