Explanation:

All the above

- For Creditors: Creditors use financial statements to assess the firm's ability to repay its debts. They analyze liquidity and solvency ratios to determine risk levels.

- For Managers: Managers rely on these statements for strategic planning and decision-making. They evaluate financial performance to implement strategies and improve efficiency.

- For Employees: Employees might use financial statements to understand the stability and profitability of the company, which can impact job security and future prospects.

- For all of the above: Each group has a vested interest in understanding financial statements for different reasons. It impacts lending, management decisions, and employment.

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