You are a potential stockholder and are concerned that a particular company you are ready to invest in might have too much debt.Which financial statement would provide you information needed in order to evaluate your concern?
A)Balance sheet
B)Income statement
C)Statement of retained earnings
D)Statement of public accounting

Question

Quizplus · Accepted Answer

The balance sheet provides information on a company's assets, liabilities, and equity. By examining the liabilities section, you can determine how much debt the company has and whether it is too high for your investment comfort level.

You Are a Potential Stockholder and Are Concerned That a Particular