Which of the following financial statements is used to analyze the economic resources,debt,and overall financial position of a company?

Question

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The balance sheet is used to analyze the economic resources of a company, including assets, liabilities, and equity. It provides a snapshot of a company's financial position at a specific point in time. The income statement shows a company's revenues and expenses over a period of time, the statement of cash flows shows the flow of cash in and out of a company, and the statement of retained earnings shows a company's earnings that have been retained or paid out as dividends over time.

Which of the Following Financial Statements Is Used to Analyze