Asked by a
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
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
D
The cash flow statement shows actual cash inflows and outflows (operating, investing, financing) and the ending cash balance — the most direct measure of whether there’s enough cash to pay bills.
The cash flow statement shows actual cash inflows and outflows (operating, investing, financing) and the ending cash balance — the most direct measure of whether there’s enough cash to pay bills.
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