Question

if you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpful?
a. balance sheet
b. income statement
c. statement of owners equity
d. cash flow statement

Explanation:

(not actual cash), and the statement of owners' equity tracks equity changes, none of which focus on immediate cash for bill payments as directly as the cash flow statement.

Answer:

(not actual cash), and the statement of owners' equity tracks equity changes, none of which focus on immediate cash for bill payments as directly as the cash flow statement.