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Sean, the manager at Shield Corp., intends to examine his company's financial position at the moment. In this case, which of the following financial statements is Sean most likely to use?

a.The dividend report
b.The statement of cash flows
c.The balance sheet
d.The income statement
e.The statement of retained earnings

Respuesta :

Officialalehpeter

Answer: C

Explanation:

The most appropriate statement to assess the financial position of firms is the Balance Sheet because it shows a list of the firm's assets, liabilities and finance. Hence, the balance sheet is the skeleton of a company.

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