What does a balance sheet show? A) The financial performance of operations during a specific period. B) The company's financial condition at a specific point in time. C ) cash flows in and out of the business. D) Details of company sales only. Explain it by each option
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What does a
B) The company's financial condition at a specific point in time. C
) cash flows in and out of the business. D) Details of company sales only.
Explain it by each option
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- Which financial statement shows the financial position of the company? A. balance sheet B. statement of owners equity C. statement of cash flows D. income statementWhich of the following statements concerning the balance sheet is TRUE? a. Ob. C. Operating cash flow (OCF) should be the cash available to creditors. Assets on the balance sheet must be listed in the order in which they are repaid. Changes in depreciation expense affect a firm's cash position. d. The balance sheet shows the prices at which each individual investor purchased the company's stocks and bonds.Which financial statement conveys a company’s ability to generate profits in the current period? a. Income statement.b. Statement of cash flows.c. Balance sheet.d. Statement of stockholders’ equity.
- Which of the following is NOT a financial statement?Choose one answer.a. Income statement b. Balance sheet c. Company performance sheet d. Cash flow statementIf a company shows a profit on its Income Statement, how will this affect (a) the Balance Sheet and (b) Cash Flow?What do the following ratios reveal about the financial health of a company? And how do I calculate them? Liquidity of Short-term Assets Current Ratio Cash Ratio Quick Ratio
- Explain whether each of the following balance sheet items increases, reduces, or has no directeffect on a company’s ability to pay its obligations as they come due. Explain your reasoning.a. Cash.b. Accounts Payable.c. Accounts Receivable.d. Capital Stock.Which of the following statements regarding the income statement are true? Group of answer choices A. The net income from the income statement is included on the asset section of the balance sheet. B. The income statement shows the cash flows from operations during a period of time. C. Net income or loss from the income statement is included in the calculation of ending retained earnings on the Statement of Retained Earnings. D. The income statement shows how much the company owes.Question: Which of the following financial statements provides information about a company's financial position at a specific point in time, including its assets, liabilities, and shareholders' equity? A) Income Statement B) Statement of Cash Flows C) Statement of Retained Earnings D) Balance Sheet
- Which of the following analysis helps to understand the operational performance of the business concern in a given period.? Balance Sheet Analysis Income Statement Analysis Statement of cash flows analysis Statement of changes in owner’s equity analysisWhy is the income statement an important input for a company’s balance sheet and statement of cash flows? A : The income statement is used to calculate earnings before interest and taxes. B : The income statement shows the depreciated and amortized expenses. C : The income statement shows the value of long-term asset and liabilities. D : The income statement calculates the firm’s net income and is used for earnings.n analyzing a company’s financial statements, which financial statement would a potential investor primarily use to assess the company’s liquidity and financial flexibility? a. Income statement b. Statement of retained earnings c. Statement of cash flows d. Statement of financial position