A firm's financial statements contain trends that give users insight into the firm's
A)future market share.
B)position within its industry.
C)profitability,productivity,and liquidity.
D)current market price for common and preferred stock.

Question

Quizplus · Accepted Answer

Financial statements provide information on a company's profitability, productivity, and liquidity through metrics such as net income, return on assets, and current ratio. They do not necessarily provide information on future market share or current market price for common and preferred stock, although they may indirectly impact these factors.

A Firm's Financial Statements Contain Trends That Give Users Insight