The primary reason the income statement is so important to investors and creditors relates to its ability to provide information helpful in: assessing the financial condition of a company at one point in time. determining the amount, timing and uncertainty of future cash flows. determining the investment strategy of the company. assessing the changes between the beginning and ending balances of each of the stockholders' equity accounts. The primary reason the income statement is so important to investors and creditors relates to its ability to provide information helpful in: assessing the financial condition of a company at one point in time. determining the amount, timing and uncertainty of future cash flows. determining the investment strategy of the company. assessing the changes between the beginning and ending balances of each of the stockholders' equity accounts