Answer:
1.
Is required by the Provincial and Territorial Securities Commissions and includes the audited document that shows the company's financial results for the past year and management's discussion about the future outlook and plans - ANNUAL STATEMENT
The annual statement is a very important document that shows a company's financial results in a period as well as the future outlook and plans of the company according to management.
Details changes in the capital received from investors in exchange for shares (paid-in capital), donated capital, and retained earnings - STATEMENT OF CHANGES IN EQUITY.
The Statement of changes in equity shows the changes in capital from investors as well as donated capital and retained earnings.
Aggregates all cash inflows, which the company receives from its ongoing activities and investment sources, and all cash outflows - STATEMENT OF CASHFLOWS
A very important statement, the Statement of cashflows shows the actual amount a company has by deducting its cash outflows from inflows.
Gives information about earnings before interest, taxes, depreciation, and amortization. - INCOME STATEMENT
The Income statement is used to calculate the income for the company in a particular period. It includes expenses such as taxes, interest, depreciation and amortizaton.
Provides a quantitative summary of a company's assets, liabilities, and net worth at a specific point in time. BALANCE SHEET.
The Balance sheet is used to show the assets, liabilities and equity of a company in a given period.
2.
Does the firm generate enough internal funds to support anticipated investment or does additional outside capital need to be raised? - STATEMENT OF CASHFLOWS
As the Statement of Cash Flows shows the actual amount of money available, it would be the best to use to see if the company is generating enough internal funds.
Can the firm meet all its short-term obligations using its current assets? - BALANCE SHEET
The Balance sheet contains information on the firm's current assets as well as its current liabilities and so would be the best statement to use.
