Financial statement reports firm assets and liabilities

Assignment Help Financial Accounting

Reference no: EM133209453

1. Which financial statement reports a firm's assets, liabilities, and equity at a particular point in time?

Statement of cash flows

Income statement

Balance sheet

Statement of retained earnings

2. The overall goal of the financial manager is to:

maximize earnings per share

minimize total costs

maximize shareholder wealth

Reference no: EM133209453

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