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In case you have the chance to evaluate the financial viability of the company which statement would you choose and why? The income statement, because
In case you have the chance to evaluate the financial viability of the company which statement would you choose and why?
The income statement, because it provides the revenue and expenses of a company and shows the final net income that it has made over a period of time. | ||
The balance sheet, because signifies the assets of a company such as a plant, property & equipment, cash, inventory, and other resources. | ||
The cash flow statement, because it provides a true picture of how much cash the business is generating in actual terms. |
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