Bank of America interview question

If you had only one financial statement to choose from in order to analyze a company, which one would you choose?

Interview Answer

Anonymous

4 Oct 2019

This is a pretty basic question. I answered "Balance Sheet" which is insane because every financial analyst/lender knows that cash is king. The answer is the Cash Flow Statement. The interviewer was kind enough to tell me that she usually relies on the balance sheet too. Like I said, they did everything they could to ensure I left the interview feeling good about myself. Still, I think I'd prefer tough love.