1. Highlight green for the best answer from a - d. (14

1. Which financial statement includes the revenues of one year?

1. Balance sheet b. Income statement c. cash flow statements d. Equity statement

Which financial statement includes the value of inventories of a business?

1. Balance sheet b. Income statement c. cash flow statements d. statement of owner equity

III) Which financial statement includes the tax expenditure?

a. Balance sheet b. Income statement c. cash flow statements d. Equity statement

IV) Which financial statement includes the current liability?

a. Balance sheet b. Income statement c. cash flow statements d. Equity statement

V) Which financial statement includes the interest expenses?

a. Balance sheet b. Income statement c. cash flow statements d. Equity statement

VI) Which financial statement provides information on the operating performance, short-term liquidity, and investment analysis of a firm?

a. Balance sheet b. Income statement c. cash flow statements d. Equity statement

VII) The balance sheet of a business represents for______.

1. Profitability b. Financial position c. Cash movements d. Revenue and Taxes

e. Increases and decreases in cash