Maneesh 30 April 2020 at 14:29 PM

The management of ABC Corporation is analyzing the financial statements of XYZ Corporation because ABC  is
strongly considering purchasing a block of XYZ common stock that would give ABC significant influence over XYZ.
Which financial statement should ABC primarily use to assess the amounts, timing, and uncertainty of future cash
flows of XYZ Company?
A. Statement of changes in stockholders' equity.
B. Income statement.
C. Balance sheet
D. Statement of cash flows.