come up with a response to - Balance Sheet lists the company's assets, liabilities, and shareholder's equity. This statement assesses the organizations financial health and evaluates whether the company can meet its financial obligations. Income Statement list profits and losses. It summarizes a company's revenue's, expenses, and net income or loss for a specific period. This statement assesses the organizations profitability and financial performance over a given period of time. Statement of Cash Flows provides information about the cash inflows and outflows of a company during a specific period. It helps analyze the source and uses of cash, providing understanding into a company's liquid assets and ability to meet its financial obligations. Balance Sheet, Income Statement, and Statement of cash flow are all financial statements. They give an organization a broad view of the company's financial performance, liquid assets, and overall financial health. They are connected and must be analyzed together to understand the whole financial picture of a company