financial statements provide information about a companys _____.\n\na. financial position, profitability…

financial statements provide information about a companys _____.\n\na. financial position, profitability, and legal obligations\n\nb. financial position, activities, and legal obligations\n\nc. financial position, activities, and profitability\n\nd. activities, profitability, and legal obligations

financial statements provide information about a companys _____.\n\na. financial position, profitability, and legal obligations\n\nb. financial position, activities, and legal obligations\n\nc. financial position, activities, and profitability\n\nd. activities, profitability, and legal obligations

Answer

Brief Explanations:

Financial statements show a company's financial position (e.g., balance sheet), its business - related activities (e.g., cash - flow statement), and profitability (e.g., income statement). Legal obligations are not the main focus of financial statements.

Answer:

C. financial position, activities, and profitability