How does the preparation of a classified balance sheet help the statement user predict a company's future

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How does the preparation of a classified balance sheet help the statement user predict a com­pany's future cash flows? What qualitative characteristic(s) is/are illustrated?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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