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1. To determine the Cash a corporation has generated through business operations for a specific time period, the user should examine: Income statement Statement of

1. To determine the Cash a corporation has generated through business operations for a specific time period, the user should examine:

Income statement

Statement of Retained Earnings

Balance Sheet

Statement of Cash Flows

2. To determine the amount of debt a corporation has, the user should examine:

Income statement

Statement of Retained Earnings

Balance Sheet

Statement of Cash Flows

3. Companies use financial statement ratios to

Evaluate a company's profitability.

Evaluate companies hiring procedures.

Evaluate a company's ability to sell merchandise inventory and collect receivables.

Both (a) and (c).

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