The statement of financial position is useful for all of the following EXCEPT
A. assessing a companys risk.
B. evaluating a companys liquidity.
C. evaluating a companys financial flexibility.
D. determining free cash flows.
Answer:D
The statement of financial position is useful for all of the following EXCEPT
A. assessing a companys risk. B. evaluating a companys liquidity. C. evaluating a companys financial flexibility. D. determining free cash flows.