Five Financial Statements (in an Annual Report & Interim/Quarterly Reports)

A. Income Statement or Statement of Operations or P/L Statement

B. Balance Sheet or Statement of Financial Position

C. Statement of Cash Flows

D. Statement of Comprehensive Income

E. Statement of Shareholders' Equity____

Which one is for assessing profitability?____

Which one is NOT a change or flow statement?____

Which one shows how much assets are financed by debt?____

Which one shows economic resources and claims to these resources?____

Which one is NOT based on the accrual accounting?____

Which one has three sections: operating, investing and financing activities? ____

Which one is a snapshot picture of the financial position of a company?____

Which one shows changes in paid-in capital, retained earnings, and accumulated other comprehensive income/(loss) during a year?____

Which one shows changes in stockholders' equity that were not a result of transactions with owners?