What does the balance sheet tell you about the company?

Resources: Appendix A: The Home Depot, Inc. Annual Report in Fundamentals of Financial Accounting

Write a 1,050- to 1,750-word paper in which you answer the following questions:

• What does the Consolidated Statements of Earnings—the income statement—tell you about the company? Why is this statement important? What business decisions could be made using the income statement?
• What does the balance sheet tell you about the company? Why is the balance sheet important? What business decisions could be made using the balance sheet?
• What does the statement of cash flows tell you about the company? What business decisions could be made using the statement of cash flows?
• What information is provided in the statements that will assist you in making these bu