The Most Important Financial Statement
Response to the following problem:
As you have discovered, there are three primary financial statements-balance sheet, income statement, and statement of cash flows.
In no more than two pages, answer the following question:
If you could have access to only one of the primary financial statements, which would it be and why?
As you provide support for the financial statement of your choice, also provide reasons as to why you would not pick the other two statements.