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If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpful?

User Joel Lord
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2 Answers

1 vote
Use a balance sheet :)
User DanC
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Answer: A balance sheet

Explanation:

A balance sheet is known to be a financial statement which shows the financial position of a company. Thus, Company’s assets, liabilities and owner's equity are been reported at a specified period of time on the balance sheet. Furthermore, its purpose is to know the company’s financial worth, credit and investment.

User Jlhoward
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