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Important item on an income statement

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Write three short paragraphs about the following three topics. Use the topic titles as your paragraph titles:

  1. What do you feel is the most important item(s) on an income statement, and why?
  2. What do you feel is the most important item(s) on a balance sheet, and why?
  3. What do you feel is the most important item(s) on a cash flow statement, and why?
  1. A current federal law and/or regulation that affects business.
  2. A current state law and/or regulation that affects business.
  3. A current local law and/or regulation that affects business.

Reference no: EM133267189

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